My $10000 Dollars

Investment Blog. A story of a guy venturing into the investing world with $10,000 dollars.

Archive for June 17th, 2008

I Am An Idiot

June 17, 2008 By: Hiro Category: Personal 2 Comments →

Current YTD Return: -$973

Yes…once again I proved myself I suck at timing the market (which people have already told me I can’t do). I sold my DRYS stock after tanking $15+ thinking it will start to go down. When I sold it, it was on a downward trend. Only, it came right back to +$2 by end of the day yesterday (it actually did go negative one point of the day). Guess what? It went up by $5.55 per share which would have given me additional $555 in gains…Please..if anyone is reading this tell me I’m just an idiot…cause I am. (more…)

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Investing In Oil Crisis

June 17, 2008 By: Hiro Category: Informative, Stocks 1 Comment →

Current YTD Return: -$1068
Oil hit a new record high AGAIN at $139 today before it dropped down a bit. Analysts say it will go up to $150 by this coming Monday. Despite the fact that OPEC will be pumping out more gas than now, the rate cannot keep up with the rate in which the demand is going up. (more…)

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