Current YTD Return: $-1192
I recently found out that Honda (HMC) debuts its first hydrogen-powered car in South Carolina in the next few months. Named the FCX Clarity, its hydrogen and electricity powered car will be three times as more efficient as the standard gas-powered vehicles. And the price? Not too shabby. Only $600/mo for a three year lease. Shit I’d pay that to save anything on gas which is above $5 now in California. (more…)
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…)
Current YTD Return: -$1160
Since I never really explained my thought processes on why I own the three stocks I own now, I figured I’d explain them on this post. After all, this is an investing blog right? Many of you think I’m a dumbass for owning three stocks that correlate heavily on the oil price, which keeps hitting all time high weekly. You may be right, but here are the reasons why I bought them at the price I did: (more…)
Current YTD Return: -$430
Here are some of the great sites/shows I take advantage of for my learnings:
1) Morningstar.com - I love their front page. It easily shows the market status by different segments. A quick snapshot of most active trades, biggest losers and biggest winners. I use this site everyday for the front page.
2) CNNMoney.com - I love their stock quotes. Easy to search, easy to read, various information associated with the stocks. You can also check where the market is going by looking at the futures before the opening bell.
3) Mad Money on CNBC - I love watching Jim Cramer and his energy. He really has some great insight and I use him to discover investing options. He has various sections like “Lightning Round” and “Are You Diversified”. He is insane though. Who eats SPAM raw because his prior stock he recommended sucked? Only a madman..
4) Motley Fool - Good compilation of articles that readers can vote. You can find articles that you wouldn’t find elsewhere. (more…)
Current YTD Return: +$319
Obama today announced his view on the need for additional tax stimulus in the amount of $50 billion dollars. Pretty nice. I don’t mind getting another check for $200-$300. I personally want this to take place even though it’s ultimately coming out of our future tax returns. Anything to stimulate the economy at this point. (more…)
This past Friday June 6th was a huge day for the Wall St. As I said in the previous post, the Dow crashed by almost 400 pts which led to a decline of my portfolio by $800. Now, if this was me a year ago, I would have joined the crowd and sold all of my stocks out of fear. However, through my past experiences of panicking and selling the stocks out of fear, I’ve learned one valuable lesson: (more…)
