Personal Portfolio Update: November 2011
As of 11/7/11, I am up 15.49% and after a short hiatus, have only been trading since July 2011. Roughly 4-months and +15.49% would put my yearly rate at 54.03%. Now I don’t exactly plan on having a 54% year, but July to Nov has been extremely good to me.
I have funded $5750 in my account and have started weekly automatic contributions of $50. My account’s value is now $6640 (+$890).
I buy stocks and options and I buy and short. I took a GIANT hit from AEM (gold mining company) because they made a public statement that one of their mines was a total loss — that took a solid 9-10% away from my 4-month performance.
What am I currently involved with? GE and NFLX. I wanted to buy NFLX a week ago, but was hesitant to pull the trigger. This stock is completely oversold my in opinion.
Disclaimer: Always consult a financial expert for investment advice. Investments carry risk.
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