Tag Archives: AAPL

Turning a Blind Eye

5 Apr

For the month of April, I plan to turn a blind eye to my budding stock babies that I had acquired end of March:  TCK.B, TRP, CHE.UN, AAPL.  I have built up my margin to $27,723.42 for these 4 particular stocks.  

In 2010, I took out loans to buy more stocks.  In 2011, I paid back all my loans to play it safe.  This year, I am taking on a bit more risk in order to hit my target of $120,000.

Story of my life, I’m going to take a back seat this month.  If I hit my target for TCK.B, I will sell for a profit.  Just going to wait for a green sunny day! 

Looks like TRP will take some time to blossom.  I’m not too sure if sitting on margin on this one is such a good idea.  I have collected their dividend thus far.

AAPL is a steady work horse.  Even though, I bought at its 52 week high.  It continues to amaze me how well they break through resistance.  I am definitely holding this one till I see weakness forming around its share price.

To be honest, I’m a little stressed with CHE.UN.  I had invested a lot of money into this one.  It’s been on a steady decline from its 52 week high.  I’m currently down 8.33% equaling $1505.73 smackaroos which is hard to swallow.  But I am seeking long-term distributions from this particular stock.  Of course, price appreciation in the stock will help out too.

 

Took a loss in CRUS

29 Mar

I took a gamble on CRUS and walked away with a $260.85 loss.  I am very dissapointed with my recent buys.  I had a gain on the first day but didn’t walk away.  Time for me to execute with precision. 

Reason why I sold CRUS is to jump onboard another stock.  I am finally caving in on the Apple train.  Day after day, Apple continues to swing upwards except for today.  Could this be a bad omen?  I sure did miss out on these last three months.  Can I get a little bit of the magic ride?  Maybe it’s already too late.  I rather bet on Apple than CRUS.

APPL:  20 @ $611.52/share

 

My humble beginnings…

26 Mar

In my early twenties, I only made $10/hour.  I stayed at my first job for three years without any raises.  Money was tight, but I would always sock away at least a few hundred a month.  In those years, I’ve managed to save $10,000 and help contribute to an investment property that I bought with my parents.  When I moved onto my next job, I had to buy a car to drive to work.  I wanted to buy a used car for around $10k, but my dad said it was better if I bought a new car.  This basically wiped out my savings and put me $14,000 in debt.  I took out a loan from my dad and Honda.  In three years, I fully paid off my debt in August 2009… that’s when I really got down to business with the market.

The stock market always intrigued me.  I’ve always wanted to open up a discount brokerage to trade stocks.  But I never really had the money to do so.  In 2003, my dad started me off with $2000.  My first two stock buys were 15 shares of Microsoft and 10 shares of Harley Davidson.  I ended up selling them down the road at breakeven due to my heavy ended $29/trade commission.  At that time, Apple was a dog and only trading at $7.50/share, if I only picked up 200 shares instead… and kept them to date.  My life would be so much easier!I

It’s been 9 years since I opened my first online brokerage account.  I’ve always kept afloat.  Never really making big plays.  When the market crashed in 2008, I held Starbucks and Visa.  Those were my two biggest holdings at that time.  Both of my stocks took a major 50% cut, I was down and out by several thousands.  For the longest time, I didn’t even look at my stocks.  I’d go months without looking at my portfolio.  I was hopeful it would make a rebound and kept my shares instead of selling them in a panick.  That strategy has helped me out tremendously to this day.

During 2008, I picked up a few stocks that I have made some money out of.  If I had kept them to date, my gains would have been higher.  Today, I still hold my Starbucks at over 195.29% gain.  Sad to say, I sold my Visa prematurely at a gain of 21.71%.  If I had kept my shares, I would have another 100% gain in my hands.

Buy and hold strategy has worked out for me.  Lately, I’ve been making more trades to actually capitilize on my gains before they get wiped out.  Every stock goes up and down in this volitile market, know when to let them go when it’s time before it’s too late.  I’ve made tons of mistakes along the way… selling off stocks at a loss in the thousands or selling too early to miss out on more gains.  But I’ve always managed to scrape by in the green.

If you’re just starting out, please go and open up a discount brokerage account.  Don’t be afraid!  Don’t pay $29/trade as I did in the early years… there are more online brokerages these days that offer better commissions.

Patience

5 Mar

My patience is wearing thin on Potash in particular and a recent buy of Cliff Natural Resources.  I will wait out the downward slide of the last few days.  Don’t you just hate it when you buy a stock, then it keeps on going down?  I do!  Buying on the down trend is tricky.  You may think you’re getting at a bargain price, but sometimes it just doesn’t work out that way. 

Timing is everything!  

Buying on an uptrend may be the better way to go.  Go with the upswing momentum.  For instance, I was looking at Apple.  I’m like wow, it’s going up like crazy.  Day after day, Apple is soaring.  I think it’s too expensive, I should stay out of it.  I’ve watched it go from $420 to $530.  $110 difference in a matter of two months.  Can Apple really sustain these high prices?  What if I buy today, only to find out I made a mistake on buying at its 52 week high?  Only to come down the very next day. 

Today, Apple shows some signs of sell off… dropping $13 to $531.75.  Might be a good opportunity for me to jump in, but do I want to be burned at these high prices?  Nah, I can’t really afford it!

Just $10.10 shy of my monthly $500 profit goal

3 Jan

Trading summary for December 2011:

I sold out at the right time, but I missed out on opportunities to RE-BUY for both stocks.  I was not active in December at all due to the depressing amounts that befell on my other stocks.  Laying low, out of harm’s way till things start to tide over.

TICKER QTY BOUGHT SOLD CHANGE PERCENTAGE
MA 20 7204.95 7614.90 409.95 5.69%
AAPL 20 7694.95 7774.90 79.95 1.03%

One Trade in November at a LOSS

1 Dec

I sold out Groupon at a loss:  $374.95

If a stock is tanking everyday from your buy in price, it means trouble.  I had to cut my losses when I had the chance.  Today, Groupon is trading at $18.79.  Their lowest point was at $14.85 just a few days ago… always look for the red days to pick up some good value stocks! 

November was a slow month for me.  Not much trading at all.  I picked up a few stocks like Mastercard; Apple; Keg.un and adding a couple hundred shares in Just Energy which never seems to go up but down.  Don’t know why I keep averaging down on that sucker, the monthly dividend is a little more than 10c per share… now I have like 600 shares but with a loss at more than $1200!  Let’s see how time will prevail. 

Today’s trade:  I sold out MA ($420-9.90) and APPL ($90-9.90) to make up for my loss in Groupon.  Just a few days ago, I was deep in the red.  Sometimes, you just have to play the game and set your profits before they go down like a rocket!

TICKER QTY BOUGHT SOLD CHANGE PERCENTAGE
GRPN 100 2,869.95 2,495.00 -374.95 -13.07%

Call me crazy?

6 Apr

Ah, what do I do when my stocks is falling?

I go and buy two technology companies on MARGIN.  Who hasn’t heard of Blackberry and Iphones these days?  Even though I don’t own either, most people do!  My sis and her husband are the Iphone couple.  My bro and his girlfriend are the Blackerry couple.  

RIM- 200 shares @ $53.40
AAPL- 20 shares @ $338.10

I don’t plan on holding these two for long.. once I hit my $200-400 in capital gains for each stock.  AAPL will probably take some time actually.  I don’t see this thing jumping $10-20 overnight.  But with RIM, I just need it to make that little $1-2 pop and I will opt out of my position quickly.