Tag Archives: COST

Sold out KO (Coca Cola) 100 @ $40.30/share

4 Dec

Trade History for KO:
June 4 – Bought 50 @ $41.50/share = $2075.00
Oct 1- Bought 50 @ $37.85/share = $1892.50 (Averaged down)
Dec 4- Sold 100 @ $40.30/share= $4030.00
Gross Gain = $62.50
Less: Commission = $2.98
Net Gain = $59.52  (1.5%)

Collected Dividends:
July 1- $11.90
OCt 1- $11.90
Total Dividends:  $23.80

Ever since I bought into KO, it has traded on a down trend.  I was not happy with this trade from the beginning, but I did not want to sell at a loss prematurely.  I held on for a few months and saw it bottom out early October at around $37.85, so I averaged down trying to climb back up from the red.

If I didn’t averaged down, I would still be at a loss…

 $3967.50 is funded solely on margin, the opportunity cost was too high for me.  So I decided to let this one go to lower my margin amount.  I lost money on this investment due to interest payments for six months that I held it.

Currently, I still have margin on my USD stocks:  COST, PCLM, LMT, V.  All those stocks have a gain of 6.52%-18.52% which is performing to my standards.  

The markets is shitty so far in December.  Looks like a lot of traders are cashing out before the end of the year…  maybe I should too before all my gains are diminished.

 

 

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Virtual Broker – Margin Review on my Portfolio

5 Sep

Margin gives you the ability to buy stocks on borrowed money from the brokerage.  The more money you invest in a stock, your risk becomes greater as well.  It can be for the better or worse, but you really need to access how much you are willing to put down or stomach.  *Always be careful when borrowing money.*  

Presently, I have a margin account with Virtual Brokers.   The current rates at Virtual Brokers is 4.5% for CAD and 4.75% for USD.  Margin rates are usually competitive, since they have collateral to the amount of cash you have in the account with them.

Last month, I sold my Goldcorp stock.  So at the moment, I have $4,470.37 cash sitting in my CAD account.  I still don’t know what to buy on the Canadian side.

I also added a few American stocks to my portfolio on margin, but they haven’t been performing as well as I had hoped for.  At the moment, Currently, I have $8,384.51 margin in my USD account.  I am hoping Coke will make a turnaround soon, so I can lessen my margin load.

Current Value for USD Stocks on Margin:

Coke (KO)

2,075.99 1,912.00 -163.99 -7.90%

Visa (V)

$4,152.49 $4,052.83 -$99.66 -2.40%

Costco (COST)

2,240.99 2,292.40 +51.41 +2.29%

Anyways, I have been lazy and not really keep track of my overall stock portfolio.  Time for me to sit down one night and make a good tracking system for all my purchases and sales of stocks for 2013.

Buy Costco (COST) – 20 @ $112.00/share

26 Aug

Costco is popular.  I’ve been meaning to add COST to my portfolio for the longest time.  For some reason, I just held off.  When I first looked at it, COST was trading around their all time highs at $80/share.  Too bad, I didn’t take the first leap.

I am a little bit late to the rally party.  Recently, their share price has retracted a bit which calls for an opportunity for me to jump in.

I believe Costco is a major retailer that attracts a lot of customers though it’s only an exclusive club.  How many people do you know has a Costco membership?