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Tuesday, July 03, 2007

Bad Economy? My portfolio is doing fine.

About a year ago, I decided to "play" the stock market game. I purchased 1000 shares of four of my favorite stocks. It cost a tad over $500,000 to buy in because the stocks were expensive. This morning I checked my portfolio and whoa... other than Yahoo, I didn't do so bad. Expedia was a gut call and I should have put it all in there... darnit! :)

SymbolCompanyLast TradePerformancePercentage
BABOEING CO96.77 +$16,905.00+21.17%
EXPE Expedia, Inc. 29.16+$14,525.00+99.25%
GOOGGoogle Inc. 530.38+$150,335.00+39.56%
YHOOYahoo! Inc.26.86 ($3,695.00)-12.09%
  Totals+$178,070.00+35.25%

No, I didn't actually buy the stocks. I simply used an online portfolio manager. Using the price of the stocks on the day of purchase (plus $15 commission per), my pretend portfolio is worth $683,170.00.

For the record, I have no interest in the performance of these or any individual stocks. This is just an example and for entertainment purposes... at least my own entertainment. I am not a stock broker nor involved in the trading of financial instruments in any way.

With the DOW over 13,500, I wonder how much better I would have done if the economy was not in such "disarray" as the MSM like us to believe. Oh, wait... the DOW has never been so high and economy is booming despite the highest energy costs in history. Funny how blind so many people choose to be.

Simply put... thanks G.W.! You done good!

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