1 May, 2008
One stock I bought during the March freefall was Google (
GOOG). I bought some originally at around $520 and then after it dipped, some more in the $420-$450 range.
After outperforming in its recent quarter, the stock is trading around $575 right now. I’ve taken a bit off the table, but I still have about 80%+ of my shares. I’m still deciding what sort of price I’d sell it at. To me, it was an obvious and clear buy when it was in the low $400’s, but now I’m not so sure. Here are my pros and cons:
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25 Apr, 2008
I had a nice little run with Apple stock in the past couple of months (ticker symbol
AAPL). In the midst of a
Wall Street panic, I was able to pick up shares in the $130-$135 range.
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20 Apr, 2008
“A recession is possible!” Ben Benrnanke, Federal Reserve Chairman, said this in the first week of April 2008. Now, how does that affect the US Stock Market? The markets are definitely going to plunge southwards. Will this recession will be a shallow one? With the current issues, it looks like a deeper than usual fall in the near future. But, we don’t want to speculate how long the recession will last this time. We want to be on our toes to look for a rebound.
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14 Apr, 2008
* Don’t invest without a plan! First and foremost, every investor must have investment plan and goals set firmly.
* Don’t hold on to stocks that are making losses. People do this in the hope that there will be a turn around in the price and then they can exit at the buying price.
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