"If you hang in there long enough, you get your day; and its even better." -Eddie Vedder My main goal is to build a portfolio of $1,000,000 in 1500 days, starting from 1/1/2013. Every month, I provide an update on my status. My goal for 2013 is to get my portfolio up to $672,750, from a starting point of $586,043. Time to look back on the first quarter.Days elapsed: … [Read more...] about Performance Update 3 of 50: First Quarter is in the Bag
Apple
Apple’s real enemy isn’t Samsung
Normal readers of this blog, bear with me while I take a little detour this morning...Much has been made about Samsung's threat to Apple. With the recent announcement of the Galaxy S4, tech pundits continue to pronounce Apple's demise. Stick a fork in them. However, Samsung is not who Apple should be worried about; it's Google. And Samsung should be worried about Google as … [Read more...] about Apple’s real enemy isn’t Samsung
Performance Update 2 of 50: Falling in February
January 1: $586,043 (starting point) February 1: $587,134 March 1: $576,890The dirty totals February loss: $10,244 Overall loss: $9,153 Days elapsed: 59 Days to go: 1441The markets continued to climb in February. The S&P 500 went from 1498 to 1518. All indexes are currently near their all time highs. Things are going awesome; except for me. … [Read more...] about Performance Update 2 of 50: Falling in February
Performance Update 1 of 50: Stinky January
January 1: $586,043 February 1: $587,134 Gain: $1,091January was an awesome month for the markets. The Dow Jones and S&P 500 both gained over 5%. Spectacular! However, the 1500 Portfolio barely moved. Craptacular!!If you read my post a couple weeks back, you know my irrational exuberance for Apple is what did me in. … [Read more...] about Performance Update 1 of 50: Stinky January
Chasing Stocks is a Fool’s Game and I am a Fool
Anyone who pays any attention to technology news or the stock market heard about Apple's spectacular stock collapse this past week. Analysts' expectations were high and Apple didn't meet them, so the stock was severely beaten. In my mind's eye, I'm picturing Mike Tyson at a Whac-A-Mole game. Instead of moles, Tyson is smacking little Apples into oblivion. Applesauce.Now, take … [Read more...] about Chasing Stocks is a Fool’s Game and I am a Fool