Showing posts with label grow. Show all posts
Showing posts with label grow. Show all posts

Friday, April 8, 2011

Week Lessons

I just did a rear view mirror look of my investment moves last week.

Even though the market value of my investments are up, I'm still behind due to the fees that was charged to me to execute my trades.

Recap:
Total Money Put in fund: $200 + $50 bonus = $250.00.
Market Value of investments: $221.55 (as of 9:58 am PST)
Loss: $28.45
Fees paid $29.85.

Lessons learned:
Purchase positions that would bring more bang for my buck after fees.
ex: Buy 5 LULU at $90 each ($450) at one time with only $9.95 paid in fees instead of 5 different trades of LULU at $90 each ($450) and pay $49.75 ($9.95x5) in fees.  Whatever dollar cost averaging discount I get from buying in different times would have been eaten by the fees.

Plan of action: Perhaps do a monthly trade of blocks of stocks instead of buying one-by-one.  Also, do the automatic investment plan where the fees would be $4 instead of $9.95.

Tuesday, March 29, 2011

Trying Again

I just placed a LO for LULU at $88.90.

Currently, LULU is at $89.17, $0.08 off the 52-week high of $89.25.

I expect some profit taking tomorrow and I can finally get a position in LULU.  Even though the stock price seems high and I may have missed the rally, my reason to invest in LULU (Growth in US, Male and Youth Market, Opening a Store in Hong Kong and Possible 2:1 Stock Split) has not changed.  Unless these fundamental info changes, I'm bullish that LULU still has room to grow.