Thu 7 Apr 2005
Stock Bloggin’
Posted by Kym under Moola
Ok. Me blogging about this is going to make a certain person very happy. And now this person is going to owe me. And I like that. {snicker}
Honestly, I don’t buy too often. I’m a hold and hold longer type person. (Although I have been known to day trade to raise “funds” for something I want!) All trades today are for the long haul- hopefully. Today I reinvested some money that I never got around to reinvesting when I dumped my losers last year. I’m big on “balancing everything”. Volitility, although exciting, keeps me awake at nights - so I take great pains to balance everything to minimize it. So these picks aren’t just darts thrown at a board. They are partially picked on how they fit into the overall portfolio.
This is not stock advice. This is more just me “putting my money where my mouth is” for a certain friend who will whine incessantly if I don’t blog this!
PDC — Oil Drilling. Everything I have in energy and oil is coming up roses so I’m adding a bit of exposure. Yes it goes against my PE rule. Shutup.
QLGC — Looks like a great growth stock and I need technology exposure since I am dumping the sucky tech fund I had.
ADSK – Has a small dividend and I need some more technology exposure. Has been down recently looks like a good entry point.
NEM - Hedge against the dollar continuing to fall
GOOG - Speculative. Didn’t buy much… ($192 a share!) but I think it’s a great long term investment and the kids know what it is and will enjoy watching it. Bought it in both my husband’s IRA and in our main brokerage account.
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