Stock Portfolio & Lottery
So I am going ahead with my plan to buy $100 worth of $1 scratch-off lottery tickets to test the averages. I will take pictures and tabulate the results by the end of this week.
My total net worth has slipped a little as my Ameritrade portfolio has been under some stress lately. These are all longterm holdings, so no selling is in sight (except maybe Syntel). Check it out:
Fortune Brands (FO) - Has steadily moved between a 6% and 11% gain since I bought it. I personally idolize this company for its diverse array of subsidiaries. Check out some of their well-known brands: Fortune Brands Website.
General Electric (GE) - A pretty stable stock that I plan to keep forever. I doubt this stock will go anywhere fast, up or down. It's meant to be the "rock" of my portfolio.
Syntel (SYNT) - They are issuing a $1.50 per share dividend on March 31st which will add up to a nice $270 infusion into my account. If the stock hits above $25 I will sell. I have made money on this stock in the past.
Over the years I have finally taught myself to remove all emotion from stocks. Whether they are up or down for the day, I don't even flinch. As I plan to hold these for many years, small changes no longer interest me. My heart used to speed up everytime I would log in to check my sotcks, I have finally developed a thick skin!
My total net worth has slipped a little as my Ameritrade portfolio has been under some stress lately. These are all longterm holdings, so no selling is in sight (except maybe Syntel). Check it out:
Fortune Brands (FO) - Has steadily moved between a 6% and 11% gain since I bought it. I personally idolize this company for its diverse array of subsidiaries. Check out some of their well-known brands: Fortune Brands Website.
General Electric (GE) - A pretty stable stock that I plan to keep forever. I doubt this stock will go anywhere fast, up or down. It's meant to be the "rock" of my portfolio.
Syntel (SYNT) - They are issuing a $1.50 per share dividend on March 31st which will add up to a nice $270 infusion into my account. If the stock hits above $25 I will sell. I have made money on this stock in the past.
Over the years I have finally taught myself to remove all emotion from stocks. Whether they are up or down for the day, I don't even flinch. As I plan to hold these for many years, small changes no longer interest me. My heart used to speed up everytime I would log in to check my sotcks, I have finally developed a thick skin!
Labels: Financial
posted by Neville @ 12:02 AM
3 comments
3 Comments:
I'm sure after scratching 20 tickets or so I will get tired of it.....unless I keep winning!
Anyways, I'm excited about this "project" and will get on it ASAP! You know....for the good of the investment community ;-)
lol the 100 scratch off sounds fun. if not a bit crazy. its not a whole lot of money but $100 can still buy me 20 happy meals :)
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