I am tired! I finally got David Bach’s book The Automatic Millionaire on CD at the local library. I put a hold on it over a month ago, and my turn came around. I have been listening to it in my car, and am on the last disk. I will probably write a review when I am finished.
I am listening to The Warren Buffett Portfolio by Robert G. Hagstrom while sitting here at my desk. It is interesting, but much of it is over my head. I am trying to absorb at least some of the material.
When I get a chance, I have been reading Peter Lynch’s book Beating The Street. This book is much more accessable and easy to understand.
Wall Street has been having a wacked day! Many of my stocks were up in the pre-market, then dropped. My newer stocks which were up yesterday, while my older bought stocks, and the market were down. Today, my newer stocks dropped, while the ones that dropped yesterday, are up. But now the whole market seems to be angling up again.
Google still has not indexed my site. The site which overwrote mine (due to a foul up by my and the other webmaster’s hosting service) is indexed in Google, yet mine which was up 2-3 weeks earlier is not. Google has crawled at least some of my sites pages on multiple occasions, but has yet to include any of them in it’s index.
At least it is Friday! I am looking forward to having a relaxing weekend…at least relaxing some. There is a lot of stuff to do.

Posted by Rob in Getting Rich on April 29th, 2005 | No Comments

Buy And Hold account:

Buy And Hold Roth IRA account:

Posted by Rob in Portfolio on April 28th, 2005 | No Comments

After wrestling with the descision of whether to buy Target, or Lowes, I decided on Target. I shop at Target more often than I shop at Lowes. The GM stock sold for $180. So I put in an order to buy $177 worth of Target ($180-$2.99 transaction fee). It will take place in the 12:30pm window.

Posted by Rob in Transactions on April 28th, 2005 | No Comments

After the sale of my GM stock goes through, I should have about $180. I have been looking at both Lowes (LOW) and Target (TGT). I think both are solid growth companys with lots of potential. Lowes has better future earnings estimates, but if you look at the stock prices, Target has gone up faster in the last 1 year, and 2 year periods. If you walk into a Home Depot (HD) or a Lowes, they are pretty much the same. I guess you could compare Tagret with a K-Mart (SHLD), but Target ‘feels’ better. I have always liked Target, and was excited when they first built one in the area where I now live. So my gut is telling me to go with Target over Lowes, evn though Lowes seems to have better numbers. I went against my gut feeling when I bought the GM, and that turned out to be a mistake. In reality, I think either Target or Lowes would be a good choice. I could alway buy some of one, and then buy some of the other in a week or two. I amd thinking I will go with Target.

Posted by Rob in Getting Rich on April 28th, 2005 | No Comments

I decided to sell my little bit of General Motors (GM) stock. It is the purchace I most regret. Would I buy it now? No. I don’t even like GM cars. They are junk!. I drive a Honda, and am a fan of thier cars. If I had it to do over again, I might have bought Honda (HMC) instead. I still might. I could leave the GM stock in my portfolio, but the reasons I bought the stock no longer fit with my current strategies. I am starting to concentrate on companies who’s products or services I use or like. But I am also learning more about how to analyse the stocks, and am hopefully picking better ones. My purchase of GM was a mistake, so instead of holding on to a loser, I am selling it, and will invest the proceeds into something else. I already put the sell order in for the 10am window tomorrow.

Posted by Rob in Transactions on April 27th, 2005 | No Comments