Tuesday, January 22, 2008

Market and Economic Meltdown? Keep things in perspective.....


I am not excited about what is happening in the economy right now.....but if you read my BLOG for a while, you know I have been jittery about it for a while.

But not everything is doom and gloom.....we have to appreciate the gains we still have from our past positions. I have an example below of some stock I bought after my Vonage Meltdown.

I bought $3000 in Vonage stock thinking it was the next best thing since sliced bread....and Vonage just kept messing up the parade......the result....it's value fell to $2000 where I got out.

I bought the stocks below...and even after a 10% fall yesterday alone, I still have a hansome profit. (if i sell that is)

Check it out: (I wish the rest of my 401K did this well though)

Created: 1/22/2008 8:12:39 PM
LONG INVESTMENTS
SHARES
COST/
SHARE
TOTAL
COST
CLOSING
PRICE
CLOSING
MKT. VALUE
SHORT TERM
GAIN/LOSS
LONG TERM
GAIN/LOSS
%
CHANGE
CHINA UNICOM (CHU) 99 10.8707 1,076.20 22.49 2,226.51 1,150.31 106.89
ISHARES FTSE/XINHUA CHINA (FXI) 11 95.3864 1,049.25 156.94 1,726.34 677.09 64.53

Total 2,125.45 3,952.85 1,827.40 85.98

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1 Comments:

Anonymous QUALITY STOCKS UNDER 4 DOLLARS said...

Markets melt down whats new about that.

4:46 PM EST  

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