Friday, April 16, 2010

Warren Buffet, JR In the House


Ok..ok...so its a *tinsy* bit early to start proclaiming myself as the Warren Buffet, Jr when it comes to investing (In fact, it sounds like I could learn a lot from the B.O.B.!) But after a year of dabbling in the market, I've finally started to put together a small winning streak.

I suppose I need to explain my investing background. The title of my last blog entry on investing was, "If you don't lose, you win!" I've started to turn that around of late, and ACTUALLY (I know, I was just as shocked as you probably were) made a little bit of money. I've been in Lowes (LOW) for a few months now to the tune of 12%, and I just recently tried my hand at a hybrid investing method of maximizing dividends on stocks with low entry levels that have been around for > 8 years, along with many of the facets I picked up from Warren Buffet.

Using the method I just described, I came across the company Mind CTI Ltd (MNDO) around a week ago. Up 11.74% since. I had to double check and make sure I didn't accidentally short the position.

It's early in the game, but the new methods appear that the can *at least* keep from losing money. I try to remember. "Focus on not losing, and the winning will take care of itself". With that in mind, I just put a stop loss in at a 5% gain.

1 comment:

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