Monday, November 10, 2008

THE HAUNTING OF MY PORTFOLIO!

The third quarter financial reports look worse than how the METS blew another chance in making the playoffs for the second straight season. Recently took out all my money in Share Builder and now I am fully invested in Zecco Trading. October was the month of unlimited trading for customers as a promotional gimmick by Zecco.

My online stock trades consist of 4 stocks that I have in my portfolio. These stocks are AUY, RIO, PAL, and WFC. Below is a belief description of companies, I am currently holding positions in.

Yamana Gold Inc. (AUY) is engaged in the acquisition, exploration, development and operation of mineral properties. AUY principal product is gold.

Companhia Vale do Rio Doce (RIO) is a metals and mining company. RIO is also a producer of iron ore and iron ore pellets. It also produces bauxite, alumina, aluminum, copper, coal, cobalt, precious metals, potash and other products.

North American Palladium Ltd. (PAL) is a producer of platinum group metals

Wells Fargo & Company (WFC) is a financial holding company and a bank holding company. It is a diversified financial services company.

Tuesday, June 24, 2008

DUDE! THATS MY CAR!

Finally I’m out of the red in stocks and made some profits with Zecco trading. My next dilemma is what car I should purchase. Currently I am driving a 94 Mitsubishi Galant. I brought it in 2003 when it had about 83,486 miles driven. Since then I has made many trips back and forth from Illinois to NYC. It has serviced its purpose and has traveled over 150,000 miles. I think it’s about time for me to get a more luxury car. Something with Navigation system and heated leather seats. My job security is more stable than ever and my pension fund is setup so that I do not have to worry about money when I retire.
What concerns me the most is what car to get! I think I have narrowed it down to three cars that fit my price range and style. This is in no order but I figure I will at least test drive all three cars before making my final decision. The 2008 Mercedes C Class, 2008 Cadillac CTS, or the 2007 Mercedes E 350 4Matic are my final three cars that I will test drive. I really like the 2008 E350 but it would cost me too much at this point in my life. The car price ranges from 52K to about 65k. This is about ten to twenty grand more than what I figure to spend! The way things are going I plan on buying my car after July 4th weekend.