The angry dumb investor

2017-03-01T13:07:00.002-08:00

I was just reviewing old posts on my investment blog. On Wednesday, July 27, 2016 I sold some apple stock at $104, locking in a 10% gain. I felt quite smug and brilliant. Apple is at $139.85 today. Doesn't look quite so brilliant today does it? However, any day you make any money is a good day.

It just confirms the validity of my second rule; don't sell a winning stock. (or, only sell losers)

2017-02-08T14:34:00.003-08:00

I just bought a large position in weed.

WEED 11.93 4.01%

2016-12-30T14:46:00.003-08:00

I have done quite well this year with my investments. I beat my 20% target for the first time. I am very pleased.

2016-11-29T12:46:00.001-08:00

Surprisingly, Trump getting elected seems to have had a positive impact on the stock market. I thought the market hated uncertainty.

My portfolio has done quite well this year. We are up almost 17%.

2016-07-27T13:41:00.003-07:00

I was a little bit restless, wanting to lock in my gain from the " Brexit " shudders, so I put in sell orders for half my position in apple and goldcorp.

11% gain on apple, a whopping 78% gain on goldcorp. (but goldcorp was bought long ago)

apple; bought $93, sold $104.00
goldcorp; bought $14, sold $25.00

This isn't really investing, this is playing the market, a dangerous game.

2016-07-04T17:43:00.002-07:00

As a result of the Brexit vote(and other world events);
Bought Apple at $93 and it is now $95.89. Goldcorp, which I had, is up significantly. About 5% just today.

today:
G 25.90 4.77%
AAPL 95.89 0.30%

Brexit

2016-06-25T14:05:00.002-07:00

Everything was down (except gold; goldcorp was up 6.37%) because of Brexit. But, does Brexit effect eveything? Possibly, but immediately? I don't think so. I think this is an opportunity. Stocks that really won't be effected were down.

For example,
Apple Inc.(NASDAQ:AAPL) closed at $93.40, down -2.70 (-2.81%). The day Range was 92.65 - 94.65.

Does Brexit mean apple revenue will drop 3%? Not at all. I think this is a chance to make 3% on stocks like apple in one or two days....if I'm not too late already. Placing an order for tomorrow as we speak.

2016-06-13T13:26:00.002-07:00

American, but relevant and well worth watching.

https://www.youtube.com/watch?v=gvZSpET11ZY

2016-05-31T14:23:00.001-07:00

Well, I finally got tired of waiting for KKR & Co. L.P. (NYSE:KKR) to recover, and sold it. I lost about 12% on it. I know, it is 7% above my 5% rule and should have dumped it a long time ago.

All this does for me is confirm the validity of my 5% rule. Generally, if a stock drops 5% it is going to drop more, and you should sell it.

2016-04-26T14:00:00.002-07:00

Was buying Goldcorp and all that oil and gas stock at their recent low a good idea? I think so. Just look at the increases below.

ARC RESOURCES           +10.30%
ENCANA                  +96.04%
GOLDCORP                +44.17%
KINDER MORGAN           +11.04%
ROYAL DUTCH SHELL    +12.03%
SUNCOR ENERGY           +21.67%

Isn't oil and gas being supplanted by renewables?

To a degree, yes, but it is not happening over night, and may not completely happen in my lifetime.

2016-04-08T13:56:00.002-07:00

I would really like to buy some Tesla Motors Inc (NASDAQ:TSLA) stock ($250.07 down $-7.13 (-2.77%)) but by my own investing rules I can't.

See, I can't really read a balance sheet or income statement, but I know they are important. So, I do the next best thing. I invest by color. If I'm considering investing in a company and its balance sheet and income statement is all black I'll give it further thought. If there is any red, I steer away.

Tesla, right now just has too much red. Will the pre orders of the model 3 offset the red? I don't know! I can't even read a balance sheet for crying out loud.

2016-03-11T18:37:00.001-08:00

Well, after 2 months and 11 days and I am finally back up to where I was at the close of last year. It took like 3 days in early January to wipe out all my gains from the year before, and then some. But we are now back in black. My only loosing stock is KKR, down -13.49%. Yes, I know, I should have dumped it a long time ago.

2016-02-16T12:54:00.001-08:00

Well, I don't know if this is a good thing or bad thing; it looks like all my stock orders were filled.

2016-02-13T16:06:00.002-08:00

There is talk of OPEC and Russia cutting oil production, the markets are up 2~3%...I we are at or slightly slightly past the bottom. Time to start buying. Late Friday I put an order in for the following;

19-Feb Buy     ECA     @ $4.91
19-Feb Buy     ARX     @ $18.39
19-Feb Buy     SU     @ $30.57

If I don't get them early Monday I will change the orders to @market price.

2016-02-05T16:02:00.003-08:00

These are my latest stock buys.

KINDER MORGAN INC     @ $14.13
KKR & CO LP        @ $14.30
ROYAL DUTCH SHELL ADR-A    @ $41.42
GOLDCORP INC         @ $15.36

Overall I am pretty happy with them, except KKR. I am seriously considering buying some more apple. If our dollar was higher I'd jump right on it.

I think there is great opportunity with KINDER MORGAN INC, and may buy more.

2016-01-13T14:05:00.001-08:00

Trying to guess the top or bottom of anything is always risky business. For buying, the best strategy is to let it hit the bottom and buy as it starts to climb. Of course, the natural fear is that you are going to miss an opportunity.

With WTI Crude Oil at $30.44 and Brent Crude Oil at $30.86 I think we are close to the bottom. I am not going all in, but nibbling at oil stocks. Only go for the robust, well funded stocks. For example, in Canada, go for Suncore or Arc resources over batex. You may make more money with batex, but it is way more risky.

Anyway, nibble away.

2016-01-08T14:42:00.003-08:00

Wow. Eight days and all the gains of last year wiped out, and then some.

2015-12-24T13:47:00.003-08:00

My portfolio's performance for the year. A little better than 11%.Not my target of 20%, but still not too shabby.

2015-12-24T13:42:00.002-08:00

GOLDCORP INC [G] is up +9.78% for me. Not bad. Lets hope it holds.

2015-12-19T12:43:00.000-08:00

Call me a creature of habit. Call me irresponsible, but I just could not resist buying some more Goldcorp. Ya ya, I know, but it was down to fifteen and change. Fifteen!!

Anyway it is up to $16.18 +0.92 (6.03%) Dec 18 - Close

Lets hope it stays above $16, or goes even higher.

2015-11-08T12:32:00.000-08:00

I really was expecting some sort of downturn or collapse in October but, nothing. Not even a jitter.

With the rejection of the keystone xl pipeline trans canada pipeline (trp) is down just under 5%. Kinder Morgan Inc (NYSE:KMI) was down form about $15 to around $10, but has since recovered. [edit; I was wrong on kmi. Don't know what I was looking at. was around 25.50, now around 23.44 Still might be a buy] A missed buying opportunity with kmi but perhaps a buying opportunity with trp.

I haven't bought anything, but my portfolio is still doing fairly well. I am at about 12% return. Not my target of 20% but still, pretty healthy. And, I am sitting on a wad of cash.

Here is my portfolio performance.

2015-10-22T15:59:00.001-07:00

My portfolio is doing moderately well. The upturns in the s&p 500 and composite indicate we are in the start of an uptrend and should start buying.

2015-10-22T15:33:00.003-07:00

My two oil stocks are up (as are other oil stocks) and there is no sign of an October crash. Another week and I might start buying again.

CANADIAN OIL SANDS LTD [COS] (up for me) +65.77%
SUNCOR ENERGY INC NEW [SU] (up for me) +13.25%

2015-10-05T14:50:00.002-07:00

Wow.

I am glad I hung onto both can. oil sands and suncor.

CANADIAN OIL SANDS LTD [COS] up +57.25% [for me]

SUNCOR ENERGY INC [SU] up +2.82% [for me]

http://www.cbc.ca/news/business/suncor-goes-hostile-shakes-up-industry-with-bid-for-canadian-oil-sands-ltd-1.3257093

2015-09-25T13:29:00.001-07:00

Well, I sold all my questionable and loosing stocks. Surprisingly I am not completely out of oil.
I held on to;
CANADIAN OIL SANDS (COS) up [for me] +8.19%
SUNCOR ENERGY INC (SU) up [for me] +3.98%

This is my portfolio performance year to date. It is about 5%.