tag:blogger.com,1999:blog-90516055169755086922024-09-10T17:57:49.818-07:00Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.comBlogger26125tag:blogger.com,1999:blog-9051605516975508692.post-72187370920541955312013-07-05T16:01:00.003-07:002013-07-05T16:01:40.636-07:00

Can Icahn and Dell join force? One of the possible outcomes is, you guess it, icahn and dell join forces. I think the mistake M Dell made for his LBO is to abandon SAM. If he had chosen SAM as his partner, the LBO group owns a little less than 25% and the offer price can be as high as $17. I don't think anyone can stop that deal going through. It is not too late yet. The combined ownership

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-23150369328937654152011-09-12T11:26:00.000-07:002011-09-12T11:29:38.286-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? It is time for reflection and meditation. The DOW has dropped from 12810 on April 29 2011 to today’s 10902. My portfolio has given up all the gains this year and then some. There are again talking heads on

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-51713594649218877632011-04-03T10:35:00.001-07:002011-04-03T10:37:10.628-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I bought 400 shares of MSFT at $27.36 on Feb 10, 2011 and 600 shares of CSCO at $18.92 next day. I paid $7.95 for each transaction. Both were darlings of the Internet bubble era and are falling angles

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com1tag:blogger.com,1999:blog-9051605516975508692.post-42408305953729495992010-11-23T06:02:00.000-08:002010-11-23T06:02:53.231-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I am not standing still. Besides buying a condo, I bought and sold a series securities. One of the most notable ones is the new purchase of 500 shares of Medtronic (NYSE: MDT) at $33.37 paying $7.95

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-11332639301923182632010-11-22T11:57:00.001-08:002010-11-22T11:58:56.878-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? It has been a while since I last updated my blog. Apologies to my regular readers! Buying and operating rental properties take a lot of time. But I am not standing still. I updated my old condo and rent it

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-88837221434445260782010-08-03T08:32:00.000-07:002010-08-03T08:33:47.599-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? Fellow Toastmasters and guests; There were two condos for sale across the street from mine. On July 18, I took a look at one of them and made an offer on the spot. After negotiations, my offer was

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-81297213971963690822010-06-22T10:45:00.001-07:002010-06-22T10:57:24.771-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I sold my last Coach holding on June 15, 2010 for $8,824.90 and paid $5.10 commission. And finally, I got my hands on OSG. I bought 100 shares on March 26, 2010 for $3, 990. If a public listed company in

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-68310390721980927102010-05-21T08:04:00.000-07:002010-05-21T08:05:52.322-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I am slow in new posts recently because I am planning a major life change event. Now, the dust has settled, I would like to catch up. First, I would like to talk in details on the GSK purchase I mentioned

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com1tag:blogger.com,1999:blog-9051605516975508692.post-42270517144381704572010-03-03T10:33:00.001-08:002010-03-03T11:13:13.134-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I also bought 100 shares of GSK at 38.74 and another stock which I will keep anonymous for now since I am not done building my positions yet. Once I finish building a full position, I will post all the

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-47434695433515288672010-02-18T10:32:00.001-08:002010-02-18T10:33:26.156-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I bought 200 shares of LM at $26.26 on Feb 03 2010 paying a commission of $4.95. I owned 400 shares of LM before this purchase. Legg Mason, one of the world largest asset managers, is trading at less

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-1114141314420627592010-02-16T07:57:00.001-08:002010-02-16T08:08:05.754-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I sold one stock so far and bought four. I sold out LTD on February 04, 2010 at $20.24. Since it is in my Welltrade account, I didn't pay a commission. I first bought LTD in Oct 2007. During the holding

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-77449154369876593242010-01-31T12:33:00.001-08:002010-01-31T12:35:02.619-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? The following is a speech I gave at a local toastmaster club. I received an email last Thursday for the citizenship interview. I am going to be a United States citizen. Becoming a US citizen is really

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-33618978356873214822010-01-31T12:23:00.001-08:002010-01-31T12:25:38.129-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I bought 500 shares of FNF at $12.99 on January 28, 2009. Since I moved my account from Scottrade to Wellstrade, I get 100 commission free trades annually. I had a little history with FNF. I first bought

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-5900372330950465962010-01-21T14:51:00.000-08:002010-01-21T14:53:36.537-08:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? On Friday, Dec 18, 2009, Carmax (KMX) reported a good quarter. From its earning release, it states, "Net sales and operating revenues increased 19% to $1.73 billion from $1.46 billion in the third

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-35365427873986440252009-10-15T07:07:00.000-07:002009-10-19T13:29:22.492-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I sold 61.943 shares VIIIX at 100.1 on October 14, 2009, when Dow first settled above 10, 000 since October, 2008. I bought 481.028 shares DODIX at $12.89 using the proceeds. I paid no commissions or

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-39213798274410964042009-10-08T10:01:00.001-07:002009-10-17T12:56:52.525-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? The following is a piece I will talk at a local toastmaster club. Thank you, Toastmaster! Fellow member and distinguished guests! The current issue of Forbes carried a story on how taxes change human

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com2tag:blogger.com,1999:blog-9051605516975508692.post-82728342149657591242009-10-06T08:21:00.001-07:002009-10-15T12:12:40.713-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I would like to tell my own story first. When I first landed on the most fortunate land on the world, I had $1, 000 borrowed money in my pocket. I was guaranteed about $1, 000 a month through a research

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-80805190314703287542009-09-28T11:19:00.001-07:002009-10-15T12:12:19.675-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? This is a fruitful weekend. I watched Ken Burns' new spectacular – “The National Parks”. You have to admire the wisdom of the Americans designing such a wonderful system contrasting to the park system

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-41881799543387303702009-09-26T20:08:00.001-07:002009-10-15T12:12:01.029-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I always have more ideas than cash. It is my desire to turn this situation around. I believe once I have more cash than ideas, my struggle against poverty is near its end. But some of my friends rely on BBS

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-75589917437168151022009-09-26T19:36:00.001-07:002009-10-15T12:11:43.326-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I have been contemplating on real estate investments for some time. I am not handy. If I want to do real estate without being ripped off by a contractor, I have to found some partners who are handy. It is

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-25082229312489935682009-09-06T10:23:00.000-07:002009-10-15T12:04:42.683-07:00

If you are a first timer, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? I bought 200 shares Leucadia National Corp (LUK) at $23.45 on September 3, 2009. I paid additional $4.95 for this transaction. During this downturn and previous Katrina disaster, I have bought BRK.B, BAM

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-5445252294772901782009-08-25T20:24:00.000-07:002009-10-15T12:11:02.670-07:00

If you are visiting my blog for the first time, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? There are many great books competing for the best ever investment book title. But if you only want to buy one book and one book only, you have to buy “You Can Be a Stock Market Genius

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-59173983910685359492009-08-23T18:54:00.000-07:002009-10-15T12:10:44.172-07:00

If you are visiting my blog for the first time, please read the following pieces first. It will provide you with important background information. 1. Why I created this blog? 2. How am I going to operate this blog? Here is the speech I gave at a local Toastmaster Club. It is more inspirational than theoretical. But it can serve as the reminder of the danger of the unsuspecting minds. Some

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-30071757089969121472009-08-23T11:25:00.000-07:002009-10-15T12:09:58.478-07:00

I created this blog to measure my own progress, show ordinary people with limited resource how to build wealth and publish a tractable investment record. 1. Measure my own progress. I take investing seriously. As pursuing any other serious matters, I don't want to kid myself. Since 2003, I began writing a review every 6 months against my stated financial goals. I have been keeping my records

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0tag:blogger.com,1999:blog-9051605516975508692.post-33842711480570110432009-08-22T20:51:00.000-07:002009-10-15T12:10:13.701-07:00

 Dear Reader; Please read this post carefully as it lays out the guidelines on which I am going to operate this blog. I also encourage you to keep it as one of your reference links since I will update it if I changed some of the guidelines. 1. Portfolio. This is a long only portfolio aimed for long term investment. Most of the holdings have been held for more than three years now. I

Tomhttp://www.blogger.com/profile/06336966790367439598noreply@blogger.com0