This is the first time I make a post about my own experience in the stock market. I feel like it is worth sharing as I have already made my previous post about stock market investing. I am not an expert on this genre and I am still learning. I do not want to make my portfolio to be available on public's eye since I do not have huge amount of money invested. I made this post just to let some people, specially to some who do not have any slight idea on the stock market and for them to get a glimpse on what is happening this bullish market.
December last year I sold all the companies I was holding to take profits as advised by the TrulyRichclub I am subscribed to even though my initial plan for that is for long term investment. My investment gained some profits and bought a new set of companies on my portfolio but I was not able to take a snap shot/print screen of it because I forgot to do it. I just saw some people doing it and posting it on a social networking site just for education purposes, after that I took a snapshot of my portfolio every time I buy and sell some stock. As I have said I am a newbie and still in the learning process in my journey here on the stock market trading. I have mentioned in my previous post Minimizing Risk on the Stock Market that recently I attended a seminar conducted by my broker. That is why before I attended the seminar I was clueless how to use the available information given by the online stockbroker on the website specially the charts.
I took a snapshot or print screened my portfolio before I sell some stock some time in January and February and coincidentally I have a two week trading day period. I have a January 29, 2013 and a February 15, 2013 image of my port.
My purpose here is to show that in this bullish market (uptrend) my gain grew from 4.19% to 8.69%. I said earlier that I restarted my port last December so this gain of eight thousand peso is roughly only for 2 months. Definitely the banks available today will not give you this money/interest rate in this time period if you just deposited your money on a savings account. Of course stock market fluctuates, this values also fluctuates but I do not trade on penny stock I only bought big companies because I do not want to take more risks since my knowledge on the stock market trading are just the basics. We do not know maybe sometime in the future but as for today I am still learning and this is only one of my journey to financial independence.
My purpose here is to show that in this bullish market (uptrend) my gain grew from 4.19% to 8.69%. I said earlier that I restarted my port last December so this gain of eight thousand peso is roughly only for 2 months. Definitely the banks available today will not give you this money/interest rate in this time period if you just deposited your money on a savings account. Of course stock market fluctuates, this values also fluctuates but I do not trade on penny stock I only bought big companies because I do not want to take more risks since my knowledge on the stock market trading are just the basics. We do not know maybe sometime in the future but as for today I am still learning and this is only one of my journey to financial independence.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.