The last day of the week was strongly bearish, but the impact to our portfolio was minimal. Actually, we achieved the small gain of 0.03%.
This situation maybe brougt new undervaluated companies, so we are going to analyze it on the weekend.
Our portfolio recorded nice gains yesterday and erased red numbers. Since we were searching for undervalued companies, we think there is large space to move up in prices.
But as we wrote yesterday: We invest in the long run, so the daily up-and-downs even 10% is not interesting for us. (Of course, the 10% daily gain [...]
If you invest your money on fixed interest rate you may want to know, how long it will take to DOUBLE your investment. You may ask this question also everywhere, where the term growth appears (debt, gdp growth…).
There is very easy way, how to answer this question. So, let’s start.
After several fluctuations on the markets last week, our portfolio performance since purchase is in red numbers. Our strategy is mainly about Buy&Hold for the long time, so we do not worry about small up and downs during week or month.
Today we have added two new companies into our portfolio. They are TDK ($58.78) and TIDEWATER INC ($55.87).
Our portfolio on the end of 20. August 2008:
Hi everybody!
We would like to introduce you our new portfolio, whitch currently consists of 7 companies. This number will be increasing as we find new interesting companies to buy. We are going to write something more about companies in our portfolio soon.
Our portfolio on Yahoo:
We have found interesting video on YouTube, which is showing with basic arithmetics the consequences of growth. We strongly recomend to watch all the 8 videos.
To watch videos, click on to read the whole article.
After long pause we are back. We had some majer issues, but hopefully they are gone.
In few days, we are going to introduce you our portfolio, which we are building from august 7th. Currently we have 6 companies in it. See you soon.
Stumble it!