Date: 10:26 2009/02/01
Cash Balance: 991,024.00
Holdings:
comp num_shares price
EEI 10,000 0.88
Total Portfolio Value: 999,648.00
Transaction History:
time date type num_shares price cost
10:20 2009/02/01 BUY 10,000 0.88 8,976.00
Monday, February 9, 2009
Stock portfolio: Buying EEI
Sunday, February 8, 2009
Stock portfolio: Change in strategy
Previously, selldown made the following strategy:
1. Trade a maximum of one buy-transaction per month.
2. A buy-transaction must not exceed 33,000 Pesos.
I thought about it and I think it would be better to change it to the following:
1. Buy transactions for a single month must not exceed 33,000 Pesos.
This would mean that one could issue an infinite number of buy transactions in a single month as long as the sum of the transactions do not go beyond 33,000 Pesos.
On why I think this is better is because there are so many good companies out there that isolating a buy transaction to a single company for a given month would lose us the opportunity of cost-averaging the purchase of other good companies. So our strategy would be to cost-average the purchase of several good companies simultaneously over time.
1. Trade a maximum of one buy-transaction per month.
2. A buy-transaction must not exceed 33,000 Pesos.
I thought about it and I think it would be better to change it to the following:
1. Buy transactions for a single month must not exceed 33,000 Pesos.
This would mean that one could issue an infinite number of buy transactions in a single month as long as the sum of the transactions do not go beyond 33,000 Pesos.
On why I think this is better is because there are so many good companies out there that isolating a buy transaction to a single company for a given month would lose us the opportunity of cost-averaging the purchase of other good companies. So our strategy would be to cost-average the purchase of several good companies simultaneously over time.
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