Monday, October 26, 2009
Review of Our Portfolio (Oct. 19, 2009 - Oct. 23, 2009)
We started the week of October 19, 2009 by purchasing 975 shares of Netflix stock at $54.44 a share. This equaled out to a net cost of around $54,140.58. Our fees and commissions for the week totaled out to be around $1,061.58. We have not sold any stocks at the moment. All of our stocks, except Capital One Financial (COF), decreased in value over the week. At weeks end we had lost $934.43 because all of our stocks have decreased in value. We chose which stocks to invest in by choosing, what we thought, were the highest risk/highest reward stocks available. No stock splits or dividends occurred during the week of the 19th.
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Well Andy, to be a good investor you should not always go by what has the highest potential because in most cases they are the most risky. In the future it would be a wise sugestion to choose investments with less risk.
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