black friday

I felt my thanksgiving day post was rather not satisfying. So I owe it to my vast readership (lol) to talk about something more fulfilling. Anyways, I have been having fun paper trading quite a bit recently. So lets talk about some stocks I am currently paper trading:

Bzh

Wern

Zoll

Vicl

So yeah, what’s significant about those 4 stocks? Absolutely nothing! Which is why those stocks were chosen. I did choose them because they were low in price and through analysis of historical performance they have a potential for a bullish run. But yeah, we won’t think about the latter half of what I just stated, that would make too much sense. So yeah, lets keep those picks in mind as we head on into the holiday months.

Okay so now that I got my weekly picks out of the way. Let’s talk about the market a little. Well, today’s black Friday, and so far it’s looking pretty good for the retail industry as usual. (just like last year) All eyes seem to always look at the retail sector during black Friday which makes sense. Because of this over all the market is having a nice rally today as it seems. But I am still rather skeptical about a more long-term rally as we enter the holiday months ahead. But only time will tell, hopefully I’m wrong of course. Well, I think I got my feet wet enough with this post. It’s a good solid second post I’d say. I’ll tip my legs in the water next time.

Thanksgiving

So I created a couple of portfolios simulating actual equities being traded… Since I keep hearing all this talk about Jim Cramer and how popular he is on Mad Money. I plan to document his performance. (I realize many people are already doing this, and some University students have researched his stock pickings from Mad Money. The results were an investor would have lost money if they were to purchase the equities he suggested, and sold those equities when he suggested it.) But sometimes documenting your own results of someone else’s positions help you learn about the market and trading conditions. Which is why I encourage every novice investor to try it. Doesn’t have to be Jim Cramer’s portfolio, it could be anyone’s portfolio, I recommend someone with a good track record though.

Okay, enough talking about other people’s positions, you are probably wondering where my positions are, and why I chose them. Well let me first begin… My current positions are not in the equities market. (shock!) I currently have most of my money tied in a private hedge fund called Legisi. (shock again!) Yes, that’s right, I believe every young investor which would includes me, needs to have some positions in a higher risk market. (more on this later) Although, I said that young people need to take risks, I myself might have chosen a bad risk with Legisi. As of currently Legisi is in some turmoil, and my positions in it are in limbo. Now am I distraught over such havoc? Not at all. This is because I (and you should to) take different investing approaches on each investment. It's called risk assessment. I believe for what Legisi had to offfer it was well worth the risk, despite it being in turmoil now. So now you know a little bit more of my style of investing, and also where I stand as far as positions go. Well, I feel this is good enough for a first post, a little about me and where this blog is headed.

About

There are millions of financial blogs out there today. That being said, there are millions of bloggers that talk about stocks and their positions in the market daily. This blog that you are reading, today, will not only focus on just those topics, but will also focus on life financial decisions (personal finances) and venture capitalism.

So like most of those millions of financial blogs out there today, this blog will be just as credible as the next one in a sense, it’s only a matter of opinion. With all that said, I will let you as a reader be the judge of taking or leave it on whatever the subject matter is. Lastly, know matter if you agree or disagree with me on any stance or notion, I am just thankful you are reading my blog.