The urge to inject new ideas using the portfolio I’ve posted on for about a year and a half goes against my desire to remain true to the game, so what I decided to do is start a new one with a much larger pile of money to start with. With this one I’ll be focusing on many different areas of the global economy, while unlike fantasy portfolio A, it will be very diverse and chock-full of small cap stocks. My first four picks are (opening price Tuesday):
- NTES – Netease (China) – 3750 shares – $20.44 ($76,650)
- SCMR – Sycamore Networks Inc – 3000 shares – $3.95 ($11,850)
- USG – USG Corp – 200 shares – $54.13 ($10,826)
- RIV – Riviera Holdings Corp – 600 shares – $21.05 ($12,630)
Invested $111,956 – Banked $889,044 – More to come…
Update – Decided to get smart about posting this info, rather than typing it all out…I made more buys based on last night’s closing price and some more today. Had a tough time getting the graphic to a readable size:
Posted by Al Swearengen in Economics