SML4: Not So Fast, My Friend...
This week, I suppose, represents what stock people euphemistically refer to as a 'market correction'. Four of my five stocks are down from last week:
Aetna: -0.90 to 82.16
Barnes & Noble: -1.28 to 37.58
Motorola: +0.34 to 18.55
Safeway: -0.11 to 23.22
Lockheed Martin: -1.15 to 64.66
Naturally, I was not pleased by this news. Who would have guessed that my one and only tech stock would be the only one to go up every week? Even with these losses, though, I'm still a little ahead of where I started.
Aetna: +2.41 (+3.02%)
Barnes & Noble: -0.61 (-1.60%)
Motorola: +0.81 (+4.57%)
Safeway: +0.70 (+3.11%)
Lockheed Martin: -1.55 (-2.38%)
Overall Value: $101,323.46 (+1.33)
S&P 500 Index: 1191.57 (-0.37%)
So, despite this week's setback, the end result is that I've managed to stay ahead overall, even though the market has dipped slightly. I suppose I can't complain about that.
Aetna: -0.90 to 82.16
Barnes & Noble: -1.28 to 37.58
Motorola: +0.34 to 18.55
Safeway: -0.11 to 23.22
Lockheed Martin: -1.15 to 64.66
Naturally, I was not pleased by this news. Who would have guessed that my one and only tech stock would be the only one to go up every week? Even with these losses, though, I'm still a little ahead of where I started.
Aetna: +2.41 (+3.02%)
Barnes & Noble: -0.61 (-1.60%)
Motorola: +0.81 (+4.57%)
Safeway: +0.70 (+3.11%)
Lockheed Martin: -1.55 (-2.38%)
Overall Value: $101,323.46 (+1.33)
S&P 500 Index: 1191.57 (-0.37%)
So, despite this week's setback, the end result is that I've managed to stay ahead overall, even though the market has dipped slightly. I suppose I can't complain about that.
2 Comments:
With a 1% gain, you'd be better off in the low risk mutual fund market. That usually warns around 3%, I believe. I have faith that your stocks with take a huge upswing in the coming weeks! 12% gains all around!
By dilliwag, At June 27, 2005 3:00 PM
Your faith is greatly appreciated. I hope it helps. And if not, well, it's not really my money in the first place, is it?
By Michael, At June 27, 2005 5:41 PM
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