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Jared

Jared's 15% Investment Challenge

November 08

Tough Sell

We're two weeks into this challenge and I'm relatively happy with my investment. LRW is at this point flat for the day, but well above the S&P for the same time period. However, the overhead on the purchase of this stock this month is going to make beating the S&P for the one-month reporting period extremely difficult. To make a successful (net positive) trade of this stock I need to sell above 18.27. At least it's heading in the right direction. The complication of meeting a 15% annualized return means that it needs to be even higher. One of the sell triggers that I'm watching closely is the 30 day moving average. So far the stock has stayed well above it, but if it falls below then this trade may be in trouble.
October 27

LRW #55 @17.55

I finished my analysis of my stock sheets and LRW still has the best potential. The stock recovered from the lower estimates for the 4th quarter and has plenty of room to run. The order was filled at 11:59am this morning at a price of 17.55
October 26

IBD Access Free this Week

I was looking for access to the IBD 100 for the list of stocks and discovered that it is available for free this week.  No registration required.
www.investors.com
This is an excellent resource!

Technical Issues

I've been tracking around 100 top-notch stocks in Excel for about two weeks to help win this challenge, and about a day ago my laptop starting experiencing errors. I can't keep Excel from crashing. Thankfully it's all running well on my backup system at the moment, but it's terribly inconvenient. I'll keep working on it...

Update:  I appear to have the system working again... took me a couple of hours, and I'm seeding it with a large number of quality stocks.

It Begins

The challenge has begun.  I now have $1000 in this account withdrawn from FFFFX at 9.50 a share which Fidelity accurately states is 105.263 shares.  Now the money is sitting in a holding account (FDRXX) earning 4.96% APY.  Obviously that isn't going to beat any of my benchmarks, but it will help hold the value and slightly offset the $19.95 trading fee I'm going to incur on my positions.
 

Stock Quote

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Rule #1: The Simple Strategy for Successful Investing in Only 15Minutes a Week! (Hardcover)
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