The purpose of this blog is to track 20 common stocks for a full year. The idea is to beat the S & P 500 like a mutual fund without the very high churn rate. These stocks will be held in a portfolio until next December 31.

Tuesday, January 31, 2012

Buy List for Jan

Our Buy List ended the month up 5.21%.
Our next milestone will be option expiration for Feb.

Oh yes,  Facebook is going to file for an IPO tomorrow.
Don't get caught in the hype.  Next year at this time will be an excellent buy opportunity for Facebook.
It is my guess that you will be able to buy twice as many shares next year for the same money as at the close of the IPO date. Again, that is my guess.