Recession or Depression? That is the question March 31, 2009
Posted by deminvest in investment, investment strategies.add a comment
If it is a Depression, I am losising money by continuing to invest in stocks like I did yesterday. If it is a Recession, I’ll make lots of money, by buying good stocks at bargain prices, like I did yesterday.
Of course I don’t have “The answer” to “The Question”… but this graph makes me quite otimistic:
whether 'tis smarter in the wallet to suffer
My boring March investment: I loaded 80 more Ebay shares for $994.4 March 30, 2009
Posted by deminvest in Defensive Stock, ebay, growth stock, low cost.Tags: Blackberry, Iphone, Paypal, skype, VOIP
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I wrote so much about Ebay, that I don’t have more to say. What may be interesting is today’s P/E around 8 and the fact that, from Thursday on, Skype will work on Iphones, Blackberries and Android.
Paypal and Skype are reinforcing their leadership in the fields of online payments and VOIP.
That why today I spent $994.4 to buy 80 more Ebay shares at a price of $ 12.43 each
I can’t wait to see people using their Iphones to hookup on a wifi network and fool those mobile phone companies to call for free on skype!
I may even want to buy an Iphone to call for free on skype and, after each call, use the money I save to drink a good beer paid by hated Telcoms!
I hated it, but I had to sell Genetech (DNA) to Roche March 27, 2009
Posted by deminvest in DNA Genetech, Nasdaq stock, growth stock, nasdaq, stocks.1 comment so far
I hate when a company that I like and that hasn’t given me my well deserved 40% gain is bought by some bigger fish.
This is what happened to my 12 DNA shares I had bought at $81 each in April 2007.
From various experiences, I realized that, when there is some company buying shares I own, it is better to sell them on the market before the sell out actually happens.
Cnooc (CEO) looks like an interesting Chinese stock for March March 20, 2009
Posted by deminvest in investment.Tags: CEO, Cnooc
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CEO CNOOC is an oil company. It is very healthy, has plenty of cash is growing revenues 60% yoy and earnings 89% yoy.
It is is reasonably priced 7.2 times its current earning and 8.7 times its future expected earnigs, although now gas prices are government controlled. That could cut future earnings. CEO Gives out 2% yielding dividends.
Also, I will carefully look at:
China Petroleum & Chemical Corp. (SNP)
Sinopec Shanghai Petrochemical Co. Ltd. (SHI)
A little bit late, but with all my courage, yesterday I placed my February buy order on Procter & Gamble (PG) March 20, 2009
Posted by deminvest in Defensive Stock, PG, Procter & Gamble, Single stocks, investment, risky investments, stock I own, stocks, stocks that pay high dividends.Tags: buy, consumere goods, economy, stocks
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Yesterday I bought 22 PG shares at $ 46.79 each, spending a total amount of $ 1029.38. It is a risky time to buy stocks, but I go on with my strategy.
As I wrote Procter and Gamble offers good dividends and its products are simply what the World buys every week in Supermarkets.
Let’s hope this crisis ends soon. I’m betting that:
- P&G won’t fall much further, even if this crisis goes on
- PG shares will skyrocket as the economy restarts its growing
