Apple took a minor hit Tuesday and I almost got back into it having made 20% on it. Well I didn’t and today after the market closed they posted record 3rd quarter profits and in after hours trading they are at new 52 week highs. Arrgghh!!
Oh well, I still have some shares of Apple and I will benefit on those, which will push me past another 20% gain on those holdings. That is what I get for not pulling the trigger on it.
Off to find another winner though!
Daily, ira, Stocks
Kiplinger has a post about earning a guaranteed 18%. While great linkbait, it is also a tad misleading. The post says that by paying down your credit cards you can earn 18% by not paying interest. Well, to me that is saving 18%, not earning it.
They also go on to say:
And if you’re itching to put $1,000 into stocks, think of it this way: The interest you’d pay on that balance would almost certainly cancel out the return you’d make on $1,000 invested in the market in a year.
Hmm, well I suppose that might be true if you don’t pick good stocks. I managed 20% in under eight weeks on two stocks, Apple and National-Oilwell Varco in a mere 38 days.
That isn’t to say that paying down or paying off your credit cards isn’t a bad of course.
finance, Personal Finance, stock market
Just over a week ago I sold my first holding of Apple with a 20% gain, and now my second holding is almost at 20% as well sitting at 18.92%. Even though I generally sell at a 20% increase I might hold on to this one for possible long term gain.
Right now Apple is the top rated stock in its category (Computer-Manufacturers) on Investors.com ahead of Hewlett-Packard and Dell who are second and third. With that in mind and Apple’s fast moving price leads me to want to hold on to it while I’m looking for other opportunities.
apple, ira, stock market, Stocks
As I said in my previous post, if my Apple holding is up 20% I was going to sell. Today was a good day because I it closed just a bit over that 20% mark. I only sold the half that was up 20%, the other half of the stock is up 13.94%.
That is back to back stock picks that hit 20% in under 8 weeks. Sure makes up for my poor second quarter performance!
Stocks
The stock market had a really nice rally yesterday with the DJIA up a couple hundred points. This rally really helped moved my 3 stocks up as well.
I have two different holdings of Apple (AAPL), half of which are just over 18% up and I’m going to cash in at 20%. The other half of the holdings are at 11.86% and I’ll probably hold on to for a little longer.
Last week after selling NOV, I bought two stocks, Research In Motion Limited (RIMM) and Garmin Ltd. (GRMN) in two different accounts. These stocks are rated one and two in their sector according to Investor Business Daily. My RIMM holding is up 2.55% in 4 days and GRMN is up 5.78% in 4 days.
apple, ira, stock market, Stocks
Today i sold my shares of National-Oilwell Varco (NOV) and locked in a 20% gain in 38 days. Normally if a stock goes 20% in under 8 weeks I’ll hold on to it for a bigger gain. However this one has been bouncing around a little too much for me and I decided to put in a limit order for selling it right at the 20% mark. Naturally as I write this is it at the 21% mark, but oh well no biggie.
Apple is another stock that has been bouncing around just a bit too much. Right now I have it up just over 15%. I might give it the full 8 weeks to make 20%, but I haven’t decided yet.
investing, ira, stock market, Stocks
What more can you ask for than some nice fat steaks cooked on the grill for July 4th? Well that is exactly what we did, combined with some nice fresh corn all cooked on the grill.
First step of course is to fire up the grill… Gotta love self starting charcoal!
Then of course you have to put the goodies on the grill. Here I have the corn and the steaks on the grill, before the first turning of the steaks…
Here is the corn and the steaks before I turned the steaks. You can see the rub on them…
A close up of the steaks… Oh yea that rub is nice and seared!
My wife made up a wonderful garlic-butter mixture with some fresh chives, that was wonderful on the corn. Unfortunately I don’t think we got good corn, cause they didn’t quite taste right. Oh well, the butter was awesome!
Now that is fine dining!
cooking, Dining, grilling, july 4th
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