Tuesday, October 27, 2009
Review of Portfolio
This last week we bought 100 shares of Radio Shack because the price was down, but showed signs of increasing in the future. We looked at what it did from the last five days and we think it will go up. A hard decision we had to make was wheather to sell our sony stock or not. We bought it the first day and found that it was not gaining anything for us because it is more of a long-term stock and in ten weeks we would be lucky to break even. We sold it and lost about $250 which we thought was not too bad.
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What was the total cost of the purchases? How much did you pay in commissions for the purchases of Radio Shack? How much money did you make on the sale of Sony? Commission on the sale of sony?
ReplyDeleteYou need to include this information in your review of your portfolio