Friday, January 25, 2008

A few good calls it seems

I hadn't expected my stocks to go up any time soon, but rather expected them to flat-line a bit longer. Yesterday the market reacted quite opposite to the last few weeks and generally rose quite a bit. This affected my portfolio as well so that my GM stocks are up 8.19% from when i bought them, Starbucks is up 6.07% and my gold iShares have just passed the price i bought them at resulting in a 0.66% increase.

Naturally this is not a profit until the stocks are sold, but what it does mean that my total equity has passed the "magic" $2500 limit at Zecco, giving me access to free trades again :) Hopefully this will last a while as it would impact my tiny profits quite a bit if I had to pay $4.50 in commission.

This recent spike in prices might just be a fluke, but I'm going to take the opportunity to invest in some realty iShares i think.

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