Investment tracking

I wanted to start a thread tracking my investments as posted in the "sell! sell! sell!" thread. I am leaving out some posts before 01/28/09 because I made a series of purchases that didn't include share amounts or share price.

I will continue to update it as I buy or sell. Comments are more than welcome, even criticisms. I have found comments more than helpful since I am relatively new to this.

One of the hardest things I've found is determining when to sell. If you have some suggestions please chime in.

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</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39853" sdnum="1033;0;MM/DD/YY" align="right" height="17">02/09/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">FAZ</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">Direxion Financial Bear 3x</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="90" sdnum="1033;0;#,##0" align="right">90</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="41.06" sdnum="1033;0;#,##0.00" align="right">41.06</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="3702.4" sdnum="1033;0;#,##0.00" align="right">3,702.40</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39857" sdnum="1033;0;MM/DD/YY" align="right" height="17">02/13/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">FAZ</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">Direxion Financial Bear 3x</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="165" sdnum="1033;0;#,##0" align="right">165</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="47.18" sdnum="1033;0;#,##0.00" align="right">47.18</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="7785.7" sdnum="1033;0;#,##0.00" align="right">7,785.70</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="906.82" sdnum="1033;0;#,##0.00" align="right">906.82</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39863" sdnum="1033;0;MM/DD/YY" align="right" height="17">02/19/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">FAZ</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">Direxion Financial Bear 3x</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="800" sdnum="1033;0;#,##0" align="right">800</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="64" sdnum="1033;0;#,##0.00" align="right">64.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="51200" sdnum="1033;0;#,##0.00" align="right">51,200.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39864" sdnum="1033;0;MM/DD/YY" align="right" height="17">02/20/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">FAZ</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">Direxion Financial Bear 3x</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="800" sdnum="1033;0;#,##0" align="right">800</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="75.62" sdnum="1033;0;#,##0.00" align="right">75.62</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="60496" sdnum="1033;0;#,##0.00" align="right">60,496.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="9296" sdnum="1033;0;#,##0.00" align="right">9,296.00</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39870" sdnum="1033;0;MM/DD/YY" align="right" height="18">02/26/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">DGP</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">PowerShares Gold Bull 2X</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="200" sdnum="1033;0;#,##0" align="right">200</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="20.95" sdnum="1033;0;#,##0.00" align="right">20.95</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="4190" sdnum="1033;0;#,##0.00" align="right">4,190.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39871" sdnum="1033;0;MM/DD/YY" align="right" height="18">02/27/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">DTO</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">PowerShares Crude Short 2X</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="100" sdnum="1033;0;#,##0" align="right">100</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="195.61" sdnum="1033;0;#,##0.00" align="right">195.61</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="19561" sdnum="1033;0;#,##0.00" align="right">19,561.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39875" sdnum="1033;0;MM/DD/YY" align="right" height="17">03/03/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">FAS</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">Direxion Financial Bull 3x</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="5000" sdnum="1033;0;#,##0" align="right">5,000</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="3.89" sdnum="1033;0;#,##0.00" align="right">3.89</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="19450" sdnum="1033;0;#,##0.00" align="right">19,450.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39875" sdnum="1033;0;MM/DD/YY" align="right" height="17">03/03/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">FAS</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">Direxion Financial Bull 3x</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="5000" sdnum="1033;0;#,##0" align="right">5,000</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="3.72" sdnum="1033;0;#,##0.00" align="right">3.72</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="18600" sdnum="1033;0;#,##0.00" align="right">18,600.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="-850" sdnum="1033;0;#,##0.00" align="right">-850.00</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39875" sdnum="1033;0;MM/DD/YY" align="right" height="18">03/03/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">DTO</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">PowerShares Crude Short 2X</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="100" sdnum="1033;0;#,##0" align="right">100</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="225" sdnum="1033;0;#,##0.00" align="right">225.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="22500" sdnum="1033;0;#,##0.00" align="right">22,500.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="2939" sdnum="1033;0;#,##0.00" align="right">2,939.00</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39876" sdnum="1033;0;MM/DD/YY" align="right" height="17">03/04/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">FAS</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">Direxion Financial Bull 3x</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="5000" sdnum="1033;0;#,##0" align="right">5,000</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="3.9" sdnum="1033;0;#,##0.00" align="right">3.90</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="19500" sdnum="1033;0;#,##0.00" align="right">19,500.00</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> <tr> <td style="border: 1px solid rgb(0, 0, 0);" sdval="39877" sdnum="1033;0;MM/DD/YY" align="right" height="18">03/05/09</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">DTO</td> <td style="border: 1px solid rgb(0, 0, 0);" align="left">PowerShares Crude Short 2X</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="120" sdnum="1033;0;#,##0" align="right">120</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="195.81" sdnum="1033;0;#,##0.00" align="right">195.81</td> <td style="border: 1px solid rgb(0, 0, 0);" sdval="23497.2" sdnum="1033;0;#,##0.00" align="right">23,497.20</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> <td style="border: 1px solid rgb(0, 0, 0);" sdnum="1033;0;#,##0.00" align="left">
</td> </tr> </tbody> </table>

Principles of investing

I wanted to list out the principles I use for investing early in this thread so I could refer to them later.

1.) Invest in a sector that is going one way
Go with the flow. Invest in a sector that is either consistently doing well or consistently doing poorly. You have economic influences that give your investment a better chance of gaining you money. One word of caution is to look out for when a sector may have bottomed out.

Here are 3 sectors that I've been investing in or are looking at and the direction I think they are going:

• Oil (down)

I believe oil is in a depressed trend due to the economy. One of the best indicators to look at in terms of oil continuing to be depressed is the GDP numbers.

• Financials (down)

Some say financials have bottomed out. I say they will continue to do poorly. As the price of financial stocks go down the less they have an effect on the percentage of the financial sector.

• Gold (up)

I believe due to the US government bailing out companies that the value of gold will go up because the more the government prints money the more the dollar will devalue.

• Real Estate (down)

I haven't been able to get a good price on real estate bear stocks. I've been looking at SRS which is a real estate bear but there have been interventions that cause the price to go up. I'll continue to look at this sector.

2.) Invest in a sector that has intervention causing prices to be reset
If a sector went straight down it wouldn't be as profitable to buy a bear stock and make money on it. The price of the bear stock would just stay high. But when there is intervention it causes the price of the bear stock to drop which gives additional investing opportunities.

An example of this would be the bailout of the Financial sector. Another example of this would be OPEC cutting production causing the price of oil to go up.

3.) Invest in a sector that has wide swings
This kind of ties in with 1 & 2. When you have a sector going one way and intervention to cause it to reverse you can get the swings. The reason I look at this is because you can get a higher percentage of profit if your investment goes the way you want it to. Keep in mind that the reverse is true also that you can get higher loss. That is why setting stops is so important in order to limit your loss.

World Number One said:

what is the tax rate for such short term trades ? 35 % ?

Click to expand...

From wikipedia:

Short-term capital gains are taxed at the investor's ordinary income tax rate, and are defined as investments held for a year or less before being sold. Long-term capital gains, which apply to assets held for more than one year, are taxed at a lower rate than short-term gains. In 2003, this rate was reduced to 15%, and to 5% for individuals in the lowest two income tax brackets. These reduced tax rates were passed with a sunset provision and are effective through 2011; if they are not extended before that time, they will expire and revert to the rates in effect before 2003, which were generally 20%. The reduced 15% tax rate on eligible dividends and capital gains, previously scheduled to expire in 2008, was extended through 2010 as a result of the Tax Reconciliation Act signed into law by President George W. Bush on May 17, 2006. As a result:

• In 2008, 2009, and 2010, the tax rate on eligible dividends and long term capital gains is 0% for those in the 10% and 15% income tax brackets.

• After 2010, dividends will be taxed at the taxpayer's ordinary income tax rate, regardless of his or her tax bracket.

• After 2010, the long-term capital gains tax rate will be 20% (10% for taxpayers in the 15% tax bracket).

• After 2010, the qualified five-year 18% capital gains rate (8% for taxpayers in the 15% tax bracket) will be reinstated.

I just went in and resized the fonts that were displaying in 1pt size, thus the notes of "Edited by Barman"

You forgot one.

barman said:

I just went in and resized the fonts that were displaying in 1pt size, thus the notes of "Edited by Barman"

Click to expand...

Thanks barman.

holy cow

Yep...the first post by QL jacked up the rest of this page

Investment plans for Monday

FAS-
I'm going to put this bitch on a pretty short leash on Monday. I'll be getting up at 5am (8am Eastern) when the pre-market opens to see if there is any degradation in price. I'm going to sell if I see any sort of selloff in the market and will put a buy price somewhere lower than the current price (2.77). Futures are pretty flat as of now so it's pretty hard to know how things will go early.

I'll re-address things around 9:30 Eastern when the market opens to see if there is any upside activity.

DTO-
Oil had gone up to 46.66 but has now settled down to 46.43 which means my current price of 195.81 will be higher than market. I will play this the same was as FAS. If things get too low I'll sell and put a buy in for another price.

DGP-
Gold is pretty flat right now so I don't suspect I'll be doing much with this stock unless something radical happens.

how about a job

where you wake up at (8:00 am cst) 30 minutes before the big board opens, make one trade and be finished for the day in an hour or less?

SSI