I started the day yesterday with exactly 30 177.96$ and by the end of it, my portfolio grew to 32 442.52$! The TSX grew by 2.66% and I grew by 10.25%

Locking-in my TLC and CMT

On the first day I entered the stock market, November 21st, 2008, I bought 2 000 shares of TLC which at one time dipped to 13 cents a share, I have now sold them at 46 cents a share for a net return of 20% over five months. When things go bad, sometimes it’s good to just hang-on till they recover.

I also sold 1 100 shares of CMT for 1.21$ a share, a net profit of 30% over the course of 28 days

Buying six new companies

I decided to buy

• 1 000 shares of General Motors (GM) at 1.69$/share
• 6 000 shares of MGM Energy Corp (MGX) at 17 cents a share
• 3 000 shares of Sirus XM Radio (SIRI) at 51 cents a share
• 5 000 shares of Freegold Ventures Ltd. (ITF) for 19 cents a share
• 10 000 shares of Adanac Molybdenum (AUA) for 9 cents a share
• 2 000 shares of Eastern Platinum Ltd. (ELR) at 61 cents a share

Future Goals

I started investing in the stock market with exactly 15 720$ and over the course of a little over five months, I made 107% returns on that cash. I now plan on reaching 50 000$ over the course of the rest of the year, so I got 6 months of hard work ahead of me to get 18 000$ in profits.

This entry was posted on Thursday, May 7th, 2009 at 3:58 am and is filed under Stocks Bought, Stocks Sold. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.