Awhile ago I started a swing trade with Potash Corporation of Saskatchewan. I used $600 to purchase about $2,000 worth of POT shares using leverage. Unfortunately some time after my purchase, Russia’s Uralkali got out of the potash cartel which sent the price of potash lower, which of course meant all potash producers around the world had their profits… Read More »
Earlier this year I explained how to profit from the growing world of smartphone and tablet devices by using the mobile trinity strategy 😀 I didn’t have enough money at the time to complete the trinity and only had 2 out of 3 parts. Well I finally saved enough and earlier this week I bought 30 shares of Qualcomm… Read More »
Last Friday Google Inc surprised the world with its latest financial numbers and their shares jumped by more than 13%, Heyo!（⌒▽⌒）The company’s market capitalization grew by about $40,000,000,000 in a single day 😀 Each share of Google is now over $1,000 for the first time ever. I believe Google is a terrific long term investment. Sure, it doesn’t… Read More »
Apple recently revealed their new iPhone 5s and iPhone 5c. Some folks are saying the “s” stands for Same and the “c” stands for Cheap, 😆 But joking aside I think the mobile market will be one of the best places to make money in the future for those who invest today. Step 1: Research This is when… Read More »
Earlier in the Spring I blogged about how undervalued commodity stocks were and hinted that it could be one of the best trading opportunities of the year 🙂 So I explained how I invested $2,000 into some stocks and plan to sell when I can make at least $1,000 in profit. Well earlier today I sold all those… Read More »
The popular Robert Frost poem is a great reminder that financial rallies cannot be sustained indefinitely, especially in the resource sector. About a year ago the price for one ounce of gold was about $1,800. Today that same piece is only worth about $1,300. As a result the world’s largest gold company, Barrick Gold Corp, lost half of… Read More »