For the first time in a long time I logged on
to the Motley Fool website. Guess I don't
change my passwords often enough, because
it only took two tries to get in, ha.
I found a portfolio I created on Jan 30th, 2000--
and if I remember right, it was supposed to be
my real world biotech holdings. I guess there
isn't anything there I wouldn't have known just
by digging through my paper records--but it
was a real treat to see the reminder that I
have done 3x better than if I'd just walked away
on that date and done no trades.
Of course selling stuff last year and getting
stopped out of my etrade account is what really
paid off.
Now with the market up a bit, and my remaining
biotechs even up a few percent for the year,
I am tempted to close down my remaining brokerage
account--a completely useless Edwardjones account
(high commissions, so I don't do a damn thing
in it). I may do nothing, let what little I have
left in biotechs just ride--but the temptation
to do something has been increasing.
Commodities?
I marked down 3 September soybeans a few weeks
ago at $5.55--and last time I checked that was
in the money. Ha!
Oh, here is what I had at that time, over three
years ago:
ARIA, ASTM, GENXY, GLIA, GZMO, KDUS, SNAP, TGEN,
VLTS and something like 25% cash.
In the real world, cash increased gradually through
last summer, to around 85% or so--so that explains
the better performance. |
