Blogs I follow

Friday, January 30, 2015

Off topic - Writing LaTeX in your blog

Just went to this link and learned how to write LaTeX code in a post. Watch this:\[ ax^2+bx+c=0\Leftrightarrow x=\frac{-b\pm\sqrt{b^2-4ac}}{2a}\]

Wednesday, January 14, 2015

Picking the right stocks is important

Today I came across this study and it has some data that confirm what the stock market is for informed traders/investors and for most people who doesn't understand the market and run away from them.

Stock picking

The way I look at the market, is obvious that we must choose profitable companies to invest in.

This is not for all investors, but for me it is how it works. I don't want to own a company that doesn't make a profit at the end of the year.

The study I mentioned above analise the Russel 3000 between 1983 and 2006 shows that, in this period:

  • 2 out of 5 stocks were unprofitable investments;
  • 1 out of 5 stocks lost at least 75% of their value
  • 2 out of 3 stocks underperformed the Russell 3000
  • 1 out of 4 stocks were responsible for all of the market’s gains
This means we have to look at a portfolio and see if our stocks are profitable, with increasing earnings and with good margins. If we do this, I believe we can profit from the market, and grow our wealth in the future.

Tuesday, January 13, 2015

Corticeira Amorim - sell

Yesterday I sold my shares of this company.
I had very luck, since my sell order ended the day before and, when I saw it, the price was more than 5% up my price target. So I sold and this trade turn out to give me a litlle more than 10%, including dividends.
Now I will wait for some retraction in price and buy more, in a few days I hope. :)