Thursday, June 19, 2014

Trash



Went back to trading a few weeks ago, but my portfolio is bloody red. The only green stock is an odd lot from BDO's dividends. I sold most of them at profit because BDO's price is nearing its fair value. Will buy back if it becomes cheap again. The 13% "loss" is an odd lot from Metrobank, also sold at profit. The stock market is boring. I lost a lot (relatively, at a time when I was young and broke) a few years ago when I speculated on what was clearly a manipulated stock. I promised myself not to buy another basura (trash) stock like Calata, but I'm still hardheaded. See that 16% loss up there? It's from another basura.

I don't know if this is a stupid thing to do, but I think I'll continue to buy trash as long as I don't put my eggs in one basket. My eggs look OK so far LOLz:


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