Apple and Google Investments – Two Weeks Later
My apologies for not posting anything political. The attack in Mumbai was shameful, and although I feel sorry for the victims of the attack, I don’t have much to add that you couldn’t find at other news sources.
Today I checked the progress of my two investments, Apple and Google.
Now, had I had a lot more money, I could have invested a lot more into both of these companies. But, because I am dirt poor, I have to settle for almost zero stock in both of them.
Here are what I bought my stocks for and how many:
3 Google @ $262.22
2 Apple @ $81.97
Total amount invested then is $950.60.
When I checked today, both my Google and Apple stocks have gone up a moderate amount. Here’s what they look like now.
Google: $283.99
Apple: $94.00
The total amount in my account right now is $1039.97. Which means I have profited 89.37 in two weeks. Not bad considering I came into this with very little money. Percentage-wise I’ve gained 8.6% from what I’ve invested so far. I don’t know if that is any good, but I like how things have been turning out considering the slumping economy and all.
I am going to continue to monitor my progress on a daily basis. That way my graph will look a whole lot better. I’ll be able to see the ups and downs, as well as how I could have done better. I’m also interested in looking at trends between these stocks and how the Dow Jones Industrial Average performs as a whole. So far I’ve noticed that my stocks go up when the Dow Jones closes positively, and my stocks decline a bit when it closes negatively. We’ll see how that continues however.
As it stands right now, I have optimally allocated my money into these companies. Google has gone up more, and since I cannot afford anymore Google stock, then no other configuration of stocks would have given me as much of a profit. Of course, there are probably better investments out there on the market, but I’ve decided to give the tech industry a shot.
I’m also interested in figuring out when I should bail out my money and try other opportunities. I would love to see Google rebound back to 700-800 dollars a share, and I have similar hopes for Apple. But is that realistic? Will they ever bounce that high again? Will Obama’s inauguration boost investor confidence and send my stocks skyrocketing? We’ll see.
If you know of any other companies worth looking into for investment, let me know. I’m quite interested in short-term investments.
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frank Said,
December 8, 2008 @ 6:45 am
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The Frugal Libertarian Said,
December 8, 2008 @ 2:19 pm
Buying individual stocks is nothing more than gambling, You would probably do just as well at a casino and have more fun. I would stick to mutual funds for investing. I also think we are only in the beginning of the downturn. The economy is going to get worst, I would get out of stocks now if you see it as a short term investment (less than 10 years).
what does google stand for | Digg hot tags Said,
December 9, 2008 @ 1:44 pm
[...] Vote Apple and Google Investments – Two Weeks Later [...]
Apple and Google Investments - Dec 7 to Dec 19 | Youth Politics Said,
December 21, 2008 @ 12:29 am
[...] I felt it was time to put up an update on how my stocks have been doing. For my earlier update check out Apple and Google Investments – 2 Weeks Later. [...]