Tuesday, April 24, 2018

I am still making my selections

On the last Tuesday of last month, I wrote about my humble understanding of investing.  The last Tuesday of this month, I will write to my non-existent readers on my investing journey since last month.

I have been procrastinating.  Well, not exactly.  I have been searching for a sustainable source of cash flow that will not kill me.  I have also been taking it easy to prepare myself for this sustainable source of cash flow that will require my undivided attention while I am there.

With the assumption that the sustainable cash flow is sustainable and cause low-impact and low-intensity on my brain muscles, I should have sufficient energy and time to concentrate on investing which, at times, can put high-impact and high-intensity on my brain muscles.  I will devote some of my free time to make my final investing selections which is like studying for an exam with close to no guidance.

This morning, I have been thinking about how to spend some US money just shy of one thousand dollars.  I have been pondering about this for a few days now.  Should I deposit it into my bank account and convert it into Canadian dollars? Or should I just go to the financial market and buy in to some US company? Or should I cross the border and just go on a shopping spree?  For now, I am holding this liquid money.  Ready to get rid of it like a hot potato.

This morning, I decided to pull out my Guide to Investing in Stocks which I have purchased in two thousand and twelve.  At the end of the Guide was a compilation of Stocks selected by the experts who have written this Guide in two thousand and twelve.  With my outdated pre-selected list in hand, I looked up these companies in today's market!  The companies that interested me were all doing very well, except maybe for one.  Looking at the price per share alone served as a reminder that companies can really grow in six years.  The company that is not faring well may actually have done very well in the past and is getting ready to close up shop and may simply be distributing its final assets and etc.

I will share with you a brief summary of my findings on price per share alone.  The following were the percentage change in price per share of the companies I looked on a specific date in two thousand and twelve and today: 108.02%, 338.25%, 8.35%, (82.26)%.*

As you can see, the percentage changes were quite dramatic for three our of the four stocks I reviewed.  The more analysis I completed the more confused I became.  That is why I am having a difficult time making my final selections.  I will have to consult with my trusted advisor so a sound selection will be made in the end.  Wish us luck!  Thanks!



*Note:  It took me a long time to calculate, review, revise and confirm these percentages so they are absolutely accurate and correct (unless if the source information is WRONG then I did all my calculations with the wrong price per share)!


No comments:

Post a Comment