Investing
New as of November 12, 2006, my analysis of spam-advertised stock picks: Stock Spam: Any Hidden Gems?
PayTrading
I did a spreadsheet analysis of all the historical picks. You can read the critical analysis, download the corresponding OpenOffice Calc or Excel spreadsheets, and leave comments here: A Critical Look at PayTrading
General Electric: I own GE stock directly and have been contributing a monthly amount into it via a Dividend Reinvestment Program (DRIP). It is basically a way to buy stocks (or increments of stocks) commission free. You also get the benefits of Dollar-Cost Averaging. I like GE because they are a stable company with a steadily increasing dividend.
US Wind Farming: Stay away from this one! Read the next sentence to understand how I feel… Update: August 19th, 2005: After reading the SEC litigation against US Wind Farming I decided to liquidate my shares and retain at least a small portion of its value. I have absolutely no faith in USWF.PK recovering anytime soon. If anyone is considering a lawsuit against Mr. Telander et al. please let me know because I want in!
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Dollar-Cost Averaging Links:
Dollar-cost averaging offers big sums with small investments
The costly myth of dollar-cost averaging
A Technique that Drastically Reduces Market Risk
Google Search: Dollar-Cost Averaging
Dividend Reinvestment Program Links:
DRIP.net
DRIP Central
Google Search: drip investing
Mutual Funds:
FundAlarm - A free site that provides guidance for whether a mutual fund is safe or has underperformed historically.
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Commentary on: investment strategy
March 9th, 2005 02:08
Sure, just after I sell KKD it decides to go way up. I would have made $1200 had I held on for an extra week!
August 12th, 2005 11:04
I see you are also a holder of uswf.pk so am i.
Things are looking very bad at moment with what looks like the company was a shell and tealner was shipping off unregistered shares.
I loved the idea of this company and it looks like it could be on the verge of diseapering.
Just wondering what your view on the company and if you think there is a future.
People are still buying the shares (3,500,000 million shares yesterday) which leaves me thinking is there actualy a future or do these people not know whats going on??
look forward to your responce
and maybe expand on a few more pints
Stephen
August 13th, 2005 10:01
Stephen,
I too had very good prospects for US Wind Farming. However, as soon as I read this: http://sec.gov/litigation/litreleases/lr19311.htm, I knew that it will not be much longer before US Wind Farming goes under. Therefore, I sold all of my shares a few days a go for a huge loss, but at least I was able to get some money back. I’d hate to have waited hoping for it to rise, only to drop further. I would reinvest in the company if Mr. Telander leaves and financial statements are filed with the SEC.
In regards to the 3,500,000 shares traded, at its current (slightly elevated price of 0.01) that is only $35,000, not good for a company that claims to have millions of dollars worth of contracts.
Good luck!
Scott
January 14th, 2007 18:30
I came to this site to download for your “OpenOffice spreadsheet that I’ve made that makes it very easy to keep track of your GorillaTrades portfolio. It is supposed to be near the bottom of the website “http://www.illiteratewithdrawal.com/stock-market/”. I cannot locate it.
January 14th, 2007 18:50
It’s located here: http://www.illiteratewithdrawal.com/stock-market/gorillatrades/
Good luck with the investing!
September 23rd, 2007 12:05
USWF sucked! I wrote about it as my worst investment ever:
http://bigwinner.org/2007/09/23/uswfpk-more-like-uswffu/