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The Misery Portfolio

Discussion in 'Investing and Trading' started by MJ DeMarco, Mar 4, 2009.

  1. MJ DeMarco
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    MJ DeMarco Admin Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    Location:
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    Rep Bank:
    $50,550
    Let's see how we can turn $70,000 into ....

    I created a "Misery Portfolio" with a $10,000 investment in each.

    Citibank (8264 shares / $2.14 Basis)
    Bank of America (2695 shares / $3.71 Basis)
    Las Vegas Sands (4587 shares / $2.18 Basis)
    AIG (22635 shares / $.4418 basis)
    American Airlines (3236 shares / $3.09 Basis)
    Ford (5319 shares / $1.88 basis)
    GM (4673 shares / $2.14 basis)



    March 3rd, 2009
    Total Value: $70,000




    In one month where will this be?
  2. LightHouse
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    LightHouse 170 kph FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    Good question! I'm going to liven the mood up with $100,000 trying to stay optimistic, HAHA.
  3. bflbob
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    bflbob 100 kph FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    $191
    I'm in at $50,400 for a 28% loss!
  4. MJ DeMarco
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    MJ DeMarco Admin Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    $50,550
    My shining star in this is LVS ... I'm betting the value will be $59,221!
  5. bflbob
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    bflbob 100 kph FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    $191

    Sorry....already factored the "good ones" in! :icon_super:
  6. Rawr
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    Rawr 140 kph FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    Rep Bank:
    $708
    FAS TO $100.

    so this to 90k!

    Sorry, I just came back from FAS messageboard. We are all drunk there.
  7. Nathan
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    Nathan 10 kph

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  8. MJ DeMarco
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    MJ DeMarco Admin Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    $50,550
    Value at Close ... 3/4:
    $69,460.51
  9. andviv
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    andviv 210 kph Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    In one month?

    $63,5667.77
  10. kidgas
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    kidgas 20 kph

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    One month, $70,280.
  11. randallg99
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    randallg99 70 kph Speedway Pass

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    I am compiling a wish list and none of these companies are on there.... the big kahuna is whether or not any of them become nationalized at which point that 10k for the stock immediately becomes zip

    my wishlist is getting long but I started buying starter positions today in NLY and DRYS (again and again)
  12. Edge
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    Edge 40 kph FASTLANE INSIDER Speedway Pass

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    Total value in 1 month? I have no idea.

    I do think it is a pretty safe bet that between now and then it will move at least 15% one way or the other. It might move 15% in the next 10 days but come right back to $70k by the time the 30 days is up.

    I'd make money on this basket of stocks by understanding that it will be volatile, instead of trying to pick the direction.
  13. MJ DeMarco
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    MJ DeMarco Admin Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

    Joined:
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    Messages:
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    11,168
    Speed Points:
    1,851
    Gender:
    Male
    Location:
    Phoenix, AZ
    Rep Bank:
    $50,550
    Value at 3/5
    $60,561.42


    See how this experiment shows how money "disappears!"
  14. tchandy
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    tchandy 20 kph Read The Millionaire Fastlane

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    It's bringing back nightmares to when the whole crisis started last year. I saw my account go down, down, down, down, down, down, down, down, and down, etc, etc, etc. :(

    Tom
  15. hakrjak
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    hakrjak 60 kph Read The Millionaire Fastlane Speedway Pass

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    What do you want to bet that one of the next big scandals will be:

    Why people with 401k's have no mechanism for shorting stocks. They aren't even offered any funds that specialize in shorting the market. Everything is so rah-rah optimistic that it didn't even give these poor sheep a chance to move out of the way of the slaughter. People could have gotten rich with their retirements if only they had this choice.

    - Hakrjak
  16. Russ H
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    Russ H 160 kph Read The Millionaire Fastlane Speedway Pass

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    My bet:

    In 30 days, MJ will be able to buy a new Lambo with what he has left (pic below).

    OK, maybe I'm being overly optimistic-- it might not be a Murcielago . . . ;)

    -Russ H.
  17. bflbob
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    bflbob 100 kph FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    Crap! I may have been optimistic at $50,400.
  18. camski
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    camski 30 kph

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    makes you wonder how this would turn out if you shorted all of those stocks instead.
  19. MJ DeMarco
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    MJ DeMarco Admin Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    Rep Bank:
    $50,550
    Value Mar 9, 2009
    $59,191.58
  20. Ron Solo
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    Ron Solo 5 kph

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    almost at the break even point! woo! i really have no idea how this one's gonna turn out. most people will assume down the drain, but hey ya never know right.
  21. MJ DeMarco
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    MJ DeMarco Admin Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

    Joined:
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    Speed Points:
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    Location:
    Phoenix, AZ
    Rep Bank:
    $50,550
    Value: March 12th
    $79,260.69


    The Dog in the Mix? LVS!
    Enki likes this.
  22. kidgas
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    kidgas 20 kph

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    10 trading days under our belts, and it has been a wild ride.
  23. MJ DeMarco
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    MJ DeMarco Admin Staff Member FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    $50,550
    Value March 16th
    $104,163.17


    :eek: (Almost 50% Gains in 10 days!)
    Enki likes this.
  24. LightHouse
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    LightHouse 170 kph FASTLANE INSIDER Read The Millionaire Fastlane Speedway Pass

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    halfway through and my optimism has worked haha! We will see how the second half of this month goes. Are you long or short on the positions? (may have been answered, i'm assuming long)
  25. kwerner
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    kwerner 90 kph Read The Millionaire Fastlane Speedway Pass

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    Sell, Sell, Sell!!!
    Buy them back in a week or whenever it dips again. Got to ride the waves in this market.

    [​IMG]
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