Monday, March 23, 2009

A little bit of money made in a rather sh*&^y market

Just checked my investments and saw the first glimmer of hope today. Seeing as I am 26, I like most people should be taking large risks so that lead me to invest like almost everyone else in stocks. Just like everyone else these stocks have been KILLED over the last year, however, one trusty one has stayed by my side, DBA has treated me very well, all things considered.

So a couple of days ago I had some cash that was left over from the old'en days (Had to brush it off) that I hadn't dare to invest. Finally, the other day I saw that whereas my stocks had tanked, DBA had only fallen about 8%. So I decided to put that money to work, and I am happy to report I made my first short term win, enough so that I even got my pre-june last year investment back...
Anyway just felt like bragging here is to 2009 being better than 2008!




LONG INVESTMENTS

SHARES

COST/
SHARE

ORIG. COST

WS ADJ

CLOSING
PRICE

CLOSING
MKT. VALUE

SHORT TERM
GAIN/LOSS

LONG TERM
GAIN/LOSS
%

CHANGE

POWERSHARES DB AGRICULTURE (DBA)

14

24.98

349.72
 
25.01

350.14

0.42
 
0.12