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Old 03-10-2007, 06:50 PM   #1
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Default bought some stocks

my IRA finally has enough cash in it (i've only been on it for 2 months now) to actually do something with it, and the 4.94% i was getting in 'cash holdings' isn't doing shit for me (hell, paypal pays better) so i took my 700 bucks i've raised into it since feb 1st, and bought some stocks.

50 Shares of SIRI (Sirius)
2 shares of GS (Goldman Sachs)
2 shares of JCG (J Crew group)

I have like 50 bucks left over after trade fees (19.99 a pop, fucking fidelity....) but i have no choice on this cash, as my work chose it, and they match my contribution. can't really pull it out either. so, i pulled it out of cash, and put it into a couple stocks.
cramer talked about GS and JCG last week, and well, I don't know wtf i'm doing, lol, so i figured i'd give them a shot. The GS stocks are pricey, over 200 a pop at purcahse time. the j crews ones were 37. siri was 3.40 each.

so, we'll see what happens. if i lose 700 bucks, so be it, but i'm trying new things here


<!-- Start of Yahoo! Finance code -->
<iframe allowtransparency="true" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no" src="http://api.finance.yahoo.com/instrument/1.0/JCG,GS,SIRI/badge;chart=1y;quote/HTML?AppID=KsyljhKHeQdKFgI1i0cq9PMXd.Pa&sig=1rGCUo gMUEH8K6lf.by0dsvTG38-&t=1173573830000" width="250px" height="560px"><a href="http://finance.yahoo.com">Yahoo! Finance</a><br/><a href="http://finance.yahoo.com/q?s=JCG">Quote for JCG</a></iframe>
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Old 03-10-2007, 09:52 PM   #2
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sirius is a very touchy stock right now. i'm still up in the air about it.

i'm about to check out sharebuilder.com. they do dollar cost averaging and i'm about to see what they can do for me.
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Old 03-11-2007, 02:10 PM   #3
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yup, touchy, but its also very cheap
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Old 03-12-2007, 02:24 PM   #4
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woohoo, GS is up and so is JCG. siris dropped 2 cents.

so, i'm up about $5 after one day :P
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Old 03-13-2007, 10:41 AM   #5
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woohoo, all 3 of mine are up today
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Old 03-19-2007, 01:20 PM   #6
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well, i think i'm done with the stock market for a while. lol

i'm down 60 bucks.


Symbol Description Quantity Most Recent Price Most Recent Value Cost Change SincePurchase $ Change Since Purchase %
GOLDMAN SACHS GROUP INC 2.000 $202.06 $404.12 $419.95 -$15.83 -3.77%
J CREW GROUP INC COM 2.000 $38.55 $77.10 $94.55 -$17.45 -18.46%
SIRIUS SATELLITE RADIO INC 50.000 $3.28 $164.00 $190.95 -$26.95 -14.11%

Total: $645.22 -$60.23 Cash Debit from Unsettled Activity: -$4.13 Net Total: $641.09

next up, mutual funds

Last edited by briansol; 03-19-2007 at 01:23 PM.
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Old 03-19-2007, 04:21 PM   #7
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i was trying get in on gateway (GTW) but i need the cheese for the new condo i'm trying to get.
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Old 03-19-2007, 04:21 PM   #8
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oh, and mutual funds aren't that much better. stick with coins. haha
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Old 03-21-2007, 02:08 PM   #9
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welp, i'm making a come back now.... jcg and gs are up a lot.
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Old 03-21-2007, 02:11 PM   #10
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Current 03/21/2007 Prior Close 03/21/20073:30am ET Change 03/21/2007 3:10pm ET
$665.29 $648.63 $16.66

woohoo, out of the hole
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