Charlie's killer portfolio! HA HA!

[CFenton1982]

Hello fellow TSP members,

I am 22 yrs old and have been a savvy investor since my father co-signed for me when I was 15. I have built my current portfolio through Edward Jones Investments and Ameritrade Online and it looks like this:

Edward Jones: Intel(INTC),Sysco(SYY),Abbot Labratories(ABT),Walmart(WMT),USbank(USB),Growth Fund of America(AGTHX)/(AIVSX),

Ameritrade: Sirius(SIRI),Smart Car(ZAPZ.OB) and Prize Wise(TFCY.OB).

I have a Roth IRA and a Tradition IRA which are Growth Fund of America, and Intel.

I have been investing in the TSP since July of 04' and currently have 75% G and 25% S. Its working well but I was wondering what I should do with these funds when I seperate in October of 05'. Should I role it into either of my IRA's or should I find another profitable market that I'm not already tapping into? Open for any suggestions, thanks for your time.

Nice to meet ya'll,

Charlie

P.S. Check out Apple(AAPL) theres a 2 for 1 split this Friday!

[tsptalk]

Hi CFenton. Welcome. There is a lot of info here on IRAs. Use the search feature above to seek it out.

Although I'm not expert in retirement planning (tracking the market is my thing) as you probably know, IRAs give you a lot more options than TSP. I'm not sure of any other "profitable market" you can tap into. Are you thinking commodities or currencies or something along those lines?

Thanks for joining us and good luck!

[Rolo]

Welcome, CF!

You would probably be better served rolling it into your current IRA since you've been exercising many investment options in your IRA not available in your TSP, such as individual stocks and the mutual fund universe as a whole. Additionally, you will have more of your capital together in one account for more leverage rather than keeping it split between accounts. It's easier to track, too.

You have SIRI, no XMSR? (Search for those two tickers in the upper right for chit-chat on them.)

[CFenton1982]

Thanks for the replies!

Well I probably will role it into my Roth. I always contribute to my IRA's at the beginning of the year that way I can recieve full appreciation throughout the season.

What do you think about Apple (AAPL)? It's providing a 2 for 1 split on Friday. Would it be a decent purchase after the split? They've released some killer products lately like the iPOD, iPOD Shuffle, and the MACmini... There earnings seem high just worried if I jumped on that they wouldn't meet there quarterly estaments which would bring a scare to the investors which might screw me. Give me your two cents...

Charlie

CFenton1982 wrote: What do you think about Apple (AAPL)? It's providing a 2 for 1 split on Friday. Would it be a decent purchase after the split? They've released some killer products lately like the iPOD, iPOD Shuffle, and the MACmini... There earnings seem high just worried if I jumped on that they wouldn't meet there quarterly estaments which would bring a scare to the investors which might screw me. Give me your two cents...

Charlie

IMHO, stocks generally do better before a split, not after. AAPL is currently running at a 73 pe.It's a nice company but rather steep, don't you think?If I wanted to buy it (which I don't), I'd wait for a major correction (60s?).

[Rolo]

saraho wrote: IMHO, stocks generally do better before a split, not after. AAPL is currently running at a 73 pe.It's a nice company but rather steep, don't you think?
Agreed. A split is one solid sign that a top is near. Another sign is when the CEO is receiving a lot of press coverage. Of course, that whackball Steve Jobs would garner a lot of attention anyway, heh.

My other opinion: Apple sucks.

Look for a buying opportunity in RHAT. Keep an eye on its P/E, it can get insane; I sold when it went above 300, a few days before the FAAAaaaaalllll...

For a less speculative tech stock: WBSN. I almost regret having to sell my holding in it. I am waiting for a dip, but they seem to be more sparse. Look at their volume: institutions are scooping it up and driving the price accordingly.

[ou81200]

Charlie---

Good to see you working on your retirement at your age:^.

AAPL is a good company, but IMO, is overpriced right now. As an investor in individual stocks there is a saying."Buy on rumor and sell on news" TheIpod is old news now as isthe foreward split. Might I suggest watching it for awhile to see what it does?

One company in my portfolio is Bank of America (BAC). Itdid a split a few months back and IMO is just above it's support level. It also pays a decent dividend.

Let's hear more from you.

Chuck

Hiya Charlie,

Apple is a good investment, split or no split. They have just been upgraded share wise. Mini-mac's are sold out, I-Pod's are kicking butt, yada, yada, yada........Can you imagine if Steve changes his mind and "adopts" satellite radio? Hopefullly Sirrius!

Good luck,

M_M

[CFenton1982]

Thanks for the input... PE looks to high and Rolo is right it could fall off quit a bit.

My TFCY.OB went up 136% today and is up over 200% in the last two days! I was just toying around with this stock. Good times. Where can I find good information on "Stock Splitting?" I would like to read up on that. Sometimes I wonder if it's better to by before or after... Let me know if you know.

[Rolo]

A run-up like that, you may want to take your profit.

Largely, splitting the stock is just to keep the share price low, attractive to investors. Otherwise, your stock will be like BRK.A

That's about all I know about stock splitting. Psychological splitting..well, I know a good bit about that :h

[tsptalk]

Look familiar? :shock:

http://www.tsptalk.com/images/aapl.gif (http://www.tsptalk.com/images/aapl.gif)

Source, http://www.decisionpoint.com (http://www.decisionpoint.com)

[Rolo]

hahahahaoooohhhyeeeeeeah...I wonder how many years one would have to wait to break even if one bought now!

iPodschm-iPod...I bought a Nomad. :dude:<-- Frizz B.

[CFenton1982]

I'm going to be going 50% G 25% I and 25% C effective 23 Feb 03. Gonna ride this one, crossing my fingers.

Wish that I could get out of my Sirius, but things aren't looking good. I'm going to put an order to sell and pray it reaches it :)

Anybody thought about airline stocks; Northwest Airlines, or even Southwest? My dad is an airline pilot and said loads are picking up. Stocks are low and you know well always have domestic and international flights for as long as I live. As oil rises airlines suffer, but maybe something good to hold for the long-term.

CFenton1982 wrote: I'm going to be going 50% G 25% I and 25% C effective 23 Feb 03. Gonna ride this one, crossing my fingers.

Wish that I could get out of my Sirius, but things aren't looking good. I'm going to put an order to sell and pray it reaches it :)

Anybody thought about airline stocks; Northwest Airlines, or even Southwest? My dad is an airline pilot and said loads are picking up. Stocks are low and you know well always have domestic and international flights for as long as I live. As oil rises airlines suffer, but maybe something good to hold for the long-term.

Unless you need cash right now, you should really hold your Sirius also. It will likely fall to 4 or so and then should rebound...

[Rolo]

saraho wrote: Unless you need cash right now, you should really hold your Sirius also. It will likely fall to 4 or so and then should rebound...
Why not sell now, invest in something better (even meager, more securegains), and buy more shares of SIRI back ~$4?

That is my plan, BTW, I sold shortly after it dropped below 8 and after Jan 1 for tax purposes.The Stern and Viacom-dude news was quite euphoric. It was worth ~$4 before that, so it should be worth ~$4 after it calms down.

CFenton1982 wrote:
Wish that I could get out of my Sirius, but things aren't looking good. I'm going to put an order to sell and pray it reaches it :)


Did you sell Sirius? There is A LOT OF short interest on this stock. It fell like 8% today in a "good market". I just took my short off but I hope you got out of the long. I see a bounce on Monday. May be the time to get out. They are spending way to much on programming with no revenues. If we go into a bear market advertising is not something companies do much of.

[Rolo]

Yeah, I sold my SIRI at $7, paid $1.82. I bought carpet with the profit...carpet that, if it were any more cushy, it would be a trampoline! The timing was nice...I should have sold it at $9, but meh...needed to sell it since it climaxed and I wanted to spend the money.

I thought about going short on it, but 1. I wanted to spend the money, and 2. a bit speculative for my taste since per share price is pretty low.

Dr_Dubious wrote: I just took my short off but I hope you got out of the long. I see a bounce on Monday.


I just sold the bounce, at up 8.54% on my trade. After getting 7.98% on my short on Friday.

Will not tell you what Icould buy on these two trades. But I will have lots of dollarsfor Phat Pang tonight :shock:.

Was a good two days kicking this pig around. Going to move on to bigger pigs.

[CFenton1982]

Energy was up for February and winter is still in affect....Anyone own some stocks in this sector that you'd be willing to suggest?

[Spaf]

CFenton1982 wrote: Energy was up for February and winter is still in affect....Anyone own some stocks in this sector that you'd be willing to suggest?
In ETFs the energy funds have really advanced RE: IXC, IGE, and others. BUT, please be careful because these are sector funds. Establish trailing stops to bail. See Barchart.com for recommendations on stocks, ETFs, etc. this site seems to be pretty good.

Rgds :) Spaf

I have been "riding" XOI and Exxon. However, they aregoing parabautical.

I have been scaling back my holdings at each 5% gain. This is going to be a great short once it starts down. Do not be the last oil bull on the train.

[CFenton1982]

Well-

If it's not to late to jump on the energy train I'm really interested in these two funds. SC, and XOM. Appearently oil demand is at its highest since the 1970's and supplies are becoming scarce, so I'm not an economic expert but I think nows the time to jump in before thanksgiving when that supply number is suppost to turn for the worst.


XOM: Exxon Mobile Corp.

[CFenton1982]

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