I’m starting with $50,000 and going to be buying 5 stocks all for about $10,000 each. One of the places I go to find stock picks is Jim Jubak’s Journal on MSN.com. I have been following him for years and he seems to give the most reasoned opinions including admitting when he is wrong.
The first stock I am buying (I actually already bought it on 8/22/07) is Maxwell Technologies (MXWL) and I am down a little so far. I will ignore the $9.95 per trade fee (E*Trade) I am assessed as that amount is insignificant to the dollar amounts. I could prove that I am actually buying the stocks by making screen prints of my account and blackening account numbers out. That is, however, something I just don’t want to deal with and some people would not believe that as proof anyway.
8/22/07 750 shares Bought MXWL $12.85 $9,637.50