But the unusual thing is that I made it to the top rank with the same four stocks I started out with - I never made a single trade.
So what were those magical stocks?
- 2,870 shares of CSX.
- 25,000 shared of Ford.
- 10,000 shares of Foster Wheeler.
- 5,000 shares of IIT (Indosat, an Indonesian satellite company I've followed all the way from $4, starting 11 years ago.
Had I sold at $93 when FWLT hit that number in its meteoric rise, I would be $60,000 better off - but all prices are as of the end of the day's trading, so it wouldn't have mattered. As it is, my profit has been $399,0000 as of the close of business yesterday. I've also won $23,000 in Bonus Bucks, giving me a total of $1,422,000.
No comments:
Post a Comment