Sunday, September 30, 2012

Update 9-30-12



I know it’s been a while since I've posted.  I teach and classes started back up so I couldn't post that often.  Things have plateaued now and I'm able to post a little more frequently.
 
It’s been an interesting roller coaster of a couple months.  The Fed came out about quantitative easing which sent the market skyrocketing. Apple came out with it's new ipad which sent their stock skyrocketing.  Then people started questioning the effectiveness of the Fed's move and he market went back down again. 
 
I took a hit before all of these events on some of my option trades so cashed out the remaining value and put everything in my dividend stock ARR.  I think the best move at the moment is to pick several high-yield dividend stocks and then buy and hold for the remainder of the year.  No one knows what's going to happen to the market after the election so the best thing is to make your money work for you in the mean time.