Sunday, February 22, 2009

Taylor Portfolio

I had lunch today with the gf and some of her friends. I offered to make one of them a millionaire today. I told her that I would take her $10 that she got for change and invest it for her. Well obviously she is a dumb chick and decided to use it for other purposes but I have decided that I will keep a fake paper account for her sake. What are some of the assumptions? No transaction costs and the ability to get in and out of stocks on a daily basis, no t-3 regs.

Here is the first trade:

buy ETFC 11 shares @ $.89
cash left: 21 cents.

Next stop......Millionaire city

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