OK, time to update since last post...3 years. The Virtual Portfolio is now $2.34 Billion. Yes, that's BILLION! Luck...some, but mostly it's long term planning and sticking to it, not constantly "day trading"!
Wednesday, February 22, 2017
Monday, August 18, 2014
"Apocalypse Portfolio (Virtual) All Time High!
My Virtual Portfolio, "The Apocalypse Fund" has reached another all time high...$14,753,760,185 or a ROI of 51.77%! I have 40 stocks, 6 ETF and about 6 Mutual Funds! I have have kept most of these for 23 months, since September 23, 2012. I buy energy, tech, bio-science and metal related sectors!
My real money portfolio only averages about 12% ROI, but I've taken out profits to buy a new computer and a 40" LED TV. I also regret selling 300 shares of Pacific Ethanol I bout at 44 cents a share and now trades at $19! Ooopppsss!
Posted by Bentnwasted at 8/18/2014
Sunday, June 22, 2014
Virtual Portfolio High!
A new high has been reached in "The Virtual Portfolio". As of this last Friday, it stands at $14,432,618,059USD or a 48.48% Lifetime return on initial investment of $10 Billion USD.
OLD, HOHLD, HOLD!
Posted by Bentnwasted at 6/22/2014
Tuesday, October 01, 2013
Virtual Portfolio, Last 12 Months
Posted by Bentnwasted at 10/01/2013
Sunday, July 14, 2013
10 Month Goal of the Virtual Porfolio
After almost 10 months of up and down, see saw fluctuations in the World Markets, and do in no small part to the Obama monetary policies, the Virtual Portfolio has reached a new all time high!
My Portfolio is currently composed of 30 stocks (68%), 4 ETFs (15%), & 5 Mutual Funds (1.44%). Cash reserves are 15%.
As of Friday 7/12/13. I had hit a 15.93% increase in investment, 0r $1.556 Billion in profit on assets of $10 Billion. Not sure if this is exceptional or average for this size of Portfolio, but my REAL $ portfolio, although a lot smaller, LOL, follows a similar trend. Basic goals are beat the DOW & double my money in 2-5 years!
Posted by Bentnwasted at 7/14/2013
Thursday, May 09, 2013
The "Virtual Portfolio" Update
On September 20, 2012 I updated my portfolio with new stocks, ETF, Mutual Funds and increased cash to $10 Billion dollars. I also stopped "Day Trading", instead picking sound investments for the long term.
One benefit of the change was accumulation of dividends...$ Millions of dollars in dividends, which obviously didn't happen trading daily or sitting out a down turn.
As I mentioned, on September 20, 2012...the value was $10 Billion.... today's Market close, the net...$10,639,393,736. Actual gain 9.33%...Lifetime.
I''ve used these same strategies in my real portfolio with similar results...percentage wise...LOL. not money wise, unfortunately.
Posted by Bentnwasted at 5/09/2013
Sunday, January 27, 2013
My Story of "Virtual Investing"!
On September 20, 2010 I created a "Virtual Portfolio" with assets of $1 Billion. I chose this amount to be the level of minimum to earn a profit of $1 Million in any given day. Over the next two years, I mostly invested in Energy stocks, Gold, and other Commodities through ETF's. I had a small amount of Stocks, around ten or so. At the end of two years, September 20, 2012 I had made a "profit" of $676 Million...not a bad return during recession. I was very conservative and kept 25% to 50% in cash reserves .
Starting in September 20, 2012 I started a new virtual portfolio, "the Apocalypse Fund" with assets of $10 Billion. I changed my entire strategy... a wide range of 30-40 stocks, ETF's, and Mutual Funds. since last September I am up $220.4 Million or 2.4%....alas I still have 45% cash reserves and realize I need to whittle that down to about 15%.
In real life I have a small portfolio...less than $5,000...that since March 15, 2012 is up about 12%.
My goal for my investments is to beat the DOW everyday, and double my money every five years, rain or shine.
Posted by Bentnwasted at 1/27/2013
Thursday, June 28, 2012
Firearm & Ammo Stocks for These Troubled Times
Doing a little reseach, I've put together a list of publicly traded companies in the firearms business. Many major manurfacturers and most ammo manufactureres are private companies (and closed to nosey public inspections).
The stock ticker symbols are:
SWHC - Smith & Wesson; TASR- Taser International; MTSX - Metal Storm Ltd; GD - General Dynamics; OLN - Olin Manufacturing; ATK - Allient Techsystems; RGR - Ruge
I've set up a "Watch List" to check the progress of these companies. Today, not so good. #Preppers and survivors should be interested in these stocks. On a seperate note, I also have a "Watch List" of major Defense company stocks...they are down as well!
Posted by Bentnwasted at 6/28/2012
Sunday, June 03, 2012
Prepping is Insurance
There is a fairly widespread movement called #Prepping. It regards being self-sufficient as necessary do to the impending collapse of civilization or as preppers call it SHTF! I've been interested in this since Y2K in 2000. survival supplies, living off the grid in a rural setting isn't for everyone. But I look at stockpiling food and supplies, tools, trade goods...being self-sufficient with a skill set, as insurance.
Many folks buy auto, home, and life insurance and while paying on them for years, perhaps decades, may never use that type of insurance...ever! How can you go wrong having 6 months of food on hand? Or buying and using tools, growing a garden, living in a calm rural area?
Many people look on this movement as a bunch of doomsday crazies, planning for the end of the world...but if you take the time to read about or go to a good blog like Total Survivor Dad and do some research, you'll find that #prepping is indeed Insurance.
Posted by Bentnwasted at 6/03/2012
Gold ETF...Let it Ride?
Two months ago, I invested $1 Billion of my "Virtual Portfolio" into the gold ETF (GLD) at about $162 share....then the Market collapsed because of the Greek Debt, but I let it ride until today. The "virtual Portfolio" lost $62 Million in assets...until last Friday June 1 st. Two months to recoup the loss, but it worked. Today I cashed out. My imaginary portfolio is still about $40 Million down from its all time high, but since it's creation in September of 2010 has returned 58%...GLD has returned 16% YTD.
While only "Virtual", I find those returns acceptable.
Posted by Bentnwasted at 6/03/2012
Thursday, May 24, 2012
Facebook Fiasco or World Market Woes?
Let's stop bashing Facebook already. It is a totally viable company! Many expected to "get-rich-quick" by having the stock quadruple in one day....too bad for them! That's like playing the slots in Las Vegas...sometimes you loose. Nothing to cry about or sue underwriters about.
It's taken years for Apple and Google to reach the realm of $600 per share. Facebook may or may not get there, but it's not going away!
Look at the bright side....IPO price was $38/share, few could get that, now it's $32/share...the logic is to buy! Next month with my investment allowance, I'll gladly purchase at $32/share....for the long term (5 years out), not a quick buck!
Posted by Bentnwasted at 5/24/2012
Saturday, February 25, 2012
Eight Probable Economic Trends in 2012
Posted by Bentnwasted at 2/25/2012
Thursday, January 26, 2012
Tough to be a Day Trader!
Risk vs reward...tough to be a Day Trader in these turbulent times! Looking at Pre-Markets 6 hours prior to Market open, everything is in the Red...6 hours later...Optimism Prevails! Oh wait, most folks use computer trading...never mind!
Posted by Bentnwasted at 1/26/2012
Tuesday, September 13, 2011
Get ready for the CNBC Million Dollar Portfolio Challenge
It's the biggest, richest Million Dollar Portfolio Challenge ever!
This is your chance to win a cool $1,000,000 a Maserati GranTurismo Convertible Sport and 10 Exotic One & Only and Atlantis Resort vacations. All you need to do is sign-in/register with a CNBC.com account below; then on September 19th you can play with up to 5 different portfolios. Each with $1,000,000 CNBC Bucks - $100,000 for trading currencies and $900,000 for trading stocks and ETFs on the AMEX, ASX, LSE, NASDAQ and NYSE in real-time!Go to the CNBC website and Register today. In past contests I've placed in the top 15% to 25% and one day was #3.
Posted by Bentnwasted at 9/13/2011
Labels: (C) All Rights Resevered, Courtesy of CNBC
Sunday, September 04, 2011
The Shifting Sands of the Stock Market
In years, past investors could rely on charts, historical timing, and investment advice to profit from the stock markets and their investments. Today's markets, global in reach, are influenced by events far from Wall Street. Many of which are new in nature...disasters, wars, collapse of foreign banks, bailouts, and computerised trading.
Fortunately, investors can still make money the old fashion way...they earn it...by trading on the down side as well as up. The "Virtual Portfolio" has generated a higher rate of return (ROI) shorting the markets with appropriate ETF's than being Bullish with ETF's and stocks.
With just a few weeks until the 1 year mark, the "Virtual Portfolio" has a current ROI of 47.8%. And that was from being conservative with 15% to 50% cash reserves. I look forward to this years CNBC "Portfolio Challenge" contest.
Posted by Bentnwasted at 9/04/2011
Wednesday, August 24, 2011
GOLD...Did you bail out in time?
Well Gold stocks and ETF's...it was a nice ride! Made good gains for the "Virtual Portfolio", got greedy and stayed in one extra day! Bad idea...of course, that was partly due to relying on charts, and future data that was in error! It may fall off another 5%, but will rise again, mostly because the US Dollar and Euro are worthless! Save your cash!
Posted by Bentnwasted at 8/24/2011
Friday, August 19, 2011
All About The Futures Market
One aspect of investing in markets that people do not seem to know very much about is commodity futures trading. Most of the trading that people are familiar involves an immediate transfer of whatever it is that was bought and sold. However, futures trading are not like that. When you trade futures, you are basically gambling about the value that something will have at a certain point in the future.
In this market, you buy and sell a predetermined quantity and quality of assets. A price for those assets is determined and the official sale date is set. The official transfer of the asset occurs on the specified date and the financial details are handled based upon the current value of the assets. If the value is more than anticipated, you make money. If the value is less than anticipated, you owe money. One way that the futures market is much different than the traditional stock market is the amount you have to pay when you purchase the contract. When you invest in the stock market, you have to invest the entire sum of money. Typically when you buy a futures contract, you only have to provide 5 to 10 percent of the actual value of the contract. This gives you many more options since you only have to have 10% of the cost.
The most common type of commodities that are sold in the futures market is related to agriculture. This is because agriculture was the beginning of this type of trading. These can be livestock, wheat, vegetables and fruit. However, you can also buy and sell stock indexes, metals, oil, bonds, interest rates and many other things as well. Agriculture is a big area for the futures market because it allows farmers to sell their crops while it is still being grown. They agree to sell their harvested crop for a fixed price. It allows the farmer to know that his crops are sold instead of having to wait until the harvest has been completed.
Trading in this market gives you a very unique opportunity that you cannot find in very many other places. In most types of trading, it takes several years before you actually see a profit off of your investment. However, because your initial investment is only 10%, you have the possibility of generating substantial income with your first contract. Of course, that will only happen if you do your homework and make the right investment. If you do not do your homework or if you are unlucky, you can also lose a great deal of money. As with any type of investing, it is important that you do not invest any money that you need to live on.
The people who keep track of this market are called hedgers and speculators. The hedgers are the ones who buy the assets "hedging their bets" and hope to make money on the trade. The speculators are the ones who follow the market and predict the future price of the commodity in question.
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Stewart Wrighter recently researched futures trading for an article on the stock market. For more information about futures trading go to
http://www.futurestrading411.com .
Source: http://www.submityourarticle.com
Permalink: http://www.submityourarticle.com/a.php?a=206581
Posted by Bentnwasted at 8/19/2011
Labels: Reprint Article
Monday, July 25, 2011
Tweet Too Much to Blog!
Posted by Bentnwasted at 7/25/2011
Thursday, June 30, 2011
Economic Musings
It is amusing to watch one of President Obama's speeches and the stock market at the same time on CNBC...one can watch the market fall, as he speaks. The same applies to Fed Chairman Bernanke or Sec Geithner. Obviously the Markets feel these folks are "bad news".
GOLD...it is still the number one commodity to hold. Economic chaos in Europe and the Middle East make it a "safe haven" in lieu of the declining US dollar. There is still, as of today, no verifiable proof to the rumour that over the counter trading of gold and silver will be banned on July 15th under the Dodd-Frank Wall Street Reform Bill.
Debt Limit and riots in the USA are a possibility. Austerity in the USA is not that unrealistic and probably a good idea to reign in the "Socialist Agenda" of the current Administration. After decades, welfare and handout loving Liberals can see the end to their "fleecing of America" and they don't like it. Instead they prefer to Tax, Tax, Tax the job creators of corporations and wealthy individuals to continue the funding of all their socialist programs! No homeless person on the dole ever created one job. Liberals, this TAX THE RICH SCHEME is not going to happen!
Posted by Bentnwasted at 6/30/2011
Monday, June 06, 2011
The Stock Market...Gloom and Doom coming?
The Great US Economic Recovery fades daily. Stocks are down, housing, employment...debt increases. The "Global Economy" is a serious factor in US Markets and daily life. The US can not control the various factions that make up our economy, as they did 50 years ago. The the US drove the world economy...now we are a mere player.
With that in mind, Global Forces need to factor into trading....world events such as war, famine, oil consumption, population growth drive market forces and can't be ignored. (I have always thought this...global tensions more a factor than the
Federal Reserve interest rate hikes, for example). On this basis, "The Virtual Portfolio" has continued to make daily gains and continued the long term goal of a 25% ROI.
Currently, 100% ETF trades, shorting the DOW & S&P, and gold IAU and GLD. As of today, the portfolio is trading much higher compared to the DOW.
Global forces may also spell Gloom & Doom in the coming months...many forecast a "Market Correction"...analysts vary, but 15% to 25% is not unrealistic. alas Capitalism and the Market allows on to make money on a rise or a fall...choose wisely.
Posted by Bentnwasted at 6/06/2011