Monday, June 20, 2011

Botox

Thank you college friends for breathing a little life .. an injection of capital and an investment lead..

Botox is being used for migraines - so why not invest in it (or the company that makes it, Allergan/AGN).
Only trouble is, like with WTW, we can only buy a share! But I will do it for posterity's sake!!

Tough to make money without a lot of money.. next challenge.. figure out how to get in on put and calls. I did buy a bond myself (3 month T-bill) - and that was slightly less complicated than starting the investment club. But I think the work for puts and calls could pay off. I have been reading "The Big Short" and might be more delusional than usual.. but why not I say.

Next task: blog graphics. Melanie made this cute drawing.. a starting point!

Saturday, June 11, 2011

We're still here (at least I am)

Finally - three or four (or five??) months later we have successfully bought 2 - yes 2 whole shares!! - of weight watchers stock.
What was the hold up you ask? Well, I have tons of excuses.. which I would be happy to share if I were half as creative as Melanie (but in short - Aspergers, vasectomy, and lots of paperwork, faxes and bs).
But I persevered ( I suppose).
Sadly, our 2 shares have fallen - and all we probably are down about 10 bucks. But the hard part is over. Now the fun part (don't give up on me yet Melanie!).. buying some stocks. WTW was a little expensive. (btw- my "porn" stock is holding its own, but certainly not sending me into early retirement)..

That is the update from my end.  The market is down - good time to buy? Will see what ideas are peculating at the neighbor's Belmont stakes gathering..???