Welcome to my January 2014 Stock Gain & Loss Report!
Every month I will post my stock gains and losses.
I was very grateful to start off 2014 on a good note, especially since the market had a negative return this month.
The majority of my gains came from selling off EZ Corp. (EZPW) shares. I orginally bought the stock because it received such a high company rating in the BTMA Stock Analyzer and the Analyzer also told me that it was at a great bargain price.
Meanwhile, it was getting hammered by analysts and the price had also fallen to new lows because the price of gold was down.
EZ Corp depends on the price of gold because one of their most profitable services is scrapping gold at their multitude of pawn shops.
Long story short, when the earnings came in, they showed that EZ Corp was still a strong company, investors quickly got excited, and the price shot through the roof. It went up over 24% in one day! I lucked out!
The other stock that I sold was Terra Nitrogen (TNH). They are one of the major agricultural fertilizer producers in the USA. It’s another good company that I was able to buy at a bargain price.
This month, I was reminded that if I keep buying good companies at bargain prices, I can increase my odds of gaining consistent returns. Also, once in a while this strategy really pays off because a good company that is extremely undervalued can shoot through the roof!
-Grant
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January 2014
Realized Gains/Losses ONLY
My Total Profit $2,558.80
My Total Return 25.47%
S&P 500 Return -3.52%
CUMULATIVE RETURNS FOR 2014
My Cumulative Return 25.47%
S&P 500 Cumulative Return -3.52%
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Why do I post this information online?
I do it for 3 main reasons:
1. To be transparent.
I like to be up-front and show you that I’m a real person who actually invests in the stock market.
2. It’s nice to brag about good months and get positive feedback during those not-so-good months.
3. I hate being told that I can’t do something and stock investing is just another area where people have told me: “You couldn’t possibly do well. What do you know about stocks?” etc.
I want to prove that everyday people like myself can take control of their own finances, start investing with a common-sense approach, and produce better than average results.
If you’re interested in learning about how I actually produce these results, then feel free to sign up for my Free Stock Investing Tutorial Class.
Thanks for checking out this month’s report!
-Grant
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