Welcome to my October 2013 Stock Gain & Loss Report!
Every month I will post my stock gains and losses.
I’m grateful to have another good month of returns. This month, I sold a bundle of Exxon (XOM) shares that I bought at bargain prices in the previous month. People were talking about the government shutdown and it was a good time to buy up some good bargains.
I also bought some Stanley Black & Decker (SWK) after it took a big dive of over 14% in a day. I took a bit of a chance on it because I know of the company and I’m pretty confident in its staying power. But in reality, even though my tiny risk paid off, I shouldn’t have bought it because the company rating was slightly lower than the BTMA Stock Analyzer recommends.
I’ll need to be more strict at following my own rules next time!
But overall, October was a good month for me.
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October 2013
Realized Gains/Losses ONLY
My Total Profit $1,231.93
My Total Return 14.39%
S&P 500 Return 4.63%
Ave. Amount I Invested $8,563.09
CUMULATIVE RETURNS FOR 2013
My Cumulative Return 111.34%
S&P 500 Cumulative Return 23.18%
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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 watch a video on my strategy here:
Thanks for checking out this month’s report!
-Grant
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