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November 26, 2005

Couldn’t buy Xbox 360, could buy more GOOGle stock

customer adventures, finance — by TDavid @ 11:21 am PST

In November, so far I haven’t been able to buy an Xbox 360, but I was able to buy more GOOGle and other tech stocks. It has been awhile since I updated the status of my tech stock portfolio through Sharebuilder that was begun in the first quarter 2005, so let’s get to it.

my Sharebuilder tech stock portfolio as of 11/25/2005

Every month I’ve bought new stock through Sharebuilder for this portfolio. And every month I’ve bought more GOOGle, including when it was at $170/share, $200/share, $250/share, $300/share, $350/share and even, yes, this month when it was $400/share. And as of this writing it’s nearly $430/share. Will I buy more in December? Most likely, yes I will.

I have sold none of the stocks purchased, although I have had some stocks I bought be acquired, notably ASKJeeves which was acquired by InterActive Corp and a spinoff resulted in my owning some shares in EXPEdia, which I said in the past I wouldn’t have bought on my own.

The image at the top shows the percentage gain in the overall portfolio for each stock. I whited out the dollar amounts and my account number, plus I blew up the numbers a bit so they would read better when compressed for the web, but otherwise these are the real numbers. Nearly a 50% gain is not too bad, I’d say. Too bad this won’t continue. Next year could be -50% or worse … but that’s how the stock market goes. The reason I’m sharing this data here is because I write about most of these companies and I want folks to know which ones I’m investing in and which ones I’m not.

No, I still don’t own any Microsoft stock. Looking at the 5yr performance that explains partly why, the other part I wrote about in April when I chose to start buying Apple instead. Turns out that was a good decision because Apple stock has done better than Microsoft over the last seven months.

I’ve been following the Microsoft closely and noticed that a positive financial quarter and the Visual Studio 2005 and Xbox 360 launches have helped slightly, but it’s still pretty much flatline. I do believe MSFT is going to turn around and would like to be in on it when it happens. Despite the Xbox 360 shortage issues, I doubt this will play that much a factor either way. I am looking, however, to Vista as sort of their last dance as the dominant player. If the Vista launch, along with Office 12 tanks in late 2006, they may never recover.

Disclaimer: I’m a Sharebuilder affiliate, so depending on when and where you view this post you’ll likely see advertising for Sharebuilder. I had seen the Sharebuilder ads around websites for quite some time before checking them out in the first quarter of 2005. I questioned whether it was really possible to buy partial and/or full stock shares through them. Well, I can definitely speak for the buying side and say yes, it is possible. I still don’t know anything about the selling side because I haven’t sold anything yet. I will write about that experience when that day comes.

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RSS Feed comments for this post 3 Comments »

  1. Hi I have been following Google as well. and yes same levels as urs. However i kept on Selling at regular intervals.
    I am a firm beleiver it should go 450 USD by End 2005.

    Then as in my blog space a fear a down trend due to a Possible Stock Split or a scenario of COOLING MArkets.
    I do wnat to write for on different topics like Finance, Stocks or Humur. Any ideas. ??

    Do have a look @
    http://domainofdesert.blogspot.com/

    Comment by Addy Bhai — November 27, 2005 @ 4:14 am PST

  2. Hi Addy, thanks for taking time to comment. Just curious, why did you decide to sell the GOOG stock? With buying new stock every month I’m still getting a very desirable return of +64%. As for a split? Certainly wouldn’t hurt my feelings but I don’t think that happens until some time after they’ve pushed past $500/share … and there is no reason to assume this won’t happen based on history (wouldn’t that be nice?). Even a 2:1 split would still keep the price above $200. 3:1 split would get it down to $143 and it would take a 5:1 split ($86/share) to get back to the original issue price that in retrospect it is amazing to think experts doubted it was worth that much.

    As for writing about more finance or stock topics, just subscribe to a bunch of RSS feeds out there on finance-related topics. Topix.net is a good place, and one of my favorites remains Google News. Yahoo also puts together different finance feeds.

    As for humor? Check out fark, they usually have a lot of offbeat stuff. Hope this helps :)

    Comment by TDavid — November 27, 2005 @ 11:33 am PST

  3. Wow that’s great!
    Did you use any promotional or promo codes when you opened your sharebuilders account?
    Are you going to updat us when you Update your portfolio?

    Comment by CashDummy — November 23, 2007 @ 5:26 am PST


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