Tuesday, October 5, 2010

Week #2 Learning and Earning

Mooooooo its week twooooooo!!!!
During the weekend we decided to replace SPDR gold trust for iShares Gold Trust at $12.71/share USD and $13.00/share CAD. This should provide us with high rate of return as the price of gold continues to rise.
Apple’s Ipad has dominated the personal tablet computer market since its release. With Research In Motion introducing its new tablet we purchased 700 shares of RIM.TO for $49.81/share. The Play Book will be the first tablet alternative for non-Mac users on the market since the Ipad was released.
After two weeks of the game the market has had two rough days, September 23 and 28. We watched our stocks drop across the board. Nervous about what could happen to the markets we changed our strategy. Hold reserve funds in our accounts that we can invest when the market drops… BUY LOW SELL HIGH.
Sour cream! More like sour choice…
 PDL.TO was not doing as well as PAL in our USD account so we decided to get rid of it and CP rail as a way of freeing up funds that we plan on investing when the market falls.
 Cow cat needs to cheer up cause we're just getting started!

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