Transaction 1
This week, my major transaction was investing in Exxon Mobile(XOM). My main reason for this was because i have real stocks in Exxon and I want to see how it's doing. Also, they have an 8 out of 10 on MSN Money, i feel like Exxon will be a solid company for me to invest in especially since the earnings growth has grown a signifigantly in this last year. I purchased the stocks at $71.88 in the $63.37 - $88.23 52 week range. It is now up to $73.23 per share. I have made money since i invested in Exxon Mobile, i predict that there will be some ups and downs but overall i think this company will prove to be a positive investment.
Transaction 2
My next transaction this week was selling apple. Apple was going to be an investment that i kept for a long time but after Steve Jobbs passed away i think selling is the best option for now especially since Apple has not been beeting me anywhere and I can always come back to it later once i find of if his death is going to effect the company or not. I sold all 45 shares for $370.50. The 52 week range is $286.91 - $422.86. Selling for that price is not bad, however i bought them for $413.42. My prediction is that i made the right choice but i was a little on edge about what the right choice was so i will just have to wait and see.
Predict your dollar amount gain. forces you to thin of your money.
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