Want to lose money in the market?� It's simple- ask me how.
I bought some stock in a company whose products we sell at work.� It immediately dropped in value.� I thought that if I bought some more that the stock might drop again.� I was correct.�
I spent a long time researching my most recent stock- Zany Brainy.� I went over charts, analyst recommendations and I visited one of the stores.�� It has solid fundamentals- little debt, good earnings, plenty of room to expand and a niche in the market place.� How have I been rewarded for my diligence?� The stock has plummeted lately, while internet companies continue� a stratospheric rise despite the fact that they are trading at multiples that are hundreds of times their earnings.� It makes me sick.
My latest acquisitions.� They're not sexy but they're dull:
