We have a new strategy for this game. It's name is KISS. Keep It Simple Stupid! We have decided to make 3 trades a week We know that this is the minimum, however, we believe that by doing our homework, and finding the best stocks for out portfolio we will stay even and grow. This is important, as people have BIG up's, and BIG down's we will be able to come out on top. It is the tortise approach to the stock game, but we believe it to be our best approach.
Our first stock we bought into was Annhauser-Busch brewery (BUD). We know that superbowl is coming up and the stock price has been falling. We intend to buy low and sell high. This has worked in our favor as the price of the stock has risen everyday since we bought it. Our projection is for it to max out Superbowl Sunday. GO PACK!
Next we bought Lulu Lemon on the State side (LULU). There has been major growth in the athletic apparel company in the past year. They have opened stores in emerging markets where health, wellness, and yoga have been gaining popularity exponentially. This is a great buy and will continue to make us money! Also it looks good!
Lastly on the Canadian side we bought Royal Bank Stocks (RY.TO). This bank reported earnings of 374M in the 4th quarter of 2010. As the economy recovers Royal Bank looks to lead by example and continue growing into the future.
Thats all for now!
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