Thursday, July 31, 2008

New Goals

Goal -Recover $10K in next two months and\or Get rid of margin by $5k

Portfolio Account Value -

Total Loss : $50500
Margin Debit : $25,600
Current Account Value : $29,500

Loss of $50500 might sound big(well it is big) but it is 5k less that whan I had last month.
My accuont value was $23k last month and its improved.
I have invested all my savings of 2 years and running a very risky life right now...but it's ok. If I loose all of that, I can call it a day for stock market and start a new life as I am still 27 :):):). I just need to take care of that margin first.

1 comment:

Bluedog said...

MPT,
Are you saying $25,600 of your $29,500 is on margin?

How did you lose $50K?

BD