The Life of an Internet Bedouin
December 21st, 2006 — Investing, Politics
Open Secrets has posted a list (via Get Rich Slowly) of the stock picks made in the accounts of American Congressional leaders in 2005. That’s quite a stable bunch of stocks.
Disclosure: I own shares of Microsoft (MSFT), Exxon Mobil (XOM), and Home Depot (HD).
November 21st, 2006 — Apple, Investing
For me.
Apple shares (AAPL) closed at their all-time high today at $88.60.
Man am I glad I didn’t sell all of my shares when it was in the 40s in 2005. This stock is on fire!
November 19th, 2006 — Investing
In a recent Investor’s Business Daily article, the profitability of sin stocks was put to the test:
Many socially responsible funds do just fine without sinful alcohol, aerospace and defense, casinos and tobacco stocks. But funds that include such issues often benefit.
And few, if any, benefit more from these bad boys than Vice Fund (NASDAQ:VICEX). The $64 million fund targets those four groups — not to make a moral or political statement, but because it’s found they are winning sectors in good times and bad.
Dallas-based Mutuals Advisors launched the fund in August 2002. In 2003, its first full year, the fund returned 34%. Going into Wednesday it was up 17.77% for 2006 vs. 11.76% for mid-cap blend funds tracked by Morningstar and 13.45% for the S&P 500. Its average annual three-year return was 18.24% vs. 11.2% for its peers and 11.87% for the S&P 500.
Hilarious.
