End of Year Summary! Read for my profits & 2008 income…
filed in Goals, My Investments on Dec.31, 2008
So 2008 is coming to an end, and for me, stock trading is over for this year!
As I prepare for 2009 and all the money that can be made, I reflect and share my trades and the income that I managed to make this fine year. For some, 2008 was a financial hell, to those, I’m sorry for your loss but I am proof that money could have been made.
To those that don’t know, I am a medical student preparing for my US board exams so don’t spend too much time trading. But still I made money. I started of with roughly $95,000 US and walked away with a 56% return on my stocks and made another pile of money from rentals, real estate flips and other LEGAL sources.
Without saying anything further, read the spreadsheet below for the profits. Remember, these are all things I talked about on my blog, or for those that know me in personally, talked about in person. Apart from making money on the markets, I do try to save where I can and utilize what savings there are out there on my daily expenses. Its all added up this year.
There is no excuse not to make money. I grew up in a rough neighborhood, I paid for my tuitions in university, my MBA grad school, my medical school education. I got out of credit card debt and I still managed to stay in a life style that many would say has been great. I have managed to buy 3 condos this year, flip a house, and have down payments on new construction condos and I still have to hit 30 and still have to set foot into a work environment.
Some new people investing, even if you have $1000 saved up, you can still watch that grow in 2009. Open an account from either brokers at the top of the page (Canada on the left) (USA TradeKing Logo) and find the path to wealth.
I made my own hours, do my own thing. And want to toast those that did the same for 2008. Money is definitely not everything in life, but its a hell of a nice thing to have!
For 2009, I hope you, your family and anyone else you know will find prosperity in your lives and perhaps find something through my blog as well as any others you find helpful to move forward. In the end, we all get a return based on what we invest (be it money, time, feelings, etc). Educate yourselves to be leaders, educate yourselves to be financially independent. It does not matter if your single, married, 21 or 91, the world can be yours!
Happy Holidays. Happy New Years and as always…
Happy Investing!
Aman, MBA
Ps. this all sounded like an infomercial, but its not. My blog is free to read anytime, anywhere. Add me to your feeds, bookmark me, and come daily for the next year and lets move up another level in 2009!!
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January 1st, 2009 on 2:27 pm
Looks like 2008 was profitable for you. I see that you still hold GM. Do you see much upside in GM?
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admin@BullsBattleBears Reply:
January 7th, 2009 at 2:15 pm
I do see upside in GM but its not a play I”m looking to get in at this point unless the markets can somehow drag this stock down.
For a person that is long, I would wait until March to see what other countries offer in terms of a bailout package. Canada and Germany are two that need to come out with better numbers. Also, I want to see what GM and even Ford can show with their restructured organizations before I would get in long.
Its only a 15% chance I will get in on a day-trade in Q1 of 2009.
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