TGIF

So its been about a month since my last entry. So much has happened, I don't know where to begin.
For one, my car got totaled last week in a fluke accident. So now I am taking the train everyday to work. It takes an hour or so, which sucks but at least my company pays for public transportation so I am saving some money (which offsets a little of the pain of paying the deductible on the accident plus an increase in premiums).

At least my stocks are doing well in the market. A few of my stocks that have done the best are Goldman Sachs (GS), McDonalds (MCD), Starbucks (SBUX), Jcrew (JCG), Red Robin (RRGB).

My biggest losers have been Jones Soda (JSDA) and Washington Mutual (WM).

Because of my stock pyramiding strategy, my portfolio is weighted heavily toward the stocks that have been doing the best because I have been adding to the winners every month (and they have continued to advance) while letting the losers sit idle.

Right now, 17% of my portfolio is in Goldman Sachs even thought it is only 1 of 15 stocks that I own. Only 4% is in Hansen, which is my biggest loser so far.

Because I believe in my ability to pick stocks and beat the market, I am planning on infusing more dollars into my portfolio and I plan to own 50 stocks by the end of the year. I am able to do this with minimal transaction costs because of Sharebuilder, which is an outstanding service.
On a side note, any cash that sits idly in a sharebuilder account gets ~4.5% interest, not too shabby.