Tuesday, March 26, 2019

Do you have a 401k?

If you do have a 401k available at your company, I hope you're taking full advantage of it. The obvious benefits are pre-tax contributions and perhaps some employer matching.
The not-so-obvious benefits are dollar cost averaging and the encouragement to invest your money, in turn, forcing you to budget and be disciplined with what remains of your paycheck.
It's absolutely true that establishing your contribution amounts and leaving them be is the status quo and most advisable. However, we like to adjust contributions according to the markets so here's a synopsis of the last year's contributions and the proportions:

2/9/18 – 7/27/18: 100% GOLD contribution
7/27/18 – 10/5/18:  50% GOLD, 25 EuroPacific, 25 Emerging Markets
10/19/18 -  12/31/18: 25% GOLD, 25 Europacific, 25 US Small Cap, 25 US Mid Cap
1/11/19 - present: 35% US Small Cap, 35 US Mid Cap, 30 EuroPacific

Saturday, March 9, 2019

Gold Updated Chart

I'd say that it responded pretty well with the 40. Now what? Holding and haven't added any since early 4Q2018.

Friday, March 8, 2019

SharpSpring Volume on 3/7

152,000 shares yesterday and the stock didn't move one way or the other. Someone, somewhere is making something happen. I feel like adding more SHSP ($14.24).

3/26/19 edit: yeah, because they did a 750,000 share offering at 13. It was in the filings and I missed it.

Wednesday, March 6, 2019

Fitbit, Inc. (FIT $6.05) to take on Apple?!

FIT is introducing new lines and services in attempt to take on Apple Watch.
Remembering that FIT has a ton of data on their consumers, know their "health solutions business" coined, Fitbit Care. This relationship with the consumer not only monetizes that data but creates a very sticky relationship with them. Charts be damned, I'm liking this story more and more.
Still watching, no positions.



Sunday, March 3, 2019

This is a fantastic read for all, particularly young investors: "The Greatest Investor You've Never Heard Of". Most young investors can't see, out 30 years, but look what happens when you start early. It's ALL about time...compounding growth. You MUST start investing in your early 20's.

His fortune comes not from some flash of entrepreneurial brilliance but from a lifetime of prudent buy-and-hold investing.


Saturday, March 2, 2019

SharpSpring (SHSP 15.17) new 52 Week high, AGAIN

Nice ramp up to a new 52 week high (16.52) last week, followed by a quick brake check to the 50 dma, settling in at 15.17 for the week. The volume was above average but not huge. Clearly, someone is jockeying for position. At the high of 16.52 this week, it stood at a 341% gain from our average cost of 3.75 and a year and a half of holding. I don't know what the exit looks like at the moment but holding for now.


Watch List Update

Previous update was Feb. 2nd

Gee Group (JOB 1.38)
GoPro (GPRO 6.08)
Snap (SNAP 9.80) up from 6.91 since last update
Fit (FIT 6.14)
Garmin (GRMN 84.69) have not included on the watch list but should have been
Sonos (SONO 10.54) down from 13.02 since adding to Watch List
Data I/O (DAIO 6.33)
Pro-Dex Inc. (PDEX 14.41) hit a new 52 week high since Feb 6th. Looking for a break above 16 on heavy volume. Incidentally, the stock was at 16 in May of 1996. It's taken 23 years to get back to this level!
Canopy Growth (CGC 47.05) almost removed this from Watch List