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Monday, July 6, 2009

Monday Challenge Project Summary: July 6, 2009 (VIDEO)

Previous Challenge Project Balances:

Investing Account Balance: $524.86
Stock / Futures Trading Balance: $1,464.14
Online Savings Balance: $25.06

The original video explanation of the Challenge Project is to be found here.

Some time ago I stated that I may split up Rule No. 2, into weekly segments; or, $25.00 a week. Rule No. 2 states that each month, we can divy up $100.00 as we wish ...

(Video Included. If you're seeing this entry elsewhere and cannot play the video? Click this link to go to the exact blogged vlog entry ...)



Update: Sold off the FAZ in the personal accounts today at $5.23, and in the Challenge Project, around $5.25

Challenge Project Balances After Rule No. 2 Deposit:

Investing Account Balance: $524.86
Stock / Futures Trading Balance: $1,464.14
Online Savings Balance: $50.06

We'll be back to the Challenge Project, next Monday ...

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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