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I’ve been at BC for a year now. I have learned so much, thanks to all of you. Last year was my best year by far in this business/hobby of my 4 so far. So, for fun I am going to start fresh. I am going to treat it like a long term investment, be disciplined, and stick to my system. I figure my 401k and mutual funds grow at an average rate of 7% to 12% after fees. A CD might return what, 4.5% - 8%? So, let’s see if we can do a little better here. I will track my Oppenheimer Funds401k performance vs. my BC Funds performance for the year.
Initial BC FUND Investment (Bankroll): 10,000 onions
Goal: Average growth of 5% of bankroll per month (bankroll=18,000 onions by Apr. 1, 2007)
On average I risk 6-8% of bankroll per day or “session” (early games – late games for example)
I have a busy job and a beautiful wife and I like to travel, so I cannot post/play everyday (only posted plays count). I play others picks than my own quite often. For example, I almost always play Chucks PODs in baseball. I will indicate when I follow so I don’t get any huskers or “the nightmares” giving me a hard time for copying plays.
Why am I doing this? Because I hope it proves to be a useful learning experience for me and everyone else who is interested in money management and winning over the long haul, which I hope to do. So feel free to jump in with any suggestions that will help, THEY ARE MUCH APRECIATED, or ask questions, whatever…
Progress below....
Initial BC FUND Investment (Bankroll): 10,000 onions
Goal: Average growth of 5% of bankroll per month (bankroll=18,000 onions by Apr. 1, 2007)
On average I risk 6-8% of bankroll per day or “session” (early games – late games for example)
I have a busy job and a beautiful wife and I like to travel, so I cannot post/play everyday (only posted plays count). I play others picks than my own quite often. For example, I almost always play Chucks PODs in baseball. I will indicate when I follow so I don’t get any huskers or “the nightmares” giving me a hard time for copying plays.
Why am I doing this? Because I hope it proves to be a useful learning experience for me and everyone else who is interested in money management and winning over the long haul, which I hope to do. So feel free to jump in with any suggestions that will help, THEY ARE MUCH APRECIATED, or ask questions, whatever…
Progress below....
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