Friday, June 02, 2006

MyDollar 5-Stock Tech Invest: Week2

On Friday, May 19th, we purchased 5 technology stocks (read details) at the closing price of that week. We started with $10000 (about $2000 for each stock).

After 2 weeks, at the close of trading today we stand at $10163, an increase of 1.64% in 2 weeks but a drop of 0.38% from last week. One week of investment performance means nothing to us, but anyway it's good to report a positive number than a negative one, particularly in a week that saw lots of up and down.

Current Value of portfolio:
EMC Corporation (EMC) : 157 at $12.89 (was $12.73 on May 19)
Nasdaq-100 Trust (QQQQ): 51 at $39.64 (was $39.35 on May 19)
Seagate Technology (STX) : 80 at $24.12 (was $24.95 on May 19)
Veeco Instruments (VECO): 82 at $24.94 (was $24.26 on May 19)
Yahoo (YHOO) : 68 at $31.52 (was $29.53 on May 19)

Disclaimer: We own all these stocks in our personal portfolio. Please do not make your investment decision based on this selection. Please do your own homework and/or take expert advice before investing in these stocks.


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