My $1,000,000 Challenge: $91 to $1,000,000

Hey all.  Thanks for visiting.

Going to have a bit of a change in strategy.  I haven't picked up beans for followers for @lionelsstocks, but my @linechamberlain Twitter has started picking up.  Follow me there and I'll let you know when I post here.

Three years ago, my portfolio was $1700.  After taking out some bucks here and there, it's down under $100.

Why I'm upping my stock trading methods past this.

Like it's been said, I'm mad as hell and I'm not going to take it anymore.

You remember the story about the man who took his donkey and son across a bridge in Greece? Everyone argued and argued about who should be carrying who across.  Ultimately, the man tried to carry the animal on his shoulders, slipped, and dropped it in the water.

That's been my issue with trading.  Long strategy, penny stocks.  I used to be of an opinion that stocks had to be held to grow.  We've put money into dividend stocks paying out 10% yearly.

Have they this year? Yes, absolutely.  But the stock prices have bombed, bombed, bombed the past month.

Sure, they'll come back up, who knows, in a year or two.  Can we get anything out at a profit now? Nope.

I'm sick of it.

I'm also tired of my own trading habits.  I've been a long on penny stocks, with not much success.  The only real thrills I ever got trading were when I sold half my shares of Fuelstream while I was in the bathroom at work in 2013.  A distant second was when I sold 1000 shares of INVT for a $500 profit.  I could have sold for a $9000 profit but I was too optimistic.  I'll never forget how some goober on the stock's profit board advised me not to sell and to wait for some so-called (my blood pressure is already remembering this) "secret sauce PRs".

Secret sauce this.

So, a change is coming.  Time to join the rest of the traders in getting some consistent, realistic gains time after time after time.  I admit that my stocks are a mix of pathetic pennies with only two solid candidates.

However, I am stepping things up in a big way.  I am taking on a series of extra web jobs to raise funds for a disciplined, consistently growing stock portfolio.

Who will help me? I don't know yet.  I will say that Tim Sykes's staff has been phenomenal in helping me get ready for investing, and I am reaching out to any traders who may be able to help me get past the $100 mark for starters and keep it going.  Leave a comment if you'd like to work with me... I'll promote the results you'll bring me, no problems.

Thanks,
Line

Portfolio Update, December 30

After a lot of disappointments with hastily sold stocks and a settling market, things are picking back up.  Taking out a chunk of the portfolio for a holiday with the Mrs.: RAD has been a great long-term investment and I may flip TWO tomorrow to get back in.

Current holdings:

AAPL: 3
BABA: 1
WWE: 28
TWO: 28
JAMN: 2500

Other penny stocks: Don't get into penny stocks

Good luck investing, catch up soon!

Stock Portfolio Update, August 18: Stoppin' the Hoppin', Long Everything (FB, PLUG, BRGO, LQMT)

Lionel's Stock Portfolio: What's New?

It's been a precarious couple of months.  Holding in some positions has cost me momentum, but there are a few trades I'm glad I made.  Here's my wrapup of present and recent stocks:

FB: Long, long.  The money's coming in and I'm not budging, even in a personal catastrophe, until 90 a share.  18 shares.

PLUG: Also long.  The company finally turned a profit and I'm holding in expectation that companies like Wal-Mart will provide more business in the long run.  Plus, I bought my second batch at 9 a share.  Boo to that, especially in light of recent severe dips.  Still, bought around 4 in a second batch trading off a small RAD position. 130 shares.

LQMT: A sleeper.  Haven't bothered tracking it since dips under 30 cents. 600 shares.

FLST:  A fun curiosity last year.   The potential's still there but with revenue under six figures, I'm just holding. 500 shares.

PVSP: Supposed to be a penny stock hit.  ZZZ. 1K shares.

BRGO: With a brick and mortar location coming eventually (love the cautiously optimistic PR). 300K shares.

Don't regret selling: 

RAD While still a promising long-term stock to me, short-term events pushed things well down below 8.62.  If I ever get some extra investing money I may pick up again in the mid sixes before it slowly accumulates value again.

NENE The Cheap Investor's pick's supposed to be around $10 "soon".  Glad to have sold from around 2.50 before it started scumming at 1.80.  Nothing against his long-term track record, but a sour start investing in his recommendation.

Do regret selling:

ISIS Beautiful long-term stock and far down from a high of 62.66.  Even a jump to 40 could still turn a large-scale investor a decent profit.

TWO: Just a gorgeous dividend, 10%. I miss it.

Wishlist:

AAPL It split again! Its price is within range of the common man too.  Kicking myself for missing a buy-in opportunity at 92.

WWE Even with a rise to half its previous price of $31.98, I'd be happy buying in today.  The 4.10% dividend isn't bad either.

AWP: A quiet but nicely performing stock.  With automated dividend reinvestment in an account like
BuyandHold, 6.60% paid off 12 times really adds up.

Thanks for reading! What stocks are you watching lately? Feel free to leave a comment!