Posts from ‘December, 2005’

How to Build Real Wealth

There’s a great article on Fool.com today for long term investors, How to Build Real Wealth. I am starting to learn towards dividend paying stocks. For that reason, I invested in Pzifer. However, I will continue to trade growth stocks with a portion of my portfolio to capture some of the bull market. For the [...]

Quote of the Day

If you can run one business well, you can run any business well. – Richard Branson I’m looking forward to run that one business well. =)

Liquid Net Worth

My Liquid Net Worth is calculated based on the money I have at disposal, excluding retirement funds and primary homes. I’m not including retirement funds in my Liquid Net Worth because it’s money I won’t touch until I retire. I’m excluding my house as well, because I don’t know it’s current value, and mainly because [...]

About Me

I thought I’ll share some information about myself so you get a better idea of who I am. I’m 25 years old and I live in New York City. Smarty is the name I use on this blog, I like the name because it’s catchy and easy to remember. I grew up in a poor [...]

Reading Is Fundamental for Investors

A great article to read for investors. Basically, if you want to be a smart investor, you must continously educate and update yourself. Apprenticed Investor – Reading Is Fundamental http://www.thestreet.com/pf/comment/barryritholtz/10255830.html

Pzifer (PFE) up 54 cents

Pzifer (PFE) up 54 cents (2.42%) and closes at 22.85. Price target: $30 I’m planning to hold this stock long term.

To pay off my student loans or not?

This month I made a one-time $3,000 payment to my student loan account and now I have about $4,400 left. I can either leave the loan balance as it as and continue making minimum payments. I will have the loan pay off by March 31st, 2006. Or I can just pay off the whole balance [...]

Pfizer Inc. (PFE)

Bought Pfizer shares at low 21′s. Pfizer Board Boosts Quarterly Dividend From 19 cents a share to 24 cents. Trailing P/E: 20 Forward P/E/: 11 Total Cash: 13.4 B Current price near 52 week low. Charts seem to show a reversal.

Philadelphia Investment Update #9 – Purchased New Oven/Stove for Tenants

I recently received a call from my tenants that the oven is not working. It would not turn off with a switch and would require shutting the gas pipe to shut it down. Instead of paying for someone to come and look at it and then pay for the repair, I decided to buy a [...]