Model Portfolio Addition : Small Time Blog

Model Portfolio Addition

by Bradley Voight on 11/23/13

I have deposited $100 additional into the Tradeking account. This gives me a total of $250 invested in the account. I still own 30 shares of FTR and will continue to hold these shares and collect the dividends, trading around the position selling 10 shares on peaks and buying back 12-15 on dips. 


The Smalltime Model Portfolio is being built on the backside of all the mistakes I've made in my personal trading account. I keep written journal of all the mistakes I've made and the correct processes to avoid those mistakes when similar situations arise. I have been the enemy of my own profits because I have identified many, many, many opportunities and even owned several of them only to jump out like a grasshopper with a small profit or loss, or be forcefully shaken out by the big boys. I will explain in full detail in a later post how to avoid being shaken out of positions when nothing bad has actually happened to the company, but the shares suddenly drop 15%.

I currently have another $150 to $200 worth of scrap at today's metal prices. By stockpiling metal and taking it in a little at a time instead of all at once, I am holding a long cash position in my metals. I happen to be bullish long term on the base metals. My metals can actually make me money just by me having them. Turns out it is just like shares in fast growing companies, if you don't own them and hold them, you don't participate in their appreciation in price. Of course my metals could decline in value too at which point I'll continue to stockpile and not sell. I can at any time ramp up my collection of scrap. Right now I only spend at the very most 4 hours a week collecting and I am passing up tons of cardboard because I do not have a place to store it.

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Disclaimer: This is not investment advice as I am neither licensed nor qualified to advise anyone's financial decisions. It is a site presenting an "out of the box" set of ideas on how to possibly maximize profit from recycling, creating an incentive for people to recycle. Smalltimerecycling.com and I Brad Voight are not responsible for any losses incurred from tips or suggestions presented on Smalltimrecycling.com, they are simply my own opinions and I encourage you to form your own opinions.
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Our primary mission is to reclaim valuable recyclables from the waste stream and bring attention to the wastefulness of America. Currently we are recycling metals and e-waste. The Smalltime Blog is a non political commentary on metal, stock, currency and other markets. The Smalltime Blog is also where the hard lessons of a self taught investor are discussed.
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