Invest in an individual stock

1

What will you do?

Invest $1000 in a particular company that I suspect may do well.

2

How will you test your idea and measure success?

Success is easy to measure. It will have a dollar value which can be converted to a percentage by dividing current value over invested value.

3

How will you know you are done?

I am in this til the end. I am willing to lose all $1000 in this experiment. The worst case is that the stock's value drops to 0 and I'm out the $1000. Otherwise I will continue to hold it for the foreseeable future (buy and hold).

4

How will you enjoy the journey?

This is not my first investment in markets or commodities, but it is my first investment in an individual stock. The company deals in a subject area where I am a relative expert, and so I hope to have a > 50% chance of making money on the deal using my knowledge of SCIENCE. :)

Also, by executing the trade this morning I have broken down a long-standing psychological barrier. I have bought an individual stock for myself, so I now know all the steps required, and can do it again more easily in the future.

Created Jan 20, 2011 | Category Money/Finances
Tags investment, stocks

Comments & Observations

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Matthew Cornell Good work, Brock. I'm trying to think of other things to measure that would give you some leverage points to change it up ... I'll have to think about it.

Jan 22, 2011

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Brock Tice I should probably be monitoring emotional involvement and distraction. I'm now watching the ticker all the time to see how it's doing. I would prefer not to do that.

Jan 25, 2011

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Matthew Cornell Interesting, Brock. I've just noticed something similar with my mood tracking experiment. After a while I realized that I need to be tracking different dimensions, not just one overall measure. I should split out anxiety, depression, and irritability/agitation. But it's a lot of additional work, so we'll see.

Jan 25, 2011

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Brock Tice

  • Member Since
  • 08/10/09
  • About Human, husband, father, (atheist) zen buddhist, tidy, good neighbor, thrifty, starting a cardiac simulation services company, doesn’t worry about current events, reads for pleasure, tries to keep his home and his things safe and sound, occasional home improvement DIYer, trying to keep ties to close friends and family despite moving all over the country.
  • Web http://virtuallyshocking.com
  • Experiments 19
  • Observations 297