Investing for Dummies from a Dummy

Like most people I know little about investing in stocks and can spot good ideas only in hindsight. But this time I am going to predict my earnings based on just common sense and good feeling. No thoughtful analysis or recommendations from gurus and so forth.I am going to invest 300 (AM dollars*) in Microsoft (MSFT) and hope to make 400 AM dollars in 6-8 months. My reasons are:

  • It is close (24.59 at the close of the market on 7/10/05) to its lowest it has been in about 2yrs.
  • I have heard they have huge cash reserves (I personally have not verified this).
  • They are going to come up with new products next year, which knowing Microsoft are definitely going to create a huge hype.

There you have them. Now that you have been warned, you might want to rush to your broker early Monday morning. I assure you a bid worth 300 AM dollars is going to drive up the price.

* AM Dollars are Amit’s dollars which means the conversion rate is set by me. I prefer these than talking in terms of percentages.

About amit

I was born in Kanpur, India in 1977. I did my schooling partly in Kanpur, Surat and Udaipur. I spent most of my schooling years in Udaipur in a boarding school. This was the most enjoyable period of my life predominantly because I made a lot of friends and played a lot of football (my first love). My school years brought in a sinking realization that I was good in academics, average in football [even after my most sincere efforts :( ] and to put it euphemistically 'artistically challenged'. Hence cool careers in photography, sports, art & design or music were all beyond me. I took up what I could do best, and enrolled for engineering at Nagpur University. College brought its own pleasures, I had my share of beers, bunked classes, read the 'Bhagvad Gita', learned yoga and picked up love for traveling. After graduating I was one of the lucky few to get a great job at Infosys Technologies. The best thing I got from my first job - my Yamaha Rx 135. There were not many weekends when I did not explore places in and around Bangalore on it. In two years though my desire to pursue further studies caught up with me and I enrolled for a M.S in Computer Networking at North Carolina State University. Here I picked up basketball, love for stand up comedy, liking for the 'other football' and offcourse a little bit of computer networking. I graduated in Dec 2002 and am currently working for /n Software. I am slowly evolving into a die hard Linux and Open Source enthusiast, trying to pick up skydiving, biking, running and photography. Some might call that progress. :)
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