Tuesday, February 13, 2007

We Sold BLDR & Bought VALU

I locked up more profit yesterday. We would still buy BLDR if we were starting today. One thing for sure, watching CNBC is not the same as watching the market with your money in it. That's a good reason to have good reasons for what you do, no matter what strategy you choose.

We made 18.49% from August 31st, 2006 to February 12, 2007. August has 31 days, but since we are starting on the 31st, we notice that 30 days later is September 30th which has only 30 days. 30 + 31 + 30 + 31 +31 +12 days in February equals 165 days. 365 divided by 165 equals 2.21. 2.21 times 18.49% equals 40.86% annualized. That's nice.

Here's the BLDR summary from Finance.Google.com:

Builders FirstSource, Inc. is a supplier and a fast-growing manufacturer of structural and related building products for residential new construction in the United States. The products offered include its factory-built roof and floor trusses, wall panels and stairs, as well as engineered wood products. It also manufactures custom millwork and trim that it markets under the Synboard brand name. In addition, it supplies customers with an offering of professional grade building products, such as dimensional lumber and lumber sheet goods, various window, door and millwork lines, as well as cabinets, roofing and gypsum wallboard. The building products and services are grouped into five product categories: prefabricated components, windows & doors, lumber & lumber sheet goods, millwork, and other building products & services. Its full range of construction-related services includes professional installation, turn-key framing and shell construction, and spans all its product categories.

Summary For VALU:

Value Line, Inc. is engaged in producing investment-related periodical publications through its wholly owned subsidiary, Value Line Publishing, Inc. (VLP), and providing investment advisory services to mutual funds, institutions and individual clients. VLP publishes in both print and electronic formats The Value Line Investment Survey, a periodical investment services, as well as The Value Line Investment Survey - Small and Mid-Cap Edition, The Value Line 600, Value Line Select, The Value Line Mutual Fund Survey, The Value Line No-Load Fund Advisor, The Value Line Special Situations Service, The Value Line Options Survey and The Value Line Convertibles Survey. VLP also provides current and historical financial databases in standard computer formats and markets investment analysis software, The Value Line Investment Analyzer, Value Line ETF Survey, Mutual Fund Survey for Windows, Value Line Daily Options Survey, Value Line Electronic Convertibles and Value Line Research Center.

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Business Owner Investment

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