Making Small Purchases Of Stocks On My Updated Buy List

Over the last two weeks, I made 20 to 25 share purchases of six stocks. Five were new positions: Intuitive Surgical (ISRG), Priceline (PCLN), Apple (AAPL), Core Labs (CLB), and Research in Motion (RIMM). I also added to our existing position of Google (GOOG). As of Friday, January 25, 2008, these stocks were down between 13% to 36% from their peaks.

The basis for choosing these stocks comes from three stock picking systems, of which the first two I have been using regularly:

A Modified Unemotional Investor Growth System. I have been using this system for a little over three years, with relatively good results. For a short summary of the system, see My Stock Picks for Q1 2007. The current picks in this system are: Apple (AAPL), Potash (POT), and Research in Motion (RIMM). I already own Potash since it has been a consistent pick of the system since June, 2007. I purchased 25 shares each of Apple and Research in Motion on 1/17/2008.

Core Holdings. Our Core Long Term Stock Holdings shares three stocks, Google (GOOG), Amazon (AMZN) and General Electric (GE), that I believe are positioned for excellent results over the next 20 years. Although, these stocks are down 24%, 23%, and 19%, respectively, from their highs, I believe their fundamental business models are still very good.

Last week, I added 20 shares to our position in Google. I may purchase additional shares of Amazon this week. I don't plan to add to the General Electric position, for now.

Unemotional Investor Growth Top 5. This is using one of the systems shared by Robert Sheard in his book The Unemotional Investor. The current picks using this system are: Intuitive Surgical (ISRG), Priceline (PCLN), Apple (AAPL), Core Labs (CLB), and Potash (POT). Since I already owned Apple and Potash from the Modified Unemotional Growth System, I only purchased Intuitive Surgical (20 shares) and Core Labs (25 shares).

Here are the results as of Friday, January 25, 2008 for these new purchases:

	My Wealth Builder January, 2008 Purchases
Stock [purchase date]	Shares	Purchase Price	Current Price 1/25/08
Apple (AAPL) [1/17/08]	25	$160.93	$130.01
Research in Motion (RIMM) [1/17/08]	25	$88.71	$91.05
Intuitive Surgical (ISRG) [1/18/08]	20	$261.81	$269.00
Priceline (PCLN) [1/18/08]	25	$92.33	$104.58
Core Labs (CLB) [1/25/08]	25	$116.25	$112.65
Google (GOOG) [1/25/08]	20	$582.66	$566.40

The results have been mixed so far. This portfolio is down $679 for a loss of 2.4% due primarily to the declines of Apple and Google. The market action of this week will prove whether I bought these stocks too early, or if I anticipated a short term bottom correctly. If the market declines further, I plan to hold on to these positions. If the market rallies significantly, I may take some profit as the rally appears to weaken.

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This is not financial or stock investment advice. Please consult a professional advisor.

Copyright © 2008 Achievement Catalyst, LLC