I arrived at the gym 5 minutes earlier than yesterday and saved a couple of minutes over the course of workout, so was able to finish the daily routine and left it for home 8 minutes before it would close. When I got off my van to walk to the gym, I felt pretty chilly because I only wore shorts and the temperatures had been relatively low recently, but when I walked out of the gym toward my van, I was soaked with sweats. It's partially cloudy but we could see the sunshine from time to time today. However, the meteorologist predicted the rains to fall down tomorrow through the weekend. Believe or not, I prefer this cool weather. Whenever I am exposed to sunny sky for several days, I start missing clouds even rains. This isn't because I started living in Seattle almost 20 years ago but my preference since childhood. I recall I loved lying on bed to read an interesting novel through a rainy weekend when I was a teen. When I played soccer, I didn't mind doing it in the rains either. Of course, no one likes constant cloudy skies, neither do I.
My SeaPower Index recovered a little bit at the close today. Since Costco is going to report earnings on 25th, I will closely monitor it. In my trading account, I don't have much cash left but am thinking to use margin to make several fast trades as soon as the markets open to make hundreds bucks before the end of May. I have a plan to drive my son to watch a Shakespeare play in Ashland, OR in late June. This isn't because he is going to purse a English major and will take two courses of Shakespeare plays to satisfy the graduation requirements but I have planned for many years. By the way, the % change refers to the change to the base on 5/16/2016 rather than daily change.
Today is the 4th anniversary of Facebook IPO, I hadn't realized it until watching CNBC this morning before driving out for work. Mark Zuckerberg actually ran the opening bell at NYSE to celebrate. At its debut, I bought almost 700 shares at the price of $41 and am still holding it in my IRA account. As I shared, I plan to start to cash it out at the age of 59 1/2 in January, 2026. Till then, my IRA account may grow into a size of half a million at least. This is why I mentioned that total return from this account over the lifetime could be 250 times because I opened this IRA account with one of the online brokers in 1998 and the annual contribution was limited to 2,000 bucks then, I have never added more money into that account. I also have another IRA account with another broker in which I hold only 17 shares Facebook stocks I bought at 70 bucks. Whenever I bragged my smart investment on social media, they sent me a statement to remind me. They didn't know my majority of holdings is in another IRA account with another broker. I learned this long term strategy from a book titled "Eight Steps to Seven Figures" in which an investor bought 200 shares of Dell stocks at the price of 4 bucks in 80s if I recall correctly, By late 90s, it had grown more than a hundred times. I gave that book to a friend as a recommendation of investment, so can't pull it out from my bookshelf to verify. If Facebook can grow 100 times in 15 years since its IPO, I will have almost 3M only on this investment. Long term investments can be very well rewarded but investors won't be able to consume until they cash out many years later. In addition, before I could invest into Facebook stocks with a relatively significant size, I had grown my account from 2,000 bucks to more than 20,000 bucks by trading a series of other growing stocks including Redhat, VMW, Groupon, Zillow, Yelp. Were I still holding the stocks of Groupon, I probably would lose all the gains in that account. So, I can't guarantee to hold Facebook for 10 more years. So far, it has been proved an absolute winner.
Yesterday, Clinton won Kentucky only by half a percentage point but Sanders beat her by 10% in Oregon. It sounded violence incurred during his campaign. I hope his socialism to be kept democratically.
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