Comments on $aving to Invest: I bought into the market hype for Visa and got bur...

Thanks Frank. though with recent turmoil the finan...

2008-06-05T08:52:00.000-04:00

Thanks Frank. though with recent turmoil the financial markets, I am a bit concerned that my Visa sep 95 calls will never get into the money.

You'll do fine on Visa. It'll be back up. I just...

2008-06-04T17:27:00.000-04:00

You'll do fine on Visa. It'll be back up. I just cashed in Jan 2010 100 calls for Jan 2010 160 calls and pocketed the difference.

I don't think it was an unreasonable buy. But I prefer to buy further out expiration dates and a little further out of the money.

Sarah - Thanks for your comment. I will hold on to...

2008-05-13T23:27:00.000-04:00

Sarah - Thanks for your comment. I will hold on to the options for a bit longer but their value is also dependent on the time to expiry (in addition to the underlying share price) so will have to make a decision next month.

Investment playground - The stock kepy hitting 52 week highs every other day and I got caught in the hype. Investing 101 mistake. Still I think I may get out of this trade okay. I need to find some good undervalued companies - any suggestions?

Checked out your blog as well, which I liked. Some investment ideas there.

Holding on for long term is obviously a safe bet. ...

2008-05-13T09:41:00.000-04:00

Holding on for long term is obviously a safe bet. Investing long term is the key to limiting risk and building wealth. I would never have bought Visa, however, given it being at its 52 week highs. Investing in undervalued companies is a much better investment motto - in my opinion.

Great blog by the way.

Hold on to your options. Visa should keep going up...

2008-05-11T17:12:00.000-04:00

Hold on to your options. Visa should keep going up, espically once it is included in the indexes, meaning that all the big index/mutual funds will have to buy it.