{"id":85,"date":"2004-12-31T22:02:26","date_gmt":"2005-01-01T06:02:26","guid":{"rendered":"http:\/\/jsholmes31.wordpress.com\/2004\/12\/31\/getting-back-into-the-stock-game"},"modified":"2004-12-31T22:02:26","modified_gmt":"2005-01-01T06:02:26","slug":"getting-back-into-the-stock-game","status":"publish","type":"post","link":"http:\/\/www.forawesome.net\/blog\/2004\/12\/getting-back-into-the-stock-game\/","title":{"rendered":"Getting back into the stock game"},"content":{"rendered":"
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I was thinking yesterday and decided to get back into the stock market. I’ve got my 401k set up and participate in Microsoft’s employee stock purchase program and I get MSFT stock for bonuses, etc. But I don’t really have a diverse portfolio. About half my investments (everything not in my 401k basically) is in MSFT.<\/p>\n

I figure that I’ve got a long way to go before I need to retire, so I’m pretty ok with high risk investments. I figure I’ll put between 20% and 50% of my portfolio into high risk stuff and keep the rest in my relatively diverse 401k, which is weighted towards tracking\u00a0the S&P 500.<\/p>\n

With that in mind, I opened up a new Roth IRA account with a bit of money in it. Not sure if I’ll actually qualify for Roth or not, but we’ll see. In any case, I bought some shares in the Harris & Harris Group (TINY<\/a>) with this money. They’re a venture capital firm which invests solely in nanotech startups and is\u00a0publicly traded. I’ve long been a fan of nanotech so I figure this’ll get my feet a bit wet in the nanotech world.<\/p>\n

Then I sold a few shares of MSFT <\/a>and with that money bought some Biosante Pharmaceuticals (BPA<\/a>), Shanda Interactive (SNDA<\/a>), and Netease (NTES<\/a>). <\/p>\n

Biosante is a small drug company that is working on hormone therapy delivered by a gel you apply to your skin. They have something in the pipeline for female sexual dysfunction, which is something that could be bigger than viagra.<\/p>\n

Shanda and Netease are both Chinese companies traded in the US. They both make and sell MMOGs (massively multiplayer online games) which are very popular in China. The sad thing about Shanda is it’s already had quite a run up, but China’s a big country with a very small portion of its populace online. They’re getting online though and they’re the sort that like to play computer games. Netease has not had the same runup as Shanda this year (though it did very well last year), but has only recently gotten into the gaming business.<\/p>\n

And no, I didn’t just come up with these picks out of the blue. I went over to fool.com and read up on the industries I was interested in and made a few picks. We’ll see how they do. I figure every once in a while I’ll cash out some MSFT and diversify a bit more.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

I was thinking yesterday and decided to get back into the stock market. I’ve got my 401k set up and participate in Microsoft’s employee stock purchase program and I get MSFT stock for bonuses, etc. But I don’t really have a diverse portfolio. About half my investments (everything not in my 401k basically) is in … Continue reading Getting back into the stock game<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16],"tags":[],"class_list":["post-85","post","type-post","status-publish","format-standard","hentry","category-hobbies"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p3ictG-1n","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":53,"url":"http:\/\/www.forawesome.net\/blog\/2005\/07\/chemotherapy-day-1\/","url_meta":{"origin":85,"position":0},"title":"Chemotherapy — day 1","author":"john","date":"July 30, 2005","format":false,"excerpt":"Jeebus. \u00a0 So first I go to UW Medical Center at 8am to make a deposit, just in case. That goes fine. \u00a0 Then I go to the Seattle Cancer Care Alliance at the Hutch for a blood draw at 9:30am. They say, hey, you don't need a blood draw.\u2026","rel":"","context":"In "Health and wellness"","block_context":{"text":"Health and wellness","link":"http:\/\/www.forawesome.net\/blog\/category\/health-and-wellness\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36,"url":"http:\/\/www.forawesome.net\/blog\/2009\/12\/new-gaming-pc\/","url_meta":{"origin":85,"position":1},"title":"New Gaming PC","author":"john","date":"December 28, 2009","format":false,"excerpt":"It\u2019s been a long, long, long time since I\u2019ve bought a new gaming PC, but I finally took the plunge a month and a half ago. Every previous gaming machine I\u2019ve bought, except one Alienware, have been built by me from components. I\u2019m too busy for that now and, honestly,\u2026","rel":"","context":"In \"gaming\"","block_context":{"text":"gaming","link":"http:\/\/www.forawesome.net\/blog\/tag\/gaming\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69,"url":"http:\/\/www.forawesome.net\/blog\/2005\/06\/5-more-weeks-of-2020\/","url_meta":{"origin":85,"position":2},"title":"5 more weeks of 20\/20","author":"john","date":"June 10, 2005","format":false,"excerpt":"Well, I'm almost done with 20\/20. I'm in the middle of the maintenance phase. I now weigh 179 pounds, 64 less than when I began. 15.4% of me is fat, down from 36.3%. I've got 152 pounds of lean muscle by the latest measurement, so if I keep that I\u2026","rel":"","context":"In "Health and wellness"","block_context":{"text":"Health and wellness","link":"http:\/\/www.forawesome.net\/blog\/category\/health-and-wellness\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":194,"url":"http:\/\/www.forawesome.net\/blog\/2011\/09\/where-do-you-keep-your-files\/","url_meta":{"origin":85,"position":3},"title":"Where Do You Keep Your Files?","author":"john","date":"September 18, 2011","format":false,"excerpt":"I describe where I keep important files and how I ensure they're backed up safely.","rel":"","context":"In "Computers and Internet"","block_context":{"text":"Computers and Internet","link":"http:\/\/www.forawesome.net\/blog\/category\/computers-and-internet\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105,"url":"http:\/\/www.forawesome.net\/blog\/2005\/12\/long-time-no-post\/","url_meta":{"origin":85,"position":4},"title":"Long time, no post","author":"john","date":"December 10, 2005","format":false,"excerpt":"Yeah. Well, I've been busy. But now I've got some time -- I'm taking the rest of 2005 off of work to stay at home, hang out with friends, get my condo set up, etc. For now, a quick update: \u00a0 Went to Vegas for Ed's wedding reception. That was\u2026","rel":"","context":"With 1 comment","block_context":{"text":"With 1 comment","link":"http:\/\/www.forawesome.net\/blog\/2005\/12\/long-time-no-post\/#comments"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102,"url":"http:\/\/www.forawesome.net\/blog\/2005\/10\/condo-search-complete\/","url_meta":{"origin":85,"position":5},"title":"Condo search complete","author":"john","date":"October 19, 2005","format":false,"excerpt":"I've found a condo I love and I'm buying it. I'll upload some pictures I've taken soon, but for now that link to the listing will have to suffice. \u00a0 It's\u00a0at 1406 Harvard Ave, Seattle, WA 98122, which is a\u00a0super urban neighborhood, yet it feels very private inside. 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