Mid Month Report Card

At the end of 2010, I reviewed my performance and identified some areas for adjustments.

1. Take profits sooner (B) - I've made two sales in January and gained 9% and 12%.  Naturally, the stocks continued to rise after I sold, but not so much.  So I have recognized gains that I would not have otherwise had.
2. Reduce or cap investment pool (F) - This one is tough.  I had another CD called, so I've actually went in the wrong direction and the investment pool is now larger than ever leaving me only 43% invested. 
3. Quit bottom feeding (D) - I haven't bought anything at a premium price, but prices have been rising.  Nonetheless, I need to get more fully invested and overcome my cheapness.  This will also help me convert some excess cash into dividend or interest income.
4. Dabble in Index Funds (D) - I've identified a preferred fund (VFIAX - VANGUARD INDEX TRUST 500), but have not taken the plunge.  Mainly because I want to bottom feed on funds too.
5. Don't sweat employment (A) - My current project is NO FUN and has been dragging past the original launch date, so I'm looking forward to it wrapping up, even if it costs me a paycheck. 

Overall Grade (D) - The rising market has made it difficult to execute on many of these adjustments.  My overall strategy has assumed some volatility and there simply hasn't been any.  I hopeful that there is a correction of some sort in the next 3-6 months.  Otherwise, I will likely continue to get poor grades.