Easy Money

Nothing like makin money without lifting a finger. A bit of research is necessary but a stock like FCX which has clearly been a winner for me wasn't that hard to find. Sunpower I can't claim as my own find, but it has been totally rockin just the same.

My cost basis in Freeport McMoran Copper and Gold is $71.82. The resistance point on this stock is around $120 now. This one's going even higher short and long term. I have no doubt about it.

My cost basis in SPWR is $38.18 and it has recently been on a breakout up over $100. It could easily pull back a bit and even when it does, the stock has still more than doubled for me since I bought last November anyway. Sweet!

So what's the plan? As long as I continue to have stocks like this...and believe me they aren't all this great...to counterbalance some of the not so hot ones I'll retire from work as early as possible. I'll do some traveling and I'll drink wine and eat steaks and shrimp, chocolate cake and ice cream until my arteries can't take it anymore and I die of heart failure.

Or maybe not exactly that but I'm sure I'll come up with something good to do. Right now I'm spending more time learing the ropes of investing than I am planning out an endgame. The name of the game now is invest, reinvest the gains, then reinvest those gains and so on.