This week my Xinyuan Real Estate stock yeilded me a total loss of a little over 100 dollars which is not much considering the large amount i bought(2000). never the less losing money sucks so i bought a thousand more so i would be coloser to making money than i am now. When i bought it, i had read that it was expected to make a huge jump soon and that has apperantly not happened yet so i decided to buy more to decrease my total losses and make it easier to make money. as soon as i make a suitable profit, (about 600 to 700 dollars) i will sell my stocks.
Included in my purchase of additional real estate stocks was 93 stocks of Amazon. my reasoning for this large purchase was the upcoming cyber monday. that day last year yeilded more profit than black friday did for retailers and Amazon is the largest if not one of the largest online retailers in the world so naturally it makes sense to buy this stock and dump it right after cyber monday. I bought them for $214.96 and today the stock unfortunately tanked and i am out a little over $1600. it is too big of a loss to just sell out of fearr of losing more money so i decided too keep it and wait it out until the tuesday after cyber monday.
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