TWI FUND ADD - NIKE

In a quest to build up the TWI Fund, I have been looking for many different holdings that grab my attention. That being said, the next addition to the fund will be Nike (NKE).

Besides the fact that my closet is decked out with Nike shoes, I feel that this “best of breed” will continue strong for time to come.

General Throughts

The evolution of Nike has been nothing less of spectacular. They even have a museum set up in New York. For a little over 20 years now, Nike has been considered the top brand when it comes to athletics. Just take a second to look who they have been able to align themselves with: Michael Jordon Kobe Bryant, LeBron James, Ladainian Tomlinson, Cristiano Ronaldo, and Ronaldinho. I mean I can really go on forever; however, the important thing to take note of is the excellence that they align themselves with.

All About Finding the Right People

I wanted to take the time out today and try and motivate some people to really take control.

Every now and then I am asked the question, “how do I raise money?” Everywhere you look there are people suggesting to buy this or invest there. Not everybody has an extra stack of cash stored somewhere, so how can somebody start their own business or begin investing with very little of their own money?

I’m sure everybody has heard the sayings “its not what you know but who you know” or “its not what you do but who does it for you.” Contrary to what many people may think, most of the successful people you hear about today got to that level because of their great networking skills. Do you think they all started with a million dollars in the bank?

Six Degrees of Seperation

The Importance of Diversification

So there are only about two weeks or so of tracking time for the newly installed TWI Fund; however, the month is over and why not see how things turned out? (Embedded grid below or direct download)

As you can clearly see, I was definitely saved by the great run Bank of America (BAC) experienced, but was it luck or just proper investing?

In a time when something will go up one day and then straight down the next, it is more important than ever to make sure you keep a diversified portfolio. My results alone clearly prove this theory.

For the month of August I am looking at perhaps loading up some more on Apple (AAPL) and perhaps adding 2-3 new positions. I will make sure to let you know when these changes have been added.

Wikinvest

If you have spent any time on the internet, then you probably know all about the different “wiki” floating around. Basically you take a topic or subject and then users can edit and add to the page of that topic. Now some people have given the financial sector a try.

Wikinvest allows users to edit interactive charts of different companies. For example, if Apple (APPL) recently saw a run upwards and you know why, then you can add it to the chart for everybody to see.

Be careful of believing everything you read though, as most of the comments will come from people of all sorts of investing background; nonetheless, it is always interesting to see other people’s take on things.

Other than stocks, contributors can also add ideas to different concepts such as: rising oil prices, credit crunch, or subprime.

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