BC_MBA_student

supersadface Wrote:
-------------------------------------------------------
> My 401(k):
>
> 25% Groupon (gonna be the next facebook!)
> 20% China (you can buy stock in the country now,
> talk to your broker and ask if China is right for
> you)
> 15% RenRen ('Facebook' in China! Whooooo!)
> 10% Facebook ('Facebook' in America! Also
> whooooooo!)
> 10% Commodities (mostly gold, and also some gold)
> 10% Minority stake I bought of MySpace back in '05
> (mainly held for loss aversion reasons)
> 5% Pandora (Got 'em in the secondary market day of
> the IPO! killing it!)
> 5% More of Groupon (BUY ON DIPS GENTS)
>
> Year to date performance is -349% for the quoted
> securities, but luckily my facebook, myspace, and
> groupon stakes are not quoted. As such, I have
> used judgement and observance of what similar
> securities are traded at in the marketplace and
> have estimated that those positions have
> appreciated 890,234% since purchase.
>
> All in all, I'm having an excellent year.

I might suggest you consider adding China Unicom, and Linkedln, and Netflix (this has been recommended by Cramer!) to your portfolio? From my calculations, the risk inherent in these securities should add extra utility to your portfolio beyond the expected return.