Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

7 of 7
BACKNEXT
Taking an aggressive stance
Name: Matthew Miller
Age: 30
Hometown: New York, NY


When I saw how much trouble Fannie Mae and Freddie Mac were in last September, I knew things were going to turn really bad, really quickly. The only other time in history that residential real estate tanked was the Great Depression. So I cashed out.

But by December, rock bottom prices on large equities, specifically distressed companies, made me want to jump back into the market. Though it wasn't the bottom, I aggressively bought all the way through March. Since then I've just been lightly trading.

As of the March lows, I was down 20%, but one year after Lehman, my portfolio is up more than 90%. The stocks that helped the most are Rite Aid, Unisys, Freddie, Fannie, Simulations Plus, Sirius and Ford.

Going forward, I plan to hold onto if not buy more of the losers and hold or sell the winners.

NEXT
Last updated September 14 2009: 2:51 PM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
America's 12 biggest companies now In the past 6 years, giants like Exxon and Walmart have slid while tech companies have soared. More
'Spotlight' is just the latest edition of newspaper movies Here's a list of the best newspaper movies. More
Most valuable car collection ever auctioned In total, the 'Pinnacle Portfolio' is the most valuable group of cars from one collection ever sold in a single auction. More

Special Offer