So Long, Hollywood Stock Exchange

I originally joined HSX in 1999 or 2000 and did what I’m sure a lot of people do:

  1. Create account
  2. Buy stocks and bonds in things I like or look cool
  3. Watch the market adjust in incomprehensible ways (why would Harrison Ford ever drop?)
  4. Realize that the HSX system is complicated to a degree that I am not willing to understand
  5. Walk away

I do not recall now what it is that brought me back to HSX, but in November of 2007 I started a new account, this time determined to figure things out.  And once again I stumbled along for a long time with mediocre success, assuming that things would reveal themselves to me in due time.

The first thing I came to get a handle on was IPOs.  The big names will get a decent bump, and then usually drop.  Most things go down a bit.  The odd “sure thing” is worth sticking with for a while.  This has been a part of my strategy to this day.

I liked the stability of the Movie Funds, which helped grow my portfolio, albeit very slowly.

Finally I decided to bite the bullet and seek out some resources.  I would say that The HSX Dude was definitely the most helpful, but there are a few others listed on the side that are decent.  Once I got a handle on the Star Bonds I was off to the races.  It has been about a year since I got a handle on that part of the game and I slowly honed my Star Bonds strategy.

Recently my portfolio hit H$100,000,000.  Apparently this was the goal I was aiming for, because as soon as I hit it my interest dropped to nothing.  I have not checked in with my HSX account for two weeks, whereas I used to stay on top of it daily.  So I’m calling it a night.  The fork has been stuck.  By no means have I mastered the game, but I got my head around it, had some success and had fun.

Good luck to the rest of you.

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About OneGoodMinute
Blogging about the fun and interesting things in life. Nerd stuff - movies, music, comedy, podcasts Social Media - Documenting my way through social media, blogging and online promotion. Learn from my experiences, mistakes and successes.

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