I've decided to go from a moderately aggressive portfolio to a very aggressive portfolio. I've sold off more of my blue chip mutual fund (FBCVX) down to 35% of portfolio (sold it at a nice $14.44) and used the proceeds to buy:

• Southern Copper Corporation (PCU)
  Bought @ $92.31
  I wanted a strong commodity stock in my portfolio as well, and this seemed to serve it just fine. It has good capital growth value, is a solid commodity stock, and pays a nice dividend (nearly 10% a year). However, the stock has been jumping the past 5 days (up nearly 12%) and could be peaking sometime soon. Also, because the company is based primarily in Peru, the upcoming Peruvian presidential elections could affect the stock negatively if the populist Humala wins. Because I'm willing to ride this out, I've put in a stop-loss order at 25% below its price. I'll see how this one rides out for the next few days. I have a feeling I may be biting the bullet on this one. It's all a learning process, isn't it? ;)

Stocks I've been eyeballing:

• Ciena (CIEN)
  For some reason, everybody is saying BUY BUY BUY. Analysts, Cramer, even the message boards seems filled with people loading up. I found it intriguing until I looked at its balance sheet. It hasn't earned a profit in a few years, and I'm not sure what value it offers over other companies in its industry like Nortel. I'll stay away until I can learn more about what Ciena specifically offers. Although I have to say that the growth of the telecom industry is very exciting once again (Level3 has been killing!)
• Akamai (AKAM)
  The growth of the media-driven internet is almost here. The bandwidth from the telecoms aren't quite to a point where anybody can deliver videos in a scalable manner. Enter Akamai. Their technology (and I'm actually familiar with them!) allows companies to offer media extremely fast to anybody; Akamai essentially has datacenters all over the nation and determines based on a media request where to send the media from so the user gets the fastest connection. I think this has a good long-term upside, so I'll continue to watch it.
• Hanover Capital Management (HCM)
  I found them through their high dividends, but then I wasn't too happy to find their market cap was $52mil and their business was starting to stagnate a bit. I find that because of the cooling off in the housing market, REITs (real estate investment trusts) like these probably won't give me a decent return until the housing market starts heating up again. I'll pass, but once the market starts heating up...
• Apple Computers, Inc. (AAPL)
  Let me say that Bootcamp is the most amusing thing ever. So you're telling me that the important thing to do with the creation of Wintel boxes is to create ... a program that lets me boot into ... Windows. Right. Isn't the point to get away from Windows? When you buy a new Apple, you will either have an old PC box or not. If you do have one, why the hell would you want Windows on your Mac? And if you don't, why would you want Windows on your Mac? I feel like this was more of a PR stunt than anything significant. That said, with MS screwing up Vista and Apple on the verge of releasing a true video iPod, I really want to get int on Apple. I remember eyeballing the stock a week ago, seeing it at 58, and thinking "gosh if I just had some money..." It's jumped up to $70 today... long-term, it looks great to buy as long as MS keeps screwing up and people keep becoming infatuated with the shiny white electronics.
• BP Prudhoe Bay Royalty Trust (BPT)
  This trust basically gets a huge cut out of any oil drilling that's done somewhere in Alaska. BP pays this trust... I didn't know these damn things existed! Because all it does is get paid, it has something like a 99% profit margin, and the money is distributed mostly as dividends. As you can tell, this thing probably sucks to hold as a long-term stock because the price barely fluctuates (it's pegged mostly to the price of oil). The dividends are great though; they yield nearly 10% a year. I'm going to load up on this in a little bit as soon as the price drops down to maybe $68 or so (I'm dreaming here). I'll be keeping an eye on it...

I've decided my Yahoo! (YHOO) play was not a great one - not much upside for a flakey company, and that money can go somewhere else where it'll give me much better returns. (although if it does hit is one year price target, $42, that would be a nice 33% return...) I'm thinking of dumping it as soon as they report their next quarter profits (next week, I believe). What I've understood is that because I have such limited capital, the point isn't picking a GOOD pick... the point is picking the BEST pick. Although I have faith that Yahoo! is a good long-term pick ... right now I need to grow my portfolio aggressively so I have more capital, and Yahoo! probably won't give me that for another year or so.