Tuesday, May 1, 2012

Project Portfolio Month 1 update


The "Project Portfolio"


Monthly Update:  April 

Starting Balance  $4,339.04
Deposit  $498.00
Dividends  $0.00

Net Gain or Loss $(104.28)
Realized gain or loss $(28.59)
Ending Balance $4704.17

May starting balance $4704.17
 Stocks Shares and Dividend update. 
No dividends to report this month.
WM 30.0174
NPK 15.4697
BWLD 6.0459
PBCT 37
TCAP 28
ARKR 60
Cash 85.63




 Totals
Emergency fund.    $1000
Opportunity fund    $ 979
Precious Metals
Silver 315oz
Gold 3oz 



Thoughts
I sold FCX just because we have a large position in the metals already and a few things about the company worried me moving forward so I felt its better to sell. The new addition is Ark Restaurants with a great yield of 6.6%. If your not from NY or Las Vegas you may not know about ARKR but it is a consistent performer and I think as the economy improves it is a generous company with dividends. This is also a company I have in my personal portfolio. It does give us 2 restaurant stocks but both can be profitable and are run by incredible CEO's. This month I will be looking at MSFT to possibly add a position (watch for the update). We will also continue to add on weakness to positions in the portfolio.

Disclaimer: This is a personal weblog. The opinions expressed here are my own. All data and information provided on this site is for informational purposes only. Please do your own research before investing.

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