Monday, July 2, 2012

Project Portfolio Update for June Month 3



The "Project Portfolio"

Monthly Update:  JUNE

Starting Balance $5,684.69
Deposit $510
Dividends $36.84
Net Gain or Loss $166.54
Realized gain or loss $0   
Ending Balance $5495.77
July starting balance $7527.19

Stocks Shares and Dividend Update

Nice month for dividends we had (WM) Waste Management at $13.24, (TCAP) Triangle Capital at $14, (MSFT) Microsoft at $4, (MCD) McDonalds at $5.60. 

We made two purchases this month on two companies that have been struggling. The first was (WAG) Walgreens Co. I made the purchase after they announced an acquisition and a raise of the dividend. The move allows it to make a footstep in Europe. The dividend raise was substantial at 22.5 cents to now 27.5 cents per/share. 
The second company is (ERF) Enterplus it is an oil and Nat gas company. The share price has fallen along with the price of Nat gas and oil. I am looking out further as the company still pays a healthy dividend to wait. The problem is can it survive these low prices and with the move to more oil than Nat gas I think they will be able to. 

I continue to add to shares of NPK, MSFT, MCD, and PBCT. 
Totals 
Investment Account is 67.06% of the portfolio
Emergency fund is at $500 and is 4.45% of the portfolio
Silver we have 48 oz all in American Eagle 1 oz coins it is 12.45% of the portfolio 
Gold we have 1 oz in American Eagle 1 oz coin 2011 proof it is 16.04% of the portfolio

The investments are down (2.06%) the SPY benchmark is down (2.28%) and the total Portfolio is down (2.24%) 

Thoughts
I will spend a minute talking about Silver and why I have it in the portfolio. I love gold and silver (more silver) I just want it to be proportionate to the overall portfolio. One of my favorite experts is David Morgan and he recommends 20% but it is a personal preference. I have decided to go this route and use 20% but if I do see a deal in the price of silver I won't hesitate to buy. I have been purchasing it since 1992 and have sold 50 oz at the $28 level but received $33 an oz at the end of 2010. The problem was the next year in 2011 I bought it back in the high thirties and low forties. Not wise to sell low and buy high but it was a lesson learned. This has hurt my DCA but I still have about a $28 price per oz and that is with all premiums paid (you get the premiums back when you sell).  With Gold I sold almost everything in the summer of 2011. I bought it back at the end of the year but I am using the price for the proof that I paid after buying it back. Overall the silver I bought pre 2011 has a great return and the silver bought in 2011 is an investment moving forward as I am still bullish on the metals and do like the private ownership of them. I think I will always keep some. 


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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