Wednesday, August 1, 2012

Project Portfolio Update for July Month 4

Project Portfolio Update for July Month 4 

The "Project Portfolio"

Monthly Update: July

Investing Account
Starting Balance -- $7,527.19
Deposit -- $400
Dividends -- $18.76
Net Gain or Loss -- $101.35
Realized Gain or Loss -- $97.39
Ending Balance -- $8047.30
August Starting Balance -- $8047.30

Stock Shares and Dividend Update
This month we had two stocks pay a dividend the were (ARKR) Ark Restaurants with a payment of $15 and (ERF) Enerplus with $3.76.

Total dividends this year: $47.52

Sold one company (TCAP) Triangle Capital for a nice profit of total ROI $111.39 for a 19.4% gain. Purchased (ABX) Barrick Gold Co. total of 28 shares. Barrick is a senior miner with a long dividend history and has announced the most recent dividend. The company's dividend yield is at 2.5%. Its earnings are  at the estimates but the stock has fallen 41% making it undervalued at only 7x EPS.

I still would like to add some more MSFT, and MCD. I also want to build the cash position and it is the first priority.

Investment Account is 68.04% of the portfolio
Emergency Fund is 4.23% of the portfolio
American Silver Eagle 1 oz Coins (48) is 12.45% of the portfolio
American Gold Eagle 1 oz Proof coin (1) is 15.28% of the portfolio

The investments are down -.93%
The SPY benchmark is down .64%
The Total Portfolio is down -.47%

One company that is getting really tempting is (SBUX) Starbucks it has been dropping on some not so good news in Europe but I think the company has a solid business plan and I like management. I will continue to watch it. I also don't like how fast the market has been rising looking to build up cash while things are hot and be ready when they drop.

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.


  1. I like what you say about expenses and they are an important consideration.
    SBUX... boy that price is starting to get low. Its on my watch list too. I need to go through their last earnings first though.

    1. Then again there is the whole alcohol factor. 80% of their sales come before noon which makes sense being a coffee place. They are test marketing wine and beer which would be almost all afternoon and evening. If they can do to wine and beer what they did to coffee.... $$$
      Disclosure: I own SBUX and am pretty happy. My debate right now is the valuation of adding more and getting a position for my model portfolio.


Is Buy and Hold Dead? My Exxon Mobil (XOM) Position!

This year the market has given you an opportunity to make tons of money but you had to take action! Is buy and hold dead? I don't think ...