Portfolio Two Updated September, 2011

The market has been brutal lately, but there was a bit of a rally today.  I took advantage of the momentary lull in the selling to update Portfolio Two, our second longest-lived portfolio.  Three new stocks were added 1) WYNN 2) Anadarko 3) Statoil (ADR).  The only good thing about updating the portfolio when stock prices are going down is that the stocks we sold previously look even better in the rear-view mirror since most of them are now worth much less than what we sold them for.  The value is still above the total of $12,000 that has been invested in this fund ($4000 by the beneficiary, $8000 by the trustee).  Small consolation…

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