Portfolio Three Updated January 2013

Portfolio Three is our third longest lived portfolio. It began in 5 1/2 years ago and the beneficiary contributed $3000 and the trustee $6000, for a total of $9000. The current value is $9792, a gain of $792 or 8.8%, which is 2.4% / year when adjusted for the timing of cash flows. You can see the details on the links bar on the right or here.

Portfolio Three stocks that are off watch include Urban Outfitters which finally climbed above its purchase price and WYNN which is underwater but the gap is closing, buoyed by recent returns and special dividends.

For tax purposes, we sold Metro PCS for a gain of $300 (it subsequently fell back to its original price) and had $219 in dividends.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s