Portfolio Four Updated July 2013

Portfolios 4 and 5 are both almost 4 years old. The beneficiary contributed $2000 and the trustee $4000 for a total of $6000. The current value of the fund is $7186, for a gain of $1186, or 19%, or about 7% / year (when the timing is adjusted for cash flows). You can see the portfolio detail in the links on the right or go here.

Portfolio 4 seems to be doing fine. All the stocks are above their purchase price, with a couple of big winners (Westpac and Wal-Mart) and the portfolio has many stocks that pay significant dividends. Dividends are particularly valuable since there is little or no interest income nowadays with low interest rates.

Last year we sold Exelon when they hit major problems and it looked like their dividend would be cut. The stock hasn’t moved much recently.

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