Portfolio Six Update March 2016 – Tax Time

Portfolio Six is 3 1/2 years old.  The beneficiary contributed $2000 and the trustee $4000 for a total of $6000.  Current value is $5410 for a loss of ($590) or (-9.8%), or (-4.1%) a year when adjusted for the timing of cash flows.  Go here or to the link on the right for a spreadsheet with details.

This year we sold Seaspan (SSW).  We purchased Union Pacific (UNP), Tata Motors (TTM) and ConocoPhillips (COP).  ConocoPhillips cut their dividend by 75% after this purchase which impacted their share price, although they have been doing better recently.  ConocoPhillips is on watch.  Coca Cola Femsa (KOF), the Central American soda distributor, is also on watch, due to the fall in the Mexican peso vs. the US dollar.  We continue to do well with Procter and Gamble (PG).

 

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