Portfolio Five is 9 years old. The beneficiary contributed $5000 and the trustee $10,000 for a total of $15,000. The current value is $17,439 for a gain of $2,439 or 16% which is 2.7% adjusted for the timing of cash flows. You can see details here or on the link on the right.
With the recent market performance we have several stocks on watch:
- Alibaba (BABA) – at about 70% of its 52 week peak, has been hit by slow down in China and also a possible previous over-valuation in software stocks
- Baozun (BZUN) – a Chinese e-commerce enablement fun has gone down recently tied to a slow down in growth for China overall. On watch
- Baidu (BIDU) – another Chinese internet company down about 30% off its peak. Will watch like Alibaba, above
- General Motors (GM) – has fallen about 20% recently and taken hard steps including layoffs to get ahead of slowing car demand