Portfolio Four is 9 years old. The beneficiary contributed $5000 and the trustee $10,000 for a total of $15,000. The current value is $16,984 for a gain of $1,984 or 13%, which is about 2.3% / year over the life of the account. Go here or to the link on the right for details.
Given the current market, we have some stocks that we are monitoring:
- Electronic Arts (EA) – this stock is at about 53% of its 52 week high, as the whole games market has been hit hard lately even though the fundamentals (revenue) aren’t that much different, possibly due to Fortnight and the potential impact of streaming. Will watch, may sell
- ABB (ABB) – European industrial conglomerate which has fallen about 20% since we’ve bought it
- Nvidia (NVDA) – another former high flyer, this chip maker was buoyed by crypto mining and is down about 50% off its 52 week high, although it still has strong cash flow. Will watch, may sell
- Box (BOX) – this is a well-run tech company that is a possible take over target. They have gone down 25%+ with the overall tech market. Will watch