Portfolio Six is six years old. The beneficiary contributed $3500 and the trustee $7000 for a total of $10,500. The current value is $10,860 for a gain of $360 or 3%, which is about 1% / year over the life of the fund. For more details go here or to the link on the right.
We have several stocks on watch:
- 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
- Baozun (BZUN) – a Chinese e-commerce enablement fun has gone down recently tied to a slow down in growth for China overall. On watch
- 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