Portfolio One Updated July 2021

Portfolio One is our longest lived portfolio, at almost 20 years.  We started this portfolio the day after 9/11/01 (a significant day in hindsight).

The value is $91,424 and the beneficiary invested $5000 and the trustee $19,000 for a total of $24,000.  Gains are $67,424 or 280%, which averages out to 10.4% / year adjusted for the timing of cash flows.  Go here for a summary or to the link on the right.

In March we sold half our position in Rocket Mortgage (RKT) when it was part of the “meme” stock frenzy.  The stock has returned to what we paid for it originally plus paid a dividend.  We also had a reverse split for IAU gold shares (rare, it actually makes the price higher) and received a small amount of cash for our fractional half share (not a dividend, a return of capital, but very small).

The stocks in the portfolio are generally doing well, along with the market overall.

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