Portfolio Seven is 6 1/2 years old. The beneficiary contributed $3500 and the trustee $7000 for a total of $10,500. The current value is $12,542 for a gain of $2,042 or 19%, which is 4% / year adjusted for the timing of cash flows. See here or the link on the right for the details.
This portfolio was hit by some recent stock drops.
- PayPal (PYPL) had a bad earnings call and limited forward guidance of profits and the stock dropped a lot. We will be re-evaluating this stock.
- Recent acquisitions Block (SQ) and Nike (NKE) fell with the market after we bought them
- Alibaba (BABA) the massive Chinese e-commerce company has been buffeted by the deteriorating relationship between China & the USA and a crack down on tech companies in that country as well
We will look at what to do about these stocks.
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