January 27, 2013 Leave a comment
Portfolio Three is our third longest lived portfolio. It began in 5 1/2 years ago and the beneficiary contributed $3000 and the trustee $6000, for a total of $9000. The current value is $9792, a gain of $792 or 8.8%, which is 2.4% / year when adjusted for the timing of cash flows. You can see the details on the links bar on the right or here.
Portfolio Three stocks that are off watch include Urban Outfitters which finally climbed above its purchase price and WYNN which is underwater but the gap is closing, buoyed by recent returns and special dividends.
For tax purposes, we sold Metro PCS for a gain of $300 (it subsequently fell back to its original price) and had $219 in dividends.