Portfolio Seven Updated August 2017

Portfolio Seven is 2 years old.  The trustee invested $2000 and the beneficiary $1000 for a total of $3000.  The current value is $4209 for a gain of $1209 or 40%, which is 24% / year adjusted for the timing of cash flows.  You can see the detail here or in the link to the right.

When you have a portfolio with only 4 stocks like this one, an increase in a single stock can impact your performance (positively or negatively).  In this case Alibaba (BABA) the Chinese e-commerce giant has done very well which has accounted for 2/3 of the total growth in portfolio value.

We have one stock “on watch” which is Spirit Airlines (SAVE).  The stock is down about 40% from its high price.  We are considering selling this or holding on as it competes with other airlines.

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Portfolio Seven Updated April 2017

Portfolio 7 is 2 1/2 years old, with the beneficiary contributing $1000 and the trustee $2000 for a total of $3000.  The current value is $3670, for a gain of $670 which is 22% or 14% / year over the life of the fund.  Here is a PDF of the fund activity and you can also see this in the right column on links.

The stocks are doing well, with 3 of the 4 near their 52 week highs.  The stock is half US and half foreign and the largest sector is Techology (if you consider Mastercard, the payment processor, as Technology) at half the portfolio.

Portfolio Seven Updated January 2017 – Tax Time

Portfolio seven is a year and a half old, with the beneficiary contributing $1000 and the trustee $2000 for a total of $3000.  The current value is $3448 for a gain of $448 or 15%, which works out to about 10% / year.  The portfolio is doing well.  You can see the details of the portfolio at the links on the right or download the spreadsheet here.  There have been no stock sales to date in this portfolio.

Portfolio Seven Updated March 2016 – Tax Time

Portfolio_7G_Mar_2016

Portfolio Seven is about half a year old.  The beneficiary invested $500 and the trustee $1000 for a total of $1500.  The current value of the portfolio is $1357, for a loss of ($143) or negative (9.5%).  Both Alibaba (BABA) and Mastercard (MA) have come down about 10% since purchased in the fall.

Due to the fact that there is only modest dividend and no sales in this portfolio we were not sent a tax return by the brokerage.