Portfolio Eight Updated February 2020

Portfolio Eight is 4 1/2 years old.  The beneficiary contributed $2500 and the trustee $5000 for a total of $7500.  The current value is $10,347 for a gain of $2906 which is 38%, or 11.1% / year when adjusted for the timing of cash flows.  See the detail here or at the link on the page.

In 2019 there were no sales for tax purposes and we had $91 in dividends.

Right now the portfolio is doing well.  There are 2 stocks to keep an eye on:

  • Baozun (BZUN) – Chinese e-commerce company seems well run but has been hit by Chinese events
  • General Motors (GM) – world wide iconic car maker has a good dividend but has been hit by recent events in China.  They have also been making pre-emptive efforts to cut costs

 

Portfolio Eight Updated December 2019

Portfolio 8 is a bit over 4 years old.  The beneficiary contributed $2500 and the trustee $5000 for a total of $7500.  The current value is $9,557 for a gain of $2,057 or 27%, or 8.2% / year when adjusted or the timing of cash flows.  You can see the summary here or at the link on the right.

The portfolio holds 9 stocks.  The biggest winner is Mastercard (MA) and the others have been doing OK.  General Motors (GM) and Baozun (BZUN) are down a bit overall.

Portfolio Eight Updated July 2019

Portfolio Eight is almost 4 years old.  The beneficiary contributed $2000 and the trustee $4000 for a total of $6000.  Current value is $7278 for a gain of $1278 or 21%, which is about 7.8% / year across the life of the fund.  See here for details or go to the link on the right.  We will look into selling General Motors (GM), Baozun (BZUN) and Nvidia (NVDA) this summer before buying additional stocks.

Portfolio Eight Updated December 2018

Portfolio Eight is three years old.  The beneficiary contributed $2000 and the trustee $4000 for a total of $6000.  Current value is $6359 for a gain of $359 or 6%, which is about 2.3% / year across the life of the fund.  See here for details or go to the link on the right.

Some stocks are on watch:

  • Baozun (BZUN) – a Chinese e-commerce enablement fun has gone down recently tied to a slow down in growth for China overall.   On watch
  • General Motors (GM) – has fallen about 20% recently and taken hard steps including layoffs to get ahead of slowing car demand
  • 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

Portfolio Eight Updated August 2018

Portfolio eight is three years old.  The beneficiary contributed $1500 and the trustee $3000 for a total of $4500.  The current value of the portfolio is $6291 for a gain of $1791 or 40%, which is about 18% / year when adjusted for the timing of cash flows.  You can see the detail here or on the link to the right.

 

There are a couple of stocks on watch right now:

  • General Motors (GM) – All the car makers were hit pretty hard recently and it is down about 20% off its peak.
  • Baozun (BZUN)- the Chinese ecommerce company is down with the overall Chinese market, about 20% off its high.  Has still done well this year overall

Portfolio Eight Updated Feb 2018, and It’s Tax Time

Portfolio 8 is 3 1/2 years old.  The beneficiary contributed $1500 and the trustee $3000 for a total of $4500.  The current value of the portfolio is $5409 for a gain of $909 or 20%, which is 9.5% / year over the life of the portfolio adjusted for the timing of cash flows.  Go here for portfolio detail or use the link on the right.

We had 2 sales this year, Tata Motors (TTM) and Gilead (GILD).  Total long term gains from sales were $55 and dividends were $50.  The portfolio has done OK recently and bounced back from February market activity.

Portfolio Eight Updated August 2017

Portfolio Eight is 2 years old.  The trustee contributed $2000 and the beneficiary $1000 for a total of $3000.  The current value is $3411 for a gain of $411 or 13%, which is 8% / year.  See the details here or use the link on the right.

Tata Motors (TTM), the Indian truck maker who also owns Jaguar / Land Rover, is on watch.  We are considering selling this stock which has fallen over the last year.