Setting Up a Trust Fund for Kids, Along with General Investment Information
Portfolio eight is 2 1/2 years old. The beneficiary contributed $1000 and the trustee $2000 for a total of $3000. The current value is $3201 for a gain of $201 or 6%, which is 4% / year over the life of the fund. Go here for a view of the stocks or use the links on the right.
The stocks are 1/2 US and 1/2 foreign and right now we are watching Gilead (GILD), one of the health care stocks that is potentially impacted by various health care proposals.
Portfolio eight is about 1 1/2 years old. The beneficiary contributed $1000 and the trustee $2000 for a total of $3000. The current value is $3130 for a gain of $130 or 4% which works out to a bit less than 3% / year adjusted for the timing of cash flows. There have been no sales and the portfolio is doing fine. You can see the detailed spreadsheet at the link on the right or download it here.
Portfolio Eight has a value of $3285. The beneficiary contributed $1000 and the trustee $2000 for a total of $3000.
Portfolio 8 is half a year old. The beneficiary contributed $500 and the trustee $1000 for a total of $1500. The current value is $1341 for a loss of ($159) or negative (10.6%).
This portfolio consists of Mastercard (MA) and Tata Motors ADR (TTM). Both stocks are down about 10% for the year so far. Due to the fact that there are no sales and not much dividends (it has only been 6 months) there were no tax forms sent by the brokerage.
