Portfolio Eight Updated January 2017 – Tax Time

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.

Advertisements

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 Six Updated January 2017 – Tax Time

Portfolio six has been around for about 4 1/2 years, with the beneficiary depositing $2500 and the trustee $5000, for a total of $7500.  The current value is $7917 for a gain of $417, or about 6% or 1.8% / year when adjusted for the timing of cash flows.  You can see the detail at the link on the right or download the spreadsheet here.

During the year we had about $136 in dividends for a yield of about 1.7%.  We had one sale, of Coca Cola FEMSA with a long term capital loss of ($321).  Our sales still look relatively good in hindsight.  For the portfolio as a whole, it has mostly recovered from the fall in oil prices.

Portfolio Four Updated January 2017 – Tax Time

Portfolio Four is a bit over 7 years old.  The beneficiary contributed $4000 and the trustee $8000 for a total of $12,000.  The current value is $13,932 for a gain of $1932 or 16%, which is about 3.3% / year when adjusted for the timing of cash flows.  You can see the detailed spreadsheet at the link on the right or download it here.

The portfolio is generally doing well. We sold LinkedIn (LNKD) because they were bought by Microsoft and gave up on Coca Cola FEMSA (KOF) which was hurt by the decline in the Mexican Peso and recent election results.  We did not sell many of the energy companies which (mostly) held on to their high dividends and have risen recently with the uptick in oil prices.  It is important that you look at the “total return” which includes dividends because some stocks look like they have losses just based on price bought vs. today when in fact they’ve been positive due to dividends.

The portfolio had about $240 in dividends for an average yield of about 1.7%.  This is a good rate but down a bit from last year because we sold Seaspan (SSW) and Garmin (GRMN) which had high dividends.  Most of our sales are still OK in hindsight but Garmin has gone up a bit since we sold it.  We had a long term capital loss of $474 due to sales of LNKD and KOF, above.

Portfolio Five Updated January 2017 – Tax Time

Portfolio five is a bit over 7 years old.  The beneficiary contributed $4000 and the trustee $8000 for a total of $12,000.  The current value is $14,071 for a gain of $2071 or 17%, which is 3.5% / year when adjusted for the timing of cash flows.  The spreadsheet can be found on the link to the right or you can download it here.

During 2016 we had about $223 in dividends for an average yield of about 1.6%.  There was a capital loss of $134 on the sale of LinkedIn (which was bought by Microsoft).  The portfolio is doing well, with Spirit Airlines (SAVE) being a recent winner.  Our sales also seem OK in hindsight.

Portfolio Three Updated January 2017 – Tax Time

Portfolio three is our 3rd longest lived portfolio, at a bit over 9 years.  The beneficiary contributed $5000 and the trustee $10,000 for a total of $15,000.  The current value of the portfolio is $16,551 for a gain of $1551 or 10%, which works out to about 2% / year when adjusted for the timing of cash flows.  You can see the detailed spreadsheet at the link on the right or download it here.

During 2016 we had about $280 in dividends (for a yield of about 1.7%) and had long-term capital losses on our sale of WYNN and Linked In (LNKD) which was bought by Microsoft.  Most of our sales have held up pretty well except for Weibo (WB), typically called “China’s Twitter” which went up significantly from recent lows.

Portfolio One Updated January 2017 – Tax Time

Portfolio One is our longest lived portfolio, at over 15 years.  The beneficiary contributed $7500 and the trustee $17,000 for a total of $24,500.  The current value is $39,250 for a gain of $14,750 or 60% since inception with an annual return of just over 5%.  See the detailed spreadsheet at the links on the right or download it here.

In 2016 we had no sales for tax purposes and about $790 in dividends (the exact amount on the tax return will be different because this is net of foreign tax withholding).  Generally the stocks in this portfolio are doing well with just a couple on watch.

Looking back on all the 20+ sales over the years most have been good in hindsight, with the obvious exceptions of Amazon (AMZN), Microsoft (MSFT) and Southwest Airlines (LUV).  Hindsight isn’t 20/20 and likely as this portfolio transitions over to the beneficiary (I still will advise) at some point we will stop looking so far back into the past and just look forward.