Archive for July, 2011

Where We Are

Monday, July 4th, 2011

Summary of Actions since May 13-2011

May 13,2011 – Sold November 4, 2010 ” Go to Market ” Portfolio¬† Result May 2010 / May 2011= 11.6% Total Return Including Dividends.

May 28-2011 – Established ” May – Go Away ! ” Portfolio to ride out the June – October time frame by focusing on ETFs delivering Dividends and Interest.

As of June 30, 2011 results of ” May – Go Away !” Portfolio are as follows:

Realized Losses ( $ 15,602 ) – Tweaks
Un-Realized Losses ( $ 2,280 )
Dividends Received $ 3,022 Projected $36,264
3.62% per annum

We may not enjoy the present ” snap back ” rally but we have minimized potential loss of capital as we enter the danger zone months with jobs still a big worry and housing a problem with no solution other than to let the banks continue to repair their balance sheets and hope for the best .

Bye for now….Richard, Rich, Richie, Smiley and Dick