3 Month Update from May 28 + Tweak

September 3, 2011

S&P 500 …….. $ 1,173.97

52 Week High …$ 1,370.58

52 Week Low … $ 1,091.15

Our minimum stated goal for the May / November time frame ( even though we didn’t enter the market until May 28 ) is $ 7.5% per annum, $37,500 – by November 1, 2011.

Here is the update through Friday, September 2, 2011.
$1,000,000 portfolio.

Realized Losses…………….. ( $13,478 -)
Unrealized Gains……………… $12,982 –
Dividends + Interest………… $ 9,007 –

Thus, after 3 months investing, our net total return is $ 8,511 –
3.4% per annum versus a negative real return ( after inflation )
for those letting their money rot in brokerage and money market
accounts. ( return is 2.55% from May 1, 2011 )

With two months till November, Housing, Jobs, Europe and Government
Inertia issues overhang the market. And, to say the investing enviornment is uncertain almost seems charitable.

Under the circumstances, and with the chill investing winds of October
just over the horizon, I expect plenty of volatility, I see the need for
a Tweak and I’m willing to accept some Tweak losses to position the
portfolio to ride out what I regretfully expect.

The following sales create Tweak losses of $10,468 –

Selling 2,475 shares AMJ @ 34.90
Selling 841 shares JNK @ 38.32
Selling 363 shares XOP @ 51.06

These shares will be replaced by the following purchases

Buy 616 shares VXX @ 41.58
Buy 314 shares BSV @ 81.68
Buy 228 shares LQD @ 112.69
Buy 677 shares ACC @ 37.82

If you want to see the updated May- Go Away Portfolio as updated
e-mail me at rmg818@aol.com ..as always, no charge.

Bye for now Richard Maurice Gore ( Dick Gore )

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