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Portfolio Update (05/30/07)

The stock market is showing slight signs of weakness in terms of the number of new lows per day, but it still looks solid enough for me to hold my strong investments.

First, the Vanguard Index is up a steady 3.61% since I bought it in late April.

Second, I am happy to see my paper portfolio is performing well, up nearly four points from last week to 12.84%. This week saw strong gains from Portfolio Recovery (PRAA), Chipotle (CMG), and my pride and joy Garmin (GRMN), which shot up to 16.14% gains since I bought it in early May. I still can’t wait to see where this stock goes.

Lastly, my newsletter portfolio (stocks chosen based on an investment newsletter I subscribe to) went up another 1.5% to 11% gains so far. Novatel Wireless (NVTL), which was recommended two weeks ago, has already gone up nearly 19%.

I am nearing a month now since I started keeping track of these portfolios. Obviously, I need months, if not years, more data to see how they really stack up – especially in a market that isn’t so easy to make money in.

Still, it’s hard to look at the index fund and see it has 1/4th the gains of my individual stock portfolios.

See more details of my portfolios here.


2 Comments so far
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Thanks, I like reading portfolio updates. I post one once a month, check it out

Thank you, and I will!



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