Portfolio Update 10/4/2013 : Small Time Blog

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Portfolio Update 10/4/2013

by Bradley Voight on 10/06/13

It has been one wild ride in the markets since the end of July. Just when I thought there was nothing to worry about the month of August started off selling and then a new war was imminent and the Fed was set to taper the QE stimulus and the sky was falling and then, suddenly, it was all over and the S&P 500 hit another all time high of 1729.86 on September 21st. Now here we are two weeks later and the damn sky, or debt ceiling, is about to fall again and crush America. I am not ruling out that someday the dollar will fall and the mighty US will lose it's leadership role in the world but until then I have to weather the storm and put my money to work in the richest equity market on planet earth. Here is the portfolio update for Friday October 4th 2013.


KR 50 shares @ 40.56.......................$2028.00
STKL 196 shares @ 9.95...................$1950.20
SIRI 175 shares @ 3.95......................$691.25
RVLT 175 shares @ 3.93.....................$687.75
SGLB 2850 shares @ .1035..................$294.97
AXPW 700 shares @ .1151...................$80.57

HBAN: I bought 125 shares on 5/9/2013 for $923.25 (commission of $7.01 included) sold all shares in 4 sales throughout September because Fed did not taper it's stimulus, meaning prolonged low interest rates, which is bad for bank profits so, in the words of a Shark Tank billionaire, "I'm Out". With $11.25 in paid dividends to me I sold the 125 shares for 1025.96 after commissions for a total of $1037.21 a gain of $113.96 or 12.3%. I took most of that money and added to STKL and bought AXPW. SGLB is one that I did not list before that was bought along the way with $203 from sales of RVLT shares.

Share Total.......................................$5732.74
Cash Total........................................$258.40
Grand Total.......................................$5991.14
Original Investment.............................$5382.73
Performance to date...........................+$608.41 or 10.1%

Shaving profits from the top of Kroger and closing HBAN provided the cash to expand what I feel is my best position in STKL. Now if we can survive the imminent default of U.S. debt and the government meltdown, er shutdown then we should be good to go for the end of the year. Unfortunately I was way off on my assessment of the debt ceiling and budget battle....DOH!

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