Portfolio Update 9/9/2013 : Small Time Blog

Portfolio Update 9/9/2013

by Bradley Voight on 09/09/13



KR 60 Shares @ $37.40 = $2244
HBAN 125 Shares @ $8.52 = $1065
STKL 85 Shares @ $9.30 = $790.50
SIRI 175 Shares @ $3.75 = $656.25
RVLT 175 Shares @ $2.22 = $388.50
Total.........................................$5144.25
Original Investment....................$5419.02
Performance..............................-$274.77 or -5.07%

After more learning about how to manage a portfolio from the master himself Peter Lynch, I did some pruning and buying. Here's what I did: I sold 15 shares of STKL @ $8.93 for $126.94 and I sold 125 Shares of RVLT @ $3.37 for $414.25.

I pruned 15 shares from STKL because it was reaching new highs. I reduced my exposure to RVLT because it is a volatile stock and it got hammered after its last earnings release, which was fine but not a knock out. I bought 10 shares of KR @ $37.55 for $382.50 and bought 50 shares of SIRI @ $3.68 for $191.00.

Lessons I've learned for this update: In pruning and adding I think I did well, but I could have left STKL alone and pruned RVLT at over $5.00 and I would have come out better. I still like the stories of both of these companies so I am not closing either position any time soon. When I began investing 2 years ago I was not interested in building and managing a portfolio of companies, not just their stocks, but now that is the sole aim of my investing philosophy. I am also tweaking ways to hedge and further diversify the portfolio to increase profitability and decrease risk. Always keep in mind while you are reading that I am a self admitted horrible mathematician and I have received no formal training in investing. I am not suggesting that anyone buy any security or other financial instrument. I hold no licenses or certifications in financial planning or accounting. My portfolio is real and it is only intended to serve as an example of what you can do with online stock investing account.

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