Investment Performance June 2009 (+0.89%)
This is an ongoing monthly update on how our equity investments are performing. Please see this background on the investment tool I developed and how I am using it to track our performance against a benchmark to measure our progress or lack thereof.
Its still a work in progress, any feedback is appreciated and may be incorporated into future monthly reports. The only equity investments not covered are:
1) my 401k which is invested in institutional index funds through my employer that I haven't found a tracking symbol for.
2) investments roughly worth less than $500, simply because I don't have the time and energy to keep up with them. I am thinking I will sell these off at some point and add the proceeds to my current investment portfolio because they are too much work to track.
June Highlights:
- We didn't fair well in June as our benchmark soundly beat our holdings.
- There was an adjustment to our Spectra holdings this month as it looks like the stock may have split while we were living in China and I failed to record it till now. Accounting error on my part that help our monthly return.
- We doubled our stake this month in Fairfax Financial to 10 shares. It is trading slightly less than book value and I believe it will make a wonderful long term investment. I may be adding more if the price continues to fall.
June 2009 Investment Report:
Comments (1)
Check out the following IBM 401k plan site... it might be helpful...
http://myretirementsavingsplan.com/home.php
Posted by kidz | July 14, 2009 10:26 AM