20 Stock Portfolio – A New Beginning
The 20 Stock Portfolio page on this blog has been very popular, so I am trying to make it more interesting and useful for myself and those who come and visit. The portfolio is my attempt to follow stock that my research leads me to believe will provide above market returns. The portfolio is not a mirror of what I own or a recommendation to buy or sell any securities.
I started the portfolio on 8/21/07 with the first stock, Gigamedia (GIGM: 3.28 +0.14 +4.46%). To date the portfolio has a total of 10 stocks with the last added on 9/14/07. I track the portfolio by “purchasing” $1000 of the stock on the day it is added to the portfolio. This give an equal starting dollar weight to each stock and does not figure in any commissions. Through the end of September 2007 the portfolio was up 9.94%, not too shabby! The leader was (ANW: 27.45 +0.43 +1.59%) up 39% in just two weeks. Following were (GIGM: 3.28 +0.14 +4.46%) and (SLW: 15.87 +0.55 +3.59%) up 31% and 25%. These were two of the earliest stocks in the portfolio. The laggers were (VSE: 0.00 N/A N/A), (SFL: 18.79 -0.43 -2.24%) and (TMA: 0.79 0.00 0.00%), down 7%, 5% and 4%. No dividends were earned during the holding period of the stocks.
Going forward from here I plan to track the portfolio on a quarterly basis with an extensive review at the end of each quarter. There will be shorter monthly updates and individual stock reviews as they are newsworthy. The positions will be rebalanced to and equal dollar value at the beginning of each quarter for easier tracking.
I will have a little more free time in the near future, so I plan on more research time so I can add some companies to the portfolio. The first bunch was primarily stocks or sectors I have been watching. I want to diversify into some new areas, so check back for updates.
Finally, I plan to make some changes to this blog to make the 20 Stock Portfolio information easier to find and read.
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Please do make the 20 stocks easier to find I always lose them.