Great Week and New Pages Up

Saturday April 5, 2008

I have put up the pages for this site’s Income Portfolio and Growth Portfolio. These 2 portfolios will be replacing the 20 Stock Portfolio that I have been using here to track the stocks I am interested in. The 20 Stock Portfolio page will stay up for a while to redirect readers and category clickers to the new pages.

I am also going to make some admin changes to the Watch List page. The Yahoo Finance chart information has become too ungainly. The code builder from Yahoo that makes the chart only allows 10 stocks. I have hacked it a bit to get more, but I have reached some sort of limit in either that code or my page length here and I cannot get all of the Watch List stocks listed.

I have a page that lists selected articles, now renamed Top Articles. Listed there will be links to the posts of this site that have generated the most interest or I like really well.

Finally, this last week was definitely a relief from the train wreck of the 1st quarter. The now reorganized, 20 Stock Portfolio lost 12% in the first quarter. For the last week the new Income Portfolio was up 3.7% and, as would be expected, the more aggressive Growth Portfolio was up 7.8%. On my to-do list is to find an couple of indexes to reference my 2 portfolios against.

The 2nd quarter is off to a great start and I am working to improve the quality of information provided here. Let us hope both trends continue.

Filed Under Growth, Income, Watchlist

Comments

2 Responses to “Great Week and New Pages Up”

steve on April 6th, 2008 5:19 am

Your article on NAT misses the point seriously. A Tanker Company of 12 ships can be run by a group of 30 persons on shore, at the most.
How can they say that they run the ships very economically, and you endorse it as well, when some 18 million dollars a year go for administrative costs and stock options? It is a real scam. If this was a private company the total shore costs would not exceed 2 million dollars.
Glad you do not own them
Tim on April 6th, 2008 11:12 am

I would like to know where you get your numbers. Which shipping companies have general and admin expenses at around 1% of revenue? The NAT annual reports show $6.2 million in non-cash share based compensation. I looked at the income statements for FRO and TNP and NAT’s expenses do not seem out of line. Finally, I like NAT for there dividend policy and the company has been very sucessful providing an excellent payout.

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