Portfolio 701: Continue to climb
January 15th 2007 11:27
The transaction costs are still shaving the profits to the negatives but returns and performance wise, Portfolio 701*, climbed into positive territory for the second day together with the overall market.
Closing at a total value of $52,455, Portfolio 701 added 0.22% to 0.58% in terms of return. After-costs profit closed at -$745, a far contrast from the early days of last week which was in the thousands.
A total of eight are in positive profits and three neutrals out of the thirty five shares in the portfolio.
On the other hand, Portfolio 1.5-EW*, bounced back with a vengence as it added 0.89% to a closing of 38.14%, with total valuation at $58,182 and profits after costs at $15,135.
The return of Portfolio 1.5-EW* back to its good heyday brings up the question; "Has the steam not run out yet?" A question well worthy of further analysis.
On Monday 15th January, 2007, the market closed at a record high with the ASX S&P 200 benchmark index closed 35 points higher to 5,673.8 points as gains from various sectors added the backing on top of a rather flat lead from Wall Street on Friday.
*Disclosure
NOT SPECIFIC INVESTMENT ADVICE
This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.
The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.
The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.
Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.
PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.
ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.
Closing at a total value of $52,455, Portfolio 701 added 0.22% to 0.58% in terms of return. After-costs profit closed at -$745, a far contrast from the early days of last week which was in the thousands.
A total of eight are in positive profits and three neutrals out of the thirty five shares in the portfolio.
On the other hand, Portfolio 1.5-EW*, bounced back with a vengence as it added 0.89% to a closing of 38.14%, with total valuation at $58,182 and profits after costs at $15,135.
The return of Portfolio 1.5-EW* back to its good heyday brings up the question; "Has the steam not run out yet?" A question well worthy of further analysis.
On Monday 15th January, 2007, the market closed at a record high with the ASX S&P 200 benchmark index closed 35 points higher to 5,673.8 points as gains from various sectors added the backing on top of a rather flat lead from Wall Street on Friday.
*Disclosure
NOT SPECIFIC INVESTMENT ADVICE
This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person.
The blogger makes no recommendations as to the merits of any investment opportunity referred to in its website. It is advisable to obtain specific investment advice before making anyinvestment decisions relying on the information provided. While the information available in this publication is obtained from sources believed to be reliable, the blogger gives no assurances or guarantees that the information is accurate, complete or current.
The information is provided for informational purposes only and not intended to constitute legal, financial or professional advice. It has no regard to the investment objectives or circumstances (financial or otherwise) of particular recipients, and is not an exhaustive outline of available investment opportunities.
Appropriate professional advice should be obtained prior to acting on any information contained in this publication. The blogger will not be liable for any loss or damage incurred by any person directly or indirectly as a result of reliance on the information contained in this publication.
PAST RESULTS
Any past results shown or mentioned in any of our reports or web pages do not guarantee future performance.
ACCURACY OF DATA
Whilst all information on this site is believed to be accurate, we take no responsibility and give no assurances that it is accurate. We advise that you to double check any
data before acting upon this information.
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