Four Months Out – The PiggyBankBuilder Portfolio Update

disasterFour months past and the bleeding hasn’t stopped. A few bright spots, but the general direction is still down down down. My fake portfolio’s performance is the reason why I have this disclaimer.  **Please remember that I am not an investment professional. I have not invested any of my own money in these securities and I would caution my reader from doing so either. This is for educational purposes only.

Where the portfolio stands now:

  1. ishares Silver Trust(SLV) – Purchase Price: $29.48, number of shares 42. Current Price: $22.52 Loss of $292.32
  2. Cablevision(CVC) – Purchase Price $15.05, number of shares 82. Current Price: $15.82 Gain of 63.14
  3. Alpha Nat. Resources(ANR) – Purchase Price $10.28, number of shares 117. Current Price: $6.98 Loss of $386.10
  4. FaceBook(FB) – Purchase Price $29.22, number of shares 42. Current Price: $26.96 Loss of $94.92

First off this fictitious investment portfolio has lost $710.20. Terrible, that seems like the best word to describe my performance to date. On the plus side one of my investments has turned green, CVC. I continue to believe as I did last month that SLV will recover. I also continue to be shocked at how poorly my natural gas play is doing. I will hold to my $1000.00 loss limit and I hope I don’t hit it in the next month. Stay tuned, perhaps The PiggyBankBuilder Portfolio will fair better next month, perhaps it will end in failure. We shall see.

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