I ended my fictitious investment portfolio back in June. The reason was simple, losses. The portfolio hit its loss limit and in an effort to preserve capital I bailed. Was that the right move? Should have stuck to my guns? Let’s take a look and see where things would be right now.
- ishares Silver Trust(SLV) – Purchase Price: $29.48, number of shares 42. Current Price: $21.42 Loss of $338.52
- Cablevision(CVC) – Purchase Price $15.05, number of shares 82. Current Price: $17.65 Gain of $213.20
- Alpha Nat. Resources(ANR) – Purchase Price $10.28, number of shares 117. Current Price: $6.21 Loss of $476.19
- FaceBook(FB) – Purchase Price $29.22, number of shares 42. Current Price: $44.31 Gain of 633.78
The total net of this fake portfolio is: $32.27. In the time that has passed since June I would have earned back all of the money that I lost and would now be in the green. This is the madness of investing, it can be so hard to know what the right thing to do is. I will return to this portfolio one or two more times before the year is out and track the status. Perhaps this will help me make better decisions next year.