Month three is in the books and the portfolio is mostly positive. Silver gave back some green and CVC shaved off some red.
- Market Vectors Oil Services ETF (OIH) – Purchase Price – $47.98, number of shares 26. Current Price: $49.45, a gain of $38.22
- Cablevision (CVC) – Purchase price – $17.96, number of shares 68. Current Price: $16.57, a loss of $94.52
- Microsoft (MSFT) – Purchase price $37.47, number of 33. Current Price: $39.56, a gain of $68.97
- iShares Silver Trust (SLV) – Purchase Price $18.92, number of shares 66. Current Price: $18.96, a gain of $2.64
The three month progress so far is a gain of $15.31. This is a slight dip from last month. Almost all of the ground that was lost in silver. I find this a bit confusing because historically precious metals have done well during times of uncertainty. Despite the turmoil in Ukraine and bank runs in China silver and gold continue to slide in price. I am going to hold fast, I still like silver as a hedge against disaster. The other three stocks have continued to improve with Microsoft looking pretty strong.
The portfolio is slightly green which is much much better than I did last year (a loss of over 500 dollars). One quarter in and I am feeling pretty confident. I guess will see how that pans out next month.
*Please not that I am not and investment advisor.Please consult your investment advisors before making any financial decisions that could result in loss.