Month 4 of the “PiggyBankBuilder Investment Portfolio”

Another month is in the books our fictional portfolio is about 2% in the green.   

  • Market Vectors Oil Services ETF (OIH) – Purchase Price – $47.98, number of shares 26. Current Price: $52.06, a gain of $106.08
  • Cablevision (CVC) – Purchase price – $17.96, number of shares 68. Current Price: $16.78, a loss of $80.24
  • Microsoft (MSFT) – Purchase price $37.47, number of 33. Current Price: $39.69, a gain of $73.26
  • iShares Silver Trust (SLV) – Purchase Price $18.92, number of shares 66. Current Price: $18.69, a loss of $15.18

As you can see a large portion of this months gains have come from increases in oil prices. This is partially seasonal, oil prices historically have risen as we enter the summer months. The other driver of higher oil prices in my opinion is the Russian conflict. As the Ukrainian tension continues to escalate and fears of a Russian invasion grow the energy markets have reacted.  Strangely silver, which is a measure of fear or a harbor of safety has not reacted accordingly. 

Going forward I am very excited about Microsofts prospects. They just reported a strong quarter and the financial media is gaining interest. Between that and what could be a big potential spike in oil prices I suspect that the portfolio will have a very strong month. As always, time will tell.   

 

***Please not that I am not and investment advisor.Please consult your investment advisors before making any financial decisions that could result in loss.

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