We are six months into 2014 and my educational fictitious portfolio is growing by leaps and bounds. It’s performing so well that I am kicking myself for not following my own advice, perhaps next year. Two quarters in the books and here is where things stand:
- Market Vectors Oil Services ETF (OIH) – Purchase Price – $47.98, number of shares 26. Current Price: $57.68, a gain of $252.20
- Cablevision (CVC) – Purchase price – $17.96, number of shares 68. Current Price: $18.29, a gain of $23.12
- Microsoft (MSFT) – Purchase price $37.47, number of 33. Current Price: $41.80, a gain of $142.89
- iShares Silver Trust (SLV) – Purchase Price $18.92, number of shares 66. Current Price: $20.29, a gain of $90.42
That is correct, not only is the portfolio up big, but all four stock are, for the first time, green as well. My fake portfolio is up $508.68, a hair over 10%! I can’t help but give myself a pat on the back. Last years portfolio was a failure, but I took those lessons and I applied them. I am feeling confident in the rest of the year, but I do plan to make some changes as we end the summer. Keep an eye out for my next big idea and please tell me what you think of my progress.
***Please not that I am not and investment advisor.Please consult your investment advisors before making any financial decisions that could result in loss.