Two months remain in the year and my fictitious portfolio is chugging right along. Recently the stock market has taken a bit of a dive, let’s see how I did.
- Cablevision (CVC) – Purchase price – $17.96, number of shares 68. Current Price: $18.23 a gain of $18.63, down big from August.
- Microsoft (MSFT) – Purchase price $37.47, number of 33. Current Price: $47.33, a gain of $325.38, up slightly since August.
- iShares Silver Trust (SLV) – Purchase price $18.92, number of shares 66. Current Price: $15.39 a crushing loss of $232.98
- BlackBerry (BBRY) - Purchase price $9.25, number of shares 160, Current Price $10.16 a gain of $145.60
So as things stand now, my gains shrank to $256.63 or just over 5%. As you can see much of the damage was done by silver, while that is frustrating, my decision to dump oil and move over to BlackBerry has kept my portfolio green for the year.
These are choppy markets, and no one knows what is in store. Will today’s election spook Wall Street? Will low oil prices help the economy? I hope so. Looking out over the next two months I feel good about my portfolio’s short term prospects, but only 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.