The third year of my educational investment portfolio has completed its first month. Understandably I am hoping to avoid a repeat of year one’s failures and build on year two’s successes. The markets have been very choppy and mostly down in 2015. Since 3 out of 4 stocks follow the market I fully expected my portfolio to be red. Let’s look at my results:
- Krogers (KR) – Purchase price – $63.53, number of shares 23. Current Price: $69.68 a gain of $141.45
- Microsoft (MSFT) – Purchase price $46.76, number of 32. Current Price: $41.28, a loss of $175.36
- iShares Silver Trust (SLV) – Purchase price $15.11, number of shares 99. Current Price: $16.47 a gain of $134.64
- BlackBerry (BBRY) - Purchase price $10.82, number of shares 138, Current Price $10.07 a loss of $103.50
So after the dismal January my fictitious portfolio is up $2.77! Woo Hoo! I know it doesn’t sound like a big deal, but the market fell pretty hard and my balanced portfolio has thus far weathered that storm. If the market should turnaround and resume its climb I believe that I am positioned to do well. If it continues to slide I hope that silver will be my saving grace.
Which will it be? Is this a much needed correction or will the troubles in Europe damage the global economy? Entering its sixth year this bull market is very old and everyday I read something about the economy that gives me concern. Ever since the market crashed in 2007 I have been wary and wrong. 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.