S&P Midcap 400 Portfolio (^MID, MDY) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : S&P Midcap 400 Portfolio (^MID, MDY)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Londo who started this subject	12/25/2002 7:50:32 PM
From: Londo	of 181

Year end audit, 2002: I may be making some year-end trades, but I'll close the books between now and the last time I did an audit (message 95 on this board). Trades: 23 Portfolio value last year: $11530 Portfolio value now: $11252.31 Performance: -2.4% Couple observations: - I didn't give myself dividends for my MDY long. That would have added in an extra 10 bucks to the portfolio. But then again, since I'm not deducting commissions (assuming a brokerage like Interactive Brokers would have cost me roughly $30 in commissions for the year), I'll take the liberal assumption that both of these costs in terms of the portfolio are negligible (roughly 0.1 or 0.2% of performance). - MDY closed 2001 at 92.80, and is currently 79.29. Factoring in dividends (71 cents), this leaves a total return of -13.8% for MDY investors. I hardly traded in this portfolio, but it seems that minimising the exposure to the marketplace was the correct move. Whether I kept the portfolio out of the market due to choice or sheer negligence is an exercise to the reader. :) MDY between the end of 2000 and the end of 2002 would have yielded a total net return of -14.3%, after factoring in dividends.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next