OT portfolio:
Welcome. This should be interesting. Do the rules seem fair to all?
I think, for accounting purposes, it would be simplest to assume
that on 6-6-98 everyone was given $10000 to invest, and we start by
apportioning it the way our current portfolio is. It would be
helpful to show the stock price now, and whenever you buy or sell.
No new money is added. At the end, we convert everything to cash and
pay off all margin. Remind me to subtract the borrowing cost for my
margin (6.75%).
I notice neither of you are using options or margin. I will. This
will give me greater flexibility, greater return (assuming my stocks
go up!), and greater downside risk. At the moment, our horserace
depends on how amat and intc do. None of us believe in
diversification, cash, or electric utilities. All the stocks are
risky high-growth tech bets. Typical SI posters: male, aggressive,
gamblers. Tombet, could you state your investing rules and
philosophy? I think BK and I have already done that. It would be
helpful if we had a referee to check our numbers (I can do calculus
but not arithmetic). Anyone know how I can cut/paste/copy these
numbers and keep the columns lined up?
So, as of 6-6-98:
JS BK tombet
$ $ $
bsx 2363 cymi 1048 pair 1610
csco 2951 lrcz 1270 iom 1920
intc 7477 amat 6780 amat 6470
znlat 561 etc.
cash 0 0 0
margin 3351 0 0
equity 10000 10000 10000
total 13351 10000 10000
%gain 0% 0% 0% |
