This is an ongoing monthly update on how our equity investments are performing. Please see this background on the investment tool I developed and how I am using it to track our performance against a benchmark to measure our progress or lack thereof.
Its still a work in progress, any feedback is appreciated and may be incorporated into future monthly reports. The only equity investments not covered are:
1) my 401k which is invested in institutional index funds through my employer that I haven’t found a tracking symbol for.
2) investments roughly worth less than $500, simply because I don’t have the time and energy to keep up with them. I am thinking I will sell these off at some point and add the proceeds to my current investment portfolio because they are too much work to track.
May Highlights:
- May was another positive month with strong gains.
- We have now beaten our benchmark in 5 out of the past 6 months.
- New investment buying pretty much ground to a halt as equity valuations are quickly dimishing the attractive options I see. In the last 3 months our portfolio has grown 22+%. That kind of rise gives me a lot of pause on throwing fresh capital in the market.
May 2009 Investment Report:
