Tuesday, April 5, 2011

Adding Money...

Yesterday I deposited an additional $25K in my account, increasing my total assets under management to roughly $171K.  Obviously this won't impact my IRR calculation - afterall this is simply an increase in AUM and not appreciation/depreciation of the stocks/options I hold. 

Additionally, since I track my returns relative to the S&P, I'll need to update my hypothetical S&P portfolio to keep everything on an apples-to-apples basis.  To do this I simply assume I purchased $25K of the SPY index fund at yesterday's closing price of $133.26, thereby creating a similar growth in AUM. 

Friday, April 1, 2011

Q1 2011 Returns

It looks like my good luck from Q4 of 2010 has continued into 2011, here's a quick summary of my performance for the first quarter:
  • I came into the year with $126,967 and finished Q1 with $145,937, for a gain of $18,970 (this increase was straight appreciation as I didn't deposit any money into my account). 
  • On a percentage basis my portfolio increased by 14.9% during the quarter, while the S&P only gained 5.9%.
  • I've been tracking my returns for 5 years and 3 months, during which time my annual rate of return has been 21.4%.  Had I invested in the S&P my annual return would've been 5.7%, or 15.7% lower PER YEAR. 
Click the image below for a screenshot of my portfolio on 3/31.  The bottom section shows each security along with my cash balance.  The top section is a little redundant, but I included it b/c it shows gain/loss %'s (note: TradeKing is having some sort of IT/user interface issue in the top section, and the line that shows negative 226 shares of KWG.GR [TTT's spinoff which I sold earlier this year] should be ignored). 

If you'd like to see where I started the year click here for my yearend 2010 write-up - http://mevsemt.blogspot.com/2011/01/alls-well-that-ends-well.html.  If you'd like a little more detail on how I calculate my returns click on the "My Returns So Far..." link to the right.  Lastly, as you can see I have a very concentrated portfolio, so I want to emphasize that my performance over the last 5 years could be heavily influenced by nothing other than dumb luck (but I like to think I'm doing something right).

Questions?  Comments?  Email mevsemt@gmail.com