Updating Ben’s Portfolio – November 2009
On the first Thursday of every month, I plan on reviewing the portfolio and making any changes that seem necessary.
You can see the portfolio in this google spreadsheet.
Here’s a snippet from the construction:
When constructing the portfolio, I began by deciding on asset allocation. I knew I wanted to stick to companies that we have in our database with a target allocation of 10% per company. However, I also feel that the market is currently well overbought and I am hesitant to put much into equities.
I still feel the market is well overbought (even more so now) and will leave the allocation the way it is for now. I also decided not to rebalance the portfolio at this time because the allocations are fairly close to their targets.
Here are the companies in the portfolio:
- TLH – iShares Barclay’s 10-20 Year Treasury Bond Fund
- HYG – iShares High Yield Bond
- National Presto Industries (NPK)
- Olin Corp (OLN)
- Emerson Electric Company (EMR)
- B&G Foods Inc (BGS)
- International Shipholding Corp (ISH)
Since the last update, the following transactions were made:
- Received $0.34/share dividend on 312 shares of TLH for $106.93.
- Received $0.70/share dividend on 173 shares of HYG for $121.89.
- Received $0.20/share dividend on 573 shares of OLN for $114.60.
- Received $0.36/share dividend on 312 shares of TLH for $113.50.
- Received $0.70/share dividend on 173 shares of HYG for $121.68.
- Received $0.34/share dividend on 250 shares of EMR for $83.75.
- Received $0.50/share dividend on 325 shares of ISH for $162.50.
Here is the portfolio in comparison to the DJIA and the S&P 500:
| Ben’s Portfolio | DJIA | S&P 500 | |
| Since Inception (9/30/09) | 2.98% | 6.51% | 3.65% |
| Quarter To Date | 2.98% | 6.51% | 3.65% |
| October 2009 | -1.89% | 0.00% | -1.98% |
| November 2009 | 4.96% | 6.51% | 5.74% |
| December 2009 | - | - | - |
Photo provided by zzzack.
FULL Disclaimer: Author held a long position in TLH, HYG, and NPK at the time of publication.
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