Well a week has gone by since I started this portfolio. After considering buying a few stocks today, I have decided to leave the portfolio unchanged this week. It still is only 3 stocks – very dangerous diversification level, but I just don’t feel comfortable with any of the stocks I looked at today. There is no reason to rush into purchases.
This portfolio will follow our modernized Benjamin Graham value investing approach, starting with $100,000 and $10 commissions. Taxes are ignored.
The performance of the 3 stocks was pretty good this week. They were all up. Overall the portfolio outperformed the Dow, but not the S&P 500 this week. I think that’s pretty good, considering I only have about 20% of the funds invested – the rest are just sitting there doing nothing.
This week’s snapshot:
|Index Performance||Week’s Change|