Review of Jon’s Portfolio

This week I added only one stock selection to my portfolio, while keeping cash on the side continuing to look for opportunities that meet my investing criteria. I bought into Radio Shack (RSH), purchasing 335 shares at the closing price on Tuesday (22nd) of $17.87/share. My rationale behind the purchase included the same reasoning as most of all my purchases, a high ROIC, low P/B ratio, and a somewhat healthy dividend yield. The company has a product line mainly pertaining towards electronic equipment and accessories. The main competitors are companies such as Best Buy and Circuit City. Where I feel Radio Shack has the leg up on both of the prior companies is customer ease of purchase and availability of low priced, but high margin items.

The performances of my selections from last week were lackluster, under performing the market as a whole for the week. I still believe in the selection of both, however, and still see growth on the horizon.  

I see no reason to rush into the market prematurely, until I find investments that I find attractive. I cannot remember the quote word for word, but Warren Buffett said something along the lines “if an investor is looking to do something foolish, I will be there to help them along the way”.

Performance:

Ticker
Total Cost
Current Value
%Gain/Loss
AIG
$6,626.05
$6,626.55
0.01%
CHKE
$4,495.47
$4,515.72
0.45%
RSH
$5,996.45
$5,986.45
-0.17%
 
 
 
 
CASH
$82,882.03
 
TOTAL
$17,117.97
$100,010.75
0.10%
 
 
Performance
Weeks Change
Overall
S&P 500
1.07%
1.07%
DJIA
1.01%
1.01%
Portfolio
 
0.10%
0.10%

 



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