Review of Jon’s Portfolio

This week, I entered into no new transactions and let my cash sit on the sidelines. Here is the performance of the portfolio versus the major indices; all prices are used from closing of August 29, 2006.

Ticker
Total Cost
Current Value
 Gain/Loss
AIG
$6,626.05
$6,678.00
0.78%
CHKE
$4,495.47
$4,457.64
-0.84%
RSH
$5,996.45
$6,003.20
0.11%
CASH
$82,882.03
TOTAL
$17,117.97
$100,020.87
0.05%

PERFORMANCE
WEEKS CHANGE
OVERALL
S&P 500
1.26%
2.31%
DJIA
0.07%
1.56%
PORTFOLIO
-0.05%
0.05%

Overall the portfolio has performed poorly due to the fact that the portfolio is not properly diversified, and this will be fixed in the coming future. I will not, however, deviate from the investing patterns we believe in and put cash into the market simply for the reason of doing so. Looking at AIG being a large cap stock, it has produced the highest ROR of all three selections. Radio Shack came back nicely today from news of cuts in production that will loosen up production costs, and make the company leaner.

As Ben Clark stated earlier in his portfolio which I agree with, I would rather earn 0% with cash on hand, then loose money with a company that i’m not sure of.



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