Trading Account:

New [tag]stock picks[/tag] this week:

Stocks bought or added to portfolio this week:
Bought 20 V @ 84.04
Bought 50 MED @ 32.53

Stocks dropped from portfolio this week:
Visa (V)
Medifast (MED)

Stocks watched this week:

none

Existing & new [tag]holdings[/tag]:

Symbol

Qty

Last

Gain($)

Gain(%)

Stop

ATR

Risk to stop (%)

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Contribution this week: $200

Current [tag]capital exposure[/tag]: 6.00%     

New positions available to open: 3     

Starting [tag]account value[/tag] = $2,107.57

Account value = $1,980.90  (without margin)

Buying power = $1,980.90

[tag]Portfolio Gain/loss[/tag] this week = -14.16%

[tag]Portfolio[/tag] Gain/Loss for MAY 2010 = -14.16%

Portfolio Gain/loss for 2010 = -30.05%

[tag]Annual Return[/tag] (CAGR): -29.20%

Shame on me for what I did last Friday when I jumped in breaking all my trading rules. I do not know why I did it. I just woke up in the morning and felt “this is it, the price couldn’t go any lower…” Unfortunately, it could and it did. And I lost money once again. I am still angry with myself for doing such a stupid thing. I realized that it was all wrong just after I hit “buy” button and then I was asking myself: “What have you done?” Well, I paid once again for this lesson and it ws quite costly one. Being greedy and trading emotionally doesn’t work. After all the years of creating a strategy of picking the proper stocks, defining the entry point, trailing the stop loss I do such a stupid move!! Incredible. Now it will take a really hard work to fix this mess and make that money back. Maybe it was just another reminder how important it is to stick to your rules.

Lending Club:

Debt notes

Available cash:	$6.61
In Funding Notes:	$100.00
Outstanding Principal:	$295.45
Accrued Interest:	$2.15
Account Total:	$404.21	Net Annualized Return:	13.29%
Contributions this week:	$100.00
Weighted Average Rate:	11.56%
Expected Monthly Payments:	$9.86
Payments to Date:	$6.69
Principal Payments:	$4.55
Interest Payments:	$2.14
Late Fees Received:	$0.00

 
 

ROTH IRA Account:

New [tag]stock picks[/tag] this week:
05/06/2010 Bought 4.241 SWDSX @ $11.79

Existing & new [tag]holdings[/tag]:

NTF Mutual Funds

Symbol	Qty	Last	Gain($)	Gain(%)	Div. Y(%)	Port. (%)
AIGYX	83.472	13.26	106.84	10.68	7.13	32
ATIPX	106.395	9.00	17.38	1.85	7.04	27
HISIX	26.918	6.50	-25.03	-12.52	4.97	5
SICNX	54.495	6.61	-39.78	-9.95	4.97	10
SWDSX	53.286	11.61	14.48	2.40	4.00	18
SWLSX	29.814	9.63	18.19	6.76	1.63	8

Individual ETFs

Symbol	Qty	Last	Gain($)	Gain(%)	Div. Y(%)	Portfolio (%)
AOD	219.0	8.13	-223.38	-11.15	17.39	85
IGD	29.0	11.07	-35.67	-10.00	13.65	15

Individual stocks

Symbol

Qty

Last

Gain($)

Gain(%)

Div. Y(%)

Portfolio (%)

Account target and current allocation

Individual stocks	0	42%	0%
NTF Mutual funds	3,505.33	38%	59%
ETFs	2,101.50	20%	35%

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Contribution this week: $50

Starting [tag]account value[/tag] = $6,293.15

Account value = $5,939.31 

Dividends received in May 2010 = $5.01

Dividends received in 2010 = $111.73

Portfolio dividends yield 2010 = 1.78%

Portfolio dividends yield lifetime = 3.30%

Dividends received lifetime = $195.85

[tag]Portfolio Gain/loss[/tag] this week = -6.37%

[tag]Portfolio[/tag] Gain/Loss for MAY 2010 = -6.37%

Portfolio Gain/loss for 2010 = -2.49%

[tag]Annual Return[/tag] (CAGR): -4.27%

[tag]Portfolio Return[/tag] since inception: -13.61%

I had to make some changes in my target allocation holdings. I decided to replace Alpine Dynamic Dividend (ADVDX) with Gabelli Utilities AAA (GABUX) since it will be cheaper for me to buy this fund than Alpine. The minimum investment for this fund is only $250 and it buys utilities which pay dividends. It also have better performance than ADVDX.

Another change I was forced to do is replacing Aquila Three Peaks High Income I (ATIPX) with PIMCO High Yield R (PHYRX) since ATIPX is no longer available through my broker. I am going to keep the fund, but will no longer be able to invest in this fund. PIMCO fund is similar to Aquila one, it has no initial investmet, so I can invest as little as $1 to it with no transaction fees and its ranking is similar (as per Morningstar). Unfortunately its turnover ratio is way too worse and its expense ratio as well, but I couldn’t find better replacement for ATIPX. If I do not find a way how to continue investing into ATIPX in my Roth IRA account I will continue investing in PHYRX. I use those funds as a savings vehicle anyway and as soon as I save enough I will sell and buy dividend stocks or ETFs anyway.

The last replacement I did this week was replacing Northern Global Fixed Income (NOIFX) with an index fund Homestead Stock Index (HSTIX). It is an index fund mirroring S&P 500 index and I also increased its target allocation to 18% of the entire portfolio. I haven’t invested in NOIFX or HSTIX yet, but when I start allocating my free money, it no longer will be NOIFX.

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