The Sharpe Income category be found by clicking on that red ‘Sharpe Income’ tag next to this post title, or by clicking here.
We continue the discussion from the last entry.
We began this project with only $500. All in an effort to help out the small retail investor who doesn’t have a lot of money, understand the importance of growing an income account, as opposed to a trading account. Remember that these numbers are computed off of Friday’s close and are updated each week. It’s live … as it happens …
Total Sharpe Income Balance: $4,163.68
Total Sharpe Income Project Return 2016 Forward: +10.45%
Total Sharpe Income YTD Return: + 3.00 %
Sharpe Income Total Yield: + 4.72 %
Sharpe Income YTD Paid Yield on Cost: + 1.73 %
Total Sharpe Income YTD Maximum Draw-down: – 1.53 %
iShares Barclay’s IEF YTD Return: + 3.70 %
S&P 500 Index YTD Return: + 8.34 %
S&P 500 Index YTD Maximum Draw-down: – 2.61 %
We are ‘shoring up’ our ‘reserve cash’ as of late, and therefore we are going to place 100% of this weeks ‘capital deposit’ in the category for ‘Reserve Cash’. Once again … we are not segmenting the capital to cash for ‘Income Asset’ purchases in the future. We are not segmenting it to cash for future ‘Capital Gains’ Trades. We are simply sticking that capital in ‘Reserve Cash’ … where it will stay.
Thus, the cash is reserved thusly …
Total Cash: $905.32
Income Assets Cash: $110.06
Capital Gains Cash: $520.26
Reserve Cash: $275.00
Cash for Income Assets: $0.00
Cash for Capital Gains Allocation: $0.00
For Simple Reserve Cash: $275.00
We have been concentrating our ‘weekly capital’ contribution, to shoring up the Reserve Cash. This ‘overall strategy’ decision to shore-up that section of this project is nearing it’s end. Maybe one more week of that, and that’ll be it. At which point, it will be time to concentrate on other matters for this project.
So as we are completing this little ‘phase’ of building up the ‘reserve cash’, we thought it time to really ‘button-up’ the spreadsheet (link below) . To make sure everything was up to date.
It turns out there was a few things to bring up to date. The “Month-by-month” performance tab needed some updates. As did some cash formulas. But we think we have everything caught up now.
Now if you are in the Contiguous United States, go outside and enjoy the eclipse …
The link to the Google Drive Spreadsheet that you can view, that we will edit, build upon and refer to over time can be found at this link.
The supplemental information on the forums of the Short-Term Trading Course describes the process behind the Sharpe Income project.
We continue the Sharpe Income project with this next entry.