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: $3,960.46
Total Sharpe Income YTD Return: + 3.53 %
Sharpe Income YTD Paid Yield on Cost: + 1.05 %
Total Sharpe Income YTD Maximum Draw-down: – 1.34 %
iShares Barclay’s IEF YTD Return: + 3.10 %
S&P 500 Index YTD Return: + 8.62 %
S&P 500 Index YTD Maximum Draw-down: – 2.61 %
This week, we are placing 100% of this weeks ‘capital deposit’ in the category segmented to the ‘capital gains’ strategy; which if you remember … is already sitting at 100% straight cash. Thus, the cash is reserved thusly …
Total Cash: $2,267.97
Income Assets Cash: $105.41
Capital Gains Cash: $2,112.56
Reserve Cash: $50.00
Cash for Income Assets: $0.00
Cash for Capital Gains Allocation: $0.00
Cash for Tier Capital: $50.00
A nice week for dividends.
In the last week, we were paid dividends from the PFF ETF, Miscrosoft (MSFT) and International Business Machines (IBM). These have been recorded on the spreadsheet (link below). And our inception to date yield now stands at around 4.04%. Not too bad. Especially as how our benchmark has only paid 3.97%, and we are also outperforming that benchmark.
We are beginning to ‘top off’ the cash to the cash in the ‘Capital Gains’ trading category of the project. We now stand at $2,112.56 in that category. We hope to have some trades soon, so keep your eye’s peeled.
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.