(We continue ‘The Sharpe Income‘ Project from the previous entry)
A few things to cover regarding the free ‘Sharpe Income‘ project we run here at Sharpe Trade.
First of all, a Wells Fargo (WFC) dividend has posted, and this will soon be recorded on the spreadsheet.
At the same time, we are going to sell all of the assets in the category we simply refer to as the ‘Capital Gains’ strategy. Sell PCY. Sell IVV, and SHY and TLT. All of it. Sell it all, and go straight to cash. Naturally, we keep the ‘Income Assets’ as they are. Keep IBM, PFF, MSFT, UNP and WFC.
After the sale of PCY, IVV, SHY and TLT is completed? Then we will transfer $85.00 from the “Reserve Cash” category that you can find on yesterday’s PDF, and move it over to the “Capital Gains” category. Also transfer $15.00 from that same ‘Reserve Cash’ category, and move it over to the ‘Income Assets’ category.
That’s all for now.
Sell everything in the ‘Capital Gains’ strategy. Keep the ‘Income Assets’ as they are. And then transfer cash into the two categories. We will announce any other moves in future entries.
(We will continue the free ‘Sharpe Income‘ Project in this next entry)