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 the numbers are computed off of the close of the last day of trading in February, 2017 …
Total Sharpe Income Balance: $3,582.56
Total Sharpe Income YTD Return: + 3.47 %
Sharpe Income YTD Paid Yield on Cost: + 0.09 %
Total Sharpe Income YTD Maximum Draw-down: – 0.63 %
iShares Barclay’s IEF Return: + 1.90 %
S&P 500 Index YTD Return: + 5.57 %
S&P 500 Index YTD Maximum Draw-down: – 0.89 %
We had our regular Monday ‘Sharpe Income‘ entry a few days ago.
However, we have arrived at the end of the month. And as anyone who has followed our work for any length of time should know, we oft emphasize the importance of keeping good records. If you don’t know how you are performing in black and white, it’s hard to see how you can improve. Besides … it is only by keeping records, that we can come up with all of our nifty little charts that everyone likes to look at to visualize the data …
The PCY dividend has posted, and therefore been counted as part of the project and recorded on the spreadsheet. However, since these are the numbers for February, we did not count the Wells Fargo (WFC) dividend that posted today on March 1st.
And so here we are. The PDF is attached below.
Do not forget, that you can discover how we find such income stocks that are held for years at a time, in Sharpe Trade’s Valuation Investing Course. We discuss this particular project, more in-depth via Sharpe Trade’s Short-Term Trading Course.
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..
We continue the Sharpe Income project with this next entry.