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 $500. All in an effort to help out the small retail investor understand the importance of growing an income account, as opposed to a trading account. The following numbers are taken from our PDF that is attached below. Remember that the numbers are computed off of Friday’s close …
Total Sharpe Income Balance: $2,458.81
Total Sharpe Income YTD Return: + 2.79 %
Sharpe Income YTD Yield: + 2.17 %
Total Sharpe Income YTD Maximum Draw-down: – 6.84 %
iShares Barclay’s IEF Return: + 8.0 %
S&P 500 Index YTD Return: + 2.89 %
House-Keeping / Maintenance
This week the entire capital deposit is placed in our “Capital Gains” category. We were paid our Union Pacific (UNP) dividend last week. This has been noted, and recorded on the project spreadsheet. The PDF and video below will discuss how we have allocated the cash at this point.
So after the Brexit referendum, let’s discuss how the project stands and discuss the purchases we will be making tomorrow …
(Video Included. If you’re seeing this entry elsewhere and cannot play the video? Click this link to go to the exact video entry …)
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.