(We continue ‘The Sharpe Income‘ Project from the previous entry)
So from yesterday’s entry, I’ve been mulling over what we are going to do.
Do we move cash from an allocation of “dry powder” over to purchase what we are now calling “Income Asset #3”? Or do we move the cash over to the Capital Gains segment; as we prefer that portion of this project to have a larger amount of capital dedicated to that strategy?
Well, here’s what we are going to do. We are going to move $132.16 from our Reserve Cash ‘Dry Powder’ Category, over to the Income Asset Allocation. That will give us $303.00 to purchase “Income Asset #3” in the future. It will leave $42.84 in in the category reserved as “dry powder”. Cash that we simply have ‘on hand’ and can move about as we wish.
So what is “Income Asset #3”? We will announce exactly what asset that is, in the future entries …
(We will continue the free ‘Sharpe Income‘ Project in this next entry)