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 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: $2,764.22
Total Sharpe Income YTD Return: + 3.17 %
Sharpe Income YTD Paid Yield on Cost: + 2.41 %
Total Sharpe Income YTD Maximum Draw-down: – 6.84 %
iShares Barclay’s IEF Return: + 6.40 %
S&P 500 Index YTD Return: + 4.66 %
S&P 500 Index YTD Maximum Draw-down: – 11.24 %
As you will note on the PDF … we have placed this weeks ‘capital deposit’ in the category reserved as “dry powder”. Cash we simply have ‘on hand’ and can move about as we wish.
Now … we have entered FOMC week.
And I think I’m gearing up to make some moves for this project. So stay tuned.
Oh, and by the way? The moves I am looking at possibly making have absolutely nothing to do with FOMC. We could make some maneuvers simply due to the capital we have on hand, and the processes I follow.
Any possible moves that we make … have nothing to do with chasing a market due to FOMC …
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.