SHARPE INCOME … PCY Purchase for the Project

Posted on Jan 29 2016 - 12:19pm by Dan

The original Sharpe Income post that explains this project can be found here.

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 are seeing risk take a bit of a jump here.

We have some funds, we can use to purchase assets for this projects capital gains strategy, that we have discussed previously is nestled within this project.  The instruments we use for capital gains are … TLT, JNK, IVV, PCY, QQQ.

Well, we’re going to use some of those funds to pick up just a few shares of one of those assets.

A few minutes after this post has been published, although I could buy quite a bit of PCY, I’m just going to buy a nibble at these levels.  Maximum allotment for PCY, for the size of this project, I think would be 3 shares.  Remember, we can purchase these shares commission free, through the Brokers ETF Commission free program.

So for this project, I’m only going to buy 2 shares of PCY, from the cash that we have set aside for this purpose.  I will update the spreadsheet a bit later today.

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.

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