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: $2,661.16
Total Sharpe Income YTD Return: + 4.86 %
Sharpe Income YTD Paid Yield on Cost: + 2.17 %
Total Sharpe Income YTD Maximum Draw-down: – 6.84 %
iShares Barclay’s IEF Return: + 7.00 %
S&P 500 Index YTD Return: + 6.80 %
House-Keeping / Maintenance
The PCY dividend was paid last week inside of our embedded ‘Capital Gains’ strategy; and has been accounted for on the spreadsheet. This week the entire capital deposit is placed in our “dry powder” category. Simply put, capital we keep on hand that we can use in any aspect of the project in the future. So our cash on hand is reserved thusly …
As I looked over the project this week I thought we could ask a few questions before we review the performance …
(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.