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: $2,411.15
Total Sharpe Income YTD Return: + 2.89 %
Sharpe Income YTD Yield: + 2.17 %
Total Sharpe Income YTD Maximum Draw-down: – 6.84 %
iShares Barclay’s IEF Return: + 6.3 %
S&P 500 Index YTD Return: + 2.55 %
House-Keeping / Maintenance
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. Among our ‘Income Assets’, we were also paid our IBM dividend last week. We were also paid two dividends in our ‘Capital Gains’ strategy. So our cash on hand is reserved thusly …
In the capital gains strategy, I am going to consider the IVV position as sold, at current prices. So a few minutes after this post is published? We’ll consider IVV as gone and sold. We’ll update the spreadsheet, a bit later. At this point, it could be that the Stock Market will drop farther.
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.