Portfolio Management

Portfolio Management


Living a simple lifestyle, I like to keep my asset allocation simple as well. Starting in 6/1/2021 I am going to start a log of a simple investment portfolio. If you are looking for something like investing money for beginners, this will be it. My goal with this account is to add 10% of my monthly income to it and log the portfolio management. From adding to my current positions, building a dividend portfolio, and swing trading leveraged etfs all that will be documented here. Once it hit's $500,000 we can move it into positions that pay close to 10% yield a year and bring in 50k a year in dividends or shoot for 1 million and put it in something less risky that will average us 5% and bring in 50k a year in dividends. Could you live on that? Time will tell. We want to see a lot of portfolio growth from finding opportunity in the stock market.  

 

We will stick to the basics to keep life simple. We will be cautious, wise, and seek opportunities.  

“Then take whatever portion seems wise. Let it be not less than one-tenth and lay it by. Arrange your other expenditures to do this if necessary. But lay by that portion first. Soon you will realize what a rich feeling it is to own a treasure upon which you alone have claim. As it grows it will stimulate you. A new joy of life will thrill you. Greater efforts will come to you to earn more. For of your increased earnings, will not the same percentage be also yours to keep? “Then learn to make your treasure work for you. Make it your slave. Make its children and its children’s children work for you. “Insure an income for thy future. Look thou at the aged and forget not that in the days to come thou also will be numbered among them. Therefore invest thy treasure with greatest caution that it be not lost. Usurious rates of return are deceitful sirens that sing but to lure the unwary upon the rocks of loss and remorse.” The Richest Man in Babylon  

    

Account Summary 

 
 
 
 
 
 
 

Net Account Value 

Total Gain $ 

Total Gain % 

 
 
 
 
 

1024.78 

-1.9 

-0.19 

  
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

View Summary - Anthony 

 
 
 
 
 

Symbol 

Total Gain $ 

Total Gain % 

Of Portfolio 

Value $ 

Total Cost 


Quantiy 


PRHSX 

1.0706 

0.5282 

19.8842 

203.77 

202.69


1.988 


PRDGX 

4.0919 

2.046 

19.9152 

204.0881 

199.99


3.047 


PRGTX 

-5.3555 

-1.3349 

38.6253 

395.8253 

401.18


13.668 


DIV 

-1.71 

-0.7675 

21.5753 

221.1 

222.81 


11 


CASH 

 
 
 

0 

 
 
 

TOTAL 

-1.9 

-0.19 

 

1024.78 

 

1026.69 

 
 
 
 
 
 
 
 
 

Generated on May 29, 2021, 09:38 AM ET.  



For June I found it a good time to enter AbbVie Pharma or $ABBV. I also added the remaining cash to PRHSX. If your like to see why I think adding $ABBV now was a good idea see AbbVie Stock Buying Opportunity. Any additional income this month, 10% of it will be used to balance out these 5 positions so each make up  20% of my portfolio.

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