Wednesday, February 13, 2013

Portfolio Update (6 months later)

My portfolio gains versus the S&P, Dow, and NASDAQ.
It's been about 6 months now after I bought my first round of stocks. Overall, my portfolio has performed consistently well and netted a total return of 12% so far, which amounts to about $600 of passive, tax-free income. In this post, I will summarize the results below with a bit of commentary.

First, let me go over my current portfolio as well as some positions that I've closed since my initial purchase.

Company Ticker Status % Gain
Cisco Systems Inc. CSCO Closed 16%
Citigroup Inc. C Closed 14%
Hewlett-Packard Company HPQ Open -3%
Intel Corporation INTC Open -8%
JetBlue Airways Corporation JBLU Open 21%
JPMorgan Chase & Co. JPM Closed 8%
Knight Capital Group Inc. KCG Open 24%
NRG Energy Inc. NRG Open 17%
Office Depot Inc. ODP Closed 14%
Pepco Holdings, Inc. POM Open 2%
PG&E Corporation PCG Open -7%
Safeway Inc. SWY Open 32%
Staples, Inc. SPLS Closed 9%
Xerox Corporation XRX Open 16%

As you can see, I closed positions in Cisco, Citigroup, JPMorgan Chase, Office Depot, and Staples.

Obligatory Disclaimer

The author is not a financial adviser, tax accountant, or lawyer and disclaims any and all liability for the contents of this blog. The information reflects the author's personal research and experience, which may contain errata.