I've posted the pdf version of an article that everyone who has money should read. Seriously. It is absolutley timeless and will help you decide how to intelligently handle your investments throughout your life. This article will create value for you by providing you the mental framework to an intelligent investing approach and in turn give you confidence in your approach.
Warren Buffet has proven that he is simply the best at investing. As it is in any field, we should always study the best to learn from their great successes. There is absolutley no need to try to re-invent the wheel. Read this article and enjoy the simplicity of what you will learn. It will take the fear out of investing.
Listed below are our sample portfolios which we welcome you to folow for free. They are intended for demonstrative purposes. These portfolios will provide an insight as to our preferred methodology in achieving intelligent investment returns. The tactics, and therefore the returns, can and should be adjusted for your specific goals and investment comfort levels. One portfolio is for US listed securities and one for Canadian listed securities. Each began with $100,000.00 CAD, meaning at the time of inception on November 23, 2011, the USD portfolio was valued at $95,370.00 USD based on the Bank of Canada closing rate of $1.0485 USD/CAD.
We post these portfolios here for your review, to demonstrate the effects of our stock selection and hedging strategies through the various market conditions over time.
Current portfolio statements:
Like the results of what you see in our practice portfolios? Interested in benefitting from a similar approach for your portfolios? We can help you with that, so let's talk.
So, no sooner do I write that there won't be frequent updates and then I have one! I love life's irony's. I have made one addition this morning to the CAD portfolio; Buy 400 CPX @ $25.21. Now, if you are following along then I would recommend to; Sell CPX Feb 26 Call @ $0.60. I have put that very order in but there is currently no option volume on that series and since this is a practice portfolio and the program uses historic data, I have no way to execute the transaction. I need a real time transaction to occur in order to register a transaction in the practice account.
I will use this space to update you on the changes to each portfolio as they occur. That said, you shouldn't anticipate daily updates because our style does not require that many changes.As we hedge virtually all of our positions with options, you can expect changes on and around the third Friday of each month when option contracts expire.
I will also use this space to give you commentary on developments and news stories regarding our existing portfolio holdings.This will hopefully give you an understanding into what I believe makes for intelligent investing.