Updated: 05.05.13 Hello, My name is Todd Johnson. I’m a family man, sports fiend, health nut, technology buff, long-time stock investor and a very lucky mountain climber – hardly enough to completely distinguish me from many 50 year-old males living in Albuquerque, or anywhere else for that... More
Today marks 4-months of up and running. It's still building out the entire process: a to z, but we are making progress. Below are the results, status:
Here they are - CPA reviewed:
12.06.2011 - 04.07.2012
1. +8.03% net return. That includes hedging losses amounting to over 2%. The accrued dividends are not included in the 8.03% return. As of today, $1,084.40 is accrued dividends and we are awaiting for payment date. They will be recorded in the net return on payment date.
2. What is not included is $900 in received option income. There is also a received/accrued $2,173 income received but pending a roll. If the trade plays out appropriately, the net income would be a positive $3,173.
We have more positions open with the majority being profitable at this time.
3. We have a more than 50% of our positions hedged at this time. It is a market neutral portfolio.
4. We have had two online successful training classes.
5. I have met some good people who I consider friends.
6. We have a high yielding portfolio.
The bottom line with the portfolio:
"No excuses. No minute-to-minute trading. Just results".
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4-Month Performance Update DividendLab.com Newsletter 2 comments
Today marks 4-months of up and running. It's still building out the entire process: a to z, but we are making progress. Below are the results, status:
Here they are - CPA reviewed:
12.06.2011 - 04.07.2012
1. +8.03% net return. That includes hedging losses amounting to over 2%. The accrued dividends are not included in the 8.03% return. As of today, $1,084.40 is accrued dividends and we are awaiting for payment date. They will be recorded in the net return on payment date.
2. What is not included is $900 in received option income. There is also a received/accrued $2,173 income received but pending a roll. If the trade plays out appropriately, the net income would be a positive $3,173.
We have more positions open with the majority being profitable at this time.
3. We have a more than 50% of our positions hedged at this time. It is a market neutral portfolio.
4. We have had two online successful training classes.
5. I have met some good people who I consider friends.
6. We have a high yielding portfolio.
The bottom line with the portfolio:
"No excuses. No minute-to-minute trading. Just results".
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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