October Portfolio Results

Here's what my portfolio looks like at the end of October (stocks were purchased on the morning of 10/26, during a substantial dip):



At this time, there's a 3.67% return.


A few relevant indices for comparison:

Index        Symbol     10/26       10/31      % Change
DJIA         ^DJI      12,100      12,080      -0.17%
S&P 500      ^GSPC      1,380       1,378      -0.15%
Nadaq        ^IXIC      2,350       2,365       0.64%
Wilshire 5k  ^DWC      13,834      13,829      -0.04%

So, so far, so good, but it hasn't been a week yet. The Magic Formula method calls for holding these stocks for about a year (sell early if you have a loss, and hold the winners over one year for the long-term capital gains tax rate, instead of the marginal tax rate).

I'm feeling confident now, but value investing often puts the investor at odds with the herd (you're often buying a stock everybody else hates), and it often gets pretty lonely out there.