Celebrating the New Year Two Trading Days Early
December 27, 2013 at 19:21 PM EST
Pop the Champaign By Paul Price of Market Shadows Another week brought another record for our Virtual Value Portfolio. Market Shadows has been cashing in some chips recently as a few holdings hit their sell targets. Our cash reserve has swollen to $27,195 or almost 20% of our total portfolio value. Our original $100,000 has grown to $138,991 in about 14 months. We tacked on $2,357 or 1.72% in the holiday shortened trading week. This is a ‘plain vanilla’ portfolio. Our goal is to show what can be accomplished simply buying and selling value-oriented shares. We used no options and no margin in this account, yet we’ve managed to handily beat our benchmark, the Standard & Poors 500 ETF (SPY). See details on all our previous buys and sells by clicking here . Option players should check out our Virtual Put Writing Portfolio. Access the full history of closed-out and current options positions here.