As 2009 has come to a close, it’s time to take a look at the Against the Sky Portfolio, check its performance, and test its asset allocation. Overall, I’m pleased with the performance of the portfolio, but in my search for value, I suspect that I’ve drifted from its original intent. (more…)
Earnings season is well under way, but before I turn to some of the my holdings and watchlist stocks, I thought I’d look back at the performance of the Against the Sky Portfolio and share some thoughts on the market. I recently updated my Performance page as Icarra seems to no longer be supported (Take a look here). (more…)
2008 was certainly a difficult year to start a portfolio. The Net Asset Value of the portfolio fell from $100 to $70.32, a decline of 29.7%. The Against the Sky Portfolio still outpaced the S&P 500 by 1.19%. However, this is due in large part to the deliberate pace of investment of the portfolio’s cash rather than any investment skill.
A chart of the portfolio’s performance is at icarra.
The first quarter of the Against the Sky Portfolio is now complete, so it’s time to review the progress of the portfolio. The major goals of the portfolio are 1) preservation of capital, 2) Diversification, 3) Income, and 4) Growth. One of the major challenges of this portfolio at the outset is carefully investing the cash at good value points. Below is a table summarizing returns and the allocation of capital relative to the portfolio’s target allocation. (more…)
About a week ago, I wrote an article about stocks that I planned to buy. I purchased all of these companies except Jupitermedia. This portfolio is still largely held in cash. If the market takes off following the recent fed rate cuts, this portfolio will obviously lag the market. Despite this fact, I think it is important to be patient and to find good value. There should be a lot of value out there right now, but I will endeavor to perform careful analysis of each potential purchase. (more…)
With the S&P 500 down about 8.6% for the year, it seems like a good time to look for some bargains among the stocks that I have researched. Some of the cash within the Against the Sky Portfolio needs to be put to work. Below are some additions that will likely occur over the next week provided that prices do not rise about certain price targets. (more…)
It is time to introduce the second of the Poetic Portfolios. This one is named “Against the Sky.” This portfolio will be a more conservative and diversified portfolio with an emphasis on preservation of capital, diversification, income, and finally growth. The hope is that this portfolio will produce at least use a 2% monthly yield based on the initial investment or a 24% annual yield based on the initial investment within 10 years. This will be achieved through investments in bond funds, dividend paying stocks, and growth stocks. (more…)
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