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Portfolio Project

Portfolio Project

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Published by Chris Seifert
This Doc. gives a general outline to my portfolio from march - may 2009
SJSU econ 139 kropelnicki
This Doc. gives a general outline to my portfolio from march - may 2009
SJSU econ 139 kropelnicki

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Published by: Chris Seifert on Jun 05, 2009
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10/13/2012

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Christopher Seifert’sPortfolio Project
Focusing on diversification I invested in a broad range from banks tobonds. Given that all markets are volatile now and most investments will berisky, I decided to be aggressive with my picks. The following is an overview
 
of my investment choices and why I picked them, along with graphical datato illustrate my buying and selling dates.After making my choices I decided to distribute my $100k evenly $10kfor each group, and made each investment on February 23. The two majormarket common stocks I invested in were Bank of America and Citigroup. Iinvested in these companies because, simply, the US government invested inthem so I felt they were a good buy.My over the counter common stock is Oracle, because they are a veryreputable company that is known world wide. The American DepositoryReceipt investment is British Petroleum; which I picked because gas pricesare only going to rise in the future.My preferred stock is Pacific Gas and Electric Company ; I picked PG&Ebecause they have a very large market share and have been grantedmonopoly rights in many areas on the west coast. The last dividend theyoffered was $.42 per share. With only 285 shares my total dividend was only$119.70, on April 14. The closed-end fund I chose was Blue Chip Value Fund, INC (above),because they deal with stocks that have a high value, thus this fund has alower risk in my opinion. For my first mutual fund I picked BlackRock FocusGrowth A, which is a large cap fund because I trust the folks at yahoo andthis was at the top of their list. My second choice was Nicholas Liberty whichis a Mid-Cap Growth mutual fund that was also at the top of yahoo’s list.
 
For bonds I picked JPMorgan CA Tax Free Bond Instlbecause I wanted toinvest in California and at the same time have some tax relief. TCW EmergingMarkets Income I Is my final choice for mutual funds, this is meant to be myrisky pick because emerging markets are usually where the largest profitscan be found.
Below is a balance sheet to go along with all the graphs above.
 
Bought23-Feb-09 Sold 6-May-09
BAC
2557shares$3.91/share
$10,000
BAC$12.69/share
$32,448.33C
4672shares$2.14/share
$10,000
C$3.86/share
$18,033.92ORCL
630shares$15.86/share
$10,000
ORCL$19.06/share
$12,007.80BP plc(ADR)
258shares$38.65/share
$10,000
BP plc(ADR)$46.13/share
$11,901.54PCGA
285shares $35/share
$10,000
PCGA$25.78/share
$6,651.24XBLUX
4115shares$2.43/share
$10,000
PCGA Dividend
$119.70MDFOX
6849shares$1.46/share
$10,000
XBLUX$3.03/share
$12,468.45NLBTX
1233shares$8.11/share
$10,000
MDFOX$1.72/share
$11,780.28 JPICX
984shares$10.16/share
$10,000
NLBTX$8.04/share
$9,913.32 TGEIX
1700shares$5.88/share
$10,000
 JPICX$10.16/share
$10,000
Total
$100,000
TGEIX$6.43/share
$10,931Broker Fee $12/trade($120)
Total$136,135.58
Below is data that maps out my entire portfolio on the date of purchase andthe next page displays the change and what my portfolio looks like on the day I soldmy investments

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