Saturday, March 14, 2009

* Pocket Change Portfolio - February 2009

On the second or third Saturday of the month I update the Pocket Change Portfolio (PCP). The table below reconciles the PCP from beginning of period to end of period for February 2009, Year-To-Date (2009) and Life-To-Date. The Portfolio Returns line provides the calculated return for the three displayed periods.

Description Feb-2009 Year-To-Date Life-To-Date
Beg. Portfolio Value 3,895.71 3,395.62 -
Online Cash Receipts 397.84 1,100.86 5,352.23
Online Expenses - (10.00) (114.40)
Gross Profit 397.84 1,090.86 5,237.83
Dividends - - 25.16
Interest Income 1.65 2.78 10.06
Subtotal 399.49 1,093.64 5,273.05
Gain/(Loss) (241.38) (435.44) (1,219.23)
Ending Portfolio Value 4,053.82 4,053.82 4,053.82
Portfolio Returns (5.58%) (12.20%) (-45.00%)
Online Cash Receipts are the collected earnings from my online endeavors. Most of which is advertising on the my various blogs. The year-to-date $10.00 Online Expenses relates to registering 1 domain ( The Dividends line is for dividends earned in the PCP. The Interest Income line is interest earned on cash balances in an ING account I set up for the PCP. The Gain/(Loss) line is for market changes to the PCP (realized and unrealized).

As I suspected, February's earnings are down significantly from prior months due in part to the move to WordPress at the end of January. I suspect that online earnings will remain down for a period of time until Dividends Value has a chance to establish itself. In addition, I suspect the general economic situation is also playing a part in the earnings decline.

During the month of February, I did not purchase any additional shares and did not receive any dividends. I ended the month with $1,446.46 in cash. This will allow me to purchase my fourth stock in the PCP during the month of March. It is my goal to have sufficient earnings to purchase a stock at least once a quarter.

My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be in early April.