Monday, October 31, 2005
October Results
Up about $3,600 today. I was considering taking some profits on ACSEF after the stock zoomed 20 percent after reporting its quarterly results this morning. In the end, I decided not to: the company's guidance for the next quarter was just too good. I'll stick around for now and perhaps sell a few shares in the high fives or low sixes.
For October, my portfolio managed to gain $1,784 to finish at $566,619 (up 0.3 percent), outperforming the NASDAQ for the fifth month in a row (down 1.5 percent) and outperforming the S&P 500 for the fourteenth month in a row (down 1.8 percent).
A footnote: when I was reconciling the balances in my two accounts (Ameritrade and Scottrade) I discovered that I made an error in my spreadsheet when I recorded the balance in my Ameritrade account in the first week of October. Ameritrade temporarily reported the value of one of my holdings as zero after the company announced a cash for shares exchange for all small shareholders. When the cash was credited to my account, I didn't record it. The impact was that I underreported my account balance for that week and every week for the remainder of October by about $3,000. The results on the lefthand side of the blog have been revised to correct this error, as has the weekly chart of my track record in 2005.
For October, my portfolio managed to gain $1,784 to finish at $566,619 (up 0.3 percent), outperforming the NASDAQ for the fifth month in a row (down 1.5 percent) and outperforming the S&P 500 for the fourteenth month in a row (down 1.8 percent).
A footnote: when I was reconciling the balances in my two accounts (Ameritrade and Scottrade) I discovered that I made an error in my spreadsheet when I recorded the balance in my Ameritrade account in the first week of October. Ameritrade temporarily reported the value of one of my holdings as zero after the company announced a cash for shares exchange for all small shareholders. When the cash was credited to my account, I didn't record it. The impact was that I underreported my account balance for that week and every week for the remainder of October by about $3,000. The results on the lefthand side of the blog have been revised to correct this error, as has the weekly chart of my track record in 2005.
# posted by Stockcoach @ 9:01 PM 
