This blog is simply here to act as a historic record of my attempts to make investment decisions. I'm using $1 Million of theoretical money and taking the purchase price as the closing price for the relevant day. In addition, I am assuming transaction costs for standard purchases (most instruments traded on major exchanges) at 50 basis points unless otherwise stated.
I started keeping a spreadsheet when I made my first "investment" back in July but didn't think to keep a public record until now. Analysis I undertake for each of my positions from here on out will get a separate blog post, with the purchases updated here. Without further ado, this is my history up to this point:
Investment history
8th July 2013 - Starting capital of $1 Million
10th July 2013 - Bought 10,000 * Barclays ETN+ Schiller CAPE @ $59.46 ($594,600) (0.45% annual fee, no transaction fee)
(note: the long gap was due to bereavement and a resulting squeeze on my time to finish the project for my internship, then preparing for and settling into university)
25th October 2013 - Bought 300 * Netflix (NFLX) @ $328.03 ($98,409 + 492$)
5th November 2013 - Performance overview
$594,600 of (CAPE) - currently $644,800 (including fee to date)
8.44% net return over 4 months vs 7.62% for S&P 500 total return index
$98,901 of (NFLX) - currently $101,280
2.4% net return over 2 weeks
