Portfolio Updates

Gentle reader, I have committed to following this strategy for five years, but so far I am losing! Here is my Magic Formula portfolio just over a year after the beginning of this experiment:  My portfolio balance at the beginning of this journey was $60,052.40, meaning that so far the "Magic" Formula has lost me $2,212.54. But it's cost me more than that. The SPY … [Read more...] about Magic Portfolio Update 2/25/2018

So far this Formula doesn't seem so Magic at all! At the end of trading today here is a snapshot of my Magic Formula Portfolio: I'm losing money with this scheme! Meanwhile my benchmark ETF, the SPY, is now trading at $249.21, which is up over 7.6% since I started this experiment on February 10th of this year. I would've been much better off just investing in that ETF! … [Read more...] about Magic Formula Portfolio Update 9/11/2017

Here is my portfolio from February 10, 2017, right when my portfolio, completely chosen from MagicFormulaInvesting.com, included 30 stocks: On that date the State Street Global Advisors S&P 500 ETF (SPY) closed at 231.51 and my portfolio was worth just over $60,000. I'll use the SPY as my benchmark for comparison against my portfolio's performance in the years to come. … [Read more...] about Original Magic Formula Portfolio