Month End Summary - July 2008

I’m glad to be done with July.  I finished the month with a realized gain of $595.96, but have a pile of paper losses waiting for a rebound or to be realized when I close my positions.  On paper, I lost $4,434.45, but the bright side of that is that I was down around $7,000 briefly.  I’m heading in the right direction again, finally.  I’m still doing better than all the major indexes for the past year except for the S&P Midcap 400.  I have a lot of time value that is available to deteriorate and expect a good August.
My current account value according to Quicken is $95,973.14.14 and according to TD Ameritrade is $96,348.21.  I’m planning to skip making a deposit in August since I sent in double my normal deposit in July.  I did that for no other reason than I wanted to hit $100,000 by my July 6th birthday.  I came within $500 and […]

Original post by Alex Fotopoulos

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