will start another portfolio similar to Mr. GIC, this did very well, over 3 years doubled the orginal investment. only one stock was a loser, CAE, (Toronto ) sold to early as later it doubled.
sold some covered calls, and long stocks.
then tried to show that covered calls could help a portfolio return more than just buy and hold, or lower the volatilty. this had mixed results, the resource fund was designed to track some resource stocks friends had invested in....
the timing was bad and though covered calls would have worked better, though some of these names collapsed. talked in other threads how these had to be sold....the resource fund will be started up later, the first one would have loss 20%, on stops, in a short period of time. know many people that held some of these names all the way down. oilexco blew up, TCK recovered (though sold that way to early).
CAsh call, tried to show a conservative portfolio that was generated for income and how covered calls could add to the income while still holding on to the stocks. this did also outperform just the buy and hold of the stocks, and the corporate debt etf performed well, though nothing great.
in Feb should have been buying more as near the bottom but wanted to perserve cash...
failed to update this portfolio since most of the premiums on the calls went away and made little sense writing options against this positon. portfolio is defensive and did well, though would have lagged the market starting in late march if it was continued.
like MR. GIC will track this portfolio over three years, unlike the rest this will have the smallest amount, will not start off with 40K, or 100K in Mr. GIC. but with 10,000.
know many people that only want to put a small amounts in the markets, so will start with a lower amount, more of a challenge.
also most important is not to lose money.
Gilbert portfolio will start in a few days.
thanks
selkirk
sold some covered calls, and long stocks.
then tried to show that covered calls could help a portfolio return more than just buy and hold, or lower the volatilty. this had mixed results, the resource fund was designed to track some resource stocks friends had invested in....
the timing was bad and though covered calls would have worked better, though some of these names collapsed. talked in other threads how these had to be sold....the resource fund will be started up later, the first one would have loss 20%, on stops, in a short period of time. know many people that held some of these names all the way down. oilexco blew up, TCK recovered (though sold that way to early).
CAsh call, tried to show a conservative portfolio that was generated for income and how covered calls could add to the income while still holding on to the stocks. this did also outperform just the buy and hold of the stocks, and the corporate debt etf performed well, though nothing great.
in Feb should have been buying more as near the bottom but wanted to perserve cash...
failed to update this portfolio since most of the premiums on the calls went away and made little sense writing options against this positon. portfolio is defensive and did well, though would have lagged the market starting in late march if it was continued.
like MR. GIC will track this portfolio over three years, unlike the rest this will have the smallest amount, will not start off with 40K, or 100K in Mr. GIC. but with 10,000.
know many people that only want to put a small amounts in the markets, so will start with a lower amount, more of a challenge.
also most important is not to lose money.
Gilbert portfolio will start in a few days.
thanks
selkirk
