As noted in my September 13, 2008 article Pocket Change Portfolio (PCP), my collected online earnings exceeded $1,000 in August. The table below reconciles from beginning of period to end of period the PCP for August 2008, Year-To-Date (2008) and Life-To-Date. Obviously, Year-To-Date and Life-To-Date will be the same for the remainder of the year. The Portfolio Returns line provides the calculated return for the three displayed periods.Online Cash Receipts relates to all earnings generated online. Most of which is advertising on the my various blogs. The $20 Online Expenses relate to registering 2 domains (dividends4life.com and thediv-net.com). Since I host on Blogger, this line should see minimal activity. The Dividends line is for dividends earned in the PCP. The Interest Income line is interest earned on cash balances in an ING account I set up for the PCP. The Gain/(Loss) line is for market changes to the PCP (realized and unrealized).
During the month of September I purchased 20 shares of BP at $54.10/share and charged the portfolio a commission of $4.50. The BP stock will provide me $69.60 in annual income. Normally, I would wait until the month after to report stock purchases. However, I wanted to set up the the PCP stock holdings page before things got crazy at work (Q3 reporting in October).
It is my plan to provide monthly updates, unless the change is not relevant. I hope to have sufficient earnings to purchase my next stock in 3-4 months.
My PCP holdings are always available by selecting the Holdings option from the menu in the header.
