*Pocket Change Portfolio - September 2008

On the second Saturday of the month I will update the Pocket Change Portfolio (PCP). The table below reconciles from beginning of period to end of period the PCP for September 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.

Description	Sep-2008	Year-To-Date	Life-To-Date
Beg. Portfolio Value	1,120.27	-	-
Online Cash Receipts	469.33	1,607.32	1,607.32
Online Expenses	-	(20.00)	(20.00)
Gross Profit	469.33	1,587.32	1,587.32
Dividends	-	-	-
Interest Income	0.21	2.49	2.49
Subtotal	469.54	1,589.81	1,589.81
Gain/(Loss)	(83.10)	(83.10)	(83.10)
Ending Portfolio Value	1,506.71	1,506.71	1,506.71
Portfolio Returns	(5.2%)	0.00%	0.00%

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).

As previously mentioned, 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.

It is my goal to have sufficient earnings to purchase a stock in the last month of each quarter. I currently have $503.31 in cash, so my goal of purchasing an additional stock in December is obtainable.

My PCP holdings are always available by selecting the Holdings option from the menu in the header.