* Pocket Change Portfolio - October 2008

On the second or third Saturday of the month I update the Pocket Change Portfolio (PCP). The table below reconciles the PCP from beginning of period to end of period for October 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 2008. The Portfolio Returns line provides the calculated return for the three displayed periods.

Description	Oct-2008	Year-To-Date	Life-To-Date
Beg. Portfolio Value	1,506.71	-	-
Online Cash Receipts	748.05	2,355.37	2,355.37
Online Expenses	-	(20.00)	(20.00)
Gross Profit	748.05	2,335.37	2,335.37
Dividends	-	-	-
Interest Income	1.11	3.60	3.60
Subtotal	749.16	2,338.97	2,338.97
Gain/(Loss)	(9.40)	(92.50)	(92.50)
Ending Portfolio Value	2,246.47	2,246.47	2,246.47
Portfolio Returns	(0.4%)	0.0%	0.0%

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 October I had several one-time direct sale ads. This will allow me to purchase my second stock in the PCP during the month of November. It is my goal to have sufficient earnings to purchase a stock at least once a quarter. At the end of October I had $1,252.47 in cash. After purchasing a stock in November, the $200+ remaining will go toward purchasing another stock in Q1/2009.

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