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 February 2009, Year-To-Date (2009) and Life-To-Date. The Portfolio Returns line provides the calculated return for the three displayed periods.| Description | Feb-2009 | Year-To-Date | Life-To-Date |
| Beg. Portfolio Value | 3,895.71 | 3,395.62 | - |
| Online Cash Receipts | 397.84 | 1,100.86 | 5,352.23 |
| Online Expenses | - | (10.00) | (114.40) |
| Gross Profit | 397.84 | 1,090.86 | 5,237.83 |
| Dividends | - | - | 25.16 |
| Interest Income | 1.65 | 2.78 | 10.06 |
| Subtotal | 399.49 | 1,093.64 | 5,273.05 |
| Gain/(Loss) | (241.38) | (435.44) | (1,219.23) |
| Ending Portfolio Value | 4,053.82 | 4,053.82 | 4,053.82 |
| Portfolio Returns | (5.58%) | (12.20%) | (-45.00%) |
As I suspected, February's earnings are down significantly from prior months due in part to the move to WordPress at the end of January. I suspect that online earnings will remain down for a period of time until Dividends Value has a chance to establish itself. In addition, I suspect the general economic situation is also playing a part in the earnings decline.
During the month of February, I did not purchase any additional shares and did not receive any dividends. I ended the month with $1,446.46 in cash. This will allow me to purchase my fourth stock in the PCP during the month of March. It is my goal to have sufficient earnings to purchase a stock at least once a quarter.
My PCP holdings are always available by selecting the Holdings option from the menu in the header. The next PCP update will be in early April.
