Wednesday, January 2, 2008

Portfolio Update as of Jan 1, 2008

-up 0.7% from last month
-up 8.7% in 2007
-CDN 66%
-U.S. 31%
-International 4%

TRP - 4.46%
CSH.UN - 4.67%
GWO - 4.91%
PFE - 4.83%
POW - 4.41%
WAG - 3.44%
L - 2.80%
UNS - 2.87%
GZ - 2.67%
TD - 13.25%
EIT.UN - 2.46%
JNJ - 5.73%
MMM - 3.67%
C - 2.65%
ATD.B - 3.32%
BCE - 5.81%
O'Shaughnessy’s Global Fund - 3.65%
American Growth Fund - 0.90%
CDN Value Fund - 3.39%
Small Cap Growth Fund - 4.19%
Chou Associates Fund - 9.52%
Money Market Fund - 6.39%

The only change in my portfolio over the last month was that my very small position in BA.UN was sold through the “Small Unitholder Selling Program”. My strategy of buying out of favour, high quality, dividend growth companies will remain the same in 2008 as it was in 2007.. I don’t anticipate initiating many new positions in 2008 however, I will be keeping a close eye on U.S financials and suspect that I’ll be making some acquisitions in this sector later in the year.

7 comments:

MG said...

MCM, That is a pretty good return for 2007. Does that include new money?

Middle Class Millionaire said...

MG,

It does include new money. I haven't calculated the exact figure however I'd say my return excluding new money would be approx. 5%

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james said...

hi, i just came across your blog and am thinking you might be interested in BPT, FRO and PCU. those are all high paying dividend stocks (excess of 8.5%...11.5% for BPT).
i've been shifting my investment approach from momentum/swing trades to value + dividend and feel that is your general approach as well. (is it?)
i write at www.positionmakers.com (messels). cheers!

Middle Class Millionaire said...

Hi James,

Yes that is my basic approach. I'll make a point to check out your blog.

The Rational Tester said...

I see you have a significant investment in Chou. Given the weak performance of that fund, what are your plans for 2008? Going to stick with it?

QUALITY STOCKS UNDER 5 DOLLARS said...

Nice list of interesting stocks great selection.