Portfolio Progress

July 24, 2007 | Posted by Jorge

Each Sunday I’ll track my progress with my portfolio as a self-taught investor (with the assistance of many, many books and websites). Since we missed this Sunday, let’s go ahead and take a look at the numbers as I stand now.

Total Deposits: $1,153.63
Current Market Value: $1,130.39
Profit (Loss) as of July 23, 2007: -$23.24

As you can tell, I’m still in the learning phases of investing. At least it hasn’t been an expensive lesson (and I hope it won’t ever be). Once enough time has passed, I’ll be able to graphically represent any profits (or losses) from the portfolio with images on the blog.

The goal is to have enough capital to pay off 9 years of student loans, which add up to roughly $100,000. I have two years to do it. It’s a lofty goal but I think with the right discipline and research I can make a dent in those loans. College is extremely expensive nowadays!

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