September 30, 2007

Oh yeah, “one more thing”...Having worked for Apple for as long as I did, I have accumulated the vast majority of my stock portfolio in AAPL (thanks to the Employee Stock Purchase Plan). AAPL has been VERY good to me, but to “have all ones eggs in one basket”, is not a smart long-term investment plan. As such, I have been slowly moving shares out of AAPL, even though its had an incredible run, and picking up other stocks that I consider good long term options. Last week I traded some AAPL for more Boeing Aircraft (BA), to a point where I carry more in BA, than I do in XOM, so technically, I should drop XOM from this portfolio, since it’s no longer in my real-life “top five”. However, I’m not going to. For a short-term project, I expect XOM to do better, especially going into Winter, and the increased energy demands that come with the cold.

Bank of America (BAC), also paid their $0.56/share dividend last week.

Action	Symbol	Amount	Price	Extended Value
DIV	BAC	199	0.56	111.44
Cash				136.76

The running tally so far this semester:

My portfolio is up 5.86%

Nasdaq is up 5.31%
Dow index is up 4.96%
S&P 500 is up 4.74%

Yay me!
Of course, in either an appropriate, or ironic manner, my big winner so far has been...wait for it...AAPL - up 12%