Archive for September, 2007

Portfolio return for August 2007

Friday, September 14th, 2007

My portfolio return for August 2007 was 0.56%. This return lags my benchmark, mainly because of my higher dosage of international equities. International equities underperformed U.S. equities as a whole for the month.

Equity prices for emerging markets, precious metals and mining companies and international small-caps were highly volatile, dropping 10% or more in the middle […]

Posted in Investing, My Portfolio, Portfolio Updates | No Comments »

My first municipal reset bonds

Thursday, September 6th, 2007

I wrote about using municipal reset bonds (”resets”) as a cash management vehicle in a recent post. Yesterday, I had my first success in a municipal resets auction. I submitted bids for resets with the following characteristics:

Issuers in different areas of the economy.
Issuers backed by different insurers.
No federal, state, local taxes. No AMT.
7-day resets.
AAA-rated by […]

Posted in Investing, My Portfolio, Strategies | 9 Comments »