Home > Project Pocket Change > New addition to the Pocket Change Portfolio.

New addition to the Pocket Change Portfolio.

November 27, 2008 Leave a comment Go to comments

Well, it’s sad that the Pocket Change Portfolio is pretty fugged. With ALD completely screwed and the other holdings tanking, I’m pretty much back at square one. Losses are still on paper though, so there’s still hope. If ALD can get its act together and stay afloat there’ll still be hope for the portfolio 🙂

This is the problem with such a small portfolio, with trading commission costs such a high percentage of value, it makes buying and selling difficult.

As I mentioned in Follow the oracle? I was contemplating US Bancorp (NYSE: USB). I finally decided to pull the trigger this week, and while USB was not at it’s low of $22-something, I was able to snag a couple shares (almost) at around $25.

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