Portfolio Update: the Wisdom of Ballast
Boring Portfolio Stock: US$68,151.90 Cash: US$364.85 Total: US$68,516.75 The portfolio here was started weak on ballast, and it really shows its weakness. Not only that, but I happened to be exposed to a bank. If not for the system I am using, the portfolio would have been torn to shreds. As it is, it dropped less than the market from its heights. QQQ Portfolio Stock: US$66,748.00 Cash: US$8,027.20 Total: US$74,775.20 The increased ballast in this portfolio (which is actually a test portfolio - since it uses only QQQ as the sole counter) really showed itself. While ballasts weigh down a ship, it gives it stability while ploughing through the oceans.