Money and how to make $273,354 profit Update May 2015
Here is the May 2015 update from my original post . If you need to refresh your memory here is a link to the original article. Basically I chose 10 shares from Martin Roth’s Top Stocks book and held them (hypothetically) for a 14 year period. Now, each two months I will provide an update on the progress of the share portfolio.
These two months have seen a decrease in the value of the portfolio of $12,208 to $347,348.
The portfolio since 2000 has risen $247,348 which is still $26,006 less than when I started these articles in July 2014. As you can see though all but two of the stocks (Maxitrans and Amcor) are above 100% profit since 2000 and three are above 400%.
The current total of $247,348 divided by 15 = 16,498 per year. So for the last 15 years you had $16,498 extra in your life (per year) just by deciding to buy shares and sit on them.
The next update will be in July 2015. We’ll see what happens then!