I am modifying the service to make it more open, interactive and easy to maintain. Open and free updates to the portfolio will be released via my English blogs (Marathoninvestor.com, SeekingAlfa.com) and twitter on a weekly basis in the following format:
- Sold out $GLD
- Sold part of $TLT, $TIP
- Bought some $WIP on the proceeds
I will continue to post previous quarter releases for everyone to see in the Archives section of Marathoninvestor.com.
The newsletter subscribers will be getting weekly updates with all changes and details as they occur. Those will also include transaction details and portfolio weights, as provided by Morningstar portfolio tracker. Occasionally I may be including some commentary, but I want to keep it quick, concise and simple, as my basic methodology and approach are not changing. I will be adding some stock positions, on value and momentum ratings as well, but each individual stock name will be limited to 10% of the portfolio, and will not take more than 30% combined.
As a reminder all transactions are accounted for at each week's last business day closing prices. To make the model more practical I am introducing brokerage commission expense USD 7 which will be deducted from the account after each transaction.
Most importantly, the subscription price is slashed to USD 2 each quarter or USD 6 per year! This is commensurate with effort and is only 0.024% per annum for a 25K USD portfolio! I hope this makes the service more affordable and I welcome more subscribers this year.
Click here to learn more and subscribe.
Speaking of the portfolio, it stands at this rebalancing moment (Jan 11th) as follows (right-click on the pictures to view larger images):
However the portfolio ended the year with the best sectors of 2012: financials ($XLF) and homebuilders ($ITB), the latter gaining almost 32% since purchase.
Actions as of January 11th 2013:
- Sold out $GLD, $TLT, $TIP
- Trimmed $BND
- Bought $WIP, $RWX, $TUR, added to $PCY