MARCH 1996
Onto March 96. SHARE PRICE has hit its one year low. Once you start reading and using Barron’s, an excellent financial newspaper, you'll notice the codes they used to show the years high and lows. Go to columns 8 and 9 and they stay the same since you didn't do anything last month. Write them in. Now SHARE PRICE equals 415 X $16.12 = $6,692. SAFE is 669. CASH was again only affected by INTEREST so add $39 to last month’s amount and CASH is now $7,918. Compare SHARE VALUE and PORTFOLIO CONTROL and PORTFOLIO CONTROL is higher. So do your calculations:
So you have BUY MARKET ORDER for $334 worth of stock. Divide $334 by the SHARE PRICE $16.12 and you find you BOUGHT 21 shares. Write this in column 7 - DO NOT put the 21 in ( ). Remember to put a – and column 7 only when you don't buy or sell. Now for the last month, you can probably do it on your own. If you have any doubts, go back and read this chapter again. You can do it!!!!
Last thing to figure is PORTFOLIO CONTROL which is $6,692 + $7,918 = $14,610.