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NIA Tracking Modification
March 18th, 2009
Last week I announced the NavyCS Industrial Average (NIA) where I purchased stocks with the idea of using the gain to determine the amount of money my wife and I will donate to Soldiers Angels Valour IT program.
I am not changing anything except the way I track and display the gains/losses of the fund. My first idea was to use just the actual price of a single stock of the equities we purchased. Well, with the current volatility of the market I have taken advantage of buying low/selling high so the stocks I started with may/will not be the same as the years progress. We have decided to use the initial investment of $2215.62 as the base. The NIA number in the sidebar will reflect the actual dollars in the fund. Today, the cash and equity value is $2627.55, an increase of 18.59%.
Current stocks include; Alcoa (AA:NYSE), BP Inc (BP:NYSE), General Electric (GE:NYSE), Total Systems (TSS:NYSE), Synovus Financial Corp (SNV:NYSE) and CVS Caremark Corp (CVS:NYSE)
Have you developed a plan for giving yet?
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