Friday, May 23, 2008

Everyday Finance Portfolio Update and Market Commentary May 2, 2008



It was another good week for the Everyday Finance portfolio, roughly doubling the return of the S&P500. The portfolio returned 2.7% vs. 1.4% for the S&P500. Standouts were Google and Focus Media. The Financial sector continued to benefit the portfolio, with the leveraged ETF breaking through recent highs.










What's next on the docket? I'm eyeing China Finance Online (JRJC) given the beating it's taken of late, Vision China (VISN), which may be the next Focus Media (with better performance, at 88% YTD), and Banco de Columbia (CIB) up 25% YTD. Each of these are extremely volatile, but carry the ability to double or triple during the next year as they've done in prior periods of strong performance. I need to research these a bit further before fully endorsing and purchasing shares, so here's your change to provide your opinion prior to the next portfolio purchase.

For some mid-week updates on my exit from Gold/Platinum and the Synthetic Option Play on Oil, feel free to visit (full article here).



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