Position Cost Averaging

Hi PCA Fans,

We started the model portfolio back in August and the markets have completely fallen apart since then.

Overall the model portfolio is only down about 24.9% because we had the cash cushion to help absorb the losses.

We have had a bunch of buy orders as the markets collapsed and I am very glad we are using ETFs instead of stocks.

3 of our positions are "out of cash" and I may decide to add some more if I could be convinced that we have actually seen the bottom.

We still have some buying power, and It may be a while before I deploy any more cash into the positions.

Only time will tell.

We would love to scoop up some real bargains and so I will try and keep some powder dry.

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AIM High!

Hi PCA Fans,

The markets have continued to roll over and we are getting a barrage of buy orders in many sectors and indices… let’s take a look.

SPY, we bought 241 shares at 7.61 and now we have 1179 shares at an average cost of 105.84.

QQQQ, we bought 35 shares at 28.08 and now hold 999 shares at 39.58 per share.

IWM, we bought 226 shares at 40.08 and now are holding 1159 shares at 58.13 average cost per share.

DIA,  we bought 210 shares at 72.07 and now we hold 958 shares at an average cost of 99.22.

XLE, we are buying 43 shares at 40.92. Now we hold 437 shares at an average cost of 58.83.

Hi PCA Fans,

It has been a long time since I updated the model portfolio.. good thing too as the moves have continued upwards in Gold, Silver and Mining.

Today I got sell orders on all three. Bought 103 shares of SLV at 14.23 now we hold 579 shares at an average cost of 11.56.

In GLD we sold 10 shares and now are holding 96 at an average cost of 79.20.

In GDX we sold 60 shares at 36.90 and now hold 320 shares at an average cost of 23.92.

We are also getting a lot of buy orders as markets and indices continue to fall, new post about that coming soon.