End of Year Bored Hedge Fund Report

[Spock]

Well, the good and the bad and the ugly of the farmer VS the Stock market.

First-the EOY Bored Hedge Fund report.

As a reminder, the strategy for this fund is based on 2 complementary tactics.

1) Make quick trades based around the relevant dividend dates to collect a quick dividend and sell the stock and move onto the next stock.

AND

2) If a stock drops after I buy it, hold it and collect dividends until I can break-even or sell for a gain or a (very)small loss.

3) Note that the account started with about $7,500 and the basic trade is based on $750.

The number I care about the most is that since mid-June about 90 closed trades showed a gain of $591.70 or 7.89%.

But to account for where I am at EOY-I have 9 open trades that I have been sitting on for awhile as to sell them would result in a substantial loss.

The 9 holdings are currently valued at $5,801.07 showing a loss of $1,788.84.

However, I have also gotten $317.34 in dividends on these 9 turns.

So the best way I can figure it is a $1,788.84 loss partially offset by the $317.34 in dividends on those shares and the $591.70 gain on the closed turns.

For an EOY negative return of $879.80 or negative 11.7%.

Oh, and just to account for all possible variables, the account has $976.90 in cash-so I can open a turn tomorrow.

It has been rather boring for awhile as I have only been able to play with one open turn for several weeks.

OTOH-I am soon approaching the 3rd dividend cycle on some of these open negative turns and they might be getting close to being closed out.

FTR-I made a bad decision and ate some losses a few months back as I had a gain of $742.65 on closed turns. Lesson learned-just be patient.
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[Spock]

Oh, and then the fun part of the Farmer VS the Stock Market for 2022.

I have discretion over a decently sized portfolio (well over 6 figures anyway) as part of my dad's IRA.

My basic strategy is buy and hold (sometimes for decades) basic, boring companies that pay about a 4% dividend.

This returned 8.8% for the year which looks pretty good compared to the results for the Dow Jones (down 8.8%) -the S&P 500 (down 19.4%) and the Nasdaq was down 33.1%.