No. of Recommendations: 2
Hello Fools!

In an effort to keep true to my goal of outperforming the market by at least 3%, I have bought my first few positions in the Stock Trak simulation.

Imo, the only way to keep up (or down) with the market is to mirror it's results until such time as the portfolio begins to round out.

So -

I bought equal positions with 75% of the available funds. This leaves a 25% cash position which will allow me to be liquid enough to deploy money to good ideas. Obviously, when I need more funds, I will sell some diamonds/spiders etc.

What and Why,

DIA - In an attempt to track the greater market and circumvent the 250K per holding restriction.

SPY - Making sure that I match my benchmark from this point on.

EFA - For the purpose of matching the eventual international exposure of this portfolio (which will be anywhere from 25% and up). Specifically, I chose an ETF that will mirror the MSCI EAFE index.

Caveat -
Before fees and expenses, EFA will generally match the returns of publicly traded securities in the European, Australasian and Far Eastern markets.

The race has begun, and the BreakerWade Fund has drawn first blood. =)

Foolishly on Foot,

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.