The "12% solution"" recommendation email from David Alan Carter for end of Jul was an unchanged recommendation from last month, I.e.:
60% QQQ + 40% JNK
So I was able to leave the '12% solution' component of my superhero portfolio unchanged this month (which saves on trading costs)
Since I bought on 12 Jul the price changes for the current components were:
QQQ 1.07449 units @ $372.2696 [=> $383.68 +3.06%
JNK 2.88576 units @ $92.1768 [=> $92.75 +0.62%
Total gain for the (partial) month was $($12.26+1.65 ) = $13.91 on the initial ($400+$266) = $666.00 investment, so 2.09% so far. As the initial investment wasn't made at the start of the month, this isn't a monthly return figure. In future I'll report monthly performance and a cumulative return.
David Alan Carter's monthly "12% solution" update email reported the YTD performance for 2023 so far as being +22.5%.
Since 2008 the '12% solution' has produced a total cumulative return to the end of July 2023 of 582.0% compared to the S&P 500 Index cumulative return of 326.7% for the same period.
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