Fallen Apple

Hell Hath No Fury Like Apple Investors Scorned

How does that saying go about a woman scorned? Obviously the writer did not know about AAPL investors.  They quickly moved from $506 to $467 based on the investor days put on by AAPL.  It was weird (to me) because I felt that Apple said exactly what people expected them to say.  And I am actually interested in the "C" phones.  I may be buying one in the next month.  It does make me thankful that I sold 1/3 of my AAPL holdings at $508 in the back part of August.

I had dinner last night right next to the Bay Bridge. They have really turned it into an attractive bridge at night with these LED lights that run down the cables.  Then you forget how steep the streets are here.

I am sad to say that the open positions in my dividend portfolio have gone "negative" that is trailing their Russell 3000 counterparts.  This has been my lagging portfolio all year. Most of the year, I have explained the subpar performance to yield rates going up (which makes dividend stocks less attractive on a relative basis) and the fact that I had too much (part of year) in precious metals.

But perhaps part of it is due to my not having a good portfolio.  It is something I need to think hard about.  If the stocks are just having a relatively bad stretch, that is ok as that means my reinvested divdends are buying more shares. But if these are really not good stocks, then more shares of not great stocks may not be the penultimate goal.

Stock	Shares	Avg Cost	Current Price	Dividends Received	Pct Change	R3K Change	Diff
AAPL	115	461.49	467.71	817.31	2.9%	15.1%	-12.2%
AOD	18,945	3.95	4.02	2,569.84	5.1%	10.8%	-5.7%
BBEP	3,584	15.44	17.92	1,675.20	19.1%	4.1%	15.0%
CSCO	4,356	17.30	24.38	3,479.34	45.5%	27.9%	17.6%
CSQ	5,746	8.37	10.01	8,742.12	37.7%	43.9%	-6.2%
INTC	3,718	22.24	22.81	3,654.19	7.0%	22.1%	-15.2%
O	572	20.02	39.55	8,282.19	169.9%	95.8%	74.1%
OIBAX	4,049	4.98	6.00	7,540.66	58.0%	98.0%	-40.0%
RIG	1,413	51.46	47.58	1,491.28	-5.5%	8.6%	-14.1%
SBS	6,211	9.54	9.65	-	1.1%	0.3%	0.8%
STO	2,211	22.97	22.67	3,024.82	4.6%	25.6%	-20.9%
TC-PT	5,500	15.43	19.76	4,468.20	33.3%	9.1%	24.2%
TCRD	4,200	14.73	15.92	-	8.1%	4.4%	3.7%
TGONF	5,000	10.38	10.10	337.50	-2.1%	4.6%	-6.7%
Total Open				46,083	17.0%	17.7%	-0.7%
Closed					13.4%	9.7%	3.7%
Combined					14.1%	11.3%	2.9%
Annualized IRR Since 12/31/10					16.4%
2013 Gain					15.7%