Thursday, August 02, 2018

Just Two Weeks Left of 8/15/2017 MFI Select Tranche

Just Two Weeks Left of 8/15/2017 MFI Select Tranche

Twice a quarter,I have a real money MFI tranche hit their anniversary date.  At that point I sell the five stocks and then I buy five new ones.  Always exciting.

The next date is August 15th.  So I will "close" the tranche at the close of business 8/14 and buy 5 new names on the 15th.  I will sell any losers around the 14th and I will sell my winners on the 16th.  Gotta keep those taxes at a minimum.

The August 15th 2017 tranche looks to be a nice winner.  I got good earnings from MD today, so not many bullets left to dodge - although you never know.  I will also be starting my 7th year of MFI Select with the new tranche as I started my reboot in August 2012.  It has been a nice run thus far.

Here is a snapshot of where current tranche stands:


8/15/2017  Start   Current   Dividend   Pct Gain   R3K Gain 
 GHC  $591.10 $538.50 $5.08 -8.0% 17.0%
 ICHR  $19.80 $21.41 $0.00 8.1% 17.0%
 MD  $43.00 $45.04 $0.00 4.7% 17.0%
 SIMO  $43.05 $54.64 $0.90 29.0% 17.0%
 RHI  $44.15 $77.72 $1.04 78.4% 17.0%
 Totals  22.4% 17.0%


Have to be happy with 22.4%... right?  Just one loser right now, GHC.  ICHR is always all over the place, could be 10% higher or lower.

I intend to continue my allocation of more and more $ to MFI.  I will likely increase the August allocation by 25%, that will put it on par with my other tranches.

Not yet decided what new stocks I'll buy.  Here is a short initial list of possibilities:


 AGX 
 FTSI 
 CAAP 
 EGY 
 CASA 
 WDC 

No comments: