End of Year Portfolio Update

This Portfolio has come to the end of its first month. It was started on the 13th Dec but to make it easier I will go by the end of month results.

So how did it perform ?

RHD Bought at 65c now trading at 62c for a LOSS of 3c (-4.6%)
SCV Bought at 80c now trading at 80c for a BREAKEVEN (0.0%)
FEA Bought at 63c now trading at 63.5c for a PROFIT of 0.5c (0.7%)
ITD Bought at 41.5c now trading at 52c for a PROFIT of 10.5c (25%)
CKL Bought at 59c now trading at 62.5c for a PROFIT of 3.5c (5.9%)
MCP Bought at $2.65 now trading at $2.84 for a PROFIT of 19c (7.1%)
AVE Bought at $2.19 now trading at $2.46 for a PROFIT of 27c (12.3%)

Portfolio
Cash : $30,000
RHD : $ 9,538
SCV : $10,000
FEA : $10,079
ITD : $12,530
CKL : $10,593
MCP : $10,716
AVE : $11,232

Total : $104, 688

Month 1: Profit of $4,688 or 4.688%. Annualised this is a gain of 56%.

The strike rate on this was 5 out of 6 stocks at breakeven or higher. Only 1 stock showing a slight loss.

My goal is to average around 20% for each year ( or 1.66% a month ).

For those interested my personal portfolio is up 37% this year (JAN 06 to JAN 07). It has had 11 trades and only 1 is showing a minor 5% loss.

Good Luck Investing.