Portfolio Update -- going well so far.

Another portfolio update :

RHD Bought at 65c now trading at 64c for a LOSS of 1.0c (-1.6%)
SCV Bought at 80c now trading at 80c for a BREAKEVEN (0.0%)
FEA Bought at 63c now trading at 63c for a BREAKEVEN (0.0%)
ITD Bought at 41.5c now trading at 56.5c for a PROFIT of 15c (36%)
CKL Bought at 59c now trading at 60c for a PROFIT of 1c (1.6%)
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 $2.76 for a PROFIT of 57c (26%)
MPH Bought at $0.225 now trading at $0.23 for a PROFIT of 0.5c (2.2%)

Portfolio

Cash : $20,000
RHD : $ 9,846
SCV : $10,000
FEA : $10,000
ITD : $13,614
CKL : $10,169
MCP : $10,716
AVE : $12,602
MPH: $10,222

Total : $107, 169

Month 1: Profit of $4,688. Annualised this is a gain of 56%.
Month 2 (to date): Profit $1481. Annualised this is a gain of 30%.

Well this is not bad for a long term portfolio. Within the first 2 months it has been invested a maximum of 80% shares / 20% cash . It is already up 7.169% since inception while the ASX200 has moved from 5480 to 5502 or approx 0.37%. The All Ords are up from 5460 to 5485 or a gain of 0.46%.

Good Luck Investing.