My Trading Account Status 9/13/2014

Here are my holdings as of September 13th, 2014:

DescriptionSymbolQuantityDate AcquiredCost BasisMarket Value
AFLAC INCAFL10001/31/14$6,278.95$5,979.00
AFLAC INCAFL8903/27/14$5,540.75$5,321.31
AT&T INCT1008/22/14$3,463.60$3,450.00
DEERE & CO DE249/8/14$1,984.71$1,966.80

Maybe I jinxed myself last week by trying to be more creative with the title of the post. The total value of my trading account dropped below $17,000 again.

I had a long day, and I was really tempted to hold off writing this post today. However, I wonder if my feeling of not wanting to write stems partially from the reality that my stocks aren’t doing so well. I have to keep myself honest, a bad week is a bad week.

I made a trade this past week. I bought 24 shares of DE at $82.49 a share. The total cost basis is $1,984.71. This purchase reduced my cash balance to a mere $0.56. It felt like DE has been dropping ever since I bought it. The share price finally closed at $81.95 to end the week.

I bought DE mainly because it looked cheap. I was looking for value. It now has a P/E of 9.35, and the dividend yield is 2.93%. I understand that DE is a cyclical stock and it may take some time before the stock price would move back up again.

Looking at my portfolio now, one would think that it is an investing portfolio rather than a trading portfolio. All my holdings have a P/E of below 11 and they all pay a modest dividend. Maybe I should have invested in a more flashy stock? Oh well. Did I mention that I am more of an investor by heart?

My real bottom line on 9/13/2014: $16,717.67

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