Performance Update 06'

Yes, I know that my blog has been a little slow in updating since my vacation. First, I had to re-start my chemo therapy on Monday and second, both my sisters are here visiting from Korea. As I have told you many times, nothing comes before your health and your family. And, I have spent some quality time with my family this weekend. I hope you did too.

Now that first half of the year is behind us, it's time to check our pockets to see how we are doing so far. No matter what your business is, keeping a regular measurement of your performance is essential.
One simply can not improve unless one measures itself.
The last time we did this was back in May 15th ( go back and re-read them - it's interesting).

For those new to this blog, please keep in mind that our portfolio is REAL with real money involved. There are many hypothetical portfolios out there claiming not so real numbers. What makes this blog interesting is that I make it crystal clear what we do and what we don't. It is through my mistakes that I hope you can learn and be better off. Good luck.

We gauge our performance with both SP500 and NASDAQ indexes (again, read May 15th blog as to why). Currently, our holdings are mostly small caps (smart move). I am begining to like large caps and we will probably move into them slowly.

Index NAV (1/1) NAV (7/7) Performance %

SP500 1,248.29 1,265.48 +1.38 %
Nasdaq 2,205.32 2,130.06 -3.41 %
AceTrader 1,315.32 1,848.00 +40.50 %

As noted above, these numbers are as of last Friday (July 7th 2006).
No matter how you look at it, this is an amazing performance during a lousy year thus far. Don't ask me how we will do during a good year!
Our current holdings and our cost is listed below.

Stock Avg.Cost Price (7/7/06) Gain/Loss % Target

RICK $4.80 $6.62 +37.92% $10.10
PRZ $1.29 $2.11 +63.57% $2.60
AUTO $1.09 $1.74 +59.63% $2.56
MATK $28.70 $29.96 +4.39% $38.00
BTYH $1.46 $1.05 -28.08% $2.80
UTK $14.35 $22.70 +58.19% $24.00
IDWD $0.89 $0.94 +5.62% $2.75
EXPEZ $4.50 $4.76 +5.78% $9.60
HLS - no value yet (special dividend from IDWD)

The stocks are listed by size of holdings.
Another words, RICK is my largest holding in our portfolio.
It is very important to be diversified in investing. Try your best to hold as many of these holdings as possible. So there it is.

The market will be very rocky in coming weeks.
Good chance to add to your portfolio...