11.18.2009

The rest of my cash

I spent my remaining cash on shares of MGM Mirage two weeks ago. I bought in at $10.99.

My fiscal year runs October 1st to September 30th, because I bought my first shares on October 1st of 2008. My first year's returns were 27.7%. It'll be tricky to calculate my returns for Q4 2009 because I added funds to my portfolio in October. I have to figure out how I want to handle the accounting for that...