Freedom Fund Update – June 2011

Well, the time has come to update the Freedom Fund once again as we start another month. The Freedom Fund is my portfolio, and I think it’s aptly named. My portfolio is my way to freedom; freedom from working at a job I don’t enjoy to purchase goods I don’t need to impress neighbors I don’t care about.

If I would have published this yesterday my portfolio would be a lot more impressive. I lost $425.00 in today’s market slide. But, that’s ok. Market value of my holdings is not what really concerns me. The passive income I receive from part ownership in the businesses I invest in is what matters to me. Has that passive income changed at all? No.

The recent downtrend in the general market does provide some buying opportunities. As they say, buy on the dips. Unfortunately, I’m tapped out in terms of available capital due to the fact that I recently paid off and sold my car. I will be receiving a commission check in a couple weeks with which I’ll probably make a purchase.

The current market value of the Freedom Fund currently stands at $33,613.91 as of market close today. That is, of course, a nice increase since my last published value of $32,107.73. The increase was due to a couple of recent purchases I made, and the increase in value of my fund does not fully represent the money I invested due to the general weakness of the market over the last month, especially in oil. Most investors would probably be disappointed in this, but I look at the current weakness as a buying opportunity. If the market stayed flat for the next ten years, that wouldn’t bug me at all as I am a net buyer in stocks and lower prices means I can purchase more shares for the same amount of money in businesses I’m interested in.

Overall, I’m happy with the portfolio. I talked a little last month about my concerns with Sysco. I’m glad I decided to hold, as it’s up 9.82% over the past 30 days and the dividend appears safe. A lot of investors were concerned about the dividend with rising food inflation, as was I. I feel it’s a strong player in the food services industry and would only stand to gain market share during these troubled times. I felt holding was the prudent move. I’m glad I did. My next purchases may be to increase a current holding or may be to initiate a position in a new company. I’m not sure yet, but I’m sure I’ll be discussing this a little more in the upcoming week or so once I receive a little capital.

Thanks for reading.


  1. Oculista says

    “My portfolio is my way to freedom; freedom from working at a job I don’t enjoy”

    Have you ever thought about looking for a more enjoyable job? How about something related with investment?

    I mean, life is too short to waste 10 or 12 years doing something you dislike.

  2. says


    Thanks for stopping by. I have thought about more enjoyable jobs. I’ve mentioned a few times that my idea of the “ultimate job” is working by the beach, serving up drinks…or something along those lines. Obviously, that type of job doesn’t pay as much as my current one does so I continue to do what I do.

    Once I’m close to financial independence I may cut the 9-5 early and work something like that until I’m completely retired. We’ll see.


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