Favorites

News Sites:

• http://www.seekingalpha.com/
• http://www.cnbc.com/
• http://www.fool.com/
• http://www.smartmoney.com/
• http://finance.yahoo.com/
• http://www.thestreet.com/

Lists:

• http://www.dogsofthedow.com/
• http://www3.valueline.com/dow30/index.aspx
• https://www.magicformulainvesting.com/stock_screener.html?minmarketcaptxt=1&numberStocks=30
• http://www.valueinvestorsclub.com/value2/Member/MemberHomePage

Blogs:

• http://www.zerohedge.com/
• http://http://www.ibankcoin.com/
• http://www.crossingwallstreet.com/
• http://www.youtube.com/user/THANOS43#p/
• http://www.stockpickr.com/port/RJC-Investments/
• http://paul.kedrosky.com/
• http://www.insidermonkey.com/
• http://www.philtown.typepad.com/
• http://www.wallstreetoasis.com/?page=1
• http://epicureandealmaker.blogspot.com/
• http://www.bespokeinvest.com/
• http://www.jamesaltucher.com/
• http://www.barelkarsan.com/
• http://ragnarisapirate.blogspot.com/
• http://www.whopperinvestments.com/

Pennystocking:

• http://www.timothysykes.com/
• http://citronresearch.com/

Portfolio Review

Freeport-McMoRan Copper & Gold Inc. FCX 21.4% Money Markent Fund   CASH   20.5% Starbucks Corporation   SBUX   10.0% U.S. Bancorp   USB   9.8% ConocoPhillips   COP   9.4% General Electric Company   GE   6.2% The Procter & Gamble Company   PG   5.7% Johnson & Johnson   JNJ   3.5% Chevron Corporation   CVX   3.4% Bank of America Corporation   BAC   2.7% Apple Inc.   AAPL   2.1% Wal-Mart Stores, Inc.   WMT   2.0% Chesapeake Energy Corporation   CHK   1.8% Google Inc.   GOOG   1.6%

Money Market Fund (CASH)21.0%

Freeport-McMoRan  ( FCX)   20.2%
U.S. Bancorp (USB )   10.5%
Starbucks Corporation ( SBUX)  9.7% ConocoPhillips (COP)   9.6% The Procter & Gamble ( PG)    6.3% General Electric    ( GE)    6.0% Johnson & Johnson     (JNJ ) 3.8% Bank of America      ( BAC)  2.6% Wal-Mart Stores, Inc. ( WMT)  2.3% Chevron Corporation   ( CVX )  2.2% Apple Inc.       ( AAPL)  2.2% Chesapeake Energy (CHK )  1.9% Google Inc.      (GOOG)  1.7%

My Portfolio

Freeport-McMoRan Copper & Gold  (FCX)  20.2%  

Money Market Fund (CASH)  19.6% 

ConocoPhillips  ( COP)   10.3% 

Starbucks Corporation   (SBUX)   10.1% 

U.S. Bancorp   (USB)   9.6% 

The Procter & Gamble Company   (PG)  7.2% 

General Electric Company   (GE)   6.1% 

Johnson & Johnson   (JNJ )  4.4% 

Wal-Mart Stores, Inc.  (WMT)   2.7% 

Chevron Corporation  (CVX ) 2.4% 

Apple Inc.   (AAPL )  2.1% 

Bank of America Corporation  (BAC)   1.9% 

Google Inc.  (GOOG )  1.8% 

Chesapeake Energy Corporation (CHK)    1.7%

Portfolio Review

Portfolio Review:

1) Is the # of Positions reasonable to maintain?

Total holdings include 15 positions.  I believe under 20 positions to be a manageable number.

2) Are the top 5 holding diversified across industries?

Top 5 holdings (excluding cash) are: 1) FCX - Commodity, 2) SBUX - Retail/Restaurant,  3) COP - Energy, 4) PG - Consumer Staple, 5) USB - Financial.  Diversification is good.

3) Is there sufficient cash to make necessary purchases?

Yes.  Cash holdings of 19.2% is a large position and is reasonable under current market conditions.

4) Will the top 5 holdings generate income?

1) FCX - NO (dividend suspended) , 2) SBUX - NO  3) COP - YES, 4) PG - YES , 5) USB - YES.

3/5 currently generating income, however top 2 holdings currently do not.

5) Is there anything I no longer want to own in the portfolio?

BAC - currently the smallest position.  This equity has a real potential to approach zero value.  However currently, I believe potential upside makes it worth holding as a minor position.  May look to sell for a tax loss in future.

My Portfolio

Below are my approximate holdings  (on a % basis): 

 Money Market Fund (CASH) 19.2% 

Freeport-McMoRan Copper & Gold (FCX) 18.4%

  Starbucks Corporation  (SBUX) 10.8% 

 ConocoPhillips  (COP) 10.1% 

 The Procter & Gamble Company  (PG) 9.0% 

 U.S. Bancorp  (USB) 8.8% 

 General Electric Company  (GE) 6.9% 

 Wal-Mart Stores, Inc.  (WMT) 3.2% 

 Chevron Corporation  (CVX) 2.9% 

 Johnson & Johnson  (JNJ) 2.8% 

  Apple Inc.  (AAPL) 2.3% 

 Google Inc.  (GOOG) 2.2% 

 Chesapeake Energy Corporation (CHK) 2.0% 

Bank of America Corporation (BAC) 1.5%