Tuesday, July 03, 2007



I jettisoned the first 100 shares of the SPARX Japan fund in the first major rebalancing action of my new portfolio. Right now, I'm planning to sit in cash while I work to identify some worthwhile commodity investments. While the gain isn't huge (only about $100 on the whole lot, even though I had a +1.95% increase today), I'm only looking at long term capital gains taxes on it ($15). Even better, I'm freeing up cash for another investment, creating "dry powder" as the saying goes.

More to come...

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