Let me start this month's installment of portfolio update with the announcement of changed format. As you can see below, the new design brought a few important changes:
1) Grouped by asset class (domestic equity, foreign equity, cash, etc.), instead of investment type (mutual fund, stock, cash, etc.) to better represent asset allocation
2) Improved breakdown of month-to-month changes; now investment gains or losses are separated from cash flow related to purchases and sales.
3) Comparison of portfolio performance vs benchmark
1) Weekly dollar-cost-averaging purchase of selected foreign equity funds for a total of $13,000.
2) Increased position of Class B share of Berkshire Hathaway Inc (BRK.B) at $3,643. Now I own a total of 10 Class B shares!
MONTHLY COMMENTS/NEXT STEPS
1) Efforts have been made to gradually move the Portfolio's asset allocation to the desired 50-35-15 allocation. In the foreign equity space, I plan to continue the dollar-cost averaging purchase on a weekly basis. In the domestic equity space, barring good stock ideas, I might have to add more domestic fund positions.
2) The Portfolio underperformed the similarly allocated 45-30-25 Benchmark by 0.3 percentage points in the month, but is still ahead by a full percentage point since 2006.