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Captain Conservative's Portfolio
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Ticker Quantity Name Price Value Price Value Change
ABT690ABBOTT LABORATORIES$57.01$39336.90$56.57$39033.30% +0.78
C2194CITIGROUP INC$19.07$41839.58$18.30$40150.20% +4.21
CSCO2800CISCO SYSTEMS INC$22.26$62328.00$22.28$62384.00% -0.09
GPS430THE GAP INC.$19.19$8251.70$19.14$8230.20% +0.26
IBM1200INTERNATIONAL BUSINESS MACHINE$114.33$137196.00$115.00$138000.00% -0.58
KO2100COCA-COLA CO (THE) (UNITED STATES)$51.93$109053.00$51.71$108591.00% +0.43
MER2200MERRILL LYNCH & CO INC$26.73$58806.00$26.21$57662.00% +1.98
PG1640PROCTER & GAMBLE CO.$70.78$116079.20$70.44$115521.60% +0.48
SWY690SAFEWAY INC.$26.15$18043.50$27.20$18768.00% -3.86
 
Totals: $590933.88 $588340.30 
Cash Available: $330371.39    
     
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Captain Conservative's Comments

Some of the many things to take into consideration when investing in a company for a long term are: fundamentals, management, current price, and consistency in earnings growth. A company with strong fundamentals typically has a high-quality product that distinguishes it from others. Such a company will have above-average earnings growth, and possess a strong balance sheet. With relatively high P/E ratios in the market today, it is important to look for companies with ratios that are still justifiable

A management team such as Intel's, which has revolutionized the microchip industry, is a vital part of the company, especially if a long-term relationship with the stock is going to be established. Finally, a company with consistent reported earnings demonstrates recurring demand on a regular basis for the services or products which the company supplies. Such companies are less susceptible to downturns in the economy.

From now on, we will actively watch and manage this portfolio, and inform of any additions or subtractions as they take place. Not too many positions will change as this is not based on the volatility of the market, rather long term growth.







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