Test Accounts Week 7

We’ve just completed week 7 for the test accounts. The S&P 500 index dropped a tad bit  -0.3%. Meanwhile the 3 market related test accounts finished up slightly for the week. Betterment was up 0.2%, Wealthfront gained 0.2%, and Folio Investing 0.3%.

Folio Investing notified me that the RTG folio “Analyst Upgrades” made its monthly ajustments. This resulted in 29 buy and 27 sell orders. I did have the option staying with the stocks I held in the folio. But that would seem to be contrary to the purpose of this RTG. These trades will be made in the next trading window, Monday 11 AM.

Progress has been made at Lending Club. We’ve added 25 notes that have been issued from automated investing. We’re down to 24 notes in the review stage. By my math, that means 60 notes were rejected last week in the final stage. Since I paused automated investing the money for these notes went back in my account. I used some of this cash to purchase 4 notes from the secondary market. Finally, payments for some of the issued notes are coming in. That is the reason for the 0.7% increase in the account balance.

My mid-week post will go into more detail in the changes in Lending Club .Follow me on twitter @billlanke and I’ll let you know when I update the blog.

W/E	S&P 500	BTRMNT	WLTFRNT	FOLIO	LND CLB
16-Jan	-1.2%	0.0%	0.4%	-0.2%	0.0%
23-Jan	1.6%	1.1%	0.7%	2.0%	0.0%
30-Jan	-2.8%	-1.5%	-0.9%	-2.0%	0.0%
6-Feb	3.0%	1.0%	1.0%	0.9%	0.0%
14-Feb	2.0%	1.0%	0.8%	1.8%	0.0%
21-Feb	0.6%	0.6%	0.4%	0.5%	0.0%
28-Feb	-0.3%	0.2%	0.2%	0.3%	0.7%