First, we invite you to join our Sunday, September 5, 7:30 PM Eastern Time, Zoom meeting dealing with the Buffett Indicator, what it means in today’s market and how it affects our portfolios.
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Now, let us see what our fearless, intrepid investor will do in her “fun” portfolio when the New York Stock Exchange opens today at 9:30 AM.
She recently took $90,000 out of her “fun” portfolio for personal reasons leaving it with 1,000 shares of Novavax (NVAX). The value at market closing last Friday, August 27, was $226,270,00.
Like most portfolios not investing within the guidelines of the six habits which the Monday Morning program promotes, her “fun” portfolio is not doing well compared to a typical Monday Morning portfolio. (See SPIVA for evidence-based claims.)
As you can see below, MorningStar analysts estimate that NVAX is 8% undervalued now.YOU NEED TO LOGIN TO VIEW THE REST OF THE CONTENT OR LEAVE A COMMENT. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us