In 2014Q2, I started building up The Magic Formula Portfolio following the buy and sell criteria listed in the blog post titled Start Building Up The Magic Formula Portfolio.
As stated in the above blog post, I will review the performance of the portfolio quarterly. The following is the result of 2015Q4, loss 21.32% on 31 Dec 2015.
I sold the following stocks on 4 January 2016 as these three stocks no longer exists in the Magic Formula list.
Total available investment capital is $969.28. On the 5 January 2016, I added the following stocks to the portfolio, cost $988.89, the balance of investment capital $-19.61: