armember-membership domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home1/wanrru6iyyto/public_html/wp-includes/functions.php on line 6114ARMember domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home1/wanrru6iyyto/public_html/wp-includes/functions.php on line 6114It is now the end of the quarter and time to post the status of my Railroad Fund as of 06\/30\/2020. For those of you not aware, I am testing my value investing<\/a><\/strong><\/span> theory and chose railroads since their dynamics and reporting requirements are closely aligned. I started this back in the 3rd week of October 2019. This is a one year test to see how my fund does against the market as a whole. I firmly believe that value investing is the absolute best method to invest for the following reasons:<\/span><\/p>\n The fund started out with $10,000 on October 21, 2019 and it is now 8.5 months later. I have had multiple trades to date, approximately 5 total. My current position for the fund is:<\/span><\/p>\n 49.060606 Shares of Norfolk Southern Corporation – Closes at $175.82\/Share\u00a0 FMV =\u00a0 $8,625.84 (Avg Buy Price\/Share = $203.83 for Basis of $10,000.00)<\/span><\/span> Gain on the initial fund basis of $10,000 is $181.00.<\/span><\/p>\n Dow Jones Industrial Average on Oct 22 at opening:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 26,828<\/span> Naturally, the above isn’t anything to get excited about. The market is a reflection of the current COVID Pandemic and the impact on the US economy. But it does validate the minimal downside risk element related to value investing. In effect, my fund has not decreased in value in comparison to the market. When the market recovers or begins to head in a positive direction over a long term period of time; my investment fund will also recover. Once I sell Norfolk Southern Corporation<\/span><\/strong><\/a> shares, which I anticipate happening prior to Oct 21, I anticipate selling them at their previous high of $219.88 (01\/29\/2020 at 10:30 AM). Once sold, my fund balance will equal approximately $1,2293.55. Now we just wait. Based on my analysis, the share price will recover; it is just a matter of waiting. Act on Knowledge.<\/strong><\/span><\/p>\n\n
\nCash Position including recent dividend payment from NSC\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 =\u00a0 $1,555.16<\/span>
\nTotal Fund Balance\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0= $10,181.00<\/span>
\nFMV Gain as a % Since Inception:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0=\u00a0 \u00a0 \u00a0 \u00a01.81%<\/span><\/p>\n
\nDow Jones Industrial Average on June 30th 2020 at closing:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 25,813<\/span>
\nMarket Change as a Percentage Decrease:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 -3.78%<\/span><\/p>\n