Type: S&P 500 Index Trust
American Stock Exchange
86 Trinity PL
New York, NY 10006-1881
On May 29, 2002, 2002, the Rule Breaker Portfolio sold 120 shares of S&P 500 Depositary receipts (AMEX: SPY).
ACTION # STOCK PRICE COMS'N REC'D Sold 120 SPY $107.70 $8.00 $12,916.00
On a hot July 2, 1998, the Fool Portfolio cut the thread to its Spiders (Amex: SPY) and poured itself into Starbucks (Nasdaq: SBUX). The belief is that Starbucks can beat the S&P 500 (which the Spiders mirror) over the long-term. Spiders did serve us well, though. For the numbers, please see below. While if you're interested in investing in the S&P 500 Spiders (they're like an S&P 500 index fund, but trade as a stock), please see the Spider sell report. For information on the long-term purchase of Starbucks, please see the Fool's buy report.ACTION # STOCK PRICE COMS'N REC'D Sold 115 SPY $114 1/2 $8.00 $13,159.50 SPY return from Jan. 8, 1998: 19.3% S&P 500 return: SAMEACTION # STOCK PRICE/SHARE COMS'N REC'D Sold 41 SPY $126.85 $8.00 $5192.85
On April 24, 2002, the Rule Breaker Portfolio bought 410 shares of S&P 500 Depositary receipts (AMEX: SPY). With cash from the sale of Celera Genomics and from our $12,500 quarterly deposit ($25,000 this quarter because we missed one), we followed our policy of keeping all cash invested in the S&P 500 until we find stocks in which to invest it. We stay fully invested.ACTION # STOCK PRICE/SHARE COMS'N TOT PAID Bought 410 SPY $110 $8.00 $45,149.00ACTION # STOCK PRICE/SHARE COMS'N TOT PAID Bought 115 SPY $95 3/4 $18.00 $11,029.25ACTION # STOCK PRICE/SHARE COMS'N TOT PAID Bought 41 SPY $132.69 $8.00 $5448.29