Railroad Fund – Status as of 12/31/19

It’s the end of the quarter and time to report on the railroad fund. The fund started on 10/21/19 but I’m resetting the fund’s timing to the end of the quarter so that future quarterly reports tie to actual calendar quarters. The market value of the fund is $10,392.74 and I started out with $10,000 71 days ago. Thus, I’ve earned approximately $5.53 per day since inception. My cost basis is currently $10,270.32 driven by one sale of stock on 11/15/19 and receipt of dividends. Thus, since inception, this fund is growing at a slightly higher rate than 20.13% annualized.