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January, 2020: 1 20
Disclaimer - IMPORTANT - Read this first!
| Investor's Journal is a diary focused strictly on investments and personal finance issues, primarily from a contrarian and retiree point of view. Follow along with an average guy's failures and successes as he learns, by trial and error, the fine art of value investing. |
1/1/20-Since the prior entry (12/26/19), again no assets have been bought or sold for/from our basic 25 equities. They therefore remain: AAPL; AEG; AYX; BRX; CRWD; CVS; DDOG; FTNT; GILD; GM; INTC; NHC; OKTA; OLP; QQQ; RIO; RSP; SCHD; SNY; T; USB; VHT; VIOO; VOD; and WPP.
Year-end summary: As of the close of trading yesterday, 12/31/19, my wife's and my liquid holdings totaled $1,591,303, down $2625, or 0.17%, since the last posting.
Portfolio dividends (from current holdings through 2019) exceeded the year-end goal of $42,563, winding up at $43,151. The average yield on such holdings remains above 2.00%. Investments are bought and sold so as to assure a 13.5% or greater annual increase in liquid asset dividends (from the latest, 12/31/18, base amount of $37,500). The target total dividend amount for 12/31/20 is $48,309. Assuming an average 3% dividend level for the holdings, this goal would be achieved with an addition to the portfolio of $171,934.
Net total assets (including real property, an estate distribution of roughly $33,000, and all other holdings) have increased 17.88%, or $288,658, from their 12/31/18 level and are now $1,903,433.
We continue to keep around 10% of liquid assets in reserves, 23% in bond assets, and 67% in equities, mostly in the basic 25 holdings above.
1/20/20-Since the prior entry (1/1/20), shares of AMGN and COUP were bought for and all shares of INTC and RIO were sold from our basic portfolio. The new set of 25 equity holdings is as follows: AAPL; AEG; AMGN; AYX; BRX; COUP; CRWD; CVS; DDOG; FTNT; GILD; GM; NHC; OKTA; OLP; QQQ; RSP; SCHD; SNY; T; USB; VHT; VIOO; VOD; and WPP.
Portfolio dividends are on target to achieve our total dividend target for 12/31/20 of $48,309. As noted previously, investments are bought and sold so as to assure a 13.5% or greater annual increase in liquid asset dividends (from the latest, 12/31/18, base amount of $37,500). Assuming an average 3% or greater dividend level for new holdings, the total dividends goal for this year should be attained with a net addition of $171,934 to the portfolio in 2020.
As of close of trading on 1/17/20, our liquid assets had a market value of $1,617,134, up $25,831 or 1.62% since the previous entry.
Net total assets (including real estate and all other holdings) have increased 1.37%, or $26,101, from their 12/31/19 level and are now $1,929,534.
As usual, we maintain an allocation of liquid assets at roughly 10% in reserves, 23% in bond holdings, and 67% in stocks, exchange traded equity funds, or stock mutual funds. The majority are in our basic 25 holdings cited above.
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Neither I nor Investor's Journal will be responsible for losses by anyone who obtained ideas from this site.
This diary is intended for personal interest and general information only. You are advised to do your own research (as well as to consult highly compensated professionals) before spending money on anything.
I know of no reason anyone should take my financial musings seriously. At best I am a dedicated amateur providing a bit of investment-related insight and entertainment, at worst an amusing diversion.
My wife, Fran, and I may at times own shares of some of the assets mentioned here. But neither of us receive any benefit from reference to them, unless you count the mutual misery when we get it wrong, or the opportunity to gloat when we get it right.