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March, 2018: 30
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.


3/30/18-Since the prior entry (2/24/18), there have been 4 assets (AMGN, ANAT, FL, and IPG) sold from and 4 (AEL, HMC, INTC, and TEVA) bought for our basic 15 holdings. The new list, then, is as follows: AEG; AEL; BRK/B; CVS; EXPD; HMC; INTC; MCK; NLY; SLB; T; TEVA; WBA; WPP; and VZ.

Our liquid assets have gone down 2.76% or $38,959 to $1,372,913 since that last entry. The total equity portion's yield continues to be at least 2.0% of the stock portfolio market value and is on target to achieve a 12/31/18 goal of $33,350.

Since 12/31/17, net total assets have decreased 0.38% or $6331 to $1,678,873.

The market continues to fluctuate with more volatility than for some time previously. In my view, there is more risk on the downside in equities than of missed opportunity on the upside for being a cautious investor. Thus, we persist in maintaining a significant portion of liquid assets in cash reserves. While we may not get all the potential gains of a 100% stocks allocation, we shall be better prepared to scoop up bargains once there is a new severe correction or a bear market.

Disclaimer and Disclosure Statement
Much as I'd love it to be otherwise, I receive no payment of any kind for disseminating investment information unless, by some fluke, millions of folks, on the strength of these entries, start buying shares of stock I own, a possibility only slightly less likely than our being destroyed by a large meteorite. Do not follow any suggestions made in Investor's Journal as if I were a professional.

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.

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