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March, 2023: 27
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. |
3/27/23- As noted both last month and in January, we are now retaining our basic 25 liquid assets for a year and a day, yet, as here, will show their categories and ticker symbols among each month's entries:
Dividend Assets ANBEX; CHK; EGLE; EQTIX; FYLD; JXN; LVHI; PCN; PMFYX; and WU.
Value Assets FNF; LSEA; SM; VIR; and WIRE.
Growth Assets BILL; DDOG; NET; S; and SNOW.
Exchange Traded Funds [ETFs] at a Discount QQEW; QQQ; VTI; VB; and VIOO.
In addition, we are gradually adding shares of higher yielding stocks or ETFs in order to achieve our target level of total portfolio dividends for 2023, $62,986.
Since the 2/27/23 entry, total liquid assets have fallen $62,664 or 3.36% and now stand at $1,803,271. The entire nest egg, including real estate, bond assets, common stock shares, collectibles, etc., is now worth $2,303,871 a gain of $72,719 or 3.26% since the end of 2022.
Readings I had done a few years ago, on how the market does or does not meet our expectations, indicated that it often tends to do what we would have bet against. In a year starting out like 2023, with all its uncertainties and challenges, this might mean a counterintuitive outcome, with stocks finishing the twelve months in positive territory compared with 2022. I shall be glad to see it, of course, but will certainly not take on extra risk to take advantage of such a development. Rather, I probably will simply stay the course with relatively conservative allocations and hope for the best.
Disclaimer and Disclosure Statement
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.