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May, 2019: 1
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. |
5/1/19-Since the prior entry (4/7/19), shares of MCK were sold and QQQ shares were bought for our basic 25 holdings. They are therefore now as follows: AEG; AYX; BRK/B; BRX; CAH; GILD; GM; HMC; MPW; NHC; OKTA; OLP; QQQ; RIO; SNY; T; TTD; TWLO; USB; VHT; VIOO; VOD; WPP; XBI; and ZS.
Effective early this morning, my wife's and my liquid holdings stood at $1,441,956, up $24,815, or 1.75%, from their level on 4/7/19.
Dividends remain on track to achieve our yearly target for 2019 of $42,562. The plan continues to be, first, to keep a 2.00% or greater average yield on our assets, and, second, to assure at least a 13.5% annual increase in liquid asset total dividends, from a base amount, as of 12/31/18, of $37,500.
Since the end of last year, net total assets (including real estate and other non-liquid holdings) have increased 8.50%, or $137,181, to $1,751,956.
It is noted that new record highs are again being achieved in major market indexes. How long this may be sustainable is an open question. The liquid asset portion of our nest egg is allocated for only a moderate level of risk, about one-third in either bond holdings or reserves, the rest in equities. Most of the latter are as indicated above.
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.