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May, 2023: 31
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.


5/31/23- We are retaining our basic 25 liquid assets for a year and a day, but are showing 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.

We continue on a dollar-cost-average basis to add shares of higher yielding stocks or ETFs in order to achieve our target level of total portfolio dividends for 2023, $62,986.

Since the 4/22/23 entry, total liquid assets have fallen $5118 or 0.27% and now stand at $1,868,794. The entire nest egg, including real estate, bond assets, common stock shares, collectibles, etc., is now worth $2,470,124 a gain of $238,972 or 10.71% since the end of 2022.

Although it appears a U.S. debt ceiling crisis has been averted, there are other uncertainties that are likely to affect the stock market in coming months. We shall continue to have a conservative approach to investing with substantial amounts parked for safe keeping in very low-risk financial assets. Happily, there are now money market funds (MMFs) which provide a current yield of 4.9% or greater, including SWVXX and VMFXX. The bulk of our reserves are in one or the other of these MMFs.

Good luck in your own investing in the days ahead.

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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