Home
Previous
Next
August, 2019: 5 24 29
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. |
8/5/19-Since the prior entry (7/11/19), no shares have been sold from or bought for our basic 25 holdings. They therefore remain as follows: AEG; AYX; BRK/B; BRX; CAH; GILD; GM; HMC; MDB; MPW; NHC; OKTA; OLP; QQQ; RIO; SCHD; SNY; T; TWLO; USB; VHT; VIOO; VOD; WPP; and ZS.
Effective at the close of trading today, my wife's and my liquid holdings stood at $1,473,855, down $50,827, or 3.33%, from their level on 7/11/19.
Dividends remain targeted to attain our 12/31/19 goal of $42,563. Average yield on our holdings is at least 2.00%. Further, investments are made so as 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 property, an estate distribution, and all other holdings) have increased 10.54%, or $170,130, to $1,784,905.
Recent turbulence in the markets further confirms us in a preference for a well allocated liquid portfolio, with roughly 1/3 in bond holdings or reserves and 2/3 in equities.
8/24/19-Since the prior entry (8/5/19), shares of BRK/B were sold from and shares of RSP were added to our basic 25 holdings. The updated list is therefore: AEG; AYX; BRX; CAH; GILD; GM; HMC; MDB; MPW; NHC; OKTA; OLP; QQQ; RIO; RSP; SCHD; SNY; T; TWLO; USB; VHT; VIOO; VOD; WPP; and ZS.
Effective at the close of trading yesterday, my wife's and my liquid holdings stood at $1,487,820, up $13,965, or 0.95%, from their level on 8/5/19.
Total portfolio dividends anticipated from current holdings now exceed the year-end target of $42,563. The average yield on our assets is maintained at a 2.00% or greater level. As noted before, investments are made so as 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 property, an estate distribution of roughly $33,000, and all other holdings) have increased 11.41%, or $184,305, to $1,799,080.
Instability among political leaders and irresponsible U.S. fiscal programs do not encourage us to be very aggressive with our equity allocation. We therefore persist with about 1/3 in bond holdings or reserves and 2/3 in equities. Indeed, were it not for our guaranteed retirement revenue being almost equal to dividend income, we would probably be much more conservative.
8/29/19-Since the prior entry (8/24/19), no shares have been sold from or bought for our basic 25 holdings. They continue then to be as indicated on 8/24/19: AEG; AYX; BRX; CAH; GILD; GM; HMC; MDB; MPW; NHC; OKTA; OLP; QQQ; RIO; RSP; SCHD; SNY; T; TWLO; USB; VHT; VIOO; VOD; WPP; and ZS.
Effective at the close of trading today, my wife's and my liquid holdings stood at $1,511,986, up $24,166, or 1.62%, from their level on 8/24/19.
Total portfolio dividends anticipated from current holdings in 2019 remain above the year-end target of $42,563. The average yield on our assets is maintained at a 2.00% or greater level. Investments are bought and sold with a view to assuring 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 property, an estate distribution of roughly $33,000, and all other holdings) have increased 12.91%, or $208,541, to $1,823,316.
Though the yields on both bond assets and money market funds are small, it seems prudent to hold assets which in a market downturn will retain most or all of their value. As a group, they might even go up, as occurred in the 2008-2009 financial crisis. Accordingly, roughly a third of our liquid holdings are being kept in reserves or bonds.
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.