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September, 2019: 4
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. |
9/4/19-Since the prior entry (8/29/19), no shares have been sold from or bought for our basic 25 holdings. They continue then to be: 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 $1,519,478, up $7492, or 0.50%, from their level on 8/29/19.
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. For the past few years it has on average exceeded this rate handily. 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).
With the above total liquid assets, our portfolio has exceeded the 2019 year-end target for such holdings. A new target is set each year by simply adding to the prior year's target the amount, at an assumed 3% average yield, required to generate our goal of a 13.5% annual increase in total dividends.
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 13.38%, or $216,103, to $1,830,878.
We continue to maintain a cautious allocation of the portfolio, approximately 10% in reserves, 23% in bond holdings, and 67% in equities.
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.