Home
Previous
Next
September, 2023: 26
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. |
9/26/23- We are retaining our basic 25 liquid assets through 2023 and 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.
Since the 8/31/23 entry, total liquid assets (TLA) through the close of trading today have fallen $63,135, or 3.25%, and now stand at $1,878,712. The entire nest egg, including real estate, bond assets, common stock shares, collectibles, etc., is now worth $2,481,162 a gain of $250,010, or 11.21%, since the end of 2022.
Our portfolio has remained in a trading range, neither up nor down even 5%, for several months. I would have to characterize it as rather stodgy. Am hoping to give it a bit more pizzazz.
Thus, once the 25 assets noted above have been held a year and a day, am expecting to move our total liquid assets into allocations as follows: 20% in reserves or in money market funds paying 5% or more; 20% in misc. stocks I intend to hold indefinitely, which my wife if she outlives me may sell, should she so choose, soon after my death (including over 12% of TLA in BRK/B); 20% in recommended Motley Fool assets (that have on average tended to outperform the market); 20% in Schwab A-rated value stocks; 10% in key ETFs which, as a group, have outperformed the market, such as QQQ, VBR, or VIOO, plus key sector funds such as FSPHX or VGHCX; and, finally, 10% in carefully selected dividend assets. These allocations shall be rebalanced after a year and a day or after one or more of the portfolio components fall or rise by at least 10%.
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.