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October, 2019: 6 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. |
10/6/19-Since the prior entry (9/4/19), no shares have been sold from or bought for our basic 25 holdings: 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.
My wife's and my liquid holdings total $1,499,634, down $19,844, or 1.31%, since last month.
Portfolio dividends (anticipated from current holdings in 2019) exceed a year-end goal of $42,563. The average yield on such holdings is above 2.00%. Investments are bought and sold so as to assure a 13.5% or greater annual increase in liquid asset dividends (from the latest, 12/31/18, base amount of $37,500).
Net total assets (including real property, an estate distribution of roughly $33,000, and all other holdings) have increased 12.17%, or $196,539, from their 12/31/18 level and are now $1,811,314.
Market gyrations following the announcement of an inquiry into the impeachment of the sitting U.S. President would seem to underline the wisdom of keeping one's assets well allocated. Ours is still maintained at about 10% in reserves, 23% in bond holdings, and 67% in equities.
10/26/19-Since the prior entry (10/6/19), all shares of HMC were sold, and shares of CVS were bought in their place for our basic 25 equities. Accordingly, those holdings are now as follows: AEG; AYX; BRX; CAH; CVS; GILD; GM; MDB; MPW; NHC; OKTA; OLP; QQQ; RIO; RSP; SCHD; SNY; T; TWLO; USB; VHT; VIOO; VOD; WPP; and ZS.
My wife's and my liquid holdings now total $1,507,727, up $8033, or 0.54%, since the last posting.
Portfolio dividends (anticipated from current holdings in 2019) exceed a year-end goal of $42,563. The average yield on such holdings is above 2.00%. Investments are bought and sold so as to assure a 13.5% or greater annual increase in liquid asset dividends (from the latest, 12/31/18, base amount of $37,500).
Net total assets (including real property, an estate distribution of roughly $33,000, and all other holdings) have increased 12.70%, or $205,042, from their 12/31/18 level and are now $1,819,817.
Were it not for retirement or Social Security income, we would keep a larger percentage of our net total assets in relatively stable or lower risk holdings. As it is, particularly given the level of uncertainly in financial and political spheres, I am more comfortable keeping at most 2/3 in equities, with 1/3 allocated to reserves or bond assets.
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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.