Home
Previous
Next
November, 2024: 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. |
11/29/24- Our total liquid assets stand at $2,423,416, down from last month's entry. My wife's and my nest egg of all assets, including real estate, is up $300,849 or 11.22% from its level as of 12/31/23 and is now worth $2,982,889.
Core 25 holdings remain as in our last entry. The plan is simply to post them through the end of 2024 or till they have been held a year and a day, whichever later. Once again, they are as follows:
Dividend Assets CHK; CMCSA; F; FINV; JWN; NXST; SD; WFC;
Value Assets ALSN; BOOT; CPE; GPOR; INMD; INSW; JKS; NEXN; PBF; SBOW; SWN; ZYME;
Growth Assets CELH; MNDY; NARI;
Exchange Traded Funds [ETFs] QQQ and VBR.
Individual value assets have both risks and rewards, of course, so it is important that each person do his or her own due diligence and/or listen to trusted professionals before purchasing any assets. Nonetheless, for what it is worth, I have found ten additional value stocks that for me now look worthwhile: ASC; ATKR; BRY; BTU; CF; DAC; GSL; JBL; MTH; and STNG.
Considering the fact, though, that our country's stock markets are now greatly overvalued, I personally would not put much of my reserves into even good quality, low price to value securities. Instead, history suggests it can be wise, before picking up apparent bargains, to wait till the S&P 500 is down substantially from its all time highs. It has been suggested that, from their currently elevated levels, stocks are likely over the next decade or so on average to perform less well than most AAA corporate 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.