Portfolio is performing well since we made the big changes two Fridays ago. Year to date, we are holding on to a 2.2% gain vs. a negative 11% for the S&P 500. Remember, defense wins championships and now is the time to be playing defense.
There are, as always, many different opinions out there as to what is going to happen next. Lot's of folks trying to pick a bottom... some saying its a good time to 'dollar cost average' into stocks now and some saying just ride it out. Read my lips.. I.. do.. not.. care.. what anyone has to say on the matter. Don't get me wrong, I listen and I am interested, I just do not make portfolio decisions based on opinion or guesses. I have my process of tracking money flow and measuring relative strength and I am sticking to it because it works for me. Right now... Today... I am happy to be 50% cash, 25% metals and 25% investment grade corporate bonds and playing it safe and my portfolio is rewarding me. If my indicators change, I'll be ready to pounce and I will tell you about any moves I plan on making.
| | Jan 24, 2011 | today | % Change |
| My Portfolio | $99,994.75 | $102,196 | 2.20% |
| S and P 500 | 1282 | 1140 | -11.08% |
| FTSE 100 | 5943 | 5092 | -14.32% |
| Commodities Index (GSG) | 33.99 | 32.42 | -4.62% |
| 20 Year Treasury (TLT) | 92.43 | 110.29 | 19.32% |
| Holdings Since 8/5/2011 | | | | | | | | | |
| Cash | Type | Ticker | Weight | Shares | Starting Price | Total Starting Value | Current Price | Total Current Value | % Gain (Loss) |
| Money Market | | | 50.00% | | | $50,306 | | $50,306 | |
| Bonds | | | | | | | | | |
| Investment Grade | ETF | LQD | 25.00% | 222 | $113.47 | $25,153 | $113.55 | $25,171 | 0.07% |
| Commodities | | | | | | | | | |
| | | | 25.00% | | | | | | |
| Gold | ETF | GLD | 10.00% | 62 | $161.25 | $10,061 | $177.55 | $11,078 | 10.11% |
| Silver | ETF | SLV | 15.00% | 395 | $38.23 | $15,092 | $39.62 | $15,641 | 3.64% |
| | | | | | | $100,612 | | $102,196 | 1.57% |
Never forget that if you lose 50% on your portfolio, it takes a gain of 100% to recover your losses. The name of the game is to not lose money in down markets and make as much as you can in up markets. It is not to buy low and sell high. Nobody wins at that game.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.