Announcement

Collapse
No announcement yet.

Mid-year check in: How are you doing?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Mid-year check in: How are you doing?

    2020 has been a wild year so far for many reasons, investments certainly being one of them. As there are only a couple of days left in June, I thought it would be a "fun" time to check in and see how everyone's portfolios have been weathering the storm.

    In terms of percentages, our portfolio is up 2.23% from 12/31/19. All things considered, I suppose that isn't terrible. At least we're not down, as we were a couple of months ago. Who knows what the second half of the year will bring.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

    #2
    It has been fluxuating quite a bit lately (at one point I was back even with Jan 2020) but overall I'm currently down 6% - $8k of contributions, $12k losses.

    Comment


      #3
      Originally posted by riverwed070707 View Post
      It has been fluxuating quite a bit lately (at one point I was back even with Jan 2020) but overall I'm currently down 6% - $8k of contributions, $12k losses.
      Even though our bottom line is up, we have actually lost money.

      Our total is up $29,687. However, we've put in $53,890 in new money, meaning we've lost $24,203.
      Steve

      * Despite the high cost of living, it remains very popular.
      * Why should I pay for my daughter's education when she already knows everything?
      * There are no shortcuts to anywhere worth going.

      Comment


        #4
        I've booked some gains (took out ~$80k total, ~$8k / 7.5% profit) in Jan/Feb, and earlier in June (just as the market peaked) for purchasing our next house... But the overall declines have us in the red, $16.7k (3.1%) down YTD.

        In spite of the chaotic/lackluster markets, we're doing well overall. Sold our previous home, and we're under contract to buy our next home in cash. In the meantime, still adding to retirement accounts, and once our finances settle down from buying the house, we'll start buying again in our taxable investment accounts. All buckled in to enjoy the ride, wherever it may take us.....
        "Praestantia per minutus" ... "Acta non verba"

        Comment


          #5
          We're down 0.9% YTD - roughly $34k. If I included contributions, we'd be down about $70-75k YTD. All that being said, we're doing fine - we have no debt, DD graduated high school and starts college in the fall to study finance. Planning on a 5 year run for her and she'll graduate with a MBA and we have (for the most part) the funds in a 529 to take care of this. Life's good.

          Comment


            #6
            Originally posted by srblanco7 View Post
            We're down 0.9% YTD - roughly $34k. If I included contributions, we'd be down about $70-75k YTD. All that being said, we're doing fine - we have no debt, DD graduated high school and starts college in the fall to study finance. Planning on a 5 year run for her and she'll graduate with a MBA and we have (for the most part) the funds in a 529 to take care of this. Life's good.
            Very true, and a great thing to remember. We are all healthy. I've remained fully employed (though our daughter has been out of work since March 13). Our spending is down quite a bit thanks to quarantine. Everything is pretty well on track.

            Good luck to your daughter.
            Steve

            * Despite the high cost of living, it remains very popular.
            * Why should I pay for my daughter's education when she already knows everything?
            * There are no shortcuts to anywhere worth going.

            Comment


              #7
              The things I can control are maxing out the Roth, on track to max the 401k.

              I refinanced my 30-yr 3.875 (2.5 yrs old) to a 20-yr 3.125.

              2019 was a great year for my employer so my bonus was really good.

              Contemplating using excess cash for home improvements

              Comment


                #8
                Just chugging along here.
                Net worth up 2.99% from 12/31/19.

                The best recent development is that we've solidified our home purchase idea (how much we are willing to spend, the area we want to buy in, what we want in a house) and DH & I are mostly on the same page (and where we still have different ideas aren't deal breakers for either of us).
                Last edited by scfr; 06-27-2020, 05:02 PM.

                Comment


                  #9
                  Originally posted by disneysteve View Post

                  Very true, and a great thing to remember. We are all healthy. I've remained fully employed (though our daughter has been out of work since March 13). Our spending is down quite a bit thanks to quarantine. Everything is pretty well on track.

                  Good luck to your daughter.
                  Thanks DS. Excited for her. In these times of turmoil, good to take a deep breath and find things in life to be thankful for.

                  Comment


                    #10
                    Retirement account is flat YOD
                    Individual stock investment portfolio is up 70% YOD

                    Big week for my portfolio. Tesla's production and delivery report will be released around July 2nd. This report will tell investors if they make a dollar of gaap profit or not. If they are just profitable by 1 dollar this quarter, Tesla will be the largest market cap company to join the S&P 500 in history. The result may break wallstreet and see stock price double just from the inclusion as 60 billion dollars worth of shares may need to be bought on the open market in which the float of shares are only about 150 million since Elon never sells, and plenty of Tesla holders are "sell at 5k" longs. This will cause a short covering rally plus just a lack of supply of shares in general as retirement account managers are forced to pick up Tsla to track the S&P.

                    If people wonder why is the stock price so high currently, a major driver is a bet on that dollar worth of profitability. Retirement account institutional managers cannot buy Tesla prior to inclusion as it's against their accounting rules, so it's really a make or break moment for the stock this week. Chance of Gaap profitability is around 70/30 since Tesla is going all out this quarter by lowering the price of full self driving software and pushing out many full self driving features in which revenue can be realized(with 100% margins).


                    Comment


                      #11
                      My portfolio is down around 3%.
                      I haven't tinkered with anything, so I just keep DCA'ing as always.

                      One change is that I have built up more cash.
                      Some of it on purpose.
                      The rest because I haven't been leaving my house as much

                      Brian

                      Comment


                        #12
                        IRAs, Taxables YTD -6.5%, and 401K YTD -8%. When I checked 401K (super aggressive 95/5) balance earlier, the lowest I was down was around 30% when it bottomed out in March, and it didnt bother me. So at least I know where I stand on risk tolerance, and staying the course, no matter how bad the figures were.
                        "I'd buy that for a dollar!"

                        Comment


                          #13
                          My retirement account is flat YTD. Thats ok. With contributions, it's $1.4M. On track to retire next April. But I am getting the One More Year (OMY) disease. My job is boring but easy and it pays a metric boatload. I am ready for something different.

                          Comment


                            #14
                            Originally posted by corn18 View Post
                            My retirement account is flat YTD. Thats ok. With contributions, it's $1.4M. On track to retire next April. But I am getting the One More Year (OMY) disease. My job is boring but easy and it pays a metric boatload. I am ready for something different.
                            Congrats on being on track to retire! I'm targeting about 3.5 years until we're ready for the transition to either early retirement or perhaps part-time work. Does the OMY disease result from transitioning away from an "earning and saving" mindset to living off your savings mindset?

                            Comment

                            Working...
                            X