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Mid-year check in: How are you doing?

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  • LivingAlmostLarge
    replied
    haven't checked too much

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  • Scallywag
    replied
    Exchanged various odd funds for VTSAX. I do feel worried giving up some star performing funds but simplicity is the name of the game from now on.

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  • disneysteve
    replied
    Originally posted by james.hendrickson View Post

    Hows the performance relative to the S&P 500?
    That really only matters if their portfolio is intended to mirror the performance of the S&P 500. A better question would be to ask what the asset allocation is. All they said was that it's in mutual funds, but that could mean anything - stocks, bonds, money market, real estate, commodities, precious metals, etc.

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  • james.hendrickson
    replied
    Originally posted by Fishindude77 View Post
    Our IRA which is invested in mutual funds is down approx. 2% from where it was at the start of year. We've been drawing $4,000 per month out of it for spending money, so it's actually done well.
    Hows the performance relative to the S&P 500?

    Leave a comment:


  • Fishindude77
    replied
    Our IRA which is invested in mutual funds is down approx. 2% from where it was at the start of year. We've been drawing $4,000 per month out of it for spending money, so it's actually done well.

    Leave a comment:


  • ~bs
    replied
    up couple percent on two older 401ks. former employers so no contributions to muddy up calculation of gain/loss.

    Main reason for gain is I adjusted allocation to reduce fixed income and increase growth fund when the market was tanking in march.

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  • corn18
    replied
    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.

    Leave a comment:


  • cypher1
    replied
    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.

    Leave a comment:


  • bjl584
    replied
    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

    Leave a comment:


  • Singuy
    replied
    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).


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  • srblanco7
    replied
    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.

    Leave a comment:


  • scfr
    replied
    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.

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  • Jluke
    replied
    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

    Leave a comment:


  • disneysteve
    replied
    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.

    Leave a comment:


  • srblanco7
    replied
    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.

    Leave a comment:

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