Good week, up about a percent. Very little change in the portfolio. A bit more gold, a bit less bonds. Effectively, this is the same as last week. On July 26th, the portfolio rebalanced to: 72% SPY , 20% TLT , 8% GLD
Month: July 2019
Portfolio on 7.19.19
Probably the worst week of the year. Down about 0.8%. Bonds are becoming more inversely correlated with stocks again, so they come back into the portfolio as they now add some value. But bonds are still pretty volatile, so we don’t need/want a large amount. On July 19th, the portfolio rebalanced to: 72% SPY ,…
On a Long Enough Timeline, the Survival Rate for Every Investment Drops to Zero.
All investments die. Given enough time, it’s clearly true. Eighty seven percent of Fortune 500 companies from 1955 are no longer around. Buying a portfolio of the 500 largest companies in 1955 and holding them until now would have been a poor idea. Kind of makes you wonder why “buy and hold” is such a…
Portfolio on 6.28.19
For some reason this didn’t publish. But here is what I wrote at the time Not the best week, but nothing to worry about. Down about a tenth of a percent. As I said last week, the portfolio was close to bringing in cash, and now it has. Key point, it brought in the cash…
Portfolio on 7.12.19
Up just over half a percent for the week. Not a huge change in the portfolio. Effectively cleared out the cash and moved it back into bonds. Maybe it was just luck, but I was pretty happy to be underweight bonds this week. On July 12th, the portfolio rebalanced to: 84% SPY , 8% TLT…
How to Balance a Portfolio
Few people balance a portfolio properly. Most have no idea even where to start. In this post, I’m going to show you the proper method to balance a portfolio for the long term. To do this we will analyze the simplest portfolio possible: a risky asset (i.e, stocks) and a risk free asset (i.e cash…
Portfolio on 7.5.19
Up about 1.3% this week. Portfolio didn’t change much on Friday, just went to a little less cash. On July 5th, the portfolio rebalanced to: 80% SPY , 4% TLT , 11% GLD , 5% Cash