Finally, a REAL market timing move: VNQ is up quite a bit in the minutes since I posted and up more than 1% since the purchase this morning.
My portfolio has been heavily weighted towards value stocks for the past two decades. I'm not planning on making any changes.I just tried out Vanguard's portfolio analysis & what-if tools. The ETF I had in mind is a value mid-cap. Then I learned that my entire portfolio is hugely over weighted in value stocks, it is encouraging me to choose growth investments.
Given the current market levels would you stick with value vs growth? (a substantial % is in Wellington Income fund).
I just tried out Vanguard's portfolio analysis & what-if tools. The ETF I had in mind is a value mid-cap. Then I learned that my entire portfolio is hugely over weighted in value stocks, it is encouraging me to choose growth investments.
Given the current market levels would you stick with value vs growth? (a substantial % is in Wellington Income fund).
I think the only legit way to calculate ROI for something that has transactions (additions, subtractions) is to use the XIRR() algorithm. That's what mutual fund companies use. XIRR is what MSMoney uses. I think it is what Quicken uses. Excel has the function.
BTW, XIRR is not what the Beardstown Ladies used.
I was curious and tested LOL!'s suggestion about XIRR() and its use in Quicken.
It's only 2 months into the year but Quicken matched exactly with my basic calculation on that IRA, after dividing by 6 to undo Quicken's primal need to annualize the return.
For a YTD return, can you set the date range from 1/1/2015 to 12/31/2015 and not have to divide?
OK, it looks like jobs report spooked some folks. So I made another buy this morning of VEU with remaining cash raised yesterday. With that I am doubled up a little bit on international and will submit an order later today to unload about the same amount of FSGDX. I sure hope VEU goes up from here today.
My recent VNQ buy is taking it on the chin, so I blame NW-Bound on that one.
REITs took a beating today. You did well with VNQ to avoid -3.32% on the day.So VEU did not go up, so lost some money there. But I kept at it anyways. In the last 15 minutes of trading, I sold more VCSH (short-term bond) and bought more VEU with it. Also submitted an order to exchange from FSGDX to FSITX. The net effect is that it looks like I sold VCSH and bought FSITX since VEU and FSGDX cancel each other out.
I'm not done with unloading FSGDX, so perhaps more action next week.
And today's newly purchased shares of VNQ closed at about where I bought them.
I wish everybody a good weekend!