I know markets have been quiet lately, but I just did a few calculations and realized that my portfolio rises and falls very little from day to day, and it suits me great. Wonder how my stats compare to others:
Typical day's change in portfolio value: less than 0.1%
Quiet day: less than 0.05% up or down, often as low as 0.02%
Big day: around 0.2%- 0.3% change in portfolio value
Big day would have had the S&P or Nasdaq up or down over 1.5%
Maybe this is normal effect of blending about 50% fixed income and 50% stocks, (actually 40% FI, 40% stocks and 20% other -- things like REITS, Oil& Gas, Commodities but if you had to mash them down into two categories it would be about 50-50). But I'm clinging to the idea that all my slicing (14 asset classes) is the real factor levelling out the daily ups and downs.
Anybody else doing these types of calculations? How do your daily swings compare? Anybody ever calculate a Beta for your portfolio? (Mine is .28 )
One final thought: I have all my accounts funnelled into the Vanguard Cash-Edge portfolio utility which means I get automatic daily updates. I wonder if knowing the daily ups and downs has made me aggressively seek a low volatility portfolio, whereas when I used to hand-calculate these things once a month I didn't care as much about volatility and happily held riskier assets. Anybody been through the same evolution? Maybe it's just the switch from accumulating to disbursement mode that's making me want more stability...
Typical day's change in portfolio value: less than 0.1%
Quiet day: less than 0.05% up or down, often as low as 0.02%
Big day: around 0.2%- 0.3% change in portfolio value
Big day would have had the S&P or Nasdaq up or down over 1.5%
Maybe this is normal effect of blending about 50% fixed income and 50% stocks, (actually 40% FI, 40% stocks and 20% other -- things like REITS, Oil& Gas, Commodities but if you had to mash them down into two categories it would be about 50-50). But I'm clinging to the idea that all my slicing (14 asset classes) is the real factor levelling out the daily ups and downs.
Anybody else doing these types of calculations? How do your daily swings compare? Anybody ever calculate a Beta for your portfolio? (Mine is .28 )
One final thought: I have all my accounts funnelled into the Vanguard Cash-Edge portfolio utility which means I get automatic daily updates. I wonder if knowing the daily ups and downs has made me aggressively seek a low volatility portfolio, whereas when I used to hand-calculate these things once a month I didn't care as much about volatility and happily held riskier assets. Anybody been through the same evolution? Maybe it's just the switch from accumulating to disbursement mode that's making me want more stability...