How much did dividends decline if you include buybacks?
A nice "correction" and impressive recovery happened since the last post in this thread.
Anybody got any updates?
Market timers usually only post when they called it right. Otherwise we just don't hear much.
Back to the OP.
I noticed that Running Man started this thread in September 2014 when the S&P was right around 2,000. Today it's 2,036. So for an update on selling equities 18 months ago, I'd say not bad. Or, at worst, "no harm, no foul."
Let's assume that Running_Man went all in on February 11th and is embarassed to tell us about it.
Back to the OP.
I noticed that Running Man started this thread in September 2014 when the S&P was right around 2,000. Today it's 2,036. So for an update on selling equities 18 months ago, I'd say not bad. Or, at worst, "no harm, no foul."
Market timers usually only post when they called it right. Otherwise we just don't hear much.
Same as gamblers, a distinct connection
.... Just pointing out that wall street is gambling......
Nope. Just pointing out that wall street is gambling. ....
...So today I tried to sell my option leaps but nobody took the bait, so no profit realized, pretty boring part of the post, but wanted to add it as when I do sell them I might post it, and want everyone to remember I posted this when I didn't score big.
Thanks for the update.OK Here is what I actually did, On February 24th on the open of the market I purchased enough VTI to raise my stock allocation from 25% to 35%. I also switched from HRL to ACN in my individual stocks for reasons of valuation (HRL had risen to a dividend under 1.5%), a nice run in my time of owning HRL in 2015.
But $10k invested in VFINX on 9/10/2015 when this thread started would be worth $10,602.45 with dividends reinvested, or 6% higher in roughly 6 1/2 months and 11% annually.
So close to a 5 percent opportunity cost for being in cash.
Price | Shares | $ Div Per Share | Balance | |
9/10/2014 | 184.81 | 54.11 | - | 10,000 |
9/19/2014 | 185.43 | 54.35 | 0.83 | 10,078 |
12/17/2014 | 185.53 | 54.64 | 0.98 | 10,137 |
3/20/2015 | 194.32 | 54.90 | 0.93 | 10,668 |
6/19/2015 | 194.57 | 55.14 | 0.86 | 10,729 |
9/18/2015 | 180.57 | 55.42 | 0.91 | 10,007 |
12/18/2015 | 184.84 | 55.73 | 1.04 | 10,302 |
3/18/2016 | 188.97 | 56.02 | 0.96 | 10,586 |
3/28/2016 | 187.84 | 56.02 | - | 10,522 |
But $10k invested in VFINX on 9/10/2015 when this thread started would be worth $10,602.45 with dividends reinvested, or 6% higher in roughly 6 1/2 months and 11% annually.
The thread began in 2014, so not even close to 11% annually.
Closer, but not quite.
Here's the actual return over that period:
Price Shares $ Div Per Share Balance 9/10/2014 184.81 54.11 - 10,000 9/19/2014 185.43 54.35 0.83 10,078 12/17/2014 185.53 54.64 0.98 10,137 3/20/2015 194.32 54.90 0.93 10,668 6/19/2015 194.57 55.14 0.86 10,729 9/18/2015 180.57 55.42 0.91 10,007 12/18/2015 184.84 55.73 1.04 10,302 3/18/2016 188.97 56.02 0.96 10,586 3/28/2016 187.84 56.02 - 10,522
A $522 return on $10K over a little more than 18 months works out to be 3.3% annualized. That's better than the 1% I get in my cash account, but I wouldn't exactly lose sleep over missing out on that kind of gain either.