2020 Investment Performance Thread

[Dtail]

Just rebalanced again, out of equities into fixed per my IPS, restoring to 50/50. My rebalance limits may be too low, I've had to rebalance three times in a bit over three months, the first two times into equities. Now sitting at 3.3% gain for 2020, using Vanguard and Fidelity index funds for most of it. Don't know where this train is going.

Many folks use 5% rebalancing bands or even higher. If you are lower than that, perhaps it is too low.

 

[jimbee]

Many folks use 5% rebalancing bands or even higher. If you are lower than that, perhaps it is too low.

I think you're right, time to open them up a bit.

 

[wmc1000]

Still down -5.37% as of yesterdays close. This is mostly due to my large holding of T which I am still down over 12% but I keep it strictly for the dividend payouts.

 

[street]

I usually don't check numbers other then month end, but I did since I see some highs for people posting. Lol

-.12% YTD.

 

[Steeler75]

+2% YTD. AA now at 42/38/20. Did some tax harvesting last month or so and bought some on the way down in March. Very glad to see this weeks gains. But where does it go from here? Just seems like gambling now verses having any correlation to fundamentals.

 

[eytonxav]

-1.48%

 

[tmm99]

-0.67% as of 6/5/2020

 

[RobbieB]

Down 6% YTD as of 4-30-20

 

[Gulfbeach]

+3.6, as of today, 6-6-2020.

 

[Katsmeow]

I haven't checked mine yet, but I know my numbers are much better than last month.

Does this seem surreal to any of you at all though? With the pandemic causing the shutdown of the economy and our unemployment rate being so high, I thought that the market would tank more... Don't get me wrong, I am happy that it's not as bad as I anticipated, but it seems kind of unreal to me...

Maybe because people consider this to be a very short, temporary setback?

Yes, absolutely, it does seem surreal. I guess those who move markets do think this is a short setback that won't have lasting effect. I tend to ....question that.

 

[2177V]

Investors usually look at the PE ratios to determine if the market is over valued or under valued.

All PE ratios as of June 10 indicates an over value market. It is recommended that you stay in cash. This is precisely what Warren Buffet and several other billionaires are doing to increase their cash assets. Ditto for me since I am 70% treasuries bonds.

The second quarter corporate earnings usually comes out in late July or early August which will likely indicates severely depressed earnings due to the full effect of the virus for the April to June time frame.

First quarter earnings were only a partial virus effect of January to March timeframe. When the "E" in PE ratio decreases, the PE ratios increases. Generally when the PE ratios skyrockets or when the market is way over valued, the market may potentially decline.

 

[Rickt]

negative 800K before mid March with AA of 60/40 then over-rebalanced to 94/6, now up about 920K from March low and hit all time high. Crazy market but I love it !

Wonder what you think about the crazy market today? also if you changed your AA from 94/6 to more conservative?

 

[Spanky]

All PE ratios as of June 10 indicates an over value market. It is recommended that you stay in cash. This is precisely what Warren Buffet and several other billionaires are doing to increase their cash assets.

I think most members in this forum stay the course. Despite overvaluation, equities are still appealing because of low inflation rate and lackluster returns on most fixed-income investments.

 

[2177V]

I think most members in this forum stay the course. Despite overvaluation, equities are still appealing because of low inflation rate and lackluster returns on most fixed-income investments.

I do not disagree with your comment but what do you mean "stay the course"?



If stay the course means not changing your portfolio and waiting out the recession, then I am OK with that since from a long term prospective, that strategy is usually successful.



If stay the course means buying MORE equities in the short term with your cash reserves or with fixed investments due to lackluster returns, then I question that strategy. This is because it is doing the opposite of what Warren Buffet is doing. Buying high PE ratio equities is more risky than staying in cash in my opinion and the opinion of Warren Buffet. If a second crash happens, then you are protected in cash. Cash eliminates a lot of risks in uncertain times during a pandemic.

 

[RobbieB]

I'm staying, not buying or selling.

 

[Lawrencewendall]

I'm staying, not buying or selling.

A lot of good sales going on.

 

[W2R]

I'm staying, not buying or selling.

Me either, other than rebalancing if/when my AA strays far enough to get outside its specified bands.

 

[HI Bill]

...what do you mean "stay the course"?

I believe that this is Vanguard speak for not selling during crises, not trying to time the market, and maintaining the asset allocation you have in your financial plan or statement, regardless of market conditions.

 

[gamboolman]

Down <6.47%> since 1-Jan-20

AA is at 39/50/11 stocks/bonds/cash.

Target AA is 40/50/10 +/- ~5%

 

[jimbee]

2020 is half over. Up 2.3% year to date, with a nominal 50/50 asset allocation. This includes all monetary accounts/mutual funds/bank savings/checking/etc.

 

[KCGeezer]

Still down from 1/1 but only 2.5%. I had sold a bit on the upturn in early June to increase cash and peace of mind. If I miss a bit of upside the kids will just have to deal with it.

 

[kgtest]

Jan +1.12%
Feb -6.18% due to COVID-19 fear
Mar -18.25% COVID-19 triggers 3 circuit breakers and 2TT+ in stimulus. This time IS different.
Apr -6.10% Back to Feb levels. Wasn't as fortunate as Lord Ackman and his 2.6BB short. The world has changed.
May +.82% my city burns around me by way of rioters, but hey the folio turned pos again
June +4.3% For some reason I feel like this is where it 'should' be? I anticipate slower growth in the next 2 quarters. Remember the Tariffs?

 

[Ed B]

As of 6/30 Down -5.3% YTD

 

[Rickt]

-2.21% YTD as of June 30, 2020
AA : 67/27/6

 

[pb4uski]

-17.41% through June 30 not much movement... just interest these days.

-17.81% through May 31... more of the same. Interesting in that with so little equities when I update prices in Quicken hardly anything changes... new experience for me.

I'm still convinced that the market is way ahead of its skis and when 2Q earnings come out worse than expected that reality will eventually set it. If it doesn't then I'm not sure I would want part of it anyway since at that point it is more gambling than investing.