Just assessing the specifics of my YTD losses on what was, on paper, a 2.4M all-time high value of investment assets in January. Down abt. 12% from there, YTD. I have it on good authority that this is not terribly out of line with the average for a "moderate" PF. My occasional/hourly FA never recommended any fundamental shift in my AA of roughly 50/50; that is, never advised any reduction of bond fund positions - just to modify duration to short & intermediate term. Fixed Income holdings consist of a well diversified mix of ultra short to intermediate bond funds - largely TIPS, ST Treasury, ST Corporate, some Muni. I'm debt free, 64, semi-retired and have dividend income at present around 60k/yr. The frustration is having ridden down NAV losses in bond funds to the tune of roughly 10k for each. I'm listing some of these biggest losers and would be interested in any thoughts on whether any of them send up a 'red flag' as far as continuing to hold "after" the damages of their NAV losses - to collect the dividend income and what kind of timeframe I should realistically figure on to recoup the losses.
VNQI -27%
MSD-28%
EDD -27% (EM Bond)
VWOB-23%
BAB -16%
WIW -11%
MSD -12%
VGIT -10%
Bonus Losses:
Small recent equity energy 'plays' that have subsequently promptly tanked:
MP -22%
CCJ -15%
Thanks for any thoughts! Always enjoy the helpful conversation on this forum and best of luck to all investors!
Mike
VNQI -27%
MSD-28%
EDD -27% (EM Bond)
VWOB-23%
BAB -16%
WIW -11%
MSD -12%
VGIT -10%
Bonus Losses:
Small recent equity energy 'plays' that have subsequently promptly tanked:
MP -22%
CCJ -15%
Thanks for any thoughts! Always enjoy the helpful conversation on this forum and best of luck to all investors!
Mike