Quote:
Originally Posted by WorldBoFree
So, the three things I'm keeping an eye on are:
European growth and recovery:
There is going to be an entry point at some point. Seems really cheap right now. Not sure how to go about finding an entry point.
Fixed Income:
Seems like TLT is close to being a decent buy? Also wondering about Municipals....I didn't think about touching them in January, but now? I'm down almost 7% in TIPS since January....time to add more and rebalance, or wait until the end of the year?
Gold:
Ideally I'd like to move out of GLTR and plan on selling in December to take the tax loss. But, it might be nice to move some of that money into GLD now?
I also plan on moving a good chunk of my IRA (which is 1/3 of my nut, into some MLP's)
Wanted to bump this thread and update. I did eventually enter a bigger position in Europe and all world exUS. This was done in the fall and winter of this past year. So, two years later and I'm in. Brexit was a bit of a beat, but still feeling ok about it.
I got out of commodities all together back in 2013. I'm officially anti gold and most all commodities. I don't believe they are investments, and not even good for what most people own them for (inverse to stocks/hedging)
Luckily I never bought any MLPs except for KMI, which I moved out of, basically because I didn't feel well versed enough to be in that sector anymore.
I did buy TLT in 2013 as well as California Municipal bonds, maybe a year later. Currently, the CA bonds are doing very well. Up 9%, and I keep them in my non SEP_IRA account, due to the fact that they are already tax free if you live in California.
*So, there are, and have been places to invest in fixed income in this current environment. Not sure how risky these are going forward though.
Overall, considering I manage a large chunk of money, and have taught myself, so I can manage my own money, I feel fairly good about my results so far.
Currently, after today I'm +11.38% In my investment account, and +15.44% in my SEP IRA.
Feel ok about results, considering this is and has been a strange environment to have as an entry point. Also, I've been learning on the clock. I've definitely made some blunders, but I think I was quick to adjust. Feeling strong about my mental game too. I panicked a bit early, and rightly so, but since then, I've been steady buy and hold. I'm only rebalancing, and tax loss harvesting at this point. If we crash, I'm holding.
I'm about 85% equity 10% fixed, and 5% cash at this point, but should have more money to invest in the fall.
My main bets on Health care and Amazon, from a couple years ago, have been strong. This year, I added mostly BRK-B, and a little Europe, Europe small cap, Ex-US bonds.
Starting to think about increasing my exposure to VWO.
Last edited by WorldBoFree; 07-08-2016 at 08:34 PM.