What is YOUR personal portfolio make up and theme?
Don't have to break down any percentages or anything unless you want to but curious to see / hear what everyones investing styles are.. im very pro global/international and like alternatives or atypical portfolio investments... I generally invest into the SPY on market pullbacks and then later sell and reinvest into other products.
Lazard Emerging Markets
Artio High Income Fund
SPY
S&P Structured product that as long as the market is above 131.6 in the S&P in two years i get 17.1 percent return on it, if its up 20 percent i get 20 percent so upside isnt capped.. if its up 4 percent i get 17.1
First Trust Tactical Income
PE Business Development funds (they make private loans to companies at higher percentage returns)
Guggenheim Global Expansion and Dividend Fund
First Eagle Global Fund
Ivy ASsets Strategy Fund
Highbridge Dynamic Commodities Fund
Guggenheim High Dividend Strategy (basically bought a lot of preferreds and other stocks that were distressed)
FX Structured Product that is short the USD vs the NOK, BRL, AUD, CAD
Despite the advice on
Despite the advice on diversification that I would normally give, I am young and probably greedy. I am currently allocated 100% Large Cap Financials and will continue buying in for the forseeable future. My plan is to continue loading up, and in five years when valuations are hopefully more normalized and dividends have returned to 2-3%, I should be making 8-15% on annual dividends relative to what I paid.
IlliniProgrammer's investing
IlliniProgrammer's investing principles:
Invest conservatively in boring, income-producing assets that collect economic rent and scale with inflation
Short-term investors are willing to put up with negative real risk-free rates of return. However, I've got a longer investment horizon and a well-diversified portfolio of inflation-correlated assets is a lot less risky over 30 years than treasury bonds. Best of all, they produce dividends.
I don't like paying other people to manage my money
I'm a conservative investor. I can afford to be- I have a well-paying job and a very frugal lifestyle. I am happy with getting 6% real returns. Paying some bozo 1-2%/year plus agency and transaction costs to do this for me reduces my dividends by 20-30%. Sure, the 30-40 basis points for an index fund is worth it sometimes, but that extra 1.5%/year for thirty years on my own investments works out to an extra 60% in retirement assets.
Save your ordinary income/collectible- taxed investments for a tax-free account if possible. Leave qualified dividend payers and UBTI generators in a taxable account.
This includes TIPS, gold, REITS, Royalty Trusts, and would include corporate bonds if I trusted Ben Bernanke to keep inflation under control.
Collect sustainable dividends, but first have a cash cushion to get you through a recession.
Collecting dividends in a non-retirement account makes the process a lot more fun. I get to say to myself, "Sweet! Dividends are now paying for 7% of my lifestyle. Next year, that number will probably be 10-11%, all things staying proportionate. If this keeps up, I'll be retired in XX years."
Good places for long-term inflation scaling dividends:
-Oil majors (especially in Europe)
-REITs
-Pipelines
-Oil/gas Royalty trusts (just remember that they deplete)
-Deregulated Utilities
-Pharma
You should be able to average 4-5% CPI-adjusted sustainable dividends pretty darned easy.
I work in finance; there's already a huge MRP in my income. I don't need it in my portfolio.
If you are a doctor, you can maybe afford to gamble on penny stocks and growth stocks with betas of 2-3. I aim for companies with healthy balance sheets with boring assets that I think should fundamentally have betas below about 0.8- and keep a cash cushion.
Series I savings bonds are a free option and inflation hedge to younger investors.
While TIPS are posting negative five-year yields, you can get a Series I savings bond at parity- and cash it whenever the heck you feel like after 11 months (with a three month penalty before five years.) Right now they're yielding 4% (nominal).
Work hard, play hard.
The time to invest in REITs
The time to invest in REITs was in the dregs of 2009. Right now, I wouldn't touch them.
My portfolio at the moment:
Bank of America
Best Buy
MBIA
Microsoft
I also have a limit order on Wells Fargo for $25, way too much invested in a risky biotech I've been tracking for years called Provectus Pharmaceuticals, and a large amount of money in cash.
yeah illini my coworkers get
yeah illini my coworkers get the series I often
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
I am short JNK. Spreads have
I am short JNK. Spreads have never been tighter, when the shoe drops, high yield tanks. I'm somewhat hedged though with long positions in commodities and Asia.
risk and lots of it
risk and lots of it
I think having a portion
I think having a portion allocated to a diversified commodities index is smart given the fundamental of commodity demand in the future: exponential population growth and rising standards of living in places like China and India. There are a lot of caveats to that but I think it's a good place to have some capital in.
Bitches and Hoes, the world
Bitches and Hoes, the world is ending in December right?
Follow the shit your fellow monkeys say @shitWSOsays
Shorttheworld> What BizDev
Shorttheworld> What BizDev fund are you invested in? I have been researching BKCC myself (good yields, decent portfolio).
its a basket of bizdev funds
its a basket of bizdev funds :D and i cant find the prospectus right now so cant comment on it much lol
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
IlliniProgrammer
IlliniProgrammer's investing principles:
Invest conservatively in boring, income-producing assets that collect economic rent and scale with inflation
Short-term investors are willing to put up with negative real risk-free rates of return. However, I've got a longer investment horizon and a well-diversified portfolio of inflation-correlated assets is a lot less risky over 30 years than treasury bonds. Best of all, they produce dividends.
I don't like paying other people to manage my money
I'm a conservative investor. I can afford to be- I have a well-paying job and a very frugal lifestyle. I am happy with getting 6% real returns. Paying some bozo 1-2%/year plus agency and transaction costs to do this for me reduces my dividends by 20-30%. Sure, the 30-40 basis points for an index fund is worth it sometimes, but that extra 1.5%/year for thirty years on my own investments works out to an extra 60% in retirement assets.
Save your ordinary income/collectible- taxed investments for a tax-free account if possible. Leave qualified dividend payers and UBTI generators in a taxable account.
This includes TIPS, gold, REITS, Royalty Trusts, and would include corporate bonds if I trusted Ben Bernanke to keep inflation under control.
Collect sustainable dividends, but first have a cash cushion to get you through a recession.
Collecting dividends in a non-retirement account makes the process a lot more fun. I get to say to myself, "Sweet! Dividends are now paying for 7% of my lifestyle. Next year, that number will probably be 10-11%, all things staying proportionate. If this keeps up, I'll be retired in XX years."
Good places for long-term inflation scaling dividends:
-Oil majors (especially in Europe)
-REITs
-Pipelines
-Oil/gas Royalty trusts (just remember that they deplete)
-Deregulated Utilities
-Pharma
You should be able to average 4-5% CPI-adjusted sustainable dividends pretty darned easy.
I work in finance; there's already a huge MRP in my income. I don't need it in my portfolio.
If you are a doctor, you can maybe afford to gamble on penny stocks and growth stocks with betas of 2-3. I aim for companies with healthy balance sheets with boring assets that I think should fundamentally have betas below about 0.8- and keep a cash cushion.
Series I savings bonds are a free option and inflation hedge to younger investors.
While TIPS are posting negative five-year yields, you can get a Series I savings bond at parity- and cash it whenever the heck you feel like after 11 months (with a three month penalty before five years.) Right now they're yielding 4% (nominal).
Probably a stupid question, but do you reinvest your dividends or take the cash?
diversify yo bondz
diversify yo bondz
I need a crib, a big estate, I need a boat and that need a lake, I need some salmon that need a plate, that need a chef so I feed my safe
From trading equities to slanging wine in Latin America
A ship is safe in harbor, but that is not what a ship i
Hmmm. If you're confident in
Hmmm. If you're confident in the individual long-term fundamentals of each of the companies you pick out, it doesn't hurt to reinvest dividends. You just have to be smart about it. For instance, some of my MLPs offer me a 5% discount on DRIPs. EG: they're trading at $50/unit; I get a $95 dividend; instead of buying 1.9 shares at $50, I buy 2 shares at $95.
Other times, the firms hire a custody bank to handle everything (this often happens with ADRs). They tend to screw you. I would recommend just taking cash next time around if you calculate the DRIP price based on your dividend and get a price higher than anything the stock traded at between ex-div and payment date. Then you can use that cash to reinvest on your own.
Work hard, play hard.
How about some
How about some diversification? So far all I've seen suggessted is financial assets, financial assets, financial assets. guess what, when the market crashed in 08/09 all financial assets went down together. I have about 20% in farmland and 15% in gold. They have been great hedges.
Well, besides two companies-
Well, besides two companies- both South American, one which pays no dividends and one which is located in a socialist country that carries sovereign risk- there's no real liquid opportunities to invest in farmland. Sure, you can form a partnership with a bunch of other people, but many states have a lot of rules on corporate and partnership ownership of farmland. Also you generally have to pay a 6% commission to a realtor. And then you have to buy in 40-acre tracts (Read: increments of $200K) to get discounts on real estate taxes and make it economical to farm. If you are a multimillionaire or a Wisconsin or Argentina resident who can live on the farm, farmland makes a lot of sense. It starts to make less sense for an NYC resident.
I do have some physical numismatic silver and gold coins sitting in a bank deposit box, but this is not a GREAT time to be buying metals. If you do, stick to numismatic stuff. During a commodities boom, a lot of folks who aren't collectors start melting down their old coins into silver to sell as bullion. These are coins that can NEVER be printed again. Meanwhile, folks who value the coins for their collectible value tend to hang onto them. During a metals crash, silver goes from $50/oz back to $5/oz, but those Morgan Dollars go from $54/oz back to $20-$25/oz. So there's a lot more convexity in the numismatic market, and unlike all financial options, numismatic coins carry a permanent conversion option on them. Just as long as there's always a ready supply of idiots in every generation willing to melt down their morgan and peace dollars during a commodities boom, the silver dollars/silver and gold eagles/gold relationship remains fairly convex, and it remains a permanent, theta/gamma-replenishing option (at least over 30 years) until you have stupid kids who inherit them.
Work hard, play hard.
blackcleo wrote: I have
IlliniProgrammer
All equity and MLPs. All long
"When I was young I thought that money was the most important thing in life; now that I am old I know that it is."
- Oscar Wilde
"Seriously, psychology is for those with two x chromosomes."
- RagnarDanneskjold
joey joe joe shabadoo
Work hard, play hard.
Can't help but wonder if
"When I was young I thought that money was the most important thing in life; now that I am old I know that it is."
- Oscar Wilde
"Seriously, psychology is for those with two x chromosomes."
- RagnarDanneskjold
^^^ Short opportunity?
Work hard, play hard.
IP: Why deregulated
I rich, smarts, and totally in debt.
Deregulated utilities are
Work hard, play hard.
Interesting,
"When I was young I thought that money was the most important thing in life; now that I am old I know that it is."
- Oscar Wilde
"Seriously, psychology is for those with two x chromosomes."
- RagnarDanneskjold
IP: I asked you this question
I rich, smarts, and totally in debt.
Played a lot in DGP and SPXU