Passive Investment Strategy

Steve’s 2nd Quarter 2017 Portfolio Report 4

Steve’s 2nd Quarter 2017 Portfolio Report

Posted by on Jul 6, 2017 in Annual and per quarter returns, Financial Education/Literacy, Passive Investment Strategy

Hi Readers,
I am sorry that I have not been writing many blog posts. As many of you know I am still grieving the loss of my husband, co-author, companion and the kindest, insightful and funniest person ever–Dan. But the good news is that I am making progress. After 1 year and 9 months, I am beginning to enjoy this club I never planned on joining–the single club. I have nobody to be accountable for and I can do whatever I want. It still hurts sometimes, but that is to be expected. Like most of us who lost a close friend or relative, we will never forget them. And that’s good.

Life has a way of throwing both small petty stuff that interferes with our routine, and huge blows occasionally. One can never avoid the pain or the discomfort but to anticipate by thinking and planning for the future is always a good idea, whether it’s a personal loss or personal finance. Through my bereavement group participation, seeing a counselor, writing in a journal and maintain a connection with family and friends, and making new friends have helped a great deal.

Similarly, disruptions, volatility and market crashes also must be planned. Like my grieving experience, I have also sought help for modifying my portfolio. I rebalanced and took some distributions from my portfolio with the assistance of Vanguard’s inhouse Certified Financial Planner. I took out money to fund my retirement such as helping my niece and my sister financially, buying a new wardrobe, new eyewear, throwing a party for friends and relatives, making donations to Palm Springs Writer’s Guild and the Dharmachakra Buddhist Center and Gilda’s Cancer Center for their support of the bereavement group I attend, and planning on a return trip to Vietnam in 2018. The Vanguard financial planner made some excellent suggestions for rebalancing my portfolio and carefully making distributions to keep my capital gains taxes at a minimum.

Look at my portfolio and how I constructed it for low costs, diversification, stock bond split, and best of all SIMPLICITY.

Learn More
September 30 3rdQ, 2016 Portfolio YTD Returns 2

September 30 3rdQ, 2016 Portfolio YTD Returns

Posted by on Oct 5, 2016 in Beginning Investing, Do it yourself investors (DIY), Financial Education/Literacy, Investor, Low Cost Investors, Passive Investment Strategy, Retired Couples, Successful Wealth Building

The Stock and Bond Markets are up again in the third quarter of 2016. Read how my portfolio has returned 6.7% after nine months. It’s really not complicated because my portfolio is straightforward. It’s constructed to gain when the core asset classes increase and loses value when the market goes down.
Losing is an important part of investing process, if not the most important part. The majority of people don’t understand it because they sell when their investment declines. Never sell, unless it is part of your plan, not because of bear market conditions. Have a plan and stick with it during ups and downs.

Learn More
Steve’s Book Review: Excellent for Beginners 1

Steve’s Book Review: Excellent for Beginners

Posted by on Sep 14, 2016 in Consumer Finance, Do it yourself investors (DIY), Financial Education/Literacy, Low Cost Investors, Passive Investment Strategy

I reviewed another investment book. I tell why self-published authors connect better with investing beginners than most of the traditionally published personal finance books found in bookstores. The author follows the sage advice of portfolio construction of Jack Bogle and the investment company he founded in 1974, Vanguard Group. I highly recommend this book. It’s an easy read and gets right to the point.

Learn More
Bond Warnings? Have a Diversification Plan and Ignore the Pundits! ALL OF THEM! I mean it. 0

Bond Warnings? Have a Diversification Plan and Ignore the Pundits! ALL OF THEM! I mean it.

Posted by on Sep 10, 2016 in Passive Investment Strategy, Retirement Planning, Successful Wealth Building

Many financial planning professionals are trying to scare people into “doing something” with your bonds. Ignore the warnings from the pundits on the financial news mania that you should now buy gold or precious metals. Even my favorite radio political pundit, former Senator Tom Harkin, warns people to buy gold. With all due respect, the former good Senator doesn’t know what he is talking about by telling people in his commercials to put all of their money in gold, because he has been predicting a stock market crash for over a year. That is despicable advice and he should stick to what he does best, discuss progressive ideas.
Be mindful that these articles and the pundits have an agenda. The articles are written by authors who usually work for a firm that happens to sell “what you need” and the reporters or radio hosts want views or website clicks. Scare tactics work every time, but not to readers here. Have a balanced plan with stocks and bonds approximately equal to your age. The post discusses in more detail why I have half of my portfolio in one bond fund, Vanguard’s Total Bond Market Index. I will NEVER buy gold!

Learn More
Rebalancing My Life and My Portfolio 4

Rebalancing My Life and My Portfolio

Posted by on Jul 15, 2016 in Beginning Investing, Low Cost Investors, Passive Investment Strategy

Is been over eight months since Dan died and while the hours and days are getting easier, I miss Dan every day. The single life remains an unfamiliar challenge. I am still thinking and feeling as a part of a couple—similar to losing a limb, the phantom pain is real. I am functioning just fine and carrying on with life as if nothing happened. But my grief is alive and painful just below the surface, 24/7. I am slowly “rebalancing” back to a single life, a life that I have not experienced since my 20s.

Learn More
Steve’s Investment Workshop Participant Comments 0

Steve’s Investment Workshop Participant Comments

Posted by on May 8, 2016 in Beginning Investing, Financial Education/Literacy, Passive Investment Strategy

Additional workshop results from retired participations at one of the country’s biggest senior centers, Mizell, located in American’s premier retirement destinations, Palm Springs CA. I was asked by my friend Dave to give my presentation that Dan and I had given in the last 3.5 years.

Learn More