Year-to-Date Portfolio Report 2020 Q1-Q3
Sorry I am so late in getting my Year to Date Report. At the moment, I feel fine but as we all know and probably agree, we can’t wait for this year to be over. What terrible times we live in. Now I know what Americans were going through during the “War Years” of WWII but at least people could get together. This is terrible and with all of our social unrest here and around the world, RBG dying, the continuing spread of COVID with no end in sight, and something big on the first Tuesday next month! At least the election will be decided. Survey after survey about the historical effects of presidential elections was neutral. The only effect on a candidate winning and losing is the economy. If the economy is negative the incumbent is defeated, and if the economy is good, the opposite. But the stock market reflects hundreds of variables (GDP, interest rates, consumer confidence and spending, manufacturing data, employment rate, geopolitical tensions, trade wars, and on and on) and not just who gets elected. The most influential factor is our fellow investors’ BEHAVIOR!
Stock Markets, Finances, and Politics are Time Bombs for our Emotions!
My portfolio is up only because the stock and bond markets are up too. Recall that my portfolio follows the market. I have been incredibly lucky with my 67% bond allocation as interest rates dropped my bonds went up in value. Guess what? So has my portfolio. Take a look at my graphs and tables. Have a great day and see you at the end of this terrible year for my annual 2020 report.