What was your 2012 return?

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.

What was your overall 2012 return?

Negative Return
1
0%
0-4.9%
10
2%
5-7.4%
21
4%
7.5-9.9%
85
15%
10-12.4%
143
26%
12.5-14.9%
149
27%
15-17.4%
82
15%
17.5-19.9%
22
4%
20-24.9%
8
1%
25-29.9%
0
No votes
>30%
1
0%
I don't know and I don't care
33
6%
That's rude to ask
3
1%
 
Total votes: 558

SP-diceman
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Re: What was your 2012 return?

Post by SP-diceman » Tue Jan 01, 2013 4:42 pm

market timer wrote:
Nathan Drake wrote:What was your "good strategy", and why do you believe it will persist?
I'll write about this strategy if/when I hit seven figures, though I will say it is unrelated to blindly leveraging into equities.
Seven figures of gains or losses? :)

tpm871
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Re: What was your 2012 return?

Post by tpm871 » Tue Jan 01, 2013 5:01 pm

12.69% XIRR

My dates are slightly off, since I only had a start total written down from 12/23/11 (return is for 12/23/11 - 1/1/13).

I have a slice & dice portfolio, with current allocations of:

27% U.S. Equity
25% International Equity
11% Alternative (mostly REITs)
28% Bonds
9% Cash

Grt2bOutdoors
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Re: What was your 2012 return?

Post by Grt2bOutdoors » Tue Jan 01, 2013 5:18 pm

EmergDoc wrote:I was pleased to see a 13.87% return with a sliced and diced 75/25 portfolio. My microcaps were finally my best asset class after years of complaining about BRSIX. How'd you do?

If you don't know how to calculate your return, use XIRR as explained here:
http://whitecoatinvestor.com/how-to-cal ... -function/
Glad to see reversion to the mean finally worked out for you. What asset class do you predict will come through for you in 2013?
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions

nonroom
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Re: What was your 2012 return?

Post by nonroom » Tue Jan 01, 2013 5:21 pm

13.4% for 2012, with an 80%/20% Stock/Bond AA.


Best performer: Total International Stock Market
Worse Performer: Actively managed bond fund in my 401(k)
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Grt2bOutdoors
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Re: What was your 2012 return?

Post by Grt2bOutdoors » Tue Jan 01, 2013 5:28 pm

Somewhere between 10-12.4% for a 70/30 portfolio, slight tilt to Emerging Markets and Global Reit. I will need some time to figure out the correct percentage as I have been lax in tracking the inflows and re-balancing. After taking a deeper look - I'm surprised we came in at 13.2% last year, not sure we will have a repeat or better performance this year, though I can always hope. :happy
Last edited by Grt2bOutdoors on Sat Jan 05, 2013 2:49 pm, edited 1 time in total.
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ram
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Re: What was your 2012 return?

Post by ram » Tue Jan 01, 2013 5:28 pm

Various components show returns of 11.5 to 17%. I do not use the XIRR function and am too lazy to do an actual weighted average. Top of the head calculation puts it around 13%. Mostly a 3 fund portfolio with some additional small value and emerging mkt and REITS.
Ram

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mickeyd
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Re: What was your 2012 return?

Post by mickeyd » Tue Jan 01, 2013 5:29 pm

60/40=12.6%
Last edited by mickeyd on Tue Jan 01, 2013 5:48 pm, edited 2 times in total.
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grayfox
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Re: What was your 2012 return?

Post by grayfox » Tue Jan 01, 2013 5:30 pm

BTW, Warren Buffet asked me to tell everyone that his 2012 return was 16.82%

One 'A' share of Berkshire-Hathaway is now $134,060. At the end of 2011 it was $114,755, and it didn't pay a dividend.

MnD
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Re: What was your 2012 return?

Post by MnD » Tue Jan 01, 2013 5:34 pm

livesoft wrote:
MnD wrote:Benchmark return=14.0%, so I beat my benchmark by 2.2 percentage points.
Now this is very interesting to me. What did you do to beat your benchmark by such a large margin? You are well above the line on the chart I posted.
I track my AA very closely (overall, not within individual accounts) and re-balance with tight bands so probably not AA drift.

A few thoughts.....
My bond benchmark was +4%
Pimco Total Return +10% is the only bond fund choice available in her 401-K was heavy on that bond fund to offset my 100% equity taxable account.
My 401-K bond potion is all in Treasuries so to diversify and balance, my IRA has a pretty big position in VCIT - which was +10.6% and a small position in high yield fund +17%

My taxable has two individual stocks that account for very small part of my portfolio but both were up over 50%.

livesoft
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Re: What was your 2012 return?

Post by livesoft » Tue Jan 01, 2013 5:42 pm

@MnD, thanks for that info. PIMCO Tot Ret was awesome this year. My spouse owned it for the first 7 months in her 401(k), but the fees were about 2%.

We beat our benchmarks as well, but not by much. We sold some assets at the beginning of May and bought on RBDs in June. With more than 50% of equities in foreign funds including small caps and emerging markets our equities did better than total market indexes.
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radchad3
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Re: What was your 2012 return?

Post by radchad3 » Tue Jan 01, 2013 6:08 pm

10.5% (XIRR) with a 67/33 equities/bond split. 30% international. Pretty happy with that but seems most are higher with the same ratio. Likely related to the timing of new contributions?? I will take it though!

scrabbler1
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Re: What was your 2012 return?

Post by scrabbler1 » Tue Jan 01, 2013 6:17 pm

As an early retiree, I generally view my AAs and rates of return separately between my taxable account (which is more income oriented) and my IRA (which is more growth oriented).

My taxable account is 31/69 (stock/bond; cash portion is about 1%) and its overall return was 9.1%. It is about 2/3 of my total portfolio.

My IRA is 55/45 (stock/bond; cash portion is about 1%) and its overall return was 9.2%. It is about 1/3 of my total portfolio.

Amazing how close they were, huh?

STC
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Re: What was your 2012 return?

Post by STC » Tue Jan 01, 2013 7:13 pm

livesoft wrote:@MnD, thanks for that info. PIMCO Tot Ret was awesome this year. My spouse owned it for the first 7 months in her 401(k), but the fees were about 2%.

We beat our benchmarks as well, but not by much. We sold some assets at the beginning of May and bought on RBDs in June. With more than 50% of equities in foreign funds including small caps and emerging markets our equities did better than total market indexes.
I have PIMCO tot ret at 0.46%... How are you paying 2%?

livesoft
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Re: What was your 2012 return?

Post by livesoft » Tue Jan 01, 2013 7:20 pm

Haven't you heard of variable annuity wrappers added as expenses in some 401(k) plans? The plan provider says, "We will provide PIMCO total return to you with its 0.46% expense ratio, but we are gonna add an additional 1.5% fee for ourselves, but that's cheap because we are going to add a 2% fee for ourselves to all the other funds we are making available to you out of the generosity of our hearts. You're welcome!"
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STC
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Re: What was your 2012 return?

Post by STC » Tue Jan 01, 2013 7:36 pm

livesoft wrote:Haven't you heard of variable annuity wrappers added as expenses in some 401(k) plans? The plan provider says, "We will provide PIMCO total return to you with its 0.46% expense ratio, but we are gonna add an additional 1.5% fee for ourselves, but that's cheap because we are going to add a 2% fee for ourselves to all the other funds we are making available to you out of the generosity of our hearts. You're welcome!"

nope. my company makes sure that no fee's are passed on to the employee's. a perk of the tech industry maybe! I pay just the fund ER's. I have total stock market at 0.0663, total international at 0.17, and PIMCO at 0.46. Also have an option for TBM @ 0.075

Bungo
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Re: What was your 2012 return?

Post by Bungo » Tue Jan 01, 2013 7:46 pm

livesoft wrote:Haven't you heard of variable annuity wrappers added as expenses in some 401(k) plans? The plan provider says, "We will provide PIMCO total return to you with its 0.46% expense ratio, but we are gonna add an additional 1.5% fee for ourselves, but that's cheap because we are going to add a 2% fee for ourselves to all the other funds we are making available to you out of the generosity of our hearts. You're welcome!"
An employer with such a punitive plan is essentially begging you not to stay with them for more than a few years.

bogatyr
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Re: What was your 2012 return?

Post by bogatyr » Tue Jan 01, 2013 8:15 pm

XIRR says 13.37%

76% equities, 24% bonds
Last edited by bogatyr on Wed Jan 02, 2013 12:15 am, edited 1 time in total.

tomd37
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Re: What was your 2012 return?

Post by tomd37 » Tue Jan 01, 2013 8:21 pm

Don't really see any advantage or use for this survey. Return could vary too much depending on passive vs. active, asset allocation between equities and bonds, etc. It's like comparing oranges and lemons.
Tom D.

livesoft
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Re: What was your 2012 return?

Post by livesoft » Tue Jan 01, 2013 8:28 pm

tomd37 wrote:Don't really see any advantage or use for this survey. Return could vary too much depending on passive vs. active, asset allocation between equities and bonds, etc. It's like comparing oranges and lemons.
I think this survey is useful. If one has a return that is too far out of line with the chart I showed (the chart has active, passive, 3-fund, and small-cap/value-tilted benchmarks), then one should have an explanation. If one is above the purple line, then how did that happen? (did one calculate returns correctly? Luck? Great RBD move?) If one is below the lines, then perhaps one has high fees or behavioral issues or incorrect calcuations to wonder about. Either way, it can help one understand where performance may or may not come from.
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bish0p
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Re: What was your 2012 return?

Post by bish0p » Tue Jan 01, 2013 9:40 pm

17.5% return with 80% stocks, 20% bonds.

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dandan14
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Re: What was your 2012 return?

Post by dandan14 » Tue Jan 01, 2013 9:59 pm

Based on my allocation, I should have hit about 14%.
Image

But with dollar cost averaging over the year, XIRR shows an actual return of 15.23%.
Fantastic year!

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White Coat Investor
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Re: What was your 2012 return?

Post by White Coat Investor » Tue Jan 01, 2013 10:26 pm

Grt2bOutdoors wrote:
EmergDoc wrote:I was pleased to see a 13.87% return with a sliced and diced 75/25 portfolio. My microcaps were finally my best asset class after years of complaining about BRSIX. How'd you do?

If you don't know how to calculate your return, use XIRR as explained here:
http://whitecoatinvestor.com/how-to-cal ... -function/
Glad to see reversion to the mean finally worked out for you. What asset class do you predict will come through for you in 2013?
No idea, but I fear it'll be the G Fund after fours years of nice gains.
1) Invest you must 2) Time is your friend 3) Impulse is your enemy | 4) Basic arithmetic works 5) Stick to simplicity 6) Stay the course

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papito23
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Re: What was your 2012 return?

Post by papito23 » Tue Jan 01, 2013 10:32 pm

Don't know, do care. Port is significantly lower ER and indexed since I discovered BH 1 year ago. Took hits with ICLN, ILF, WGGFX, and NALFX. Bad year for green energy and Latin America - shows how good I am at sector-picking. Waiting for some sort of reversion to the mean and then I'll consolidate to a standard 3-fund with a dash of US REITs.
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Majormajor78
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Re: What was your 2012 return?

Post by Majormajor78 » Tue Jan 01, 2013 11:47 pm

Glad I learned how to do that. Looks to be about 17.04% for the year.
"Oh, M. le Comte, it is only a loss of money which I have sustained... nothing worth mentioning, I assure you."

NYnative
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Re: What was your 2012 return?

Post by NYnative » Tue Jan 01, 2013 11:56 pm

Too many variables to get into a complicated calculation. Took the difference between Jan 1, 2012 and Jan 1, 2013 after adding back in any withdrawals and came up with almost exactly 10%. Which, in our case means that we gained a good deal more than we withdrew. We'll take that any time :D .

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Re: What was your 2012 return?

Post by sschullo » Wed Jan 02, 2013 12:13 am

9% return with a 30%/70% equity/bond. Emerging mrks, small cap and total international led with 18%. It was a great year!
Public School K-12 Educators: "Ask NOT what your annuity sales person can do for you, ask what you can do to be a Do-It-Yourselfer (DIY)."

letsgobobby
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Re: What was your 2012 return?

Post by letsgobobby » Wed Jan 02, 2013 12:56 am

13.61% for a 55/45 portfolio.

(Not quite, I started Jan 1 2012 with 55/45 stocks/bonds. I almost immediately increased stocks to 60% and finished at 63.86%.)

about 1/3 of all my stocks are value/small, and 1/3 of my stocks are international.

fixed income is about 50% stable value, 50% TBM, a smattering of I bonds.

I benefit from a weighted ER of 0.09% across all accounts, thanks to fantastic 403bs for both me and Mrs. letsgobobby, and a tendency to buy big chunks of stocks after relatively bad streaks. So for instance all my taxable stocks were bought on either May 25 and June 5. That was also lucky, since that's when my house sold and I got the proceeds.

delisim
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Re: What was your 2012 return?

Post by delisim » Wed Jan 02, 2013 8:14 am

livesoft wrote:
tomd37 wrote:Don't really see any advantage or use for this survey. Return could vary too much depending on passive vs. active, asset allocation between equities and bonds, etc. It's like comparing oranges and lemons.
I think this survey is useful. If one has a return that is too far out of line with the chart I showed (the chart has active, passive, 3-fund, and small-cap/value-tilted benchmarks), then one should have an explanation. If one is above the purple line, then how did that happen? (did one calculate returns correctly? Luck? Great RBD move?)
Agreed. We're @ an AA of 90/10 with a return of 16.38, which edges out our benchmark of Vanguard's TR 2045 fund. This fund is also a decent chunk (22%) of our portfolio. I haven't dug into where our "excess" returns came from but I plan to. We mostly index, but tilt towards REITS (VGSLX), SV (SFSNX), and TIPS (VIPSX), so that may it, or it could just be luck. No major rebalancing this year other than directing new contributions as needed.

snowman9000
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Re: What was your 2012 return?

Post by snowman9000 » Wed Jan 02, 2013 10:10 am

With approximately a Permanent Portfolio, 8.3%.
3 years 8.2%
5 years, not all PP, 4.7%

bac573
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Re: What was your 2012 return?

Post by bac573 » Wed Jan 02, 2013 10:19 am

14.34%

78% stock (56% total US, 22% total International)
22% bond (including over half in the now-paltry TSP G fund)
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kenyan
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Re: What was your 2012 return?

Post by kenyan » Wed Jan 02, 2013 10:41 am

15.5% using numbers my brokerages are giving me rather than XIRR (don't keep track of every contribution, they're too frequent).

75/25, S&D.
Last edited by kenyan on Wed Jan 02, 2013 10:49 am, edited 1 time in total.
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bagmite
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Re: What was your 2012 return?

Post by bagmite » Wed Jan 02, 2013 10:42 am

10.1% with 45% stocks and 55% bonds/cash

FillorKill
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Re: What was your 2012 return?

Post by FillorKill » Wed Jan 02, 2013 10:54 am

I stopped keeping track of that metric. I monitor super and sub asset class-level proportions [to try and stay as in-balance as I can short of taxable sales] and top-line total [financial NW]. I also track asset class performance for potential TLH opportunities. That’s it.

If I had to make a solid estimate:

23% - When applying GDBLAM*
16% - When consulting reality

*GDBLAM = Generally Discredited Beardstown Ladies Accounting Methods.

http://en.wikipedia.org/wiki/Beardstown_Ladies

Mr Grumpy
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Re: What was your 2012 return?

Post by Mr Grumpy » Wed Jan 02, 2013 11:21 am

50/50 = 10.2%

porcupine
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Re: What was your 2012 return?

Post by porcupine » Wed Jan 02, 2013 11:30 am

delisim wrote:
livesoft wrote:
tomd37 wrote:Don't really see any advantage or use for this survey. Return could vary too much depending on passive vs. active, asset allocation between equities and bonds, etc. It's like comparing oranges and lemons.
I think this survey is useful. If one has a return that is too far out of line with the chart I showed (the chart has active, passive, 3-fund, and small-cap/value-tilted benchmarks), then one should have an explanation. If one is above the purple line, then how did that happen? (did one calculate returns correctly? Luck? Great RBD move?)
Agreed. We're @ an AA of 90/10 with a return of 16.38, which edges out our benchmark of Vanguard's TR 2045 fund. This fund is also a decent chunk (22%) of our portfolio. I haven't dug into where our "excess" returns came from but I plan to. We mostly index, but tilt towards REITS (VGSLX), SV (SFSNX), and TIPS (VIPSX), so that may it, or it could just be luck. No major rebalancing this year other than directing new contributions as needed.
I agree with tomd37.

A famous emperor once asked his court jester to count the number of crows in his capital city. After taking a few months off for the task, the jester returned and said that there were <insert your pet number here> crows in the city. The emperor said, "I'm going to order a recount, and you will be beheaded if your number is incorrect!"

Jester: "Well, I can explain either way. If your crow counters come up with a number higher than mine, that implies that crows have relatives over from neighboring cities; if your crow counters come up with a number lower than mine, that implies that city crows are spending some time with their relatives."

Emperor goes :oops: and gives jester :moneybag

Along the same lines, if you have a greater return than OP EmergDoc, that means that you have been more aggressive (or more conservative) than him + lucky; if your return is less, then you've been more conservative than him or more aggressive than him + unlucky.

- Porcupine

EDN
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2012 Model Portfolio Returns

Post by EDN » Wed Jan 02, 2013 11:57 am

I picked the interval that included "13.8%" as that was the weighted average of 5 models I use at various levels of risk and return (100% stock, 80% stock, 60% stock, 40% stock, and 20% stock), where the equity allocation is 15% S&P 500, 20% US large value, 35% US mid/small value, 10% Int'l large value, 10% Int'l small value, and 10% Emerging Markets value, and then diluted with Intermediate Government bonds and TIPS. A few basis points more if I look at Tax-Managed versions instead.

1YR returns don't matter much, but when almost everything is north of 10%, you have to smile.

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BigFoot48
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Re: What was your 2012 return?

Post by BigFoot48 » Wed Jan 02, 2013 12:04 pm

Chart of most of the returns provided so far where AA was given and understandable and a specific return provided. The one above 20% return was thrown out to make the chart larger - sorry about that!
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chaz
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Re: What was your 2012 return?

Post by chaz » Wed Jan 02, 2013 12:08 pm

c.8.8%
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texas_archer
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Re: What was your 2012 return?

Post by texas_archer » Wed Jan 02, 2013 12:25 pm

13.49% on 60/40 portfolio.

See portfolio in signature.

Rodc
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Re: What was your 2012 return?

Post by Rodc » Wed Jan 02, 2013 12:31 pm

13.8%, 60/40 fairly vanilla slice and dice. Only "exotic" is 7% or so in emerging bonds. This is 90% of our investments.

13.4% in wife's retirement account, 75/25 no tilt.

So a tiny fraction below 13.8% on about 62/38 overall.

Rod
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Re: What was your 2012 return?

Post by HongKonger » Wed Jan 02, 2013 12:47 pm

Using a quick and dirty calculation from Feb onwards (no info for Jan), then around 14%. I suspect high ERs, transaction and custodian fees and withholding taxes on foreign dividends knocked off around 0.5% :(

On the plus side, I discovered I have been investing a full 30% of my gross income, and grew my portfolio by 45% in 2012 :D

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Re: What was your 2012 return?

Post by KyleAAA » Wed Jan 02, 2013 12:50 pm

Vanguard currently says exactly 15.0% but I'm not sure if that counts the last distribution from my short-term bond index fund or not. Seems about right, though. Small-value tilted portfolio with 50% of my equities overseas. In fact, I've published my exact portfolio in the past.
Last edited by KyleAAA on Wed Jan 02, 2013 12:51 pm, edited 1 time in total.

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Re: What was your 2012 return?

Post by Aptenodytes » Wed Jan 02, 2013 12:51 pm

BigFoot48 wrote:Chart of most of the returns provided so far where AA was given and understandable and a specific return provided. The one above 20% return was thrown out to make the chart larger - sorry about that!
Thanks, this is very interesting.
There's clearly a lot more spread in our self-reported returns than in the benchmark funds Livesoft plotted. That suggests to me that idiosyncracies at the level of personal portfolios make personal rates of return a poor barometer for comparison.

In a year that has wide swings in month to month market performance, in other words a normal year, returns in small portfolios will be heavily dominated by the new money being put in. E.g. the only way that someone who is about 78% in equities could end up earning only about 10% for the year is through circumstances that are largely unique to that individual -- maybe the portfolio is small and most of the new money was put in at relative high points; or maybe there was a windfall mid-year and it was placed all-in at one of the local highs. I suspect there are also some calculation errors in the sample.

So I don't think we can compare our returns amongst ourselves and get any useful information out of the exercise.

That doesn't mean calculating personal returns isn't valuable. Livesoft articulated a sensible rationale. You calculate your personal rate of return so that you can compare what you get to your personal benchmark. Your personal benchmark has to be chosen carefully or the comparison will be meaningless or even perverse. Even in this case your comparison may be contaminated by idiosyncracies, especially if you are contributing new funds at a significant rate. E.g. you may "beat" your benchmark by a few hundred basis points thinking you chose wisely, when in fact your results might merely reflect the rhythm of month to month returns on new contributions. The only fully accurate comparison would require that you set up a shadow portfolio that mirrors the contributions and withdrawals of your actual portfolio. Alternatively, if the timing of your transactions is one of the elements of your strategy whose performance you want to measure, you might set up a shadow portfolio with evenly spaced equal contributions. In any event, comparing an actual portfolio, with its many transactions, to a benchmark that has no transactions, is problematic, especially when performance gains against the benchmark are expected to be small in size.

A more useful exercise than comparing personal rates of return might be regular updating of return and SD of the most commonly used iconic portfolios discussed here. Single-year results are pretty meaningless, but having annual updates to time series would be helpful.

delisim
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Re: What was your 2012 return?

Post by delisim » Wed Jan 02, 2013 12:53 pm

porcupine wrote:Along the same lines, if you have a greater return than OP EmergDoc, that means that you have been more aggressive (or more conservative) than him + lucky; if your return is less, then you've been more conservative than him or more aggressive than him + unlucky.
I'm not comparing to the OP. I'm comparing to Vanguard's 2045 TR Fund, which has the same AA as our portfolio (90/10) and is the benchmark established in our IPS. We outperformed this benchmark by about 0.7% in 2012.

My post had nothing to do with EmergDoc's return. Why did you think I was using him as a comparison?

Livesoft isn't either. Check out his chart earlier in this thread, which shows the 2012 returns of various funds with different AAs.

Why is it useful to compare your returns to a benchmark? Read this as a starting point...

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Aptenodytes
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Re: What was your 2012 return?

Post by Aptenodytes » Wed Jan 02, 2013 1:04 pm

delisim wrote:
porcupine wrote:Along the same lines, if you have a greater return than OP EmergDoc, that means that you have been more aggressive (or more conservative) than him + lucky; if your return is less, then you've been more conservative than him or more aggressive than him + unlucky.
I'm not comparing to the OP. I'm comparing to Vanguard's 2045 TR Fund, which has the same AA as our portfolio (90/10) and is the benchmark established in our IPS. We outperformed this benchmark by about 0.7% in 2012.

My post had nothing to do with EmergDoc's return. Why did you think I was using him as a comparison?

Livesoft isn't either. Check out his chart earlier in this thread, which shows the 2012 returns of various funds with different AAs.

Why is it useful to compare your returns to a benchmark? Read this as a starting point...
I agree with what you are doing, but I also agree with porcupine's implication that people are comparing returns in this thread. The title EmergDoc gave the thread asks for our returns, not the delta against our benchmarks.

What fraction of people who have posted returns in this thread do you think have calculated the difference against a meaningfully-chosen benchmark? My guess is <10%.

So I agree with you, but I think porcupine is entitled to some sarcasm (it just shouldn't have been directed at you).

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Clearly_Irrational
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Re: What was your 2012 return?

Post by Clearly_Irrational » Wed Jan 02, 2013 1:27 pm

Approximately 9% nominal (waiting on CPI-U data for real return, estimate is about 7.25%) which is about what I would expect given that I have a fairly conservative portfolio designed for steady returns and crash protection. Expected return is 8.5% real using historical data so it looks like I'm well within the normal range.

livesoft
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Re: What was your 2012 return?

Post by livesoft » Wed Jan 02, 2013 1:34 pm

Some folks seem to think this thread is interesting with more than 140 replies, but over 300 votes in the poll.
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letsgobobby
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Re: What was your 2012 return?

Post by letsgobobby » Wed Jan 02, 2013 1:39 pm

Clearly_Irrational wrote:Approximately 9% nominal (waiting on CPI-U data for real return, estimate is about 7.25%) which is about what I would expect given that I have a fairly conservative portfolio designed for steady returns and crash protection. Expected return is 8.5% real using historical data so it looks like I'm well within the normal range.
PP?

Is there a good way to calculate total returns from a typical 3 fund portfolio that was, say:

40% VTI
20% VXUS
40% BND

??

porcupine
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Re: What was your 2012 return?

Post by porcupine » Wed Jan 02, 2013 1:48 pm

delisim wrote:
porcupine wrote:Along the same lines, if you have a greater return than OP EmergDoc, that means that you have been more aggressive (or more conservative) than him + lucky; if your return is less, then you've been more conservative than him or more aggressive than him + unlucky.
I'm not comparing to the OP. I'm comparing to Vanguard's 2045 TR Fund, which has the same AA as our portfolio (90/10) and is the benchmark established in our IPS. We outperformed this benchmark by about 0.7% in 2012.

My post had nothing to do with EmergDoc's return. Why did you think I was using him as a comparison?

Livesoft isn't either. Check out his chart earlier in this thread, which shows the 2012 returns of various funds with different AAs.

Why is it useful to compare your returns to a benchmark? Read this as a starting point...
My bad. I should've just responded to tomd37 (or livesoft's response to tomd37). I just got lazy and picked your message when responding. My response was just not directed towards you, more as a general comment on this thread. I am not the originator or enforcer of the rules on this forum, but I did feel that comparing returns is pointless.

Livesoft said this "I think this survey is useful." and my point was that it is not really useful, which is what tomd37 had said that I was agreeing with --> "Don't really see any advantage or use for this survey".

- Porcupine

PS: Just to re-clarify, by "you" I did not mean anyone who has posted on this thread; just a pronoun I used to refer to any investor!

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grap0013
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Re: What was your 2012 return?

Post by grap0013 » Wed Jan 02, 2013 1:56 pm

livesoft wrote:Some folks seem to think this thread is interesting with more than 140 replies, but over 300 votes in the poll.
I think it's fun. Heck, we could even have another poll with Roth IRA returns to see if BGs put safe or risky assets in them. :D

His Roth 2012 +21.11% PXSV
Her Roth 2012 +23.51% DGS

I vote risky all the way. :wink:
There are no guarantees, only probabilities.

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