Your stock funds closed at highest [so far] of 2016 today

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livesoft
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Your stock funds closed at highest [so far] of 2016 today

Post by livesoft »

A great week in the stock markets just happened. All your stock funds should have closed at the highest level for all of 2016 so far.

OK, they did not close higher than on December 31, 2015, but that's gonna happen at some point.

And for you that always write that you don't peek, what are you reading this thread for? :twisted:
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heyyou
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by heyyou »

Thanks for letting me know about 2016, so far.
My last two monthly statements have shown a lower total balance. I'm not averse to the info, I just don't bother much with what I can't control.
Paraphrasing someone who was clever with words, everyone talks about the market volatility but no one does anything about it.
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elgob.bogle
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by elgob.bogle »

Well, I just surpassed my peak portfolio amount that occurred on 24 April 2015. I am still down by 2 max ROTH contributions and almost an entire 401k contribution plus elderly bonus amounts for both ($37,000 total) since that date. This does not include the fact that we have made no $$ on our investments in the past year.

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Grogs
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Grogs »

Yea! I noticed last Friday that the 10k of VTSAX I bought on 1/6/16 had finally passed 10k again. If this keeps up, I might end up in positive territory overall.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by blueblock »

Yep, everything is coming up roses for the moment.

(It tickles me that, by a complete fluke, I happened to buy IEMG on February 11th. In the ensuing month, it's up 18.8%. That's almost scary.)
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jhfenton
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by jhfenton »

We're basically back to even for the year: Today's closing balances - (2015 EOY balances + 2016 contributions) = -0.046%

Our balances are the highest since November because of new contributions, but our market losses are still a few hundred dollars for 2016, 4.6 bp, compared to 2015 EOY.
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livesoft
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by livesoft »

I think I've figured the rebalancing thing out as evidenced by beating our benchmarks by about 0.7% so far YTD.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Grt2bOutdoors »

Give it time, wait until mid April when 1st quarter results are released. The market is moving on the price of oil, it could be a slippery slope indeed........... :twisted:
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Toons »

They Did?






:shock:
Last edited by Toons on Fri Mar 11, 2016 9:09 pm, edited 1 time in total.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by BahamaMan »

livesoft wrote:A great week in the stock markets just happened. All your stock funds should have closed at the highest level for all of 2016 so far.

OK, they did not close higher than on December 31, 2015, but that's gonna happen at some point.

And for you that always write that you don't peek, what are you reading this thread for? :twisted:
Yes, ..............Happy days are here again.... La La La La La :D
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by patrick »

Not if you slice and dice by region ... Vanguard Pacific Index (VPACX) is still about 1.2% below its peak in early January.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Frans »

Who cares? I don't. I'm in it for the long haul.
Last edited by Frans on Fri Mar 11, 2016 8:54 pm, edited 1 time in total.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Theoretical »

An investment late in December into DGS turned into an investment in IEMG, then FNDE, then a split into FNDE and EEMS, and now back to FNDE and DGS.

A couple of thousand in capital losses banked and nearly 25% return for the year in this category makes me happy. Even if EM plunges again the valuations are very appealing with both.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by livesoft »

Frans wrote:Who cares? I don't. I'm in it for the long haul.
Those who didn't rebalance should care because maybe they will not miss the next chance. And those that did rebalance may need to start rebalancing out of equities if they have hit their rebalance trigger bands.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by stemikger »

Greed and Fear are both detrimental to your financial health.

Ignore the noise, stay the course and don't peek!
Choose Simplicity ~ Stay the Course!! ~ Press on Regardless!!!
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by itstoomuch »

I am probably, [will] do some discretionary acct selling. Sold Indexes last week on a down day. :oops:
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Erwin »

livesoft wrote:A great week in the stock markets just happened. All your stock funds should have closed at the highest level for all of 2016 so far.

OK, they did not close higher than on December 31, 2015, but that's gonna happen at some point.

And for you that always write that you don't peek, what are you reading this thread for? :twisted:
What has suddenly happened to warrant this change in performance? The end of the world was going to happen earlier this year, and it seems that we may live a bit longer! I can only conclude that the market is completely irrational in the short term.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by oldcomputerguy »

Grt2bOutdoors wrote:The market is moving on the price of oil, it could be a slippery slope indeed.
Ouch!
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Erwin »

smartinwate wrote:
Grt2bOutdoors wrote:The market is moving on the price of oil, it could be a slippery slope indeed.
Ouch!
Remember: no one knows nothing! (Bogle)
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by scone »

livesoft wrote:
Frans wrote:Who cares? I don't. I'm in it for the long haul.
Those who didn't rebalance should care because maybe they will not miss the next chance. And those that did rebalance may need to start rebalancing out of equities if they have hit their rebalance trigger bands.
Yep, that's me. For once I actually bought low. On Monday I may have to start trimming back. Kind of surprised, I must say. :shock:
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by tadamsmar »

livesoft wrote:A great week in the stock markets just happened. All your stock funds should have closed at the highest level for all of 2016 so far.

OK, they did not close higher than on December 31, 2015, but that's gonna happen at some point.

And for you that always write that you don't peek, what are you reading this thread for? :twisted:
Darn. You need to include *SPOILER ALERT* in the Subject.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by linedog »

I peek! I'm also retired, so I'm enjoying the gains.
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livesoft
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by livesoft »

BTW, many Vanguard funds will pay their March distributions on Monday, so there is a built-in NAV drop coming on Monday.

For Vanguard ETF owners, many ETFs go ex-dividend on Tuesday, so the price drop will be Tuesday morning.

The FOMC meeting this week will also create some action.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Ron »

Uh, no.

I hold and use Fidelity Spartan 500 Index Advtg (FUSVX) as a benchmark to my/wife's total overall status even though it just looks at just US equities while we hold global equity/bond funds.

YTD (a/o 3/11/16) shows FUSVX at -0.57% loss. This is close to my portfolio's -0.51% loss and my wife's -0.47 loss, YTD.

Close, but no cigar 8-) ...

- Ron
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by letsgobobby »

How about international stocks?

I don't peek, so counting on those of you that do to keep me in the loop!
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by SGM »

Are portfolio is equal to what it was when I retired. In the meantime a TIAA 403b was annuitized and no longer accounted for in the mix or we would be up since retirement. Income is up and I like seeing deposits in our bank account every month. SS spousal benefit keeps coming in until we both reach 70. I will probably lower the value of the portfolio again by taking an SPIA with a COLA.

I peek on days when the market is up and ignore it for longer periods when the market is down.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by zaboomafoozarg »

Glad I got my $3k of TLH in during the mid-January to mid-February drop.

Of course, there might be plenty more drop to work with in the remainder of the year.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by john94549 »

livesoft wrote: don't peek
Didn't I start a thread of the same name? It's counter-intuitive, If you say "don't peek", folks peek. My gracious, now we'll be examining whether to "sell in May, and go away". In the same vein, "harch, harch, buy in March" and "April flowers, market glowers". Then, you get the "June swoon". I'm open to other rhymes. Multi-syllabic months are the trickiest.

It's easier to rhyme IRA CDs. "I got two, did you too?" Or, "three point oh, give it a go".
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by NYCwriter »

Well, I'm glad that I stayed the course and added money to things when everything was low. Corrections strip away over-valuation, and my approach is to see this as a good thing in a 3,5,15,20 year timeframe. Recession be damned.

I purchased a Gold trust ETF (GLD) at the beginning of the year, and XLE mid Feb. I never purchase new funds after the year starts, but this was a pre-planned event. They could undo by the end of the year but they've been my best holdings.

I added my regular amounts to my taxable funds, including my core equity fund (VTSAX) a couple of weeks ago. No timing, I'm just glad I did it before the rally :)

My small-basket common stock holdings are all green, except for Amazon and PFE. But I don't really add much to these holdings except to let dividend reinvesting work.

The good days are a reminder that not panic-selling or freaking out during bad periods works. That's all.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by tetractys »

NYCwriter wrote:Well, I'm glad that I stayed the course and added money to things when everything was low.
Me too. That's how it's done! -- Tet
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Cramerica »

Is there any difference between buying an index on a down day versus a distribution day?

Do they ever post a distribution schedule and not follow it exactly?
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Kevin M »

Why does anyone care what happened YTD in 2016? It's just an arbitrary (very short) time period.

I saw this mentioned on the tiny bit of news I watch (a bit of PBS News Hour). Usually I ignore stock market stuff I hear on the news, since it's aimed at the financially-ignorant masses. This reminds me of the news.

Kevin
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by grabiner »

Cramerica wrote:Is there any difference between buying an index on a down day versus a distribution day?

Do they ever post a distribution schedule and not follow it exactly?
The index itself doesn't make a distribution, and stocks held by the index distribute dividends on different dates. Index funds will reinvest dividends in the index stocks, so that they stay 100% invested. If you reinvest the distribution when the fund pays it out, you continue to follow 100% of the index, so the distribution is a non-event.

In a taxable account, there is a slight advantage in buying an index fund after the distribution; you'll owe tax on the distribution. However, for most index funds, this cost is trivial. For something like Total Stock Market Index which pays 2% dividends, almost all qualified, the quarterly dividend on a $10,000 investment is $50, which is $8 in tax if you pay 15% tax on qualified dividends.
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by itstoomuch »

Kevin M wrote:Why does anyone care what happened YTD in 2016? It's just an arbitrary (very short) time period.

I saw this mentioned on the tiny bit of news I watch (a bit of PBS News Hour). Usually I ignore stock market stuff I hear on the news, since it's aimed at the financially-ignorant masses. This reminds me of the news.

Kevin
I am interested. :oops:
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by Cramerica »

grabiner wrote:
Cramerica wrote:Is there any difference between buying an index on a down day versus a distribution day?

Do they ever post a distribution schedule and not follow it exactly?
The index itself doesn't make a distribution, and stocks held by the index distribute dividends on different dates. Index funds will reinvest dividends in the index stocks, so that they stay 100% invested. If you reinvest the distribution when the fund pays it out, you continue to follow 100% of the index, so the distribution is a non-event.

In a taxable account, there is a slight advantage in buying an index fund after the distribution; you'll owe tax on the distribution. However, for most index funds, this cost is trivial. For something like Total Stock Market Index which pays 2% dividends, almost all qualified, the quarterly dividend on a $10,000 investment is $50, which is $8 in tax if you pay 15% tax on qualified dividends.
But what is the difference, if any, between a distribution day and a down day if the NAV is decreased during both?

For example, imagine I said I want to buy X stock when it drops 1.5%. Is there any difference between buying when it actually drops 1.5% versus buying after a dividend was paid, thereby lowering the NAV by 1.5%?
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Re: Your stock funds closed at highest [so far] of 2016 today

Post by grabiner »

Cramerica wrote:
grabiner wrote:
Cramerica wrote:Is there any difference between buying an index on a down day versus a distribution day?

Do they ever post a distribution schedule and not follow it exactly?
The index itself doesn't make a distribution, and stocks held by the index distribute dividends on different dates. Index funds will reinvest dividends in the index stocks, so that they stay 100% invested. If you reinvest the distribution when the fund pays it out, you continue to follow 100% of the index, so the distribution is a non-event.
But what is the difference, if any, between a distribution day and a down day if the NAV is decreased during both?

For example, imagine I said I want to buy X stock when it drops 1.5%. Is there any difference between buying when it actually drops 1.5% versus buying after a dividend was paid, thereby lowering the NAV by 1.5%?
The difference is that you are buying different things. If X stock is worth $100 on Monday, and $98.50 on Tuesday, you buy the same thing on Tuesday as on Monday; the change is a reflection of the market's perception of the company's prospects. But if X stock is worth $100 on Wednesday, then pays a $1.50 dividend and drops to $98.50 on Thursday, the market's perception has not changed; Wednesday's buyers broke even on Thursday because they now have $1.50 in cash and $98.50 in stock. And on Thursday, you are not buying the same thing, as you are buying a company which has $1.50 less per share of cash; that $1.50 was distributed to shareholders.

The tax situation is different; Wednesday's buyers made no profit, but they owe tax on Thursday's dividend.
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