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

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Post Reply
Topic Author
livesoft
Posts: 70154
Joined: Thu Mar 01, 2007 8:00 pm

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

Post by livesoft » Fri Mar 11, 2016 4:41 pm

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:
Wiki This signature message sponsored by sscritic: Learn to fish.

heyyou
Posts: 3624
Joined: Tue Feb 20, 2007 4:58 pm

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

Post by heyyou » Fri Mar 11, 2016 6:41 pm

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.

User avatar
elgob.bogle
Posts: 733
Joined: Fri Feb 29, 2008 1:29 pm

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

Post by elgob.bogle » Fri Mar 11, 2016 6:59 pm

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.

elgob

Grogs
Posts: 603
Joined: Tue Mar 24, 2015 4:55 pm

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

Post by Grogs » Fri Mar 11, 2016 7:10 pm

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.

User avatar
blueblock
Posts: 875
Joined: Sun Oct 19, 2014 6:06 pm
Location: Wisconsin

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

Post by blueblock » Fri Mar 11, 2016 7:10 pm

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.)

User avatar
jhfenton
Posts: 4528
Joined: Sat Feb 07, 2015 11:17 am
Location: Ohio

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

Post by jhfenton » Fri Mar 11, 2016 7:29 pm

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.

Topic Author
livesoft
Posts: 70154
Joined: Thu Mar 01, 2007 8:00 pm

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

Post by livesoft » Fri Mar 11, 2016 7:37 pm

I think I've figured the rebalancing thing out as evidenced by beating our benchmarks by about 0.7% so far YTD.
Wiki This signature message sponsored by sscritic: Learn to fish.

Grt2bOutdoors
Posts: 22225
Joined: Thu Apr 05, 2007 8:20 pm
Location: New York

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

Post by Grt2bOutdoors » Fri Mar 11, 2016 8:09 pm

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:
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions

User avatar
Toons
Posts: 13494
Joined: Fri Nov 21, 2008 10:20 am
Location: Hills of Tennessee

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

Post by Toons » Fri Mar 11, 2016 8:17 pm

They Did?






:shock:
Last edited by Toons on Fri Mar 11, 2016 9:09 pm, edited 1 time in total.
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee

BahamaMan
Posts: 896
Joined: Wed Oct 01, 2014 5:52 pm

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

Post by BahamaMan » Fri Mar 11, 2016 8:21 pm

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

patrick
Posts: 1728
Joined: Fri Sep 04, 2009 3:39 am
Location: Mega-City One

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

Post by patrick » Fri Mar 11, 2016 8:32 pm

Not if you slice and dice by region ... Vanguard Pacific Index (VPACX) is still about 1.2% below its peak in early January.

Frans
Posts: 256
Joined: Wed Feb 12, 2014 6:25 pm

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

Post by Frans » Fri Mar 11, 2016 8:40 pm

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.

Theoretical
Posts: 1504
Joined: Tue Aug 19, 2014 10:09 pm

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

Post by Theoretical » Fri Mar 11, 2016 8:49 pm

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.

Topic Author
livesoft
Posts: 70154
Joined: Thu Mar 01, 2007 8:00 pm

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

Post by livesoft » Fri Mar 11, 2016 9:03 pm

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.
Wiki This signature message sponsored by sscritic: Learn to fish.

User avatar
stemikger
Posts: 4950
Joined: Thu Apr 08, 2010 5:02 am

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

Post by stemikger » Sat Mar 12, 2016 1:12 am

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!!!

itstoomuch
Posts: 5343
Joined: Mon Dec 15, 2014 12:17 pm
Location: midValley OR

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

Post by itstoomuch » Sat Mar 12, 2016 1:23 am

I am probably, [will] do some discretionary acct selling. Sold Indexes last week on a down day. :oops:
Last edited by itstoomuch on Sun Mar 20, 2016 1:17 pm, edited 1 time in total.
Rev012718; 4 Incm stream buckets: SS+pension; dfr'd GLWB VA & FI anntys, by time & $$ laddered; Discretionary; Rentals. LTCi. Own, not asset. Tax TBT%. Early SS. FundRatio (FR) >1.1 67/70yo

Erwin
Posts: 1929
Joined: Fri Apr 27, 2007 11:16 pm

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

Post by Erwin » Sat Mar 12, 2016 1:30 am

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.
Erwin

User avatar
oldcomputerguy
Moderator
Posts: 7489
Joined: Sun Nov 22, 2015 6:50 am
Location: In the middle of five acres of woods in East Tennessee

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

Post by oldcomputerguy » Sat Mar 12, 2016 7:37 am

Grt2bOutdoors wrote:The market is moving on the price of oil, it could be a slippery slope indeed.
Ouch!
"I’ve come around to this: If you’re dumb, surround yourself with smart people; and if you’re smart, surround yourself with smart people who disagree with you." (Aaron Sorkin)

Erwin
Posts: 1929
Joined: Fri Apr 27, 2007 11:16 pm

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

Post by Erwin » Sat Mar 12, 2016 7:39 am

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)
Erwin

scone
Posts: 1457
Joined: Wed Jul 11, 2012 4:46 pm

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

Post by scone » Sat Mar 12, 2016 7:44 am

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:
"My bond allocation is the amount of money that I cannot afford to lose." -- Taylor Larimore

User avatar
tadamsmar
Posts: 8761
Joined: Mon May 07, 2007 12:33 pm

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

Post by tadamsmar » Sat Mar 12, 2016 7:52 am

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.

linedog
Posts: 13
Joined: Wed Mar 09, 2016 12:51 pm

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

Post by linedog » Sat Mar 12, 2016 10:01 am

I peek! I'm also retired, so I'm enjoying the gains.

Topic Author
livesoft
Posts: 70154
Joined: Thu Mar 01, 2007 8:00 pm

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

Post by livesoft » Sat Mar 12, 2016 10:04 am

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.
Wiki This signature message sponsored by sscritic: Learn to fish.

Ron
Posts: 6605
Joined: Fri Feb 23, 2007 7:46 pm
Location: NY-NJ-PA Metropolitan Statistical Area

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

Post by Ron » Sat Mar 12, 2016 10:33 am

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

letsgobobby
Posts: 12073
Joined: Fri Sep 18, 2009 1:10 am

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

Post by letsgobobby » Sat Mar 12, 2016 10:46 am

How about international stocks?

I don't peek, so counting on those of you that do to keep me in the loop!

SGM
Posts: 3074
Joined: Wed Mar 23, 2011 4:46 am

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

Post by SGM » Sat Mar 12, 2016 5:08 pm

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.

User avatar
zaboomafoozarg
Posts: 2084
Joined: Sun Jun 12, 2011 12:34 pm

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

Post by zaboomafoozarg » Sat Mar 12, 2016 5:24 pm

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.

john94549
Posts: 4638
Joined: Tue Jul 26, 2011 8:50 pm

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

Post by john94549 » Sat Mar 12, 2016 9:35 pm

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".

NYCwriter
Posts: 269
Joined: Thu Sep 17, 2015 12:46 am

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

Post by NYCwriter » Sat Mar 12, 2016 9:52 pm

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.

User avatar
tetractys
Posts: 4636
Joined: Sat Mar 17, 2007 3:30 pm
Location: Along the Salish Sea

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

Post by tetractys » Sat Mar 12, 2016 10:11 pm

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

Cramerica
Posts: 237
Joined: Sat Oct 03, 2015 5:30 pm

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

Post by Cramerica » Sun Mar 20, 2016 11:09 am

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?

User avatar
Kevin M
Posts: 11341
Joined: Mon Jun 29, 2009 3:24 pm
Contact:

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

Post by Kevin M » Sun Mar 20, 2016 11:27 am

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
Wiki ||.......|| Suggested format for Asking Portfolio Questions (edit original post)

User avatar
grabiner
Advisory Board
Posts: 26085
Joined: Tue Feb 20, 2007 11:58 pm
Location: Columbia, MD

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

Post by grabiner » Sun Mar 20, 2016 1:13 pm

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.
Wiki David Grabiner

itstoomuch
Posts: 5343
Joined: Mon Dec 15, 2014 12:17 pm
Location: midValley OR

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

Post by itstoomuch » Sun Mar 20, 2016 1:22 pm

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:
Up 6.5% YTD on discretionary accounts And holding ~40% cash too. :dollar

standard disclaimers + YMMV.
Rev012718; 4 Incm stream buckets: SS+pension; dfr'd GLWB VA & FI anntys, by time & $$ laddered; Discretionary; Rentals. LTCi. Own, not asset. Tax TBT%. Early SS. FundRatio (FR) >1.1 67/70yo

Cramerica
Posts: 237
Joined: Sat Oct 03, 2015 5:30 pm

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

Post by Cramerica » Sun Mar 20, 2016 6:13 pm

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%?

User avatar
grabiner
Advisory Board
Posts: 26085
Joined: Tue Feb 20, 2007 11:58 pm
Location: Columbia, MD

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

Post by grabiner » Sun Mar 20, 2016 6:45 pm

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.
Wiki David Grabiner

Post Reply