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March, 2026: 28
Disclaimer - IMPORTANT - Read this first!
| Investor's Journal is a diary focused strictly on investments and personal finance issues, primarily from a contrarian and retiree point of view. Follow along with an average guy's failures and successes as he learns, by trial and error, the fine art of value investing. |
3/28/26- Through Friday, 3/27/26, my wife's and my total liquid assets have a market value of $2,416,381, down $49,062 or 1.99% from their level noted at the end of 2025. Our total liquid assets are down 3.56% ($89,162) since last month's entry. Those stats compare favorably with the results for the DOW, Nasdaq, and S&P 500 Index, off this year by 6.00%, 9.90%, and 7.63%, respectively, an average drop for the three of about 8%.
As noted in our 2/15/26 entry, we planned to sell off approximately half of our equities when the S&P 500 would have fallen below its 200-day moving average on the 28th of each month. Sure enough, effective today that index is below its 200-day moving average (6369 vs. 6633), so we shall be keeping a substantial portion of our overall portfolio in money market funds till the S&P 500 has next risen above that moving average as reviewed on the 28th of a subsequent month.
It is tempting to speculate on the market's general direction from here, given the relatively high price of oil, an ongoing war with Iran, the likelihood of inflation if the Strait of Hormuz continues to be shut to most oil shipping, persistent uncertainly about tariffs, and a rather dysfunctional U.S. government.
However, I note that even during World War II our stock market did not experience a precipitous decline and was significantly higher at the conclusion of hostilities than at their commencement. We could see a similar market response if the war in the Middle East were to end in the next few weeks or months. It seems best to simply follow our investment plan and assume it will be profitable for us in the long run.
Disclaimer and Disclosure Statement
Neither I nor Investor's Journal will be responsible for losses by anyone who obtained ideas from this site.
This diary is intended for personal interest and general information only. You are advised to do your own research (as well as to consult highly compensated professionals) before spending money on anything.
I know of no reason anyone should take my financial musings seriously. At best I am a dedicated amateur providing a bit of investment-related insight and entertainment, at worst an amusing diversion.
My wife, Fran, and I may at times own shares of some of the assets mentioned here. But neither of us receive any benefit from reference to them, unless you count the mutual misery when we get it wrong, or the opportunity to gloat when we get it right.