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April, 2026: 30
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. |
4/30/26- Through today, my wife's and my total liquid assets (TLA) have a market value of $2,544,896, up $128,515 or 5.32% from their level as of last month's entry. This current TLA level is $79,453 or 3.22% above that at the end of 2024.
As noted on 3/28/26, we sold off a substantial portion of our liquid assets due to the S&P 500 Index having fallen below its 200-day moving average effective that date. As of the next assessment, though, on 4/28/26, it had risen above that moving average. Accordingly, we shall be moving more substantially back into equities. The status of the S&P 500 Index relative to its 200-day moving average will be checked again on the 28th of May.
Notwithstanding a recent upsurge in equity prices generally and in our portfolio, a variety of factors still threaten the U.S. economy and its stock market. I am gradually moving more of our investment funds into a set of financial vehicles anticipated to moderate losses in the event of a major market downturn: 25% will be in stocks that Schwab gives an "A" rating*; 6-7% will be in preferred REITs (DOC, INVH, and PK); another 6-7% will be invested in precious metal ETFs or stocks (IAUM, SIVR, and WPM); yet another 6-7% will be in international ETFs that should do well (FNDF and VXUS); and a final 6-7% will be in my favorite commodity ETF (PDBC). These allocations will be restored as of an annual rebalancing or after the S&P 500 Index has fallen 20% or more, whichever first.
*Schwab "A-rated" stocks have averaged nearly 15% annually since the inception of that rating system, in mid-2002. This record is significantly better than that of the S&P 500 Index in the same period.
Stocks I find of interest include those with the ticker symbols: ELV and TBPH. They seem to be selling below their true value. Of course, each investor should do his or her own due diligence before purchasing new shares.
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.