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May, 2026: 30
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| 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. |
5/30/26- As of this date, my wife's and my total liquid assets (TLA) have a market value of $2,611,314, up $66,418 or 2.61% from their level as of last month's entry. The current TLA level is $145,871 or 5.92% above that at the end of 2024.
I had mentioned this past January that I was hoping to see about a 13% increase in our TLA for the whole year. At this time we are on track to attain that target. Our annualized gains work out to a bit above 14% for 2026, as things stand at the end of May.
Of course, upcoming months' returns may well burst that bubble. It has been pointed out that the S&P 500 Index has been up significantly in each of the prior three years and so far in 2026 as well. Odds that the rest of 2026 will assure substantial gains for all four consecutive years, 2023 through 2026, are quite small. It is much more likely, based on historical results, that at some point in the next seven months the major market indices will be down, perhaps even a lot, so that for the year we shall see a correction or even a bear market, though a single-digit return for the year is also a possibility.
As noted on 3/28/26 and again last month, we are following how the S&P 500 Index is doing relative to its 200-day moving average effective as of the 28th of each month. This month, the index is once more above its 200-day moving average, so I am not being as conservative in our portfolio as if that were not the case. Nonetheless, I do believe there are as yet a number of factors that can potentially be headwinds for further progress in stocks' and stock funds' recent positive results. Thus, we are keeping plenty as yet in low risk assets such as money market funds and the "NEAR" ETF.
Businesses in which I have an interest these days include those with the ticker symbols ELV, HIG, and TOL. They seem to have nice things going for them and to be selling below their true value. Of course, each investor should do his or her own due diligence before purchasing new shares.
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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.