CAVEAT: THIS BLOG CONTAINS (albeit often very childish) ADULT-CONTENT.

REQUISITE BLOG DISCLAIMER: Entries at this blog are akin to good old-fashioned campfire chats; I offer no opinion on what you should or should not purchase, or what you should be using or doing. What does or does not work for me could be long country-miles away from your tastes and your needs. Any products, places, and / or whatnots that I review for this blog are purchased at retail price by me. I do not accept payment, gifts, discounts, freebies, products on loan, demon alcohol, drugs, plea-bargains, probation, parole, Presidential Pardons, or any flavor of sexual favors for doing any review.

EU TRACKING COOKIE NOTICE: Our Lord and Savior, The Almighty Gooooogley, bakes those scrumptious cookies and whenever The Almighty Gooooogley cooks something up it means everything related is for sale; it is possible that some of you good souls could be sold-out. The author of this blog sincerely appreciates the many visitors from inside and outside of the USA and feels obligated to mention that YOUR RESPECTIVE GOVERNMENTS (and / or employers) MAY KNOW THAT YOU WERE HERE and they may not approve of you perusing the blog entries regarding GUNS ... KNIVES ... SELF-DEFENSE ... CORRUPT POLITICIANS ... SELF-SERVING ROGUE GOVERNMENT AGENCIES ... GOVERNMENT SPYING ON CITIZENS ... Human Rights ... Freedom of Speech ... Life ... Liberty ... Pursuit of Happiness ... War isn't Peace ... Slavery isn't Freedom ... Ignorance is Weakness ... and all that other "subversive" stuff that worries the living hell out of the dictatorial elite.

Vive la liberté! Vive all y'all!

Ante omnia armari

To each of you ... Thanks for stopping by.

Friday, December 3, 2010

Hard Times Investing Update 12/3/2010


Goodness sakes alive, I haven’t blabbed about my portfolio since 12/26/2009. Same news, different day; the portfolio (which is of modest value) is at another all time high, but not because I am prescient; it is only because I am still riding a righteously beautiful wave of dumb luck. The allocation is 50% each for cash and equities (the bulk of my investment cash is in a liquid fixed-rate vehicle loaded with high quality bonds). I won’t be getting rich but the odds are favorable for me avoiding the poorhouse for a while longer. Based on a model of my own design, the S&P-500 at around 1200 was the comfort zone for this year so I saw no reason to do much in the way of portfolio adjustments. For next year, (2011) my comfort zone for the S&P-500 is around the 1285 level. Market moves substantially higher than 1285 will have me taking some money from equities; market moves substantially below 1285 will call for me to move some more money into equities.

When do I believe the S&P-500 will return to the pre-crash levels of the upper 1500s? My non-scientific, computerized, wild ass guess, investment projection model says somewhere around the 1587 level will be my S&P-500 comfort zone for the year 2014. However, the ever-ominous dark cloud of fate warns that the markets don’t give a damn about what my model says. OBLIGATORY DISCLAIMER: Nothing in this blog entry is financial advice, or advice on investing.

Click HERE for all “Hard Times Investing” entries.

Click HERE for all “Dumb Luck Investing” entries.


No comments: