Where we're at:
S&P: 2099
Dow: 17807
10yr: 1.7%
S&P P/E: 26.22
VIX: 13.47
Equity: 36
Bond: 52
Cash: 11
1yr: 0.1%
Another curve ball for the Fed, low number of jobs created in May, so probably no rate hike in June, maybe all of the summer. So, equity-heads can continue touting a bull. Our reits continue to hang in there, best performer for 2016 so far. Our local economy had a bit of good news last week, a large employer announced that it is staying in the area. It seemed like people breathed a sigh of relief, but a number of people are barking that any incentives are not worth the cost (whatever they are).
We continue to fund our retirement accounts (50/50), with some internationals and short term TIPs. I still look at the dividend payers, but they seem expensive now like everything else. I'm hoping that this summer will the calmest work-wise since 2012. There has been job turmoil for us each of the last 3 years, including spouse leaving LOGM. I may get a MNPLS trip in July.
Glad our house is paid for, will have some expenses this summer (A/C, sump pump, maybe our east coast trip).
Saturday, June 04, 2016
Sunday, May 01, 2016
April 2016
Where we're at:
Dow: 17773.64
S&P: 2065
VIX: 15.70
10 yr: 1.82%
S&P P/E: 25.92
equity: 36.3
bond: 54.2
cash: 9
1 yr: -0.2%
The month started off strong, but ended with a thud. However, my 1 yr loss is narrowing. I have turned around my FTSE ex-US loss to a slight gain. US stocks and most bonds are still positive for us. REITS are all over the board. The economic news continues to be bad, especially for manufacturing. TXT reported and had a slight increase in jet deliveries in the 1st quarter, with backlog holding steady. I still enjoy the quarterly reports. I miss my friends who passed away in February.
Work seems steady for both of us. I had an ok session with my supervisor and she seems engaged with my work, but who knows. I feel good going into the new FY. Spouse is having an up and down year, seems normal for sales. I volunteered to demo a new MS product to the team, still trying to stay visible. Sometime in May, the local management should announce whether the office will stay or go. My bet is it goes.
Dow: 17773.64
S&P: 2065
VIX: 15.70
10 yr: 1.82%
S&P P/E: 25.92
equity: 36.3
bond: 54.2
cash: 9
1 yr: -0.2%
The month started off strong, but ended with a thud. However, my 1 yr loss is narrowing. I have turned around my FTSE ex-US loss to a slight gain. US stocks and most bonds are still positive for us. REITS are all over the board. The economic news continues to be bad, especially for manufacturing. TXT reported and had a slight increase in jet deliveries in the 1st quarter, with backlog holding steady. I still enjoy the quarterly reports. I miss my friends who passed away in February.
Work seems steady for both of us. I had an ok session with my supervisor and she seems engaged with my work, but who knows. I feel good going into the new FY. Spouse is having an up and down year, seems normal for sales. I volunteered to demo a new MS product to the team, still trying to stay visible. Sometime in May, the local management should announce whether the office will stay or go. My bet is it goes.
Tuesday, March 29, 2016
Mar 29 2016
Where we're at:
Dow: 17633.11
S&P: 2055
VIX: 13.82
10 yr: 1.81%
S&P P/E: 25.95
equity: 36.7
bond: 55
cash: 8.3
1 yr: -3.3%
The market has retraced itself and is now flat for 2016. Our REITs and bonds are doing well, Larger US equities have recovered, especially dividend payers. I can't get over thinking that they are overpriced right now. Lots of opinions on buying the same companies (P&G, JNJ, T, VZ, REITs....). It reminds me of 2000, when everyone was a stock expert and Tyco, Enron, Worldcom and others were at the top of everyone's list, until they weren't......
Personally, I like internationals. They pay solid dividends and the MSCI P/E is in the mid teens, not the low 20's, but we'll see. I bought some in Jan and early Feb. Company continues to act strange, layoff and relocation rumors now. I don't worry like I did at TXT, but you never know. Spouse is hearing some noise too, especially if her numbers don't improve. Who knows maybe our son will support us starting in the summer. Taking a day trip to KC this weekend.
Finished a consult gig this week, nice pay for a few hours of DBA work. I'd like to do a bit more side stuff, just to keep that skill current. Had a good trip to MS data summit. Power BI is gaining traction and could be a nice tool for the box.
Dow: 17633.11
S&P: 2055
VIX: 13.82
10 yr: 1.81%
S&P P/E: 25.95
equity: 36.7
bond: 55
cash: 8.3
1 yr: -3.3%
The market has retraced itself and is now flat for 2016. Our REITs and bonds are doing well, Larger US equities have recovered, especially dividend payers. I can't get over thinking that they are overpriced right now. Lots of opinions on buying the same companies (P&G, JNJ, T, VZ, REITs....). It reminds me of 2000, when everyone was a stock expert and Tyco, Enron, Worldcom and others were at the top of everyone's list, until they weren't......
Personally, I like internationals. They pay solid dividends and the MSCI P/E is in the mid teens, not the low 20's, but we'll see. I bought some in Jan and early Feb. Company continues to act strange, layoff and relocation rumors now. I don't worry like I did at TXT, but you never know. Spouse is hearing some noise too, especially if her numbers don't improve. Who knows maybe our son will support us starting in the summer. Taking a day trip to KC this weekend.
Finished a consult gig this week, nice pay for a few hours of DBA work. I'd like to do a bit more side stuff, just to keep that skill current. Had a good trip to MS data summit. Power BI is gaining traction and could be a nice tool for the box.
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