Where we're at:
DJIA 12,217.56
S&P 500 1,257.60
10-Yr T-Note 1.87%
s&p P/E: 21.04
VIX: 23.40
equity: 30
bond: 34
cash: 36
1 year: 1.27%
Well, another year of the great recession complete. Spouse and myself remain employed. She had a great year, best for her in awhile. TXT (and CSNA) muddle through, December should have been ok. I managed to beat both my benchmark (-2.1) and the S&P (flat) in 2011.
What worked: TIPS, REITs, tax exempt bonds, high yield bonds, in other words, bonds.
What missed: non-US equities and TXT. Oh well, maybe next year.
No matter what the pundits say, everyone should own some bonds and (yes) some dividend paying stocks. I'm sure the experts will be shorting bonds (of all sorts) in 2012. Luckily, we bought most of ours in the early part of the decade. About the only thing I'd like to buy next year is some GLD, I tried in December but it went above my price.
Next year:
1. Continue my data mining and big data "homework" and position myself for a project role.
2. Make it to May and get vested.
3. Buy some GLD.
4. Look around if the market improves.
Home: Remodel the main bathroom, finally. Regardless of employment situation and the economy.
As for the national presidential election, if the repubs nominate anyone but Romney, I'm voting for the President.
Saturday, December 31, 2011
Saturday, December 03, 2011
No IT layoffs in 2011....
Where we're at:
Dow: 12019.42
s&p: 1244.28
10yr: 2.04%
s&p P/E: 20.82
VIX: 27.52
equity: 30
bond: 33
cash: 33
1yr: 5.10%
After a rough start, November recovered a bit during the last week. The US economy does not appear to be failing off a cliff, but Europe is "toying" with the world markets. Apparently Europe was closer to a Lehman event than previously thought, evidenced by the world central bank announcement on Wednesday. I'm still not sure how December will play out, but I'll be happy to collect my yearly dividends and wish this year goodbye (or good buy).
For the first time in 3 years, no IT layoffs. I think we've had enough voluntary turnover to keep our FTE count under control. Management seems to think that we have the right staff for 2012 as well. Our new director has some interesting work planned for 2012, I hope it pans out. I'm due to vest in May, we'll see how the job market looks next summer.
Dow: 12019.42
s&p: 1244.28
10yr: 2.04%
s&p P/E: 20.82
VIX: 27.52
equity: 30
bond: 33
cash: 33
1yr: 5.10%
After a rough start, November recovered a bit during the last week. The US economy does not appear to be failing off a cliff, but Europe is "toying" with the world markets. Apparently Europe was closer to a Lehman event than previously thought, evidenced by the world central bank announcement on Wednesday. I'm still not sure how December will play out, but I'll be happy to collect my yearly dividends and wish this year goodbye (or good buy).
For the first time in 3 years, no IT layoffs. I think we've had enough voluntary turnover to keep our FTE count under control. Management seems to think that we have the right staff for 2012 as well. Our new director has some interesting work planned for 2012, I hope it pans out. I'm due to vest in May, we'll see how the job market looks next summer.
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