Dow 16,000....

Where we're at:

Dow: 16067
s and p: 1804.76
10yr: 2.75%
s and p P/E: 25.41
vix: 12.26

equity: 35
bond: 40
cash: 25

1yr: 7.8%

The upward climb continues, thank you fed.  I did my own bit of tapering however, I swapped out our retirement funds from a 2025-2035 exposure to a 2015 to reduce our stock holdings.  When the market corrects, (it should sometime right?) I'll rotate back to a 2020-2025.  That is a cool way to rebalance without tax issues.  I sold the last of my TXT a couple of weeks ago, since it's back over 30 and made a nice 25% profit.   Not sure what is moving the stock, no obvious good news, CSNA may have a good quarter (the 4th usually is), but probably not good enough to move the sub into the black.  Next year should be better, when the new models begin delivering.  Still wish I could have gotten on with Bell.....

I'm beginning to consider IAU again, but I think it has a bit further to fall.  I've also started learning about options just to expand my mind a bit.

Work is ok, another team member is exiting, but staying with the company.  It's a good move for her, still 3 in 9 months seems a bit high.  Although, it was clear the other two were going to be short-timers, as they have no interest in our team's focus area.  I'm now trying to predict when our lead will exit, as it is clear he wants to move up and out.  Since the obvious replacement is this last departure, who knows what will happen when the lead moves on. 

Spouse's work is also ok, she's still having a good year, as is LOGM.  She's getting ready for Cancun and warmth.  I probably have one more post in me before 2014, to think about moves for next year.