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.