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capebretoner
Joined: 02 Aug 2006
Posts: 82
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 Posted: Sat Oct 13, 2007 7:38 pm Post subject: How has the recent instability treated your portfolio |
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Myself, I got hit pretty hard, but I think that the worse has ended. Even through the entire "mess" I continued to invest in the same funds/stocks/bonds as I was before because I knew that they were strong and were only going down because of the panic.
So how did you handle the last couple of months?
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altyfc
Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland
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capebretoner
Joined: 02 Aug 2006
Posts: 82
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| Posted: Mon Oct 15, 2007 10:21 pm Post subject: |
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| altyfc wrote: |
Some of mine got hit, others did OK.
I basically saw it all as an opportunity to buy more. |
Nice, I thought the same thing. If I had more cash available there was a list of companies that I would have made huge buys in, and from where they are now I would have made more than I did for the majority of the year.
But hindsight is always better.
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altyfc
Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland
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| Posted: Thu Nov 01, 2007 12:01 pm Post subject: |
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Yes, hindsight is a wonderful thing. I think I read somewhere that if you just put £1 in the best performing stock of the year 10 years ago, and you happened to move all the funds to the best performing stock each year, it would make you a millionaire. Of course, knowing which is going to perform the best is the tricky bit. 
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iFinancialAdviser
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Joined: 28 Dec 2004
Posts: 1699
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| Posted: Fri Nov 02, 2007 3:58 am Post subject: Re: How has the recent instability treated your portfolio |
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| capebretoner wrote: |
Myself, I got hit pretty hard, but I think that the worse has ended. Even through the entire "mess" I continued to invest in the same funds/stocks/bonds as I was before because I knew that they were strong and were only going down because of the panic.
So how did you handle the last couple of months? |
Are you talking about Canadian companies? US? UK? Emerging markets?
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altyfc
Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland
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capebretoner
Joined: 02 Aug 2006
Posts: 82
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| Posted: Wed Jan 30, 2008 1:16 am Post subject: |
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Well I ended up selling most of my equities soon after my post, I sold them for a profit but not as large of one as I could have.
However my RRSP is in Canadian Index funds and I am currently below my priciple. I am not too worried as the Canadian Economy is not at as high a risk of recession as the American and the index is dominated by oil, and on top of all of that I have a lot of time on my side (40 years before I can withdraw without penalty)
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altyfc
Joined: 29 Dec 2004
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capebretoner
Joined: 02 Aug 2006
Posts: 82
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| Posted: Thu Apr 24, 2008 9:43 pm Post subject: |
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I have recovered my principle and and back in the black and gaining again. That said I am still putting the majority of my NEW money in bonds until I think that everything is going to stabilize to the point that I understand what is going on.
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Wolverine
Joined: 06 Apr 2008
Posts: 36
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| Posted: Sun Apr 27, 2008 4:28 pm Post subject: |
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Been doing fine, enough indexes/funds incorporating tangibles to make up for it.
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altyfc
Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland
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| Posted: Tue May 06, 2008 9:16 am Post subject: |
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So what's the outlook for the next year or more, would you say? Everyone's talking of recession (although we've yet to actually officially be in one, as I understand it)... what kind of stocks will tend to do well in this period of uncertain times, do you think?
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Wolverine
Joined: 06 Apr 2008
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| Posted: Tue May 06, 2008 4:40 pm Post subject: |
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| altyfc wrote: |
| So what's the outlook for the next year or more, would you say? Everyone's talking of recession (although we've yet to actually officially be in one, as I understand it)... what kind of stocks will tend to do well in this period of uncertain times, do you think? |
I have to tell you, my strategy has always been not to care. I am a big fan of taking the emotion out of investing. For example, if you determine that you should be X% in equities due to your situation, then be in that regardless of the market or forecasts. Money that you are worried about being attacked with a recession should not be in volatile investments anyway. Money that is means you are long-term, and regular investing means you continue to be a buyer. So you don't care of prices drop a lot.
I too worry about catastrophes and recessions. Been worrying about them for many years. That is why I follow the sound principles of long-term investing such as diversification across asset type and region.
Maybe the high dividends from foreign indexes will compensate. Maybe bond funds will increase. Maybe REITS will do well in that environment, or metals. Maybe foreign bond funds will do better due to contrast with the dollar. WHO KNOWS. That is why I stay very diversified and keep buying, rebalancing once in a while.
I don't see how anyone can build a strategy around guessing and predicting when even the experts are wrong half the time. That is why a group of funds, like U.S. Technology, will all have the same basic graph even though those fund managers are buying and selling at different times as they try to time the market. I would rather spend my time trying to figure out how to get exposure to Australia's relatively high dividend in a diversified way for the lowest fee.
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