Investment Update Mar 2020

Well, March came in like a Lion! Like most folks, March was not kind to me, with a significant drop off in the market. My investments went up & down like a yoyo, but I’m hopeful that all the Chinese Corona Virus effects have been marked in, and we’ll be ready for a little less turbulence.

Its interesting how the market has recovered over the last week. I did a quick update on March 23rd, and was down $191K for the month, but by the end of March, I was down only $161K. Still sucks, but at least its starting to come back a bit. My bet is we end up about 10% down for the year.

As you know, the allocation for my retirement accounts (IRAs, 401K, etc) is pretty much index funds, spread out between the  S&P 500, small-cap, international, REITs and bonds. I did rebalance my portfolio at the beginning of the year, selling stocks and buying bonds to get back to my target allocation. That helped a lot!

Retirement Accounts: Remember, my allocation for these is:

  • 30% Bond Index Fund
  • 17.5% S&P500 Index Fund
  • 17.5% International Index Fund
  • 17.5% Small Cap Index Fund
  • 17.5% REIT Index Fund

My 401K doesn’t have REIT option, so its just 25% for each.

Everything was down, just at different points. S&P500 was down about 12%, Small cap -20%, International 14%, REITs -19% and Bonds about 1% (?). Overall, down about 13% in my  major investments.  

My dividend account new allocation (as of Jan 2020) was:

  • 50% Dividend Stocks
  • 50% REITs

Boy, did I pick a wrong time to get out of bonds! Everything took a pummeling, down about 17% total (stocks were hit a little worse than the REITs). The interesting question is whether the stock companies will curtail their dividend payouts in 2020? We will have to see.

My brokerage account has two value index funds, and their down about 23% for the months. Again, like everyone, we just got savaged – down about 22%

So For March, I’m down -13.68% overall, and down -18.62% for 2020. I still have a little over $1M in invested assets (just barely) but was below the millionaire mark for a lot of March. Time to build back up!

Hope everyone is healthy and your April is better!

Mr. 39 Months

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