Portfolio Two Updated February 2020

Portfolio 2 is 15 1/2 years old.  The beneficiary contributed $8000 and the trustee $16,200 for a total of $24,200.  The current value is $46,438 for a gain of $22,438 or 93%, which is 7.3% / year adjusted for the timing of cash flows.  See a summary here or at the link on the side.

The ETF’s in the portfolio are doing well.  We sold the ETF IBB this year for a $200 gain, and had some small gains paid out from the ETF HEFA (Vanguard ETF’s don’t pay out gains or losses) as well as dividends.

There is a lot of cash at $12,799 with $5100 in the bond fund (BND).  May want to consider putting some of it back in the market or in the gold ETF (IAU).

Portfolio One Updated February, 2020

Portfolio One is our oldest portfolio at 18 1/2 years.  The current value is $55,208 vs. investment (net of withdrawals) of $21,000, for a gain of $34,208 or 163% which is 7.7% / year adjusted for the timing of cash flows.

In 2019 we only had one sale for a loss of ($364) and dividends of $679 (use the exact amounts on the 1099 tax form).

The stocks are currently doing well.  Exxon Mobil (XOM) is the laggard of the lot, as traditional energy stocks have been hit by declining crude and natural gas prices and an aversion to this sector by investors.  It is difficult for me to recommend selling this stock because it is well run and has a strong history of management discipline but we may consider it.

Portfolio 1 Price Momentum

 

Consolidated Performance Through February 2020

The portfolios are up about 5% for YTD 2020.  This is roughly in line with benchmarks – US markets are up around 5% and non-US markets are down 3% (down 2% when you take out the additional impact of the strengthening US dollar).  The markets have kept rising after the large gains in 2019 and with the headwinds of many international events.

Consolidated Portfolio Performance Through Feb 2020

Portfolio 3 Updated December 2019

Portfolio three is 12 years old.  The beneficiary contributed $6500 and the trustee $13,000 for a total of $19,500.  The current value is $25,768 for a gain of $6,168 or 31%, which is 3.8% / year when adjusted for the timing of cash flows.  See the details here or go to the link on the right.

This portfolio recently changed from a stock portfolio to an ETF portfolio, like Portfolio 2.  We sold off the stocks and purchased ETF’s, including 52% in equities,  10% in gold, 28% bonds, and 10% cash (currently yielding 1.7%).

Portfolio Five Updated December 2019

Portfolio 5 is 10 years old.  The beneficiary contributed $5500 and the trustee $11,000 for a total of $16,500.  The current value is $21,627 for a gain of $5,127 or 31%, which is 4.5% / year when adjusted for the timing of cash flows.  See the details here or at the link on the right.

Bigger gains came from Appian (APPN), Union Pacific (UNP), and Procter and Gamble (PG).  There are 17 stocks in the portfolio.

 

Portfolio Four Updated December 2019

Portfolio Four is 10 years old.  The beneficiary contributed $5500 and the trustee $11,000 for a total of $16,500.  The current value is $22,566 for a gain of $6,016 or 37%, which is 5.1% / year when adjusted for the timing of cash flows.  You can see a summary here or at the link on the right.

The portfolio has 19 stocks.  Big gains have come from Appian (APPN), Elbit Systems (ESLT), Procter & Gamble (PG), Oracle (ORCL) and Wal-Mart (WMT).  It is important to factor in the impact of dividends on stocks held a long time; for example Royal Dutch Shell (RDS.B) and Westpac (WBK) look like “losers” from a stock price perspective – but when dividends are (properly) included, they move into the winning column.

Portfolio Six Updated December 2019

Portfolio six is seven years old.  The beneficiary contributed $4000 and the trusted $8000 for a total of $12,000.  The current value is $14,495 for a gain of $2,495 or 21% which is 4.2% / year when adjusted for the timing of cash flows.  You can see the details here or at the link on the right.

The gains in this portfolio come from Procter and Gamble (PG), Union Pacific Corporation (UNP), and Elbit Systems (ESLT).  There are 13 stocks in the portfolio.