Portfolio Six Updated February 2020

Portfolio 6 is 7 1/2 years old.  The beneficiary contributed $4000 and the trustee $8000 for a total of $12,000.  The current value is $14,858 for a gain of $2,858 or 24%, which is 4.7% / year when adjusted for timing of cash flows.  See details here or at the link.

During 2019 we had 2 sales for a long term capital loss of ($307) and dividends of $221 for tax purposes (see 1099 for exact values these are estimates).

The stocks on watch for this portfolio are

  • Exxon Mobil (XOM) – while this oil and gas company is well managed and has a high dividend, the stock price has not improved in many years and the large oil companies were hit recently with the reduction in commodity prices.  Will be painful to give up on this stock but am considering it
  • Royal Dutch Shell (RDS.B) – like Exxon Mobil, this integrated oil and gas company pays a very high dividend but has not improved in many years.  It also was hit by recent commodity price drops
  • Baozun (BZUN) – Chinese e commerce company is well run but has been hit by recent geopolitical events

Portfolio Five Updated February 2020

Portfolio 5 is 10 1/2 years old.  The beneficiary contributed $5500 and the trustee $11,000 for a total of $16,500.  The current value is $22,877 for a gain of $6377 or 39% which is 5.3% / year adjusted for the timing of cash flows.  Go here for details or to the links on the page.

In 2019 we had 3 sales for a long term loss of -$430 and $367 in dividends.

Right now we have a few stocks we are looking at:

  • Baozun (BZUN) – Chinese e-commerce enabling firm keeps getting hit by headwinds.  Well run but may sell
  • General Motors (GM) – hit by labor unrest and now Chinese issues.  Holding up OK.

Portfolio Four Updated February 2020

Portfolio 4 is 10 1/2 years old.  The beneficiary contributed $5500 and the trustee $11,000 for a total of $16,500.  The current value is $23,284 for a gain of $6784 or 41%, which is 5.6% / year adjusted for the timing of cash flows.  See a summary here or at the links section.

We had 2 sales in 2019 for a long-term loss of ($320) and $361 of dividends.

The current portfolio is doing well.  The stocks on watch are:

  • Box (BOX), a well run software / storage company which has been in the doldrums for a while.  I thought that they could be a takeover candidate which would cause the stock price to rise.  May sell not much happening
  • Royal Dutch Shell (RDS.B) – this oil major has a high dividend but the stock has not done much for years.   Hit with recent oil price declines like the other oil majors.  May sell
  • Nucor (NUE) – we’ve had this US metals company for many years.  While well run, it hasn’t done a lot.  May sell

Portfolio Three Updated February 2020

Portfolio three is 12 1/2 years old.  The beneficiary contributed $6500 and the trustee $13,200 for a total of $19,700.  The current value is $26,940 for a gain of $7240 or 37% which is 4.4% / year adjusted for the timing of cash flows.  See details here or at the links section.

This portfolio sold off individual stocks in late 2019 and moved into ETF’s for career reasons.  The ETF’s have been doing well since their purchase in late 2019.

There will be taxes for this portfolio tied to the sales of the individual stocks sold as well as the usual dividends earned.  These will be pulled off the 1099 for year end.

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.

Portfolio Seven Updated December 2019

Portfolio seven is more than 4 years old.  The beneficiary contributed $2500 and the trustee $5000 for a total of $7500.  The current value is $10,526 for a gain of $3,026 or 40%, which is 11.5% / year when adjusted for the timing of cash flows.  See details here or at the link on the right.

Portfolio seven’s gains to date have mainly come from Mastercard the credit card company and Alibaba the Chinese e-commerce giant.

Portfolio Eight Updated December 2019

Portfolio 8 is a bit over 4 years old.  The beneficiary contributed $2500 and the trustee $5000 for a total of $7500.  The current value is $9,557 for a gain of $2,057 or 27%, or 8.2% / year when adjusted or the timing of cash flows.  You can see the summary here or at the link on the right.

The portfolio holds 9 stocks.  The biggest winner is Mastercard (MA) and the others have been doing OK.  General Motors (GM) and Baozun (BZUN) are down a bit overall.

Portfolio Two Updated December, 2019

Portfolio two is over 15 years old.  The beneficiary contributed $8000 and the trustee $16,200 for a total of $24,200.  The current value is $45,377 for a gain of $21,177 or 87%, for an annualized return of 7.1% adjusted for the timing of cash flows.  You can see a summary at the link on the right or here.

This is an ETF portfolio, with 28% in cash, 11% in bonds (the BND ETF), and the remaining in US and worldwide equities.

2019 was a good year for the markets and this portfolio as well.

Portfolio One Updated December 2019

Portfolio One is over 18 years old.  The current value is $53,357.  The beneficiary contributed $3000 (net of withdrawals) and the trustee contributed $18,000 for a total of $21,000 and a gain of $32,357.  This is a return of 154%, or 7.2% / year adjusted for the timing of cash flows.  A summary is on the links to the right or here.

There are 17 stocks in the portfolio and generally doing well given that the markets have been going up in 2019.  Right now the portfolio is holding $10,179 in cash which currently yields about 1.7% in investment income, as well.