People fear double-digit stock market declines. I see them as opportunities. The US stock market has been more volatile lately. And my portfolio is better off because of this volatility. I just finished reading Nassim Taleb’s book Antifragile. He has got me thinking about my … [Read more...] about Volatility is good for my investments
I realize that this sounds silly. Individual investors and university endowments don’t play in the same league! Still there is no harm in studying other investors’ portfolios. Even those that are managed professionally. For perspective, current market value of Yale University’s … [Read more...] about Benchmarking my portfolio against Yale’s endowment
Most of my capital is invested in stocks. You can see my portfolio here. I keep some cash as rainy-day fund and also for my dry-powder strategy. In today’s low-rate environment, cash does not return much. Short-duration CDs yield 1% to 1.5%. One-year treasury bonds return about … [Read more...] about Get more out of your cash
Long-term investors face inevitable bear markets. Stocks may go down 20%, 30%, or occasionally even 40% - 50% before recovering. Bear markets last from six months to two years but it takes longer for stocks to recover to their previous peak prices. As an investor, I have gone … [Read more...] about I use cash as dry powder
As you can see from the pie chart, about two-third of my portfolio is invested in stocks. Mostly in either individual stocks or stock index funds. I have some real-estate investments but they are about one-sixth of the portfolio. I keep some cash for my near-term needs and the … [Read more...] about What my portfolio contains today?