2014 Portfolio Update – May 13, 2015

There is no better time to second-guess yourself than the present  — Metaphor Manglers, probably

I don’t usually pay much attention to short-term effects, because usually they are transitory and contribute little to the trend; even the five year CAGR numbers are meaningless against the backdrop of the 2008 debacle as the subsequent tide lifted all boats, even General Electric appeared to perform. In yesterday’s post I commented at length on my struggles to complete my annual ritual of rebalancing in the face of uncertainty, so today I Continue reading

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Why bother with Rules?

It doesn’t matter if you’re reading this below or above the 49th, or on the other side of the pond; lately investing has been fraught with uncertainty, if not outright danger. Saudi influences on oil prices, US frackers’ ‘damn the torpedoes’ attitudes or, up here, Albertans’ ‘damn the torpedoes’ attitudes have wreaked havoc on energy stocks. EU obstinacy, or Greek obstinacy, take your pick, is messing up my bank stocks, and I have no idea why my telecoms have been slapped down. So, yeah, times are interesting. Continue reading

Your Sell Strategy, or: How to Suck the Joy out of Investing

The part I enjoy most about this Vector for Invective (blog) is the fact that the Financial Industrial Complex and the media that breathlessly feeds at its trough provides such a target rich environment for my vitriol; sadly I lack both the time and depth of vocabulary to truly do their vapid pronouncements justice.

“Markets declined today in a wave of profit taking”

Really? And what inspired the buyers? Continue reading

2014 Portfolio Update

The deed is done, the numbers are in. My portfolio is re-balanced and I’ve managed to follow my rules to a great extent. Reviewing previous posts on the subject, I have to admit to a bit of a chortle, especially here:

Since first implementing my DOGS strategy in 2002, I can honestly say that this has been the toughest time that I’ve had in the markets.

Continue reading

2013 Portfolio Update

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It will be 12 years this May since neglect of my RSP holdings forced me to take action, sell off an over-sized foreign holding and finally buy in to my DOGS of the TSX theory. If you’ll recall from a previous post, I adapted the DOGS of the Dow strategy to the – at that time – TSX100 Composite index, now the S&P/TSX 60. The Dogs of the Dow is a stock-picking strategy in which one buys the top 10 best yielding companies in the Dow Jones Industrial 30, in equal number, and re-balances annually.

In my application, I invested equal sums in 5 of the top six yielding companies on the TSX, re-balanced and re-invested dividends annually, on the anniversary.

It was based on the performance of this method that I chose an early retirement.