Ask HN: How did you do on your investment this year?
Friend is -3k with 12k account size stock investing (thanks to fb & nvidia)
How did you guys do this year? stocks, ipo, forex, real estate...etc? Curious as to what you guys invest & how?
Friend is -3k with 12k account size stock investing (thanks to fb & nvidia)
How did you guys do this year? stocks, ipo, forex, real estate...etc? Curious as to what you guys invest & how?
YTD result is roughly -5% on paper, before tax. Current allocation is about 40% stocks, 22% bonds, 3% reit, 35% cash. Ignoring the cash, YTD result is about -8%.
I sold ~ 1/4 of stock portfolio in January and moved moved the resulting cash into bonds or saving accounts. At the start of this year I believed that US equities were over-valued compared to their historical valuation, I still believe they are. The current large allocation to cash is to give flexibility (to e.g. buy cheap stock or for a down payment on a house) in scenarios where there is a large drop in stock market prices and I need to avoid selling any stock for 5-10+ years until prices rise.
Some interesting reading for stock market valuation:
https://www.starcapital.de/fileadmin/user_upload/files/publi...
http://www.philosophicaleconomics.com/2018/01/future-u-s-equ...
This is a long term play, I suspect I'm a bit down right now but I deliberately don't look at it often :)
I stay away from individual stocks.
I'm planning on holding everything long term so I'm not terribly troubled by it.
My money is distributed in stocks, index funds, cash, some options(puts) and a friends solid real estate loan fund.