Comments on: Networth Review for January 2007 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/ A site to share my tips, tools, and humble thoughts on the journey to wealth Sun, 02 Oct 2011 19:26:45 +0000 hourly 1 http://wordpress.org/?v=abc By: Frugal http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2372 Frugal Mon, 05 Feb 2007 04:32:03 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2372 By the way, I do hold more cash than most people. And if you count the potential cash source from my home equity, it will be quite a lot of cash. I simply treat cash & my home equity as my "bond" investment. I don't believe in bonds. At least not now. By the way, I do hold more cash than most people. And if you count the potential cash source from my home equity, it will be quite a lot of cash.

I simply treat cash & my home equity as my “bond” investment. I don’t believe in bonds. At least not now.

]]> By: Frugal http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2371 Frugal Mon, 05 Feb 2007 04:24:12 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2371 Take 1/31/07 for example, my cash percentage is either 68573.87 / 501331.95 (total net worth) or 68573.87 / 323439.77 (everything except home/company). The above numbers have been scaled down, but you can get the exact percentage. I couldn't find enough different silver stocks to buy, so it's just about 1/4 of my total mining or PM holdings. Take 1/31/07 for example, my cash percentage is either 68573.87 / 501331.95 (total net worth) or 68573.87 / 323439.77 (everything except home/company). The above numbers have been scaled down, but you can get the exact percentage.

I couldn’t find enough different silver stocks to buy, so it’s just about 1/4 of my total mining or PM holdings.

]]> By: fin_indie http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2369 fin_indie Sun, 04 Feb 2007 17:28:00 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2369 From your networth page, it seems like you are not holding gold at this moment in favor of silver -- is that right? Also, you mention you went more into cash, but it's not clear from your networth page how much cash you are holding. Can you share the percentage? Thanks. From your networth page, it seems like you are not holding gold at this moment in favor of silver — is that right?
Also, you mention you went more into cash, but it’s not clear from your networth page how much cash you are holding. Can you share the percentage?

Thanks.

]]> By: Dr. Michael Roberts http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2364 Dr. Michael Roberts Sun, 04 Feb 2007 05:32:39 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2364 You dont really have to diversify and here is why. Simply look for the worst performing I-Share for 2006 (which was healthcare - IYH). Then cherrypick from that particular I-share and come up with a list of solid companies that make sense both in a technical and fundamental sense. The IYH was only up 6% for the entire year last year. However, it seems to be on a tear this year and already up 3.88% YTD. www.marketbarometer.blogspot.com You dont really have to diversify and here is why. Simply look for the worst performing I-Share for 2006 (which was healthcare – IYH). Then cherrypick from that particular I-share and come up with a list of solid companies that make sense both in a technical and fundamental sense.

The IYH was only up 6% for the entire year last year. However, it seems to be on a tear this year and already up 3.88% YTD.

http://www.marketbarometer.blogspot.com

]]> By: Frugal http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2363 Frugal Sat, 03 Feb 2007 16:43:07 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2363 You can cut & paste the article link into comment section. I do have exposures to most sectors, except I don't break everything out, nor it's equal weight. I don't have foreign bonds, foreign real estate, and timber (although I used to own some timber). I go short occasionally, so I don't invest in market-neutral equity. The rest I do own thru my leveraged net worth. You can cut & paste the article link into comment section.

I do have exposures to most sectors, except I don’t break everything out, nor it’s equal weight. I don’t have foreign bonds, foreign real estate, and timber (although I used to own some timber). I go short occasionally, so I don’t invest in market-neutral equity.

The rest I do own thru my leveraged net worth.

]]> By: JP http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2362 JP Sat, 03 Feb 2007 12:48:03 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2362 Frugal, I really enjoy your site and keep up the good work. Have you considered becoming a bit more diversified? I keep pretty current on the latest research on portfolio construction and you may want to consider adding additional asset classes to your portfolio. In fact, I just read an article about the value of an equal weight allocation to the following asset classes: - US stocks - Developed foreign stock - emerging foreign stocks - commodities - US bonds - Foreign bonds - Timber - US real estate - foreign real estate - market-neutral equity (long/short or arbitrage fund) A 10% allocation to each of these provides a 7+% real return and significantly reduces variability (std dev). Email me if you would like a copy of the article. Regards, JP Frugal,

I really enjoy your site and keep up the good work.

Have you considered becoming a bit more diversified? I keep pretty current on the latest research on portfolio construction and you may want to consider adding additional asset classes to your portfolio. In fact, I just read an article about the value of an equal weight allocation to the following asset classes:

- US stocks
- Developed foreign stock
- emerging foreign stocks
- commodities
- US bonds
- Foreign bonds
- Timber
- US real estate
- foreign real estate
- market-neutral equity (long/short or arbitrage fund)

A 10% allocation to each of these provides a 7+% real return and significantly reduces variability (std dev). Email me if you would like a copy of the article.

Regards,

JP

]]> By: Frugal http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2361 Frugal Sat, 03 Feb 2007 06:54:40 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2361 Srini, I always use local comp (both listings & actual sold price whenever available) to value my home. Zillow.com is always overvalued. David, Just check out My Networth page on the top. It's updated daily, and tell you exactly my portfolio composition. You can check it everyday if you like. Most of my moves are 1% or less of my net worth, so I don't even bother writing a post on it. Over time, such moves may accumulate. But I don't usually have lots of trades anyway. Srini,
I always use local comp (both listings & actual sold price whenever available) to value my home. Zillow.com is always overvalued.

David,
Just check out My Networth page on the top. It’s updated daily, and tell you exactly my portfolio composition. You can check it everyday if you like. Most of my moves are 1% or less of my net worth, so I don’t even bother writing a post on it. Over time, such moves may accumulate. But I don’t usually have lots of trades anyway.

]]> By: David http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2360 David Fri, 02 Feb 2007 22:36:48 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2360 Hi, Frugal, Your blog has become my daily must read list. Really enjoyed your and other's writting on this site. Do you still hold a lot energy related stocks/funds? David Hi, Frugal,
Your blog has become my daily must read list. Really enjoyed your and other’s writting on this site. Do you still hold a lot energy related stocks/funds?

David

]]> By: Srini http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/comment-page-1/#comment-2359 Srini Fri, 02 Feb 2007 21:11:52 +0000 http://www.1stMillionAt33.com/2007/02/networth-review-for-january-2007/#comment-2359 Hello frugal, Thanks again for your wonderful blog. Got a quick question about house value when you compute your networth. What is the basis of your home's current worth? (zillow.com or local comparable house sales?) Thanks, Hello frugal,

Thanks again for your wonderful blog. Got a quick question about house value when you compute your networth. What is the basis of your home’s current worth? (zillow.com or local comparable house sales?)

Thanks,

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