Here is my starting portfolio for 2016. In the last year I have added quite a few individual stocks as well as ETFs and Bonds. I foresee I will continue to add more stocks and bonds regardless of stock market performance to meet my passive income goal. On the first day of trading this year, I added VTI, VEU and BND to my portfolio (following some advice I read from some financial article). My strategy for this year is that, if we have a bear market, I will continue to buy ETFs whenever there is a 10% drop in the market. Not to fool myself or anyone else, I don’t have a very high risk tolerance, and I think it’s too risky to invest in individual stocks during a bear market.
I was young and naïve when the Tech Bubble burst in the early 2000’s where I went from a paper millionaire to a paper zero-ionnaire. Luckily in 2007, most of my money went into down payment on my home that I didn’t suffer such a great loss as before. Did I mention I don’t have a high risk tolerance? How many young people, or of any age, put 40+% as a down payment on their first home? When the stock market was booming a couple of years ago, I wished I had put more money in the stock market. With this current volatile market, it’s very comforting to know that a lot of my money is tie up to my home.
I am starting to see an increase in Muni Bond prices so I will invest less if the prices continue to go up. This year I will hold on to more cash and wait for the big stock market crash to invest. If no big crash, I will buy the maximum I-Bonds allowed and put the rest to pay down mortgage.
|Dividend Portfolio (01/08/2016)|
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