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May 2008 Archives

Don't slave over it -- or agonize

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I haven't touched my Round One portfolio (or even looked at it) since the last day of the competition in December. Today, it's valued at $1,182,885 and still compliant with all the SLO rules. That would make it second place in the current competition, were it active.

I point this out because I believe a lot of people put way too much effort into investing. And lots of other people feel investing is so complicated and difficult that they can't possibly do it themselves. As a result, they either pay huge fees to professionals (who rarely serve their interests) or put their money in CDs, bonds and money market funds that barely (or rarely) keep pace with the rate of inflation.

I'm not a stock picker. I am responsible for investing the funds of three generations of my family which makes me careful. And I use a system that has served me and my family well, and is proving itself in the SLO competition:

May3008portfolioresults.png

In my next post I'll tell you what my portfolio is invested in and the minimal rebalancing I did to it after 5 months of total neglect.