A sort of good week, a good week. The sum of all the deviations has been -155, -493, and now -213 – not up 2 weeks in a row.
The number of funds I rate as a buy over the last 3 weeks has been 00, 01, and now 02.
Fidelity sent out an email on year end tax moves. https://www.fidelity.com/viewpoints/personal-finance/2018-year-end-tax-plans-to-catch-up-on?
I had a discussion on selling vs holding when the market falls. His point was it will come back. My point was that 1. I do not want to lose more money, and 2. bear market math. Bear market math can be illustrated by looking at Caterpillar Inc. (CAT). In January CAT was trading at 158. In October it was trading at 112. That represents a 33% drop in price. In order to get back to 168 from 112, CAT has to make a 50% gain. Not a lot of 50% gains. A year ago General Electric Company (GE) was selling at 20. Now it is at 10. To get back to 20 from 10 GE has to go up 100%. Not a lot of 100% gains.
IRA#1
None
IRA#2
None
My mutual fund portfolio changes this weekend:
IRA #1 – None
IRA #2 – None
My mutual fund portfolio market exposure after this weekend’s changes:
IRA #1 – 00% invested
IRA #2 – 00% invested
The top 20 (out of 100+ I follow) Fidelity funds (percent deviation, rank & weeks on top 20 list, fund symbol, fund price, fund name, and %dev increasing last 2 weeks).
This week:
5.79 01-21 FSHCX 102.32 SHealthCareServices
5.22 02-04 FLATX 22.45 LatinAmerica Yes
2.88 03-05 FSUTX 87.88 SUtilities
2.87 04-05 FSTCX 58.94 STelecommunications
2.76 05-04 FBMPX 78.11 SMultimedia
2.70 06-04 FIUIX 26.93 TelecomandUtilities
1.91 07-03 FDFAX 81.12 SConsumerStaples
1.76 08-01 FSDCX 38.11 SCommunicationsEquipment
1.73 09-04 FRIFX 11.68 RealEstateIncome
1.64 10-15 FSMEX 51.49 SMedicalTechnologyandDevices
1.36 11-21 FSPHX 25.14 SHealthCare
1.28 12-04 FCONX 10.03 ConservativeIncomeBond
1.02 13-01 FSRPX 15.20 SRetailing
0.68 14-03 FPHAX 20.45 SPharmaceuticals
0.66 15-04 FWRLX 10.27 SWireless
0.52 16-03 FDGFX 28.43 DividendGrowth
0.51 17-02 FRXIX 15.04 RealEstateIndex – Inv
0.47 18-03 FEXPX 20.08 Export&Multinational
0.36 19-01 FEMEX 9.20 EmergingEuropeMiddleEastAfrica(EMEA)
0.08 20-04 FGRTX 16.18 MegaCapStock
Last Week
5.08 01-03 FLATX 22.36 LatinAmerica
3.77 02-20 FSHCX 100.06 SHealthCareServices
2.45 03-04 FSUTX 87.38 SUtilities
1.56 04-03 FRIFX 11.65 RealEstateIncome
1.34 05-03 FCONX 10.03 ConservativeIncomeBond
0.63 06-03 FIUIX 26.35 TelecomandUtilities
0.44 07-01 FRXIX 15.03 RealEstateIndex – Inv
-0.51 08-02 FDFAX 79.11 SConsumerStaples
-0.81 09-01 FRESX 40.37 RealEstateInvestment
-1.10 10-14 FSMEX 50.06 SMedicalTechnologyandDevices
-1.17 11-03 FBMPX 75.01 SMultimedia
-1.35 12-04 FSTCX 56.44 STelecommunications
-1.43 13-42 FBSOX 60.22 SITServices
-1.56 14-29 FTQGX 24.97 FocusedStock
-1.79 15-02 FPHAX 19.94 SPharmaceuticals
-1.87 16-20 FSPHX 24.32 SHealthCare
-1.95 17-03 FWRLX 10.00 SWireless
-2.01 18-03 FGRTX 15.84 MegaCapStock
-2.07 19-02 FDGFX 27.69 DividendGrowth
-2.16 20-02 FEXPX 19.55 Export&Multinational
IRA#1 is currently invested in:
100% – Cash(15Oct18) from SRetailing(FSRPX)(16Jul18)
Sep18 1m+1% 3m+6% 6m+6% 12m+12% 24m+23% 36m+51% 60m+50% 120m+10%
Aug18 1m+6% 3m+1% 6m+4% 12m+12% 24m+22% 36m+49% 60m+57% 120m+9%
Average annual return since 1/82 12%
IRA#2 is currently invested in:
20% – Cash(29Oct18) from STransportation(FSRFX)(24Sep18)
20% – Cash(15Oct18) from SMedicalTechnologyandDevices(FSMEX)(04Sep18)
20% – Cash(15Oct18) from SSoftware&ITServices(FSCSX)(16Jul18)
20% – Cash(15Oct18) from SRetailing(FSRPX)(16Jul18)
20% – Cash(15Oct18) from SITServices(FBSOX)(14May18)
Sep18 1m+1% 3m+5% 6m+5% 12m+8% 24m+18% 36m+26% 60m+27% 120m+46%
Aug18 1m+4% 3m+4% 6m+4% 12m+7% 24m+18% 36m+25% 60m+29% 120m+44%
Average annual return since 1/82 11%