Saving log - $1 tip box
Spending log - $13 lunch
I looked at the totals of all of my accounts and compared them to the numbers that I ran on my net worth on 6/30/2008.
I've lost $25.7K since late June.
Today, my dividend stock portfolio, about 4% of my total net worth, is down about 16%. KO is still showing a profit - my average share cost of KO is $42, so it has to drop a bit more before I lose money. WEC is also showing the barest of profit (8$). In other words, both have "the margin of safety".
If KO gets down to $42, I think that's when I will buy more. The rest of the DRPs I will maintain the discipline and dollar cost average. Dip implies a drop and then a rise. Well, while I believe in the rise, it looks far, far away.
In May last year, I re-allocated my 403B holdings to (for me) a very conservative mix - 30% bond, 20% cash, 10% gov bonds, 40% stock. (I was 90% stock, 10% bond). I
The rest is cash and cash equivalents (T-bills, I-bonds). Most of grandma's inheritance is still in a cash money market in Vanguard. Vanguard is participating in the Treasury Guarantee program, so if it "breaks the buck", we'll all be standing around burn barrels to keep warm.
So far I've kept my nose above water and have done much, much better than many. I do want to explore getting out of the very conservative mix of my 403B (stocks are about to get cheap enough for buying on that margin of safety), but I want to do so in a thoughtful, calculated way. I plan on blogging my thoughts, calculations, and analysis. I've been giving advice to others about looking into what they have in mutual funds and making reasonable decisions based on that. Time to practice what I preach.