Below you will find pages that utilize the taxonomy term “Mutual Funds”
Hindsight is always 20⁄20 and today I want to review a BIG mistake I made to a long position in XLV. This is a mea culpa post that further reinforces my belief in passive investing. In some ways, these ‘where are they now’ posts are very enlightening and you can only do this if you’ve been blogging for as long as I have.
Back in 2007 In May of 2007 I posted about going long in XLV sometime in January 2007 for a price of about $34 a share.
Somewhere between 2010 and and 2011 I stopped Forex Trading and stopped stock picking. It was just too much stress and felt very futile. Reviewing the market on a daily basis was exhausting and I even abandoned market timing with my models (the main gensis for this blog)! I took the “less is more” approach after I read A Random Walk Down Wall Street and realized that if you invest for the long term, you win.
No changes to my portfolio. I am looking to add some long term stocks or ETF's in the next few months.
My wife owns Dodge & Cox’s Stock Fund (DODGX) and its been a great performer for her account. I just wish they offered it in my 401K! Despite the nice trending chart below, DODGX is not without its risks.
I ran a quick Monte Carlo simulation and discovered quite a few nasty negative return outcomes for DODGX. In fact there’s 0.04% chance for a nasty -51% rate of return over the past 10 years.