June is just about over so I updated our portfolio spreadsheet today.
Year to date, we are up $29,687 which is about 2.23%. Back in April when everything was crashing, we were down a lot so there's been a nice recovery.
When you factor in new contributions, however, we are still down. We've invested $53,890 in new money so we're really down $24,203 when you count that.
Still, all things considered, that really isn't too bad. Plus, the market has been so outrageously volatile that our total can change by 10-20K in one day if the market has a big move up or down.
Hopefully, the second half of the year will bring some recovery to the economy.
Mid-year check in
June 27th, 2020 at 07:22 pm
June 27th, 2020 at 07:54 pm 1593287684
I know the market likes it when the Feds don't increase the interest rate, but we are getting little to nothing on Money Markets and we have a couple of CDs coming due this fall. We may have to park that money in Money Market and wait and hope CD rates go up some.
June 27th, 2020 at 08:04 pm 1593288281
As for the market, I think it was overly optimistic about things reopening. So many people thought reopening meant the pandemic was over, but that's not true at all. Reopening has been done for political and economic reasons, not because it was safe to do so, as we are now seeing. And many places have had to close again due to COVID cases. If everyone would just listen to the experts, this would be over much faster with far less suffering along the way but nobody wants to do that.
Still, hopefully by the 4th quarter and maybe later in the 3rd, things will be coming back online more fully.
June 27th, 2020 at 08:41 pm 1593290484
June 27th, 2020 at 11:51 pm 1593301919
I did make a few extra purchases back in April when things were crashing but that was with money already in the cash account in my Roth so it wasn't new money.