Ask HN: How did you do on your investment this year?
Mid this year, I started trading forex with 5k.Just exited my last trade for the year (b/c bank holidays), turns out I made 1.5k.
Friend is -3k with 12k account size stock investing (thanks to fb & nvidia)
How did you guys do this year? stocks, ipo, forex, real estate...etc? Curious as to what you guys invest & how?
9 comments
[ 3.2 ms ] story [ 33.6 ms ] threadThis is a long term play, I suspect I'm a bit down right now but I deliberately don't look at it often :)
I stay away from individual stocks.
YTD result is roughly -5% on paper, before tax. Current allocation is about 40% stocks, 22% bonds, 3% reit, 35% cash. Ignoring the cash, YTD result is about -8%.
I sold ~ 1/4 of stock portfolio in January and moved moved the resulting cash into bonds or saving accounts. At the start of this year I believed that US equities were over-valued compared to their historical valuation, I still believe they are. The current large allocation to cash is to give flexibility (to e.g. buy cheap stock or for a down payment on a house) in scenarios where there is a large drop in stock market prices and I need to avoid selling any stock for 5-10+ years until prices rise.
Some interesting reading for stock market valuation:
https://www.starcapital.de/fileadmin/user_upload/files/publi...
http://www.philosophicaleconomics.com/2018/01/future-u-s-equ...
My money is distributed in stocks, index funds, cash, some options(puts) and a friends solid real estate loan fund.
I'm planning on holding everything long term so I'm not terribly troubled by it.