A Complete Waste of Space

Are you taking a hit, Slick?
I just had a look at our largest portfolio and our gains are down ever since Britain decided to go full stupid.

up a hundred grand last month. Haven't gotten this month's yet. What is dragging your portfolio down? Mine is pretty balanced, but I am doing fine with US banks, telecommunications, and US-centered stocks. Damn that Obama!

callmeslick wrote:up a hundred grand last month.

Well, I guess you're buying the seafood!

it's been a good year for the portfolio. Up in 5 of 7 months. Around 12 percent up for the year, with a conservative mix. I don't see much Brexit effect, although the immediate month afterwards was down about 40 grand. It's recovered those losses by now, and then some. America, feck yeah!

Liar liar pants on fire.

I got to thinking, always dangerous, Res: You probably might be seeing the immediate effects. My portfolio is reported by the managers at the end of every month. Looking back, there was a drop of 64K the month Brexit happened, followed by the rebound month, so perhaps you haven't seen the rebound, yet. Overall, I am up a bit over pre-Brexit, but the graph for the year shows a big trough right around the Brexit vote.

oh, and yes, I will gladly buy the seafood, but before you all get really carried away, bear in mind that much of the gains/losses above are still within my late father's estate, so I have a tax bill for this good year coming, as dispersal of estate to me is a cap gain.

callmeslick wrote:I got to thinking, always dangerous, Res: You probably might be seeing the immediate effects. My portfolio is reported by the managers at the end of every month. Looking back, there was a drop of 64K the month Brexit happened, followed by the rebound month, so perhaps you haven't seen the rebound, yet. Overall, I am up a bit over pre-Brexit, but the graph for the year shows a big trough right around the Brexit vote.

That's a very good point. I'll look into that tonight.