Monday, March 16, 2020

Key largo portfolio - March 16 2020

March 16, 2020

Introduction


It is tough decision to work on my own retirement portfolio. Considering the chaos of the whole world, I like to review my portfolio one day loss more than 7% again. I will carefully consider the situation of Chorona virus, and then reduce time to work on my investment.

Case study



Actionable items


I like to time the market, and take the loss of $1000 dollars on this key largo portfolio. I will sell half of BND, VEU, VOO, and put $8800 dollars into cash. And I will work on portfolio with VEU, VOO amount $5000 dollars in the equity, and use cash to hedge against the swings of the market.

After two days weekend study, I think that SPX may drop to 2000 or below the level of 2009. As long as I have cash reserved, I will continue to learn how to be a passive investor and enjoy the journey.

One of arguments is that bond BND is also volatile, and it is hard to take a 5% loss of BND and then hedge against 10% of VOO. It does not make sense.



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