Gyroscopic Investing

WhiteDesert wrote: Fidelity tells me that IAU closed up 3.10% today.

According to my Morningstar tracker, the PP hit positive YTD territory today.

notsheigetz wrote:

WhiteDesert wrote: Fidelity tells me that IAU closed up 3.10% today.

According to my Morningstar tracker, the PP hit positive YTD territory today.

According to mine, it remains down a bit...-0.31%.  Assume the difference is which investment vehicles we're using.

Keep in mind these are shark invested waters.  I keep hearing

http://www.youtube.com/watch?v=ZvCI-gNK_y4

rickb wrote: Keep in mind these are shark invested waters.  I keep hearing

http://www.youtube.com/watch?v=ZvCI-gNK_y4

Perhaps a PP consisting of scuba tanks, WWII era rifles, undersea electric cables and hand grenades would be in order.



***

Seriously, though, the tortoise and the shark tend to leave one another alone.

[Cue "Eye of the Tiger"]

cnh wrote:

notsheigetz wrote:

WhiteDesert wrote: Fidelity tells me that IAU closed up 3.10% today.

According to my Morningstar tracker, the PP hit positive YTD territory today.

According to mine, it remains down a bit...-0.31%.  Assume the difference is which investment vehicles we're using.

Fidelity fails me on this front. It displays the change since purchase for each instrument, but it also incorporates transaction fees while doing so (thus, it tells me that my SHY is down 2.51%). Oh well.

MangoMan wrote: Idk why you think that is a 'failure'. Transaction fees, like expense ratios, should definitely be included in return figures.

You're right. I meant that it is difficult for me to determine, just using the information displayed in my account, where my PP is for the year. That was the part where I feel the account-provided information fails me. It probably wasn't clear given what I wrote.

WhiteDesert wrote:

cnh wrote:

notsheigetz wrote: According to my Morningstar tracker, the PP hit positive YTD territory today.

According to mine, it remains down a bit...-0.31%.  Assume the difference is which investment vehicles we're using.

Fidelity fails me on this front. It displays the change since purchase for each instrument, but it also incorporates transaction fees while doing so (thus, it tells me that my SHY is down 2.51%). Oh well.

I'm not sure why that is a fail. Your portfolio value is what you could get for it if you sold, which would include transaction fees.

Libertarian666 wrote:

WhiteDesert wrote:

cnh wrote: According to mine, it remains down a bit...-0.31%.  Assume the difference is which investment vehicles we're using.

Fidelity fails me on this front. It displays the change since purchase for each instrument, but it also incorporates transaction fees while doing so (thus, it tells me that my SHY is down 2.51%). Oh well.

I'm not sure why that is a fail. Your portfolio value is what you could get for it if you sold, which would include transaction fees.

I addressed this in a subsequent comment.

Everything is down today!!!  Ahh... The sky is falling!!!!

dragoncar wrote: Everything is down today!!!  Ahh... The sky is falling!!!!

And today.

VTI    -0.40%   
IAU    -1.76%   
TLT    -1.27%   
SHY    -0.05%   

A good day to remind ourselves that PP is a long-term strategy.

Only 3 out of 4 up today. What's wrong with this portfolio?

Ya'll are cray. I don't even have to (and don't) check except for once a month or so, since I have this thread to clue me in.

Everything is up after hours

(Yep I'm stepping up the game)

Kriegsspiel wrote: Ya'll are cray. I don't even have to (and don't) check except for once a month or so, since I have this thread to clue me in.

Is that the fish or the computer?