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I've finally invested all the money I'd allocated (which was 1/2 of my inheritance).  Since March 21st, I've made over $600, with $100 of that just today.  Microsoft Money is projecting an annualized return of 61.9%!  Whoot!  Beats the crap out of bank rates!  That's not quite enough to pay for a house, but it's enough to pay most of my bills.

Only about 7% of my money is in stocks, 32% is in mutual funds, 11% in bond funds and 50% in a money market account.  The temptation is there to invest the money market money into mutual funds, which could result in some serious income, but that would be greatly increasing my risk exposure.



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Apr. 6th, 2007 01:50 pm (UTC)
If by mutual funds, you mean stock mutual funds then those should be included under stocks too. They are the same asset class. Two things I would suggest adding are precious metals and foreign stocks.
Apr. 7th, 2007 02:59 am (UTC)
I consider stock mutual funds to be a separate animal as they are (usually) less volatile than individual stocks.

About 11% of my money is invested in foreign mutuals funds, primarily Asian and European and with 2.5% in emerging markets.

I considered precious metals, but the brokerage I'm using doesn't appear to offer it, except through mutual funds and ETF's. The Excelsior Energy & Natural Resources Fund invests up to 35% of its funds in metals and mining, so I do have that. I also have a small cache of gold & silver coins and bullion which I inherited, possibly a few thousand dollars worth, but I don't really count them as "investments".

Unfortunately, my account is out of cash, I can't dip into my money market account without losing interest points (and doing so would greatly increase my risk level), and I can't sell any of my mutual funds for 30-90 days without incurring a 1-2% penalty, so I'm pretty much stuck with my current portfolio. So far, though, I'm pretty happy with it, other than Sirius and Sempra Energy, which have been sucking. I will probably end up selling them off if they ever break even again.
( 2 pieces of cheese — Leave some cheese )