Cutting Through the Noise
February 1, 2012
We last spoke with Bruce in September, when he acted on our counsel to trim his weighting in bonds and add to equities. Bruce and Courtney’s portfolio rose roughly 2% in 2011 (its aggregate value at year-end was approx. 346,500). While Bruce isn’t popping any champagne, he realizes that their portfolio fared quite well considering its bias towards equities (which had a weak year). At the end of December, their asset mix was...
Read More 0 CommentsSeptember 1, 2011
Last month we introduced Bruce, a forty-something investor with a balanced portfolio (tilted towards equities). Bruce spent the last three weeks of August on vacation and tuned out the noise in the markets as best he could. The single malt helped. While catching up on his reading this week, however, he came across two pieces by Tom which encouraged him to make an adjustment to his portfolio (What Now? Part II and When Fear Rules the Market, it's Time to...
Read More 0 CommentsAugust 4, 2011
Meet Bruce. He shares several traits of investors who we deal with every day. In many ways, he is representative of a typical Steadyhand client. In this blog series, we’ll follow his investing journey and provide periodic updates on the decisions and challenges he faces. Bruce is a married forty-something software engineer with two pre-teen kids. His wife, Courtney, works part-time in marketing and the couple makes a combined annual income of approx. $180,000. They own a house in North Vancouver worth roughly $750,000 ...
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