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Home > October 2013 - A step towards the right direction, despite being a year late

October 2013 - A step towards the right direction, despite being a year late

November 10th, 2013 at 03:53 pm

Cash & Savings: $69,297 => $72,886 (5.22%)
Foreign Currency: $37,243 => $37,243 (0%)
Domestic Brokerage: $189,786 => $202,387 (6.64%)
International Brokerage: $200,551 => $223,572 (11.48%)
401(k): $109,337 => $111,267 (1.73%)
IRA: $39,390 => $40,735 (3.41%)
Roth IRA: $97,293 => $99,226 (1.99%)
Total Assets: $742,907 => $787,316 (5.98%)

There is a big jump in the internal markets last month that contributed to the most gain of my portfolio. By end of October domestic market has also imporved due to the temporary ending of federal government shutdown. Cash wise there's also a 5% jump but that increase will quickly disappear in November because it's mostly just travel expense reimbursment from my company.

The best thing I did this month was spending 2.5 hrs on a week day night while I was on the road to re-balance my 401K portfolio. Back in 2009 when the financial crisis unfold and other subsequent events made me lost faith to major financial institutions and as a result I decided to contribute only to money market fund and a bond fund called Daleware Diversified Income Fund in my 401k account. I didn't sell anything in panic, which is debatable, and I keep contributing to other accounts.

That move stopped the bleeding but by mid last year I knew I need to adjust my contribution, not because I have regained my faith in major financial institutions but because bond fund itself is not as appearling as it used to be. I had it on my to-do list for about a year and finally spent the time to review everything and re-balanced it. There's still a lot of work to do because I only adjusted my contribution % and moved some money out of money market and bond fund but still has a lot in those two. With me spending more time at home starting this week I'm hoping I can finally review/adjust my portfolio, not just 401k, but also other accounts.

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