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Frequent Contributor

Re: 2020 Challenge - Participants


@chang wrote:
CYTK - $500k
DVAX - $500k

Posted 01-01-2020 at 3.30 PM, 11th post on this thread. If I’m not following the required format, @RichinKansas would you please advise. 

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Re: 2020 Challenge - Participants


@RichinKansas wrote:

At the end of each month I will ask all participants to post their current portfolio and balance so others in the group may learn from your progress (or lack there of). I will post current standings by the 5th of each month or as soon as I receive all results.

Rich

 


Why don't you follow the simple monthly reporting requirement as outlined above, @chang, and Rich will probably have no problem including you in his monthly listing.

As you know, @RichinKansas  runs the 2020 Challenge.

That your "2-stock B&H portfolio is outperforming everyone else’s" is beside the point.

Good luck,

Fred

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Re: 2020 Challenge - Participants


@chang wrote:

@fred495 wrote:

@RichinKansas wrote:

Well MK has surged to the lead. Can he hold it? Does he have a target on his back?

As usual the image can be selected and will enlarge. A good June to everyone.

2020 challenge - official - May 29.jpg

Rich


@chang wrote:

I think I’m ahead of all these guys. I should be around $1.75 million. CYTK up 99%, DVAX up 25% YTD.

I started with $500k in each stock, and have made no changes. 

CYTK up 129%, DVAX up 28% YTD. I will hold these from 1/1 - 12/31 with no changes.

See you on 12/31.

 

Sorry, chang, but I don't understand why you are posting on this thread. You are obviously not a participant in the 2020 Challenge according to Rich's latest monthly listing (see above).

What is the purpose of your post? Either you follow the rules of this Challenge as outlined by Rich, or maybe you should consider starting your own contest on another thread.

At this point, "See you on 12/31" is wishful thinking, nobody cares unless you play by the same rules as everyone else.

Fred


See my post on Page 1 of this thread, on Jan. 1, 2020. What rules did I break? Is it not allowed to buy a portfolio on 1/1 and hold it all year long? If so, my apologies. I did not intend to do any trading: I set my portfolio on 1/1 to last 365 days.

My 2-stock B&H portfolio is outperforming everyone else’s. Sorry about that @fred495.


Chang, I am not going to bother looking up the conversation as it is not worth the time. Bu if I remember correctly at the end of January you refused to report your totals and thought you could report your total whenever you wanted.  I would have accepted you in this game and reported your totals at anytime you chose to do that simple thing. But your simple school boy antics of late I will not. Perhaps if the group decides otherwise and someone else wishes to report scores you might get in. But your "I'm better than all you guys" attitude I don't care for. You didn't see MK make such a post when he took the lead at the end of last month and no one else has either. As far as I am concerned you can take your testosterone somewhere else.

Rich

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Re: 2020 Challenge - Participants


@RichinKansas wrote:

@chang wrote:

@fred495 wrote:

@RichinKansas wrote:

Well MK has surged to the lead. Can he hold it? Does he have a target on his back?

As usual the image can be selected and will enlarge. A good June to everyone.

2020 challenge - official - May 29.jpg

Rich


@chang wrote:

I think I’m ahead of all these guys. I should be around $1.75 million. CYTK up 99%, DVAX up 25% YTD.

I started with $500k in each stock, and have made no changes. 

CYTK up 129%, DVAX up 28% YTD. I will hold these from 1/1 - 12/31 with no changes.

See you on 12/31.

 

Sorry, chang, but I don't understand why you are posting on this thread. You are obviously not a participant in the 2020 Challenge according to Rich's latest monthly listing (see above).

What is the purpose of your post? Either you follow the rules of this Challenge as outlined by Rich, or maybe you should consider starting your own contest on another thread.

At this point, "See you on 12/31" is wishful thinking, nobody cares unless you play by the same rules as everyone else.

Fred


See my post on Page 1 of this thread, on Jan. 1, 2020. What rules did I break? Is it not allowed to buy a portfolio on 1/1 and hold it all year long? If so, my apologies. I did not intend to do any trading: I set my portfolio on 1/1 to last 365 days.

My 2-stock B&H portfolio is outperforming everyone else’s. Sorry about that @fred495.


Chang, I am not going to bother looking up the conversation as it is not worth the time. Bu if I remember correctly at the end of January you refused to report your totals and thought you could report your total whenever you wanted.  I would have accepted you in this game and reported your totals at anytime you chose to do that simple thing. But your simple school boy antics of late I will not. Perhaps if the group decides otherwise and someone else wishes to report scores you might get in. But your "I'm better than all you guys" attitude I don't care for. You didn't see MK make such a post when he took the lead at the end of last month and no one else has either. As far as I am concerned you can take your testosterone somewhere else.

Rich


WTF? “Refused”? Good grief. You definitely don’t remember correctly.

No problem guys, enjoy the game.

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Re: 2020 Challenge - Participants

At today's close, sell all of FSHOX and move $100,000 to FSPTX and the remainder to FOCPX

Jim

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Re: 2020 Challenge - Participants

This is to Chang.

To participate in this forum, one of the rules is that you report your portfolio and its result (funds, shares, balance) at end of each month. As a frequent contributor like you (especially in Buy-Sell-Hold thread), you should have had enough time to report your portfolio summary at least once a month, unless you have been sick for the first four-five months of this year. Please read the opening post of this thread again. I am sure there will be another thread like this next year and you may consider participating then. In the meantime, you could utilize the Buy-Sell-Hold thread to report your trade on those biotech/tech ETFs. KM

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Re: 2020 Challenge - Participants

06/30/20   
FundPriceShrsTotal
IRA   
FBSOX$78.531490.922$117,082.08
FSCSX$22.796911.407$157,510.97
FSMEX$61.61894.361$55,101.55
FSRPX$18.692626.641$49,091.92
FSPTX$23.097730.426$178,495.53
FSPHX$30.131788.444$53,885.83
FOCPX$14.488452.540$122,392.78
    
Taxable   
FNCMX$126.731664.039$210,883.69
    
FBGRX$128.121312.165$168,114.58
cash00$0.00
Total----------$1,112,558.93
YTD  11.26%
MTD  5.53%

 

Rich

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Re: 2020 Challenge - Participants

NameTickerPriceSharesValue
Default CashCASH$$1.00218,500.21$218,500.21
PIMCO Enhanced Short Maturity Active ETFMINT$101.691,496.82$152,211.63
iShares 20+ Year Treasury Bond ETFTLT$163.93935.49$153,354.88
PIMCO 15+ Year US TIPS ETFLTPZ$83.33678.85$56,568.57
Invesco DB Base MetalsDBB$13.611,357.27$18,472.44
iShares Gold TrustIAU$16.996,276.00$106,629.24
Dollar General CorpDG$190.51294.23$56,053.76
Equinix IncEQIX$702.3078.65$55,235.90
Vanguard ESG US Stock ETFESGV$56.391,209.62$68,210.47
Northrop Grumman CorpNOC$307.44134.05$41,212.33
T-Mobile US IncTMUS$104.15584.00$60,823.60
Invesco QQQ TrustQQQ$247.60183.70$45,484.12
The Golden Boris   $1,032,757.14
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Re: 2020 Challenge - Participants

Some of you may have noticed that I didn't trade at all in June. I used to watch 1-min and 10-min charts (Stockcharts.com), kept me quite busy and within the same day or in couple of days I had to do sell-then-buyback. I now watch mostly daily charts with  various EMA/MA and EMA/EMA crossings in addition to weekly and monthly charts. Had I used those daily charts, I wouldn't had traded at all since/from sometime in April. Those ETFs I trade moved down 10-15% within a day a number of times in the past four months. So, I am going to experiment more "robust" trading schemes on 3X ETFs during the rest of this year.

Now going back to the main topic, my June end Challenge portfolio consists of 15,847 TQQQ (@97.65, Fidelity reported price) = 1,550,096.10 and cash = 41.45. The balance is 1,550,137.55. KM

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Re: 2020 Challenge - Participants

End of May results.  Much improvement.

Name

Ticker

Shares

Price

Value

Select Technology

FSPTX10,461.4223.09241,554.26

Select IT Services

FBSOX

2677.01

78.53

 

210,225.67

OTC Portfolio

FOCPX

15,637.217

14.48

 

226,426.90

Select Semi-conductors

FSELX

17,131.76

12.21

209,178.75

Construction and Housing

FSHOX

3415.38

57.68

196,999.00

Total

 

 

 

1,084,384.59

 

Four of the five are positive for the year and all are ahead of the market. The hot hands strategy seems to be working.

From the sale of FSHOX I will add 4330.879 shares ($100,000) of FSPTX and 6,698.826 shares ($96,999) of FOCPX

Jim

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Re: 2020 Challenge - Participants

6/30/2020|

SDSCX- 11211.39 Shares @31.14=  349,122.75

ACFOX-  8507.55     "       @ 39.74=  338,090.04

PXSGX-  4852.01    "        @ 45.47 =  220,621.08

FAGCX -  1,037.01  "        @117.30 = 121,640.80 

BCSIX-     900         "        @114.26 =  102,834.00

                                        Total--------1,132,308.66 

Regards,Ron

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Re: 2020 Challenge - Participants

Chap's monthly report for July:

AssetShares$/shrSubtotal
SOXL2100188.21395241
SPHQ1116735.41395423.47
Cash   $7,761.53
Totals  798,426

 

 

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Re: 2020 Challenge - Participants

As of 6/30/2020, my conservative "Retirement Portfolio" has a balance of $1,050,107.36 or a YTD total return of 5.01%.

The portfolio holdings are as follows:

ANBEX                $425,068.06             40.5%

SCCIX                    412,778.88             39.3

TSIIX                     212,260.42             20.2

Total                 $1,050,107.36           100.0%                   

Fred

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Explorer ○○

Re: 2020 Challenge - Participants

1 July 2020

portfolio summary

  7,000 shares of SGGDX         $172,760

10,000                 SGOL            $171,400

20,000                 FUAMX        $240,800

10,000                 FUMBX        $108,900

  8,000                 GAVAX         $115,920

cash.                    FDLXX         $233,751.75 

total                                      $1,043,531.75

John

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Re: 2020 Challenge - Participants

Congratulations again to MK. DB has not posted. If I did it right he has not posted anywhere on the board since 3/31. I hope he is on a long Mediterranean cruise.

I noticed I missed distributions for our standard bearers, VWELX, VWINX and VFINX from March/June. I think I missed them last year too. Anyhow I think I have them correct now.

Click in the image to enlarge.

2020 challenge - official - June 30.jpg

Rich

 

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Re: 2020 Challenge - Participants


@fred495 wrote:

Sorry, chang, but I don't understand why you are posting on this thread. You are obviously not a participant in the 2020 Challenge according to Rich's latest monthly listing (see above).

What is the purpose of your post? Either you follow the rules of this Challenge as outlined by Rich, or maybe you should consider starting your own contest on another thread.

At this point, "See you on 12/31" is wishful thinking, nobody cares unless you play by the same rules as everyone else.

Fred


Fred,

I moderated the Challenge for several years. 

Chang posted his trades in very early January, in real time.  Posting trades in real time is the central requirement of the Challenge.  Reporting is secondary.

Surely it's of interest that a participant can start a year like 2020 and do well without trading?  Who cares whether he reported his account balances every month?  Of far greater educational value would be to understand WHY he picked the funds he did on January 1st!

N.

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Re: 2020 Challenge - Participants


@RichinKansas wrote:

@chang wrote:


See my post on Page 1 of this thread, on Jan. 1, 2020. What rules did I break? Is it not allowed to buy a portfolio on 1/1 and hold it all year long? If so, my apologies. I did not intend to do any trading: I set my portfolio on 1/1 to last 365 days.

My 2-stock B&H portfolio is outperforming everyone else’s. Sorry about that @fred495.


Chang, I am not going to bother looking up the conversation as it is not worth the time. Bu if I remember correctly at the end of January you refused to report your totals and thought you could report your total whenever you wanted.  I would have accepted you in this game and reported your totals at anytime you chose to do that simple thing. But your simple school boy antics of late I will not. Perhaps if the group decides otherwise and someone else wishes to report scores you might get in. But your "I'm better than all you guys" attitude I don't care for. You didn't see MK make such a post when he took the lead at the end of last month and no one else has either. As far as I am concerned you can take your testosterone somewhere else.

Rich


 

@norbertc, you may have missed the above conversation between the current moderator of the 2020 Challenge, @RichinKansas, and @chang.

The monthly reporting requirement was clearly stated at the beginning of the contest. I think it is also of considerable educational value to see how a participant's portfolio performs during the ups and downs of the market throughout the year. Sorry, but I don't see it as a "secondary" requirement.

Chang is a very active and prolific poster on the M* forum, and reporting his monthly totals shouldn't be that much of an extra burden on his time. I really don't understand why he doesn't want to play by the same rules as everybody else.

Fred

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Re: 2020 Challenge - Participants

 

Some old-timers on this thread would be interested in the following.  Is it a shout-out for buy and holders!?

In mid 2008, (smack in the bear market), Norbert and I started the first M* investment challenge, titled:   R48, Norbert & Chinwhisker's Investment Challenge.  We each entered a starting dollar amount portfolio, that all buys/sells would be kept REAL TIME and posted, scored by M* on its portfolio manager platform.  It ran for about three years, then participation fell off.

My entry was a $400,000 Early Retiree portfolio.  Most of the holdings mirrored my own portfolio.  However, I kept bonds in short term bond funds, as this was a demonstration of our individual stock fund investing style.  Pyramid Up investing was my feature.  Yield was close to 3%.  After the contest ended in three years, I stopped managing it; but kept it on the M* Portfolio Platform.  Thus buy-and-hold (divy's reinvested) since about 2010.

Today I notice Morningstar records a portfolio value of: 

$1,045,949.46
 

 

Yield: 2.19%...Expense ratio: 0.61

Can't compare to my actual personal portfolio, as I make annual withdrawals (RMDs) from which to live on.  But it is an interesting example of a diversified fund/ETF selection (no individual stocks), and buy and hold for last decade.

Glad I have held Wellington Fund since 1953!

BTW, my YOUNG AGGRESSIVE INVESTOR PORTFOLIO (2008), started with $40,000, now sits, per Morningstar, at: $123,603.16.  This kid is gonna retire early!

Disclosure...I am not a buy and hold investor.

Good day.

R48

 

 

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Re: 2020 Challenge - Participants


@retiredat48 wrote:

Some old-timers on this thread would be interested in the following.  Is it a shout-out for buy and holders!?

In mid 2008, (smack in the bear market), Norbert and I started the first M* investment challenge, [...]

My entry was a $400,000 Early Retiree portfolio. [...]

Today I notice Morningstar records a portfolio value of: 

$1,045,949.46
 

 

Can't compare to my actual personal portfolio, as I make annual withdrawals (RMDs) from which to live on.  But it is an interesting example of a diversified fund/ETF selection (no individual stocks), and buy and hold for last decade. [...]

Disclosure...I am not a buy and hold investor.

Good day.

R48

 


@retiredat48: I frankly don't understand your post's relevance to the subject of this thread: The 2020 Challenge - Participants.

You ask at the beginning: "Is it a shout-out for buy and holders!?" and conclude your post with "I am not a buy and hold investor." OK, but how is your ten year performance data helpful to an old-time participant of this annual challenge?

 I know you are not a participant, but are you perhaps trying to suggest that participants consider using a buy and hold approach as a more successful strategy to do well in this annual contest? 

Help, what am I missing?

Fred

 

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Re: 2020 Challenge - Participants

Sold all shares of TSIIX @ $11.99 per share and used the proceeds to purchase 7,240.127 shares of GIBLX @ $29.44 per share.

Fred

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