Cash to Half

As of yesterday, cash is up to around 50% of the entire portfolio.

I know I mentioned on Monday that it was at around 30%. I’ve been eyeballing how strong the bounce from the bottom of the recent correction has been. I guess I’m not feeling as great about any sort of continued melt up. Upon reflection, I think I’ve been trading in and out for a little while because I don’t believe deep down the narrative that everything is rosy and the market will continue to march higher and higher.┬áSo I’ll sit in cash, earning about 0.9% interest and wait.

Stocks are expensive relative to history. The 10 year US Treasury continues to go up. I will be cautious. If I’m completely wrong, as I said 3 years ago, I will just index everything to the total stock market and forget about playing fund manager.

Only advice I have is to do as I say (index, DRIP, and forget) and not as I do (what I’ve just written about).

Market Correction February 2018

So I wrote this super long, rambling post exceeding 1000 words, listing all sorts of various trades and fairly esoteric math that only I would probably understand about opportunity cost gains and losses in the portfolio. I realized at the end of it, I didn’t really want to hit that publish button. So I think the compromise is to keep this as simple as possible.

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The Power of Asking: See Ya Later Bluehost, Hello BigScoots

I guess I was a little complacent. After renewing with Bluehost at the beginning of the year, a reader emailed and told me that I should ditch Bluehost for a different hosting provider. This was actually a solid idea, although complacency and sheer laziness had me not wanting to do anything further than renewing with Bluehost. I took a look around at one of the recommendations, BigScoots, and it honestly looked a million times better than Bluehost, and it was cheaper, and it allowed a 2 year contract.

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The Power of Asking: The Bluehost Renewal Saga Continues

I can’t believe it… how has 3 years gone by already? It honestly feels like it was just last year that I wrote about how to haggle for better hosting fees upon renewal… I guess I must have been in my 20s when I wrote about that, because I definitely am not in my 20s anymore. Yes, I know I wrote a little reminder to write more back in November and then proceeded to not, at all. 2018 is the year. It probably won’t be focused too much on finances. Anyways, that 3 years of hosting was up in a few days, so I decided to get in contact with good’ol Bluehost to see if you could still negotiate a better price than the sticker price. Come see the chat screenshots.

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Canada’s Real Estate Bubble

Google Trends Canada Filing Declaring Bankruptcy Real Estate Bubble

So I was perusing Google Trends recently and decided to plug in a few terms related to Canada’s real estate bubble and bankruptcy. Oh, hi. It’s been awhile. The nose is at 99% healed since the surgery in December – nose is great, life changing. The eyes are at around 95% healed since the laser eye surgery in March – eyes are great, life changing. Finished the pilot Valuation online certificate through NYU – spectacularly imploded and failed the final exam but redeemed myself on the valuation project to pass the program with high honours in the 60ish percentish final grade range. Since the course ended in May, I have had very little interest in any type of learning outside of casual reading. Time’s been filled with outdoor fun since June. Alright, with the little life update out of the way, let’s dive into some interesting data.

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Li Lu’s Foreword to Poor Charlie’s Almanack

First, the series on Valuation will fire back up shortly: I ended up going to NYC for 5 days last week and the wheels fell off the study wagon… meaning I fell rapidly behind on my actual homework in the Valuation course so I’ve been frantically trying to catch up, thus no update since the last post on the Risk Free Rate. I came across this English translation of the foreword to the Chinese version of Poor Charlie’s Almanack by Li Lu. You can find it on this link through the internet archives, but I thought I’d post it here in case it ends up disappearing. Everything below is a copy and paste from the original article. Enjoy!

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