Retirement Nestegg Report – October 2012

Retirement Nestegg Report – October 2012

Well this month was a rough one and my investment performance trailed the SP500 and my individual stocks got crushed by the market this month. Many of my large holding had rough earnings seasons and this greatly affected my performance this month. The good news is this is just a one month event and does not change my long-term outlook on my investing philosophy or any of my investments. In fact quite a bit this year and even more so this last month I have been concentrating my individual stock investments into fewer and fewer stocks and putting more and more money into what I consider my best ideas. I still own 39 individual stocks and even my largest holdings account for less than 5% of my total retirement nestegg so I do not think I am taking on any additional risk I just feel like after being in the stock market for 5-6 years now and having gone through a pretty good recession I feel much more comfortable in my allocation decisions – I guess only time will tell.

Traditional Rollover IRA – $15,368.72 (-6.23%)
My Roth IRA – $53,946.83(-5.50%)
Wife Roth IRA – $29,301.05 (-3.47%)
Traditional 401k – $116,549.06 (+0.05%)

Roth/Traditional % = 39.69% (tax free)

Total Retirement Nest Egg $215,165.66 (-2.35%)

Monthly Contributions $715.28 (401k) $500 (Wife Roth IRA)
SPY Performance -1.91%
My Monthly Investment Performance -2.90% (-0.99%)
My Monthly Individual Stocks Performance -5.03% (-3.12%)