Wave Chasing

and what a total suckass quarter it was. Various and sundry trading & investment accounts down 3.22%, for an annualized return of -12.88%. Um, not so hot.

At Q4 will be starting off with 2.66% of dividends waiting to hit.

Q/Flat %/Annualized:

Q1: +.62%, 2.48%
Q2: +7.03%, 28.13%
Q3: -3.22%, -12.88%
Q4TD: 2.66%, 10.65%

YTD: 7.33%, 9.77% – Not quite beating the street, but close – the next quarter will change that.

For Comparison – SPY (Flat/Annualized):
Q1: 0.67%, 2.66%
Q2: 6.40%, 25.58%
Q3: 1.91%, 7.64%
YTD: 9.15%, 12.20%

will be moving to the Month in review…

I’m going to MTD numbers, it’s too easy to get lost in the weeds with weekly numbers.

In short, last week sucked.

Month to Date:
Main trading port: -9.41%
SPY port: -2.20%
Brokerage: -2.23%
BBE Overall: -9.04%
% of Trading Targets reached -112.74%

Back from the beach and frankly, if this nonsense continues, I’ll never be able to go back.

One hell of a week. Been a while since Beach Bunny Enterprises had two up weeks in a row. Would have been even better overall except I had to get 3 new tires and new brakes for my car. Feeling good about heading out for vacation – nice to leave on a high note.
Good Stuff!
– IFX, exited nicely above target

Week to Date:
Main trading port: 3.09%
SPY port: 1.14%
Brokerage: 1.46%
BBE Overall: 1.60%
% of Trading Targets reached 227.37%

Quick Stats, at current returns:
Early Retirement Only: 11.7 years
Buy the Condo 9.2 years
Retirement at the beach: 14.1 years
Ahead/Behind on 10 Year Plan: $18,409.20 Ahead
Discretionary spending up/down from 2006 Down 23.59%

Can we have a few more holiday shortened weeks if they’re going to be like this? Kickass week on all fronts, not much in the way of actual trading, things just went up and stayed there.

Helping!
– ACGY
Hurting
– Not a damn thing

Week to Date:
Main trading port: +3.89%
SPY port: +1.66%
Brokerage: +2.43%
BBE Overall: +2.23%
% of Trading Targets reached 400.39%

Quick Stats, at current returns:
Early Retirement Only: 16.1 years
Buy the Condo 14.2 years
Retirement at the beach: 19.2 years
Ahead/Behind on 10 Year Plan: $15,970.70 Ahead
Discretionary spending up/down from 2006 Down 15.58%

Decent week overall, took an unplanned day off yesterday.

Week to Date:
Main trading port: 1.68%
SPY port: 0.01%
Brokerage: 0.26%
BBE Overall: -2.13%
% of Trading Targets reached 63.37%

Quick Stats, at current returns…
Early Retirement Only: 13.3 years
Buy the Condo 11.6 years
Retirement at the beach: 16.6 years
Ahead/Behind on 10 Year Plan: $41,467.09 Behind
Discretionary spending up/down from 2006 Down 6.91%

Two steps forward, one step back. Better than one forward, two back, though.

The biggest hit came in the IRA port, which is solid SPYs now, followed by the full-service brokerge port, with the best (or least crappy) performance coming from the main trading port.

Overall, Beach Bunny Enterprises was down 1.61% for the week. Of that, 1.51% due to the market, .11% was expenses.

As annoying as it is, I am getting used to the up/down rollercoaster again. The goal is to make sure the ups exceed the downs, and it’s happening.

Next week we’ll see a drain thanks to one more mortgage payment on the townhouse. Please, please, someone buy it! It’s gorgeous! I will be happy when it’s gone, as currently it represents about a $430 weekly drain on things and certainly isn’t helping BBE.

Helping out this week:
– FFIV, XTO, RIMM, HRS, NVDA
Certainly not helping:
– CAKE analyst downgrade
– Wednesday and Friday as a whole
– Bear Sterns – don’t run a hedge fund with assets that no one seems to know how to value.
– Congress – God forbid you make money doing what you’re good at.

Have a great weekend, kids – be interesting to see what Monday brings.

Well, had you told me on Tuesdsay that this would turn out to be such a great week, I’m not sure I would have believed you. Let’s face it, I got home that afternoon, looked at the carnage, said “screw it” and changed into the Beach Bunny Enterprises uniform of the day (shorts & bikini top) and headed for the deck with a cold beer.

Overall, BBE is up 1.94% for the week. Sweet – ended up more than 2x ahead of the goal amount for the week. Here’s to an awesome week, and to a few more over the course of the summer.

Not helping:
– The fact that I had to spend money to eat…

Not hurting:
– B, FNM, NMX – exited above target
– Benign inflation data.

Kind of a sucky week – Beach Bunny Enterprises is down 2.83%. Bah.  Hopefully bond prices have stabilized and things will improve soon.

Not hurting:
XTO, ASD, GES – exited above target
No big expenses, discretionary expenses low (yay for panicked pullback on spending?)

Not helping:
Inflation and interest rate concerns

Disconnect in the spreadsheet – have been using a base # that was accidentally overstated when coming up w/the percentages – corrected #s below.

1/6: -0.70%
1/13: -2.31%
1/20: -1.18%
1/27: -1.17%
2/3: +2.22%
2/10: -0.06%
2/17: -1.31%
2/24: +0.18%
3/3: -7.26%
3/10: +0.41%
3/17: -2.46%
3/24: +2.50%
3/31: +7.45%
4/7: +2.38%
4/14: +0.13%
4/21: -4.15%
4/28: -0.30%
5/5: -1.33%
5/12: -1.27%
5/19: +0.15%
5/26: -9.74%
6/1: +1.17%

OK, what the hell, might as well do the week in review now, not like anything that interesting is going to be happening tomorrow. Really couldn’t have asked for a better week – made up a lot for last week.

The overall books ended the week UP by 0.97%! Now if I could just get my damn townhouse sold so I could trade in slightly larger blocks, everything would be perfect.  (Damn, if I could maintain this kind of performance, things would be awesome.)

Not helping this week…
– Had to write the final check for July’s vacation. (Worth every penny for two weeks at the beach.)

Certainly not hurting…
– CX, RL, GOOG, HOLX, GLW, CAT, KCI – exited above target
– Rest of the port performed exceptionally well
– No 5 digit dental expenses :)