When I reported my net worth earlier this week, RetirementInvestingToday, a Consumerism Commentary reader, mentioned I should be reporting my investment performance as well, as raw changes in balances don’t tell the full story. An investment’s performance can’t be measured just by looking at a starting and ending balance if during that time I make deposits or withdrawals.
Thankfully, Quicken handles a better calculation of investment performance so I don’t have to try to plug all of my cash flows into Excel. I do, however, enter the results into a spreadsheet so I can upload the report for publishing on consumerism Commentary. What RetirementInvestingToday might not have known is that I’ve been reporting my investment performance for a while.
During the first three months of 2010, my best performing investment has been by far my company’s stock. The stock tanked along with others in the industry when the broader market recession began, and at one point was down 80%. That was a good opportunity to pick up discounted stock, with an additional 15% discount given to employees as a benefit. It has recovered significantly since then.
I’d like to start unloading the stock I purchased over two years ago through this employee stock purchase plan, but I’m considering waiting until I can sell at a profit.
In addition to the investments you’ll see in the report, as you might have seen on my balance sheet, I have about as much in cash as I have in retirement. That’s unbalanced, but as I’ve mentioned before, I want to have cash available for some day in a future when I feel the time is right to “settle down.” Buying a house is not currently on my agenda.
Here are my investment account balances and performance numbers as of the end of March 2010. If you have any questions or suggestions, feel free to leave them in the comments.
Published or updated April 9, 2010.