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Author: Volucris Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5069  
Subject: Annual Update Date: 1/1/2008 7:14 PM
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I guess I'll start.

Total change in retirement fund was only plus 8%. I think real inflation was at least 6%. So I'm going to call 2007 a year of breaking even. I don't really mind all that much when I think about it, since the worse stocks perform in the short term the better I'll probably be in the long term, but big numbers are always fun to see.

2008 may even be more difficult, or filled with more opportunity depending on your point of view.

Volucris
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Author: fredinseoul Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4536 of 5069
Subject: Re: Annual Update Date: 1/1/2008 8:13 PM
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My interest on the 401K was about even too.

However, I made good progress in other areas. In 2007:

got the index fund going and am contributing 10% of my net to that each month.

got my efund to the level I wanted.

do 10% to the 401K and get a 3% match.

Have the MMF on auto pilot. This is where I have the majority of my money. I break it into funds such as New House, Vacations, Home Repair, etc.

opened a brokerage account. I use Zeccos.com. I plan to pick up some of the stocks that I like if the prices come down this year. (I'm fairly certain the prices will come down)

fredinseoul

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Author: NevadaGolfer Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4537 of 5069
Subject: Re: Annual Update Date: 1/2/2008 3:41 AM
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2007 results:

My only debt continues to be a 30yr fixed mortgage at 5.75%. I may buy a new car sometime since my current car is now 11 years old. Ideally I'd get a 0% finance rate but if necessary I'll just sell stock in my taxable account and pay cash.

Value of taxable and retirement accounts up 17.87% on the year. Unfortunately this was balanced by my home value declining by roughly 20% during the year. In 2004 at the peak of Las Vegas home values my net worth was about 75% home equity and 25% stocks/mutual funds. At the end of 2007 my net worth is nearly the same as 2004, but now home equity is only 40% while stocks/mutual funds make up 60%.

Investment gains were 10.50% with the remainder of the 17.87% account growth coming from new deposits by saving about 25% of my gross income during the year.

The best of 2007 was having BRK.B and XOM as my two largest holdings entering the year and holding them both throughout the year. These two stocks now represent roughly 30% and 15% of my portfolio respectively.

The worst of 2007 was holding AMD and WM entering the year and selling them only in Oct/Nov. I also did a bad thing in selling MO stock which I'd held for many years just before the Kraft spin-off. The proceeds from this sale were eventually invested in an international fund near the peak of the fund's price for the year. I'd have been much better off just continuing to hold MO.

Stupid or genius moves for 2008 will include selling 2/3 of my BRK stake tomorrow and buying some DUK, LTD, JNJ, GE, and CGMFX. My Roth will be funded tomorrow from the proceeds of one of the BRK.B shares.

Current stock and mutual fund holdings entering 2008 in order of largest to smallest holdings are...
BRK.B
XOM
DODFX
CHK
HAL
BA
MRO
PAYX
RTN
JNJ

After the BRK.B sales it will be...
XOM
DODFX
BRK.B
LTD
CHK
HAL
BA
MRO
JNJ
PAYX
DUK
CGMFX
RTN
GE

Investment gains for me since 1998 have been...
1998 28.29% vs S&P500 total return with dividends at 28.58%
1999 11.97% vs S&P 21.04%
2000 -20.08% vs S&P -9.11%
2001 10.05% vs S&P -11.89%
2002 -27.03% vs S&P -22.10%
2003 25.52% vs S&P 28.68%
2004 36.57% vs S&P 10.88%
2005 6.82% vs S&P 4.91%
2006 17.62% vs S&P 15.80%
2007 10.50% vs S&P 3.53% (not sure 2007 is correct)

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Author: 2old4bs Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 4570 of 5069
Subject: Re: Annual Update Date: 2/4/2008 8:19 PM
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My 2007 return was almost 16%, with my 401K account doing the worst, at 10%.

So far in 2008, I have lost 62% of my 2007 return :-(

Still hanging in there though...

2old

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