The month of June has come to an end, and the month of July has arrived! After six months, it’s time for another review of the previous quarter. We’ll glance at our second-quarter results in this piece. In addition, I’ll give you a quick rundown of our investment holdings.
Check out my first-quarter update this year if you haven’t already.
In-Depth Review
CrowdStreet helped us make a new stock investment this quarter. The rest of our portfolio remained almost unchanged.
The following is the most recent breakdown:
As you’ll see, our equity and debt allocations are a little out of whack. Over the next few months, I intend to rebalance the portfolio by mostly purchasing stock investments on our taxable account.
In terms of my investments, things look like this:
Our goals are as follows:
stocks held by foreign investors account for 20-30% of total
Small-cap: 5% of total assets
Investment in real estate investment trusts: 5% of total
Even so, I’m considering increasing our Small Cap payments in the next two pay weeks. We may just have to rebalance in October, depending on the performance of international companies in the third quarter.
Performance in the second quarter of 2018
Compared to the previous quarter, the domestic stock market performed substantially better this time around, with the all the major indices reporting gains. Over the second quarter, the S&P 500 gained 2.9 percent, the Dow gained 0.7 percent, and the Nasdaq gained 6.3 percent.
A 1.7 percent return on our investments was achieved. In light of our -1.4 percent loss in the first quarter, I’ll take it. Our portfolio as a whole increased by 10.4% from one quarter to the next. Contributions and investment income are also included in this calculation.
A few more things to note from the second quarter:
Worldwide, the decline is 1.96 percent.
Value of a Small Cap Company: 5.31%
REIT: 8.92%
529: 0.9 percent for Little Random Guy
Returns on REITs did an about-face last quarter, rising to 8.9% from -8.17 percent in the prior period. The first-quarter return of -2.11% for Small Cap Value was neatly reversed in the second quarter. International holdings, on the other hand, have been in the red for another quarter.
Crowdfunding
For the second quarter, our crowdfunding property investments returned 0.7 percent. All of our profits came from the interest we were paying on our loan investments each month. We own five investment through PeerStreet or one with RealtyShares thus far, all of which are active.
Our two stock investments, one with RealtyShares and one with CrowdStreet, have still to pay out any dividends or capital gains. CrowdStreet’s payment should arrive in next few days, according to the latest information, while RealtyShares’ payment is expected in August. We’ll have to keep an open mind till then. I’m putting all my faith in the Lord!
To sum it up
Our investments performed better in the second quarter. We were at least in the black this time. Every one of our real estate loan investments is up to date and making interest payments each month as agreed upon. However, we have yet to get our first dividend from our equity investments. Hopefully, I’ll have some good news to report in my third quarter update.
