Gene Dettmann

General Information

Gene Dettmann
Fool Since:
May 29 2007
Where I Live:
Where I Grew Up:
PHOTO: Fox getting a drink in our front yard

Investing Basics

Investing Experience:
Medium High
Risk Tolerance:
Medium High
Investing Style:
Motley (i.e. Anything goes!)
Types of Investments:
Tue 03/20/2018 Change: 0.77% _Portfolio vs High (03/12/2018): -1.97% _YTD Portfolio: 9.75% __ YTD DJI30: 0.03%__ YTD SP500: 1.62%__ YTD NASDAQ: 6.68% _XIRR since 2005: 20.79%
Stocks I Own:
Growth 37.43% of portfolio: ALGN AMZN ANET AYX BRK-B CELG CLNE ESNT IRBT NFLX NKTR NVEE PAYC PYPL SHOP SPLK WPRT __Dividend Core 31.56% of portfolio: ABBV AEP CAT CCI EMR HON JNJ KHC KMB KO MO NLY O OAK PAYX PEP PLOW SAFT SYY UTX VZ __Other Dividend 15.09% of portfolio: CGNX DHIL DIS EGOV GNTX NXST PZZA SBUX SWKS TSCO TXRH __ETFs 3.08% of portfolio: _ETFs 4.14% BIV IJR IWC VEU VIG VNQ VO VOO __Mutual Funds 2.90% of portfolio: USHYX USIBX __Options 0.45% of portfolio: KMB Jan 2019 110.000 call, HAS Jan 2020 87.500 call, PSTG Jan 2019 20.000 call __Cash 9.49% of portfolio

Investing Favorites

Tue 03/20/2018 Monthly Change*: __Jan 7.83% __Feb -1.64% __Mar 3.47% * Not adjusted for withdrawals / deposits
Stock Sectors: __Energy: 4- 1.55% __Industrial: 5- 10.55% __Consumer Discretionary: 9- 34.54% __Consumer Staples: 6- 10.28% __Health Care: 5- 9.50% __Financials: 6- 6.57% __MREIT: 1- 1.81% __Info Tech: 8- 18.93% __Telecom Services: 1- 0.96% __Utilities: 1- 1.29% __REIT: 2- 4.01%
Portfolio Income vs Living Expenses: 104.81% _Dividend Core 67.13% _Other Dividend 8.97% _ETFs 4.14% _Mutual Funds 7.78% _Cash 16.79%
Portfolio Makeup: _Stock: 84.08% _Stock ETF: 2.84% _Bond ETF: 0.24% _Bond MF: 2.90% _Cash: 9.49% _Options/Short: 0.00% __By Acct Type: Taxable: 11.41% _Trad IRA: 40.64% _Roth IRA: 47.94%
Top Ten Stocks (50.49%): NFLX 20.63% - CGNX 7.08% - PLOW 5.06% - MO 3.25% - KMB 2.61% - AMZN 2.53% - O 2.50% - ALGN 2.47% - ABBV 2.20% - PAYX 2.16%
Top 10 Income Producers: 66.73% of Income: Annuities 16.03% - NLY 9.24% - MO 7.83% - O 6.90% - PLOW 6.19% - KMB 5.01% - USHYX 4.85% - ABBV 3.96% - PAYX 3.49% - SAFT 3.23%
52 Week Highs for Tue 3/20/2018 Stock 2: SHOP, SPLK _ Funds : None
Largest Gain by percent: 8.78% CLNE _ by dollar: NFLX __ Largest Drop: by percent: -1.80% NXST _ by dollar: MO for Tue 3/20/2018

Investing Expertise

Greatest Investment:
Cash by Acct Type: _Taxable: 0.43% _Trad IRA: 20.51% _Roth IRA: 79.06%
Worst Investment:
Income by Account Type: Taxable 1.43% Trad IRA 51.03% Roth IRA 47.55%
Money I Manage:
2017 Percent Dividend & Interest Income by Month: Jan 8.28% Feb 6.54% Mar 6.57% Apr 7.04% May 6.09% Jun 18.10% Jul 7.44% Aug 10.38% Sep 7.48% Oct 7.38% Nov 5.90% Dec 8.80% as of Fri 12/29/2017


Personal Quote:
If you don't have a goal, how will you know when you score?
My Interests:
Old tractors
Person(s) I'd Like To Meet:
Mike Holmes, Robert Irvine
Favorite Restaurants or Foods:
Trent Country Club, Lucy's, Catfish Corner, Heff's, Brick Oven Pizza
Favorite Movies:
The Searchers, The Best Years of Our Lives, Seven Days in May, Executive Suite
Favorite Music or Musicians:
Vladimir Horowitz, Artur Rubenstein, Evgeny Kissin

An Interview with gdett2

Last updated: 1/13/2018
The Fool:
If you could use one example from your life to teach a financial lesson, what would it be?
MAKE A PLAN! We started a retirement plan in 1982. It wasn't much and was loosely followed for about 14 years. Then we looked at it more closely and refined it. About 8 years later, we were scrubbing expenses and truly looking hard at all the angles, making it bullet proof. The Difference? Our original idea was to retire around 2016/17. The planning allowed us to retire in 2005. Planning was a worthwhile exercise for us. Will it be one for you ????????
The Fool:
How do you define success?
Success for me is being in a position that I can do what I want, when I want and not be concerned about finances any more. This also coincides with my definition of Retirement and here we are.
The Fool:
What's been your best investment to date, and how did you discover it?
INTC from the late 80's all through the 90's. I looked into it because I liked the chips and invested in the company. The funny thing is I did everything wrong. I took a large portion of our cash and bought stock. After dropping 20%, it went up a few dollars and I more than doubled our position. It was the only stock we owned for about 2 more years. It did great but it could have been a disaster. I was lucky!

How I Invest

Motley. My primary wealth builder over the past 40 years has been real estate, all rural, unimproved acreage. Researching and finding under-valued property was something I understood and enjoyed. I would identify distressed markets/areas, buy property and hold it for a market rebound, normally 2 to 3 years. Investing in stock came later. Investing in stocks or anything else is quite similar. Find and buy something at a market value below a normal value and wait for it to be recognized by others so they will buy it from you at a higher price.