Gene Dettmann

General Information

Gene Dettmann
Fool Since:
May 29 2007
Where I Live:
Where I Grew Up:
PHOTO: Bisquit on the front porch.

Investing Basics

Investing Experience:
Medium High
Risk Tolerance:
Medium High
Investing Style:
Motley (i.e. Anything goes!)
Types of Investments:
Thu 07/19/2018 Change: -0.95% _Portfolio vs High (06/14/2018): -3.01% _YTD Portfolio: 17.26% __ YTD DJI30: 1.40%__ YTD SP500: 4.90%__ YTD NASDAQ: 13.35% _XIRR since 2005: 20.75%
Stocks I Own:
Growth 52.56% of portfolio: ALGN AMZN ANET AYX BRK-B MDB NFLX NTNX OKTA PAYC PSTG PVTL PYPL SHOP SPLK SQ TWLO __Dividend Core 28.90% of portfolio: ABBV CAT EMR JNJ KMB KO MO NLY O PAYX PLOW SAFT SYY UTX VZ __Other Dividend 3.79% of portfolio: CGNX __ETFs 1.24% of portfolio: _ETFs 2.24% VO VOO __Mutual Funds 2.99% of portfolio: USHYX USIBX __Options 0.52% of portfolio: LUV Jan 2019 60.000 call, OKTA Nov 2018 45.000 call, PSTG Jan 2019 20.000 call __Cash 10.00% of portfolio

Investing Favorites

Thu 07/19/2018 Monthly Change*: __Jan 7.83% __Feb -1.64% __Mar -0.88% __Apr -0.19% __May 3.72% __Jun 0.46% __Jul 2.20% * Not adjusted for withdrawals / deposits
Stock Sectors: __Industrial: 4- 9.26% __Consumer Discretionary: 2- 28.79% __Consumer Staples: 4- 7.81% __Health Care: 4- 11.69% __Financials: 3- 5.20% __MREIT: 1- 1.84% __Info Tech: 13- 30.95% __Telecom Services: 1- 0.73% __REIT: 1- 3.74%
Portfolio Income vs Income Shortfall: 178.24% _Dividend Core 120.25% _Other Dividend 1.86% _ETFs 3.81% _Mutual Funds 15.90% _Cash 36.42%
Portfolio Makeup: _Stock: 85.25% _Stock ETF: 1.24% _Bond MF: 2.99% _Cash: 10.00% _Options/Short: 0.52% __By Acct Type: Taxable: 8.93% _Trad IRA: 33.87% _Roth IRA: 57.20%
Top Ten Stocks (49.75%): NFLX 21.56% - PLOW 5.05% - CGNX 3.79% - ALGN 3.32% - O 3.28% - PAYX 2.82% - AMZN 2.57% - SHOP 2.52% - KMB 2.51% - TWLO 2.34%
Top 10 Income Producers: 80.96% of Income: Annuities 20.64% - NLY 11.34% - O 9.48% - PLOW 6.81% - KMB 6.03% - MO 6.02% - ABBV 5.78% - USHYX 5.59% - PAYX 5.57% - JNJ 3.68%
52 Week Highs for Thu 7/19/2018 Stock 3: PYPL, SAFT, SQ _ Funds : None
Largest Gain by percent: 2.97% SQ _ by dollar: SQ __ Largest Drop: by percent: -4.71% ABBV _ by dollar: NFLX for Thu 7/19/2018

Investing Expertise

Greatest Investment:
Cash by Acct Type: _Taxable: 0.03% _Trad IRA: 3.98% _Roth IRA: 95.99%
Worst Investment:
Income by Account Type: Taxable 1.89% Trad IRA 56.67% Roth IRA 41.44%
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.