11-06-2016, 10:03 PM
(11-06-2016, 11:57 AM)O Wrote: Portfolio update: I have changed to second gear, adding some new positions (V, UL, NKE) and building up earlier ones since the last post. Current portfolio is listed with weights in the beginning of the opening post. Comments?
I'm now also roughly half invested. I was planning to hold at least a 50% cash position until there would be a more serious pullback. Now I think I'll just add monthly and keep on eye for bargains, near term future could be interesting I think. I'd like to be fully invested eventually and don't mean to really time the market, just to not go all-in too quickly. Only thing I've actually learned in the past years is the market doesn't need to do anything.
Currently I'm pondering on adding to CVS (bought at 90$) and looking at DEO, MCD, AFL if I were to add new names with these prices.
Here goes my personal stock-picking bias'. I have no problems with sin stocks but I quit drinking 4yrs. ago so why would I buy DEO?
I wouldn't buy CVS since they don't sell tobacco. Since I have a boatload of MO and RAI, I buy my smokes elsewhere. I don't eat at McDonalds. I once considered
AFL, but 80% of their business comes from Japan, which is fine with me, but currency fluctuations of the yen is out of my wheelhouse, so no thanks.
Disclaimer: My portfolio's stock selections are mine and should not be construed as suitable for any other investor.