Dan's portfolio

[earthtodan]

Thanks Kerim! I definitely have some empty spaces and partial positions in my list, since I really only started buying in the last 6 months, and some of these will probably remain empty for a while if the market stays expensive. Some of them are overallocated because they are cheap, like BAC and offshore drillers, and I'll either trim them later or grow into them. GE is overallocated because I bought it a while ago before I really had a plan.

My biggest position: Cash. I just sold some stock options in my company and I'm full of dry powder, hoping today's selloff is the beginning of a big correction.

Cash: 40%
TD
BNS 4.2%
USB 1.0%
WFC
BAC 4.1%
GE 5.3%
MMM
DE
ROC 1.0%
UNP
UNFI 0.9%
PEGI 2.2%
ITC
KMI 3.4%
AWLCF 2.2%
PACD 4.1%
ESV 1.1%
SDRL 6.7%
NVO 2.0%
SNY 2.0%
JNJ
CVS
SBUX 2.0%
GIS 4.1%
WWAV
QCOM 2.0%
MSFT
INTU
VTR 2.1%
ARCP 4.1%
HASI 2.4%
OHI

Yesterday was an exciting day to own PACD, the offshore driller I mentioned above. Voting became available for shareholder proposals, and I voted "yes" on the proposal to start paying a dividend in 2015 (at the discretion of the board), up to 6.7% based on the recent market cap. Add the growth projection to that and I'm tempted to overreach on this one even more if the price keeps falling.