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March, 2021: 13
Disclaimer - IMPORTANT - Read this first!
| Investor's Journal is a diary focused strictly on investments and personal finance issues, primarily from a contrarian and retiree point of view. Follow along with an average guy's failures and successes as he learns, by trial and error, the fine art of value investing. |
3/13/21-Since the prior entry (2/8/21), the following were sold: ASML; DHT; PFE; PKBK; PYPL; RDFN; SNOW; STAA; UPWK; VZ; XLE; and ZG. These were purchased: DIA; EDV; FAGIX; SCU; SLYV; SPKE; VB; VGK; VV; XBI; XLG; and ZS. The new basic 25 holdings thus are as follows: AWF; BHK; CRWD; DDOG; DIA; EDV; FAGIX; FLGT; NARI; NAVI; NET; RIO; SCU; SLYV; SPKE; VB; VBR; VGK; VIOO; VOO; VTV; VV; XBI; XLG; and ZS.
We continue to be on track toward total portfolio dividends of $54,000 or more this year.
Since 2/8/21, liquid assets are up $13,050 or 0.65% and now total $2,013,482.
Net assets of all types (including real estate and all other holdings) are up 7.10% or $154,527 from their end of 2020 nest egg total and now stand at $2,329,952.
In recent weeks, the market, though still very near record highs, has often been down. This has provided opportunities to purchase more shares of assets with 5% or greater dividends. While the short-term effect is to lower our reserves, this is offset by the much greater assurance of attaining our total portfolio dividend target for 2021. Trading assets that pay essentially nothing for ones that yield 5% or more, in fact averaging over 6%, seems not a bad strategy. Among our basic 25 holdings, the following are ones I like with relatively juicy dividends: AWF; BHK; EDV; FAGIX; NAVI; RIO; SCU; SPKE; and VGK. These yields range from 2.79% (compare with 1.53% for the S&P 500 now) to 10.88%. Their average is 5.55%.
It might be noted that the assets sold since the entry last month were predominantly individual stocks and that several of the replacements are exchange traded funds (ETFs) or mutual funds. In fact, in an effort to lower overall risk to the portfolio I have been substituting these funds for stocks, the latter tending to go down more in major corrections. In general, the new assets, including DIA; SLYV; VB; VV; XBI; and XLG, have been among the best fund performers over the past decade for their categories. No guarantee, of course, that they will do as well in future, but the odds would appear to favor them in a bear market over most single equities.
Finally, I recommend the Motley Fool Discussion Board, "Saul's Investing Discussions." Here one can find ideas on growth stocks that have had, overall, excellent gains for the last several years. In addition, this board's entries provide vast wisdom on buying and selling stocks from people who know much more than the typical retail investor. Assets from our basic 25 that have been highlighted in Saul's discussions include CRWD; DDOG; NARI; NET; and ZS.
Disclaimer and Disclosure Statement
Neither I nor Investor's Journal will be responsible for losses by anyone who obtained ideas from this site.
This diary is intended for personal interest and general information only. You are advised to do your own research (as well as to consult highly compensated professionals) before spending money on anything.
I know of no reason anyone should take my financial musings seriously. At best I am a dedicated amateur providing a bit of investment-related insight and entertainment, at worst an amusing diversion.
My wife, Fran, and I may at times own shares of some of the assets mentioned here. But neither of us receive any benefit from reference to them, unless you count the mutual misery when we get it wrong, or the opportunity to gloat when we get it right.