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August, 2016: 10 28
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. |
8/10/16-The following are the current suggested securities in each of five strategies plus in a misc. tradable stock category:
BLND - This is a portfolio blend, updated about every month, of 6 low P/E, low P/S, and/or high dividend stocks. Current holdings are: CTL; IQNT; KBR; KELYA; NLY; and SAFM.
BRK/B - Class B shares in Berkshire Hathaway shall be bought when available at or below 1.2 times P/Bk. I intend to never sell BRK/B shares once acquired.
HQ - This portfolio is for high quality assets that have good prospects yet appear to be at the time of purchase at relatively bargain prices compared with their likely future performance. Current holdings are: BEN; CAJ; EXPD; INFY; KSS; and RHI.
TS - This portfolio, so long as he is kind enough to make his holdings known to the general public via a Motley Fool discussion board, endeavors to track the top 6 holdings of Saul (from the Motley Fool discussion board entitled: "Saul's Investing Discussions," which I heartily recommend and which I find to mainly be picks reflecting low P/E in relation to both historical growth and ongoing potential). Current holdings for TS are: AMZN; ANET; LGIH; SBNY; SHOP; and SKX.
VM - This portfolio is for smaller capitalization value plus momentum stocks. They usually will be $10 billion or less in market-cap and 1.5 or less in P/Bk, yet with some dividend and above average momentum. Current holdings are: CYS; DK; IVR; LUK; TEX; and TX.
As mentioned above, there is also a Misc. Tradable 25 Stocks portfolio. These do not fit any single investment method but seem for the time being to still be good assets to have in the nest egg. Current holdings in this category are: AGO; ATW; BDN; BGCP; BX; CAH; CIG; CPSI; ETN; EXPR; FRAN; GLAD; GME; HTGC; INN; MCK; MEI; MN; PAYC; RDS/B; SIR; TOT; UVE; VER; and WSTG.
Combined liquid assets for my spouse and myself at present (from reserves, the "strictly no sell 'ems," our Misc. Tradable 25 Stocks, plus holdings in our BLND, BRK/B, HQ, TS, and VM portfolios) come to $1,153,500, a loss of $2194 or 0.19% since their level as of the last entry. We continue to maintain minimum equity dividend income at target levels as well, with the absolute amount increased by at least 13.5% a year.
8/28/16-To further simplify portfolio management, have eliminated the "Misc. Tradable 25 Stocks" and instead allocated them, as appropriate, among 5 remaining portfolios, as follows (each with 10 assets):
BLND - This is a portfolio blend, updated about every month, of low P/E, low P/S, and/or high dividend stocks. Current holdings are: CPSI; CTL; CXW; GEO; GLAD; IQNT; KELYA; NLY; QUAD; and SAFM.
HQ - This portfolio is for high quality assets that have good prospects yet appear to have relatively bargain prices compared with likely future performance. Current holdings are: BEN; CAJ; EXPD; INFY; KSS; OMI; QCOM; RHI; SNI; and TOT.
MAST - This portfolio is for misc. Motley Fool All-STar outperform picks. These are assets that a number of the best MF CAPS players have recommended. Current holdings are BRK/B*; CIG; FLY; GG; MTCH; NUVA; RLI; SLW; SNX; and T*.
TS - This portfolio, so long as he is kind enough to make his holdings known to the general public via a Motley Fool discussion board, endeavors to track the top 10 holdings of Saul (from the Motley Fool discussion board entitled: "Saul's Investing Discussions," which I heartily recommend and which I find to mainly be picks reflecting low P/E in relation to both historical growth and ongoing potential). Our current holdings for TS are: AMZN; ANET; BOFI; CRM; LGIH; PAYC; SBNY; SHOP; SSNI; and SKX.
VM - This portfolio is for smaller capitalization value plus momentum stocks. They usually will be $10 billion or less in market-cap and 1.5 or less in P/Bk, yet often with some dividend and above average momentum, at least at the time of purchase. The one exception to this momentum guideline is ATW, which is being bought when the price has fallen 10% or more and sold when up 10% or more, with a core of ATW shares being retained, hence taking advantage of the asset's tendency to swing between being a bargain value play and a momentum security. Current holdings are: AGO; AGX; ATW; CYS; ETN; FAF; INN; PCH; TEX; and UVE.
Combined liquid assets for my spouse and myself at present come to $1,160,841, a gain of $7341 or 0.64% since their level as of the last entry. We continue to maintain equity dividend income at or above target levels as well, with the absolute dividend amount being increased by 13.5% or more annually.
*Although BRK/B no longer has a separate portfolio, I shall as usual be buying its shares when Berkshire Hathaway is available at or below 1.2 times P/Bk. Once acquired, I still intend to never sell these shares. Similarly, regarding T, I expect to be a buyer when its dividend is 5.0% or higher and never to sell.
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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.