My holding period just increased
Now:

3 months ago:

What have changed?
  • My $VOO trades has been reflected - 30 trades per month
  • Concentrated my position - removed $NUSI, $STAG, and $MMM
  • Initiated position in $HD
  • Traded 30% of $VICI for 15% profit
  • Doubled down in $U (hopefully bought and DCAed the dip) - resulting top 10 position % increment
  • Holding period increased from 7.6 months to 10 months thanks to long term holdings like $AAPL, $MSFT, $COST, $O and $NRZ

Future plans:
  • Increase holding period to 1 year+
  • Decrease the top 10 holding concentration and buy more into $HD and $WM
  • Keep 30 trades per month (buy $VOO daily)
  • Keep open position close to 15
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This is awesome - thanks for sharing!

Concentrating a portfolio is hard work.
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Steve Matt's avatar
$10.4m follower assets
My May Returns Are In!... And They're Not Great (Still).
As I said in April, my horizon remains 20+ years out. I see my portfolio getting pummeled right now and generally don't care. I only see opportunity.

Retirement Portfolio
In May, I added to $ABNB, $BIPC, $CHWY, $CRM, $CRWD, $DDOG, $GLOB, $JPM, $MMM, $MPW, $O, $OKTA, $PEP, $PGNY, $PLD, $PUBM, $SHW, $SWAV, $TROW, $U, $UPST, and $ZS. I also added to $AAPL, $COST, $JPM, $O, $SBNY, and $SBUX via DRIP. I exited $SMG and $XYL.

May saw my retirement portfolio retreat by 6.86%, bringing my YTD fall to 37.36%, easily getting beat by $SPY, $QQQ, and $VTI.

I'm still learning this new investment software so my all-time performance below is only through the end of 2021.

It's safe to say QQQ is beating me by at least a couple hundred bps through May 31, 2022. I'm certainly still trouncing SPY though.

My Top 10 holdings by current market value make up ~34% of my portfolio.

Taxable Portfolio
My taxable brokerage is ~10% of my total investments. It's also much more speculative (early stage medtech is a big portion). In May, I added to $SILK, $BTC.X, and $ETH.X. Nothing in my taxable brokerage pays a dividend so no DRIP. I didn't exit anything either.

May saw my taxable portfolio retreat by 9.67%, bringing my YTD fall to 42.22%, easily getting beat by $SPY, $QQQ, and $VTI.

My taxable has gone through 3 different iterations over the past 13-ish years. You can see there was no holdings around 2013 and again around 2017 as I sold out of all positions for different life reasons. The beginning to 2013 iteration was the "I don't know what the fuck I'm doing, let me buy random companies I know with no research and pray" phase. Thankfully it was a bull market and I got lucky. The 2014 to 2017 iteration was "I nailed it last time. I'ma do that again but also play with options as well" phase. You can see how well that worked out.

This iteration is actual research with a what-can-this-company-be-in-a-decade being my main thought. This approach is why I don't mind seeing my this portfolio getting whooped. None of the positions in this portfolio are core holdings, which means I follow them quarter-by-quarter via 10-Q/K, press releases, general news, etc. I have my finger on the pulse and the underlying businesses are performing as I hoped or struggling by with bright spots (looking at you $DMTK, $LMND, and $BIGC).

(Note: I didn't lose almost all my money in 2015 but I can't figure out why the software is calculating it that way. 2015 was a bad year in the taxable portfolio but not that bad. Hopefully I have it corrected for my June update).

My Top 10 holdings by current market value make up ~90% of my portfolio.
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Derek Spartz's avatar
$2.1m follower assets
High dividend low risk stocks
In the last week, I’ve been looking at more high dividend lower risk stocks that seem cheap right now. I got in on $MMM last week and now $ENR both paying around 4% and have been beat up in the market for seemingly no solid reason other than following the crowd. Unless there’s data out there I’m missing, I think these are both solid bets while waiting out this market
Nope, usually just the market over reacting to short term news, like it always does. I’ll keep accumulating great companies at great prices🤷‍♂️people over complicate the simplicity of investing.

People bashed me buying Target after earnings and subsequent 25% drop. While market averages ~10% annual returns, Target gained 10% in a week if I’d had the inclination to sell.

Ignore the noise. Buffet uses the same simple approach and is sitting on $100 billion, and people still knock his investing🤣🤣
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Steve Matt's avatar
$10.4m follower assets
1 of 10
401k Buys
They didn't all map over to Commonstock so here's a breakdown of my monthly 401k buys. I buy the same dollar amount of each once per month. This month equaled ~13% more to each total cost basis.

$BIPC - Added ~12% more shares
$CRM - Added ~20% more shares
$PEP - Added ~12% more shares
$O - Added ~13% more shares
$MMM - Added ~14% more shares
$SHW - Added ~14% more shares
$MPW - Added ~16% more shares
$PLD - Added ~16% more shares
$JPM - Added ~16% more shares
$TROW - Added ~18% more shares
Stanley's avatar
$10.3m follower assets
Way Out Wednesday
14 stock positions increased/added.

Additional investments into my Stash Portfolio (5)

$ATVI - $94.22 consensus price target. Continuing to add more for the $MSFT buyout arbitrage play.

$MMM - $158.88 consensus price target. DCA down from previous buys. Increasing a 'core' position.

$ETSY - $156.42 consensus price target. DCA down from previous buys. Not a 'core' position so will consider flipping for a profit when the market recovers.

$PINS - $31.45 consensus price target. DCA down from previous buys. Not a 'core' position so will flip for a profit when the market recovers.

$ZG - $53.69 consensus price target. DCA down from previous buys. Not a 'core' position so will flip for a profit when the market recovers.

Additional investments into my M1 Finance "Fat Cat Investing" portfolio (9)


The 'Fat Cat Investing' portfolio is down 0.56% today and 5.20% overall since inception - a part of my ongoing "Real Estate Rumble".
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True, but you know, goals 😂
I could just as easily list each stocks 52 week high, but that figure too could be years away, given the current situation it’s all a crapshoot.

Or my profit/loss on that position but I’m not sure how helpful that would be.

Suggestions?
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Luka 🦉's avatar
$97.1m follower assets
3M 💸 $1.49/share
$MMM as a stock lost -16% YTD
3M as a company is growing its dividend at 5.6% (5y CAGR)

I choose to look at the company, not at the stock¹
Yield 3.99%

¹Actually, to be super honest, 3M as a company is not performing amazingly, but I hope you appreciate the logic behind my post, rather than the mere example 😆
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Luka 🦉's avatar
$97.1m follower assets
Earning Presentations 📊
Last 2 weeks of Earning Presentations for the stocks in my portfolio.
Maybe some of you can be interested in 👇

Johnson & Johnson $JNJ

Lockheed Martin $LMT


Procter & Gamble $PG

AT&T $T

Sonoco Products $SON

Genuine Parts Co. $GPC

Kimberly-Clark $KMB (report only)

Verizon $VZ (infographic)

Coca-Cola $KO (report only)


PepsiCo. $PEP (report only)

Archer Daniels Midland $ADM

3M $MMM

Kraft-Heinz $KHC

Microsoft $MSFT (ppt presentation)

Essex Property Trust $ESS (report only)

AvalonBay $AVB

The Southern Company $SO

Qualcomm $QCOM

Altria $MO

Intel $INTC

McDonald’s $MCD (report only)

Now without Fincredible, I need to do the dirty work myself 🤣
$UWMC - I'm getting out
Just last week I posted about the dividend on $UWMC. I had provided a bunch of quotes from leadership about keeping the dividend, but this week has caused me to lose faith. Down 5% today, this sucker just keeps dropping.

I was using $UWMC as a way to experiment with writing covered calls. At their cheap prices, it is easy to accumulate 100 and sell some covered calls. I learned a lot doing it. I also learned that stability in stock price and market cap is important to selling covered calls as well.

After watching this stock tank week after week. I had a change of heart and decided to get out. The yield is getting too high, sentiment for upcoming earnings is not great, the housing market is slowing, and I took a closer look at the companies balance sheet and am not comfortable with their debt levels and their decreasing revenues. In Q4 of 2021 their gross profit was $742M and their current portion of long term debt was $1,120M... obviously something's got to give. If they can't grow revenues in this contracting market, they will look to cut costs in other areas. Losing all this capital was not worth having the opportunity to learn about writing calls.

Finally, as a dividend investor, you constantly see people saying "don't chase yield" or to look out for yield traps. This was my only high yield position (that isn't an ETF), and boy were the sayings right! My confirmation bias on this position was STRONG, but the losses have finally become too much that I have realized the error of my approach with this position.

Though this is a mistake and a set back on the success of my portfolio, it is a great learning experience and an early one. I will have ample time to make up for it and build stronger dividend paying positions in better companies.

I've sold today and rolled that money into other positions in $T, $MMM, $INTC, and $SBUX.

Q1 2022 earnings reports from many Dividend Stocks
Buckle up everyone, this will be a crazy week! There are so many earnings coming up and this list isn't even complete!

Having said that, what's your favorite company reporting their earnings this week?


#Earnings #stockmarket
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