Here in Indiana I find myself stuck at home due to an ice storm. Figured it would be a great time to post a portfolio update! For the month of January, I simply added on to my stake in JNJ by buying another 17 shares. I also had three people ask me about a very interesting problem. How do I invest a large lump sum of money? For example, what … [Read more...]
Goals for 2019 and Beyond
It was a wild ride towards the end of 2018. We briefly entered a bear market and roared back over the last two weeks. Because of all this volatility it was hard to focus on my goals for the new year. Overall, the fundamentals of my strategy haven’t changed much. I began this blog by discussing how I plan to invest $2000 a month into the market. … [Read more...]
Bear Market
The bear market is almost here! The Nasdaq is nearing "bear" territory; when an index falls over 20% from its high. It has been an absolute bloodbath out there with tech, industrials, and financials leading the collapse. In some cases, growth stocks are facing upwards of 50% in losses. This activity is largely in response to … [Read more...]
Recent Buy: CB, UL, & TTWO
I’ve been on a shopping spree these last few weeks. I added on to my stake in Chubb Limited and bought two new stocks. Unilever (UL) has been on my watchlist for years but I decided against it given my large position in P&G. Unilever is essentially the P&G of the United Kingdom. I also purchased 10 shares of Take Two Interactive, the … [Read more...]
Recent Buy: MMM & GSK
Now that the midterms are over, investors have a bit more clarity over what’s coming. The United States now faces a divided government. For investors this means nothing, literally nothing. Because Democrats control the House and Republicans hold the Senate, there’s total gridlock. When nothing gets done businesses can plan strategically for 2 … [Read more...]
2018 Midterm Jitters
In the past few weeks we’ve seem the market become increasingly volatile. At the same time, we had the worst month since 2011. Tech and industrials led the decline. There have been varying reasons for this volatility and turmoil. I’ve heard rising interest rates, weak corporate guidance, and trade to name a few. In my opinion we are … [Read more...]