My Current Portfolio
My intention is to regularly update this post with my current portfolio as I add/remove positions from it. Also, I'll focus on my non-401(k) investments. With my 401(k), I only have a limited pool of index funds to choose from, and have set up an allocation that works for my age and risk tolerance.
Anyway, on to my current portfolio of taxable accounts and Roth IRA:
Non-401(k) Portfolio as of 8/18/16:
12-month forward dividend income: $1,159.35
Some thoughts about the above table:
This includes some holdings from a couple years ago, when I started and was admittedly yield chasing. Some of these I have sold and reallocated, others I have just held, collecting the dividends and reinvesting in safer stocks. Also I recognize that the REITs that I own should have been put in my Roth IRA, and not in my taxable account, However, I started with a taxable account, and did not start a Roth IRA until April of this year. I have learned quite a bit in the last couple years, and intend to keep learning, and apply these lessons to become a better investor.
Also, I have started Dividend Growth Investing as of March of this year, in addition to starting a Robinhood commission-free account to gain some traction. My plan is to make weekly buys with my Robinhood account, and then add to my cash position in the Roth IRA to then deploy to individual stocks once the cash exceeds $1,000 (since my Roth IRA account charges a $9.99 commission fee, and I want to pay no more than 1% in a commission fee). When I do buy, I look at companies that are currently fairly valued or undervalued, among other factors. The same goes for my dividends when I reinvest them (I only turn on the DRIP in the Roth IRA and taxable account for holdings I deem to be of good value at the moment). I may also add smaller amounts to the Roth IRA account of ETFs that are commission-free.
As time goes on, I expect to maintain a better quality of holdings, as I learn more about what makes for a quality investment.
I invite you to follow me on this journey!
Do you hold any of these in your portfolio?
Anyway, on to my current portfolio of taxable accounts and Roth IRA:
Non-401(k) Portfolio as of 8/18/16:
| Company | Symbol | Total Shares | % Portfolio | Taxable Acct Shares | Roth IRA Shares |
| Abbott Labs | ABT | 60.145 | 9.25% | 35 | 25.145 |
| Amerigas | APU | 25.528 | 4.07% | 25.528 | 0 |
| Apple | AAPL | 7 | 2.65% | 7 | 0 |
| AT&T | T | 27.334 | 3.92% | 27.334 | 0 |
| Cardinal Health | CAH | 24 | 6.86% | 11 | 13 |
| Cisco Systems | CSCO | 19 | 2.01% | 19 | 0 |
| Company Stock | 60.74 | 6.08% | 60.74 | 0 | |
| Cummins | CMI | 8 | 3.50% | 8 | 0 |
| Emerson Electric | EMR | 8 | 1.52% | 8 | 0 |
| Flower Foods | FLO | 67 | 3.52% | 67 | 0 |
| Intel | INTC | 11 | 1.33% | 11 | 0 |
| iShares Large Cap S&P 500 ETF | IVV | 11 | 8.39% | 0 | 11 |
| iShares Small Cap S&P 500 ETF | IJR | 7 | 2.98% | 0 | 7 |
| New Residential | NRZ | 39 | 1.90% | 39 | 0 |
| Omega Healthcare Investors | OHI | 27 | 3.43% | 0 | 27 |
| Prospect Capital | PSEC | 225.837 | 6.62% | 225.837 | 0 |
| Qualcomm | QCOM | 43.327 | 9.47% | 43.327 | 0 |
| Target | TGT | 3 | 0.73% | 3 | 0 |
| Toronto Dominion Bank | TD | 22 | 3.39% | 0 | 22 |
| Vanguard Growth ETF | VUG | 2 | 0.78% | 0 | 2 |
| Vanguard High Yield Dividend ETF | VYM | 48.049 | 12.21% | 13.049 | 35 |
| Vanguard REIT ETF | VNQ | 6.067 | 1.87% | 6.067 | 0 |
| Verizon | VZ | 2 | 0.37% | 2 | 0 |
| Viacom | VIAB | 16 | 2.38% | 16 | 0 |
| Walmart | WMT | 3 | 0.77% | 3 | 0 |
12-month forward dividend income: $1,159.35
Some thoughts about the above table:
This includes some holdings from a couple years ago, when I started and was admittedly yield chasing. Some of these I have sold and reallocated, others I have just held, collecting the dividends and reinvesting in safer stocks. Also I recognize that the REITs that I own should have been put in my Roth IRA, and not in my taxable account, However, I started with a taxable account, and did not start a Roth IRA until April of this year. I have learned quite a bit in the last couple years, and intend to keep learning, and apply these lessons to become a better investor.
Also, I have started Dividend Growth Investing as of March of this year, in addition to starting a Robinhood commission-free account to gain some traction. My plan is to make weekly buys with my Robinhood account, and then add to my cash position in the Roth IRA to then deploy to individual stocks once the cash exceeds $1,000 (since my Roth IRA account charges a $9.99 commission fee, and I want to pay no more than 1% in a commission fee). When I do buy, I look at companies that are currently fairly valued or undervalued, among other factors. The same goes for my dividends when I reinvest them (I only turn on the DRIP in the Roth IRA and taxable account for holdings I deem to be of good value at the moment). I may also add smaller amounts to the Roth IRA account of ETFs that are commission-free.
As time goes on, I expect to maintain a better quality of holdings, as I learn more about what makes for a quality investment.
I invite you to follow me on this journey!
Do you hold any of these in your portfolio?
I have quite few holdings in common (CMI, EMR, OHI, PSEC, QCOM, & TD). You are making steady progress and it will get better every quarter.
ReplyDeleteFrom a diversity perspective for individual equities noticed you were missing some industries. Is diversity part of the plan? Technically you currently have diversity via the mutual funds. Long term I was curious if mutual funds (outside of your 401K) are part of your saving/investment plan.
Hi Ken, thanks for stopping by and commenting, great questions! Yes, diversity is part of the plan, however, in certain industries, I have my reservations at the moment in putting money directly toward them, namely financials (the American big banks) and oil companies. I probably limit my opportunities this way, but am fine with that.
ReplyDeleteFor American big banks, I have a distrust after the last financial crisis, and many appear to be doing the same things that led to that crisis (but changing the names of the activities to make it appear ok). Many of them have not even returned to their pre-crisis levels. If I am to get more into financials, it will likely be with insurance companies as opposed to big banks (none of the insurance companies look attractively valued to me right now).
Regarding oil, I have uneasy feeling on how they do business, and also the lobbying to suppress other forms of energy that are gaining in popularity and usefulness. So I choose not to invest in their stocks directly. This may be considered hypocritical since I use their products to fuel my transportation, and many of the ETFs I own are made up of these companies, but it is something I have reasoned with myself and feel comfortable with this approach.
Mutual funds I am down on, because of the higher fees, but I do have ETFs as part of my investment plan, in addition to individual stocks.
I share a similar view on big U.S. Banks. My financial investments are limited to small local banks, Canadian banks, and insurance companies. And financials is one of the few sectors not that expensive.
DeleteIn regards to other industries, I think everything else is a bit expensive but you should have a watch list to keep an eye on equities you like but do not want to buy now. Oil I'm not too big on but there are some basic material, consumer and industrial stocks I'm keeping an eye on in case prices drop.