Good morning dear diary,
Yesterday I received a very constructive criticism from @California_Dreamin yesterday. Thank you for that! Before I should have gone into individual positions, I should perhaps have briefly described my approach in 2023 and especially in the last three months - that's roughly how long I've been with gq 😉.
I was planning to clean up my portfolio of the various individual stocks - mostly between 5 and 15, i.e. sometimes much fewer than many others here - and switch almost completely to ETFs.
Now, of course, a few positions were "green" and others "red". So I initially said goodbye to the positions that were green or those where I definitely no longer saw any potential for a good end.
However, every now and then I get the urge to buy individual stocks that I think could achieve >10% in the next few weeks. These are usually worth around 2k-4k and hopefully lead to success.
There are two different categories:
small caps or penny stocks mentioned in widely read. I have usually done quite well with these... Believe hardly any losses in the last 3 years... Maybe more luck than sense 🤣Stocks with a good div yield that I believe are currently on an upward trend. Currently $DTE (-0.92%) and $2914
I would like to part with in the near future: $8TRA (-1.87%)
$MBG (-0.07%) and the DWS fund.
$BAS (-0.12%) I will probably at least reduce 😊
Definition of "near future": I have no stress... and as long as I assume that I will see my purchase price again, the stocks pay a good dividend, I would now need your arguments as to why I should sell them more quickly at a loss. As friendly advice, of course, and not investment advice 😉
At some point, my portfolio should look like this:
~50% world ETF
~25% dividend ETF
~25% selected individual stocks
Maybe this will shed some light on the dark!
Thanks again @California_Dreamin ! Your comment has hopefully saved me from more confused diary entries 😘