As part of the annual rebalancing and our new role as parents, I sold almost all the individual shares.
A few thoughts on this;
I started with the Core Satellite plan, my core was a World ETF or now the All World.
I wanted to build satellites around it that could beat the market and bring me my alpha.
I think this is the plan of many, but I got lost somewhere and my satellites became more and more diversified and in the end they moved like the market.
I think satellites can or should be undiversified and make up a higher percentage of the portfolio.
If I am sure that they will beat the market then I can also choose 1-3 positions and weight them with 5-10%.
You can think what you like about dividend stocks in the 20s or 30s, I don't see any alpha here and I don't need cash flow to stay motivated.
This currently leaves me with 5, soon 6 positions and my work with the portfolio remains manageable.
It currently stands at around €110,000.
Sold:
$AAPL (+2.87%) Apple +50%
$GOOGL (+0.99%) Alphabet +48%
$DHL (-1.71%) German Post +38%
$AMZN (+1.14%) Amazon +33%
$BLK (+0.66%) Blackrock +14.7%
$JNJ (-1.21%) Johnson&Johnson +2.6%
$SPYD (-0.55%) S&P US Dividend Aristocrats -1%
$KO (-1.76%) Coca Cola -3.3%
$O (-2.72%) Realty Income -5.6%
$BATS (-2.08%) British American Tabacco -15.4%
Increased:
$VWRL (+1.32%) FTSE AlI-World
$DXS0 (+0.18%) Swiss Leader
Initial purchase:
$965515 (+1.06%) Physical gold (5% of the portfolio)
