12H·

Monthly portfolio update - October

My portfolio showed a decline of -2.16% this month. I took advantage of dips in $HAUTO (-1.28%) and $BNP (-1.29%) to add to my positions. I’m invested in $CMCSA (-2.58%) and have opened positions there because they are shifting their focus towards entertainment and streaming, which I believe is a big part of the future.


The best performers this month were:

Qualcomm $QCOM (+0.35%)

CN Railway $CNR (+0.36%)

CIBC $CM (+1.2%)

Chevron $CVX (-1.94%)


On the downside:

Höegh Autoliners $HAUTO (-1.28%)

Novo Nordisk $NOVO B (-1.05%)

UnitedHealth Group $UNH (-2.35%)

Bitcoin $BTC (+0.34%)

Ethereum $ETH (+1.11%)


Since Novo Nordisk and UnitedHealth are my largest positions, their weak performance had a significant impact on my portfolio.


It was a cautious month with mixed results. I’m staying patient and ready for better opportunities ahead.

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3 Comments

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Just checked your portfolio, it's far from diversified, no wonder your monthly performance was negative...
Looking forward to you diversifying and being green by year end 💹
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@Jo_Wolf thanks for the feedback. I’m still learning, so I really appreciate someone with experience taking a look at my portfolio.

I’m aware the lack of diversification is one of my issues right now. Got any tips for me?
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@Diavalboy I have my little rule that I do not let single stocks reach more than 5% allocation. Works for me in case of bad pick, learned it the hard way with Pfizer 😃

But then also I'm highly diversified with a 55/25/20 model (55% equity, 25% precious metals, 20% bonds) but that's my own thing, it's not for everyone but it's calibrated for my objective to keep my portfolio until I'm 60+ 😄
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