3Wk·

Monthly portfolio update - October

My portfolio showed a decline of -2.16% this month. I took advantage of dips in $HAUTO (+1.55%) and $BNP (+1.48%) to add to my positions. I’m invested in $CMCSA (-0.26%) 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 (-2.13%)

CN Railway $CNR (-0.09%)

CIBC $CM (-0.28%)

Chevron $CVX (-0.65%)


On the downside:

Höegh Autoliners $HAUTO (+1.55%)

Novo Nordisk $NOVO B (+1.32%)

UnitedHealth Group $UNH (-0.14%)

Bitcoin $BTC (-2.21%)

Ethereum $ETH (-2.06%)


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.

attachment
10
6 Comments

profile image
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 💹
1
profile image
@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?
profile image
@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+ 😄
1
profile image
Abou 75% into healthcare with 2 stocks is quite risky..
1
profile image
@Jo_Wolf appreciate the insight - sounds like a solid approach.
profile image
@Noord26 you’re right, it’s heavy on healthcare right now.

Those were some of my earliest positions, so they’ve grown quite a bit. I’ve been putting new contributions elsewhere lately, so it should get more balanced with time.

Thanks for the feedback!
Join the conversation