The last few weeks have shown me that my portfolio is too cash flow-heavy and that I should focus more on dividend growth and growth stocks again. I have therefore spent the last few days looking at several of my stocks and scrutinizing overlaps, performance and cash flow. The result is a shift of around 10% of the portfolio towards more stability and growth with less risk.
Good and poor underperformers have been removed from the portfolio,
- $SBUX (+0,15 %) Starbucks
- $GLAD (-0,59 %) Gladstone Capital
- $KMB (-1,48 %) Kimberly-Clark
- $KO (-0,72 %) Coca-Cola
Reduced, the super run,
- $CAT (+0 %) Caterpillar (insert completely pulled out)
New additions to the portfolio are the stocks that are currently very attractively valued in my opinion,
- $REL (-0,46 %) Relx
- $SPGI (-2,43 %) S&P Global
Stable stocks with potential for outperformance were added,
- $MCD (-3,22 %) McDonalds
- $PEP (-1,85 %) PepsiCo
- $AMGN (+0,22 %) Amgen
- $ARCC (-0,25 %) Ares Capital
Overall, I have reduced the number of positions somewhat, eliminated underperformers and at the same time shifted into stability and growth.
I feel very comfortable with this adjustment and will keep a close eye on what further adjustment potential I find in my portfolio.
In addition, I'm keeping around 10k dry in case things go downhill again if peace between the USA and Iran doesn't materialize after all... I have serious doubts that this will work out.