3Settimana·

Monthly portfolio update - October

My portfolio showed a decline of -2.16% this month. I took advantage of dips in $HAUTO (+2,38%) and $BNP (-0,76%) to add to my positions. I’m invested in $CMCSA (-0,14%) 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 (-1,57%)

CN Railway $CNR (+0,39%)

CIBC $CM (-0,26%)

Chevron $CVX (-0,09%)


On the downside:

Höegh Autoliners $HAUTO (+2,38%)

Novo Nordisk $NOVO B (-1,64%)

UnitedHealth Group $UNH (-0,13%)

Bitcoin $BTC (-1,89%)

Ethereum $ETH (-2,64%)


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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6 Commenti

immagine del profilo
3Settimana
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
immagine del profilo
@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?
immagine del profilo
3Settimana
@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
immagine del profilo
Abou 75% into healthcare with 2 stocks is quite risky..
1
immagine del profilo
@Jo_Wolf appreciate the insight - sounds like a solid approach.
immagine del profilo
@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!
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