I think that will work. Savings plans are good 👍. Wealth accumulation is an endurance sport! It can only be done quickly with luck, and certainly only with perseverance and confidence in choosing the right investments.
UnitedHealth is the largest health insurance provider in the US, a company that has had a great track record over the last years, continually increasing revenue and profit with very few exceptions. So what’s causing the massive selloff of more than 20%? When $UNH reported earnings most figures where within expectations. Yes, the EPS estimate was missed by a percent or so, but does that realistically justify a 20% decline in the stock? I don’t think so, even with reduced expectations for the year (who can blame them in the current market situation), I remain extremely bullish on this company currently trading at a forward P/E ratio of 17 and expected growth of around 10%. This could be a great opportunity to open a position in this industry-leading company, after a in my opinion massively overblown selloff.
The problem is that the outlook has been drastically lowered (more than 10% below expectations) and this is due to high costs. Costs are something that are much more likely to occur than revenues.
At UNH, many had hoped that they, who are zero affected by tariffs etc., would give good forecasts.
Due to the nomination of @Koenigmidas and @Esperanza I'm going to join in. I would have preferred not to. Now I'm annoyed again that all the positions that are well up are only small positions (apart from $ALV (+0,85%) ).
Well, it's not about the position size (therefore hidden).
Thank you @InvestmentPapa for the challenge. It makes you realize that you still exist. 😁👋🏻
The price falls don't affect me that much. I use it to buy more (keyword $UNH (-1,3%) ) and otherwise the dividends continue to flow unhindered. If I don't look at the portfolio, everything feels the same as always. 👍🏻
Do you have to nominate someone? Then I'll take the ETF collector and strategy change master @GoDividend
Otherwise, have a nice rest of the holiday.
Remember: US is open today and it's unlikely to be a green Easter 😅
