This post is done twice a year to see how balanced or unbalanced my portfolio is. It is fun to see what the difference is every 6 months and in the end all things will work out as I add more money.
You can see the difference and the reason for the drop in reits is I sold OHI which was a larger postion but all the other sells have had minimal impact. going forward the plan is to buy bargains no matter what sector.
How does your sectors stack up?
June is past and we are streaming into the second half of the year. For the midyear review we are going to look at how balanced or unbalanced my portfolio is. This does include mutual funds or ETFs which i have 1.
As you can see a big difference not only in total amount but some of the sectors. I was gifted a lot of stock about $33,000 from my mom so that is where the main difference comes from. Selling of UVE a financial stock and adding it to T is the what makes up the differences between Financial and Telecoms. While I would like consumer goods to get out in front that wont happen over night and i will continue to add good companies at good to great prices as i see fit.
How is your portfolio balance?
We are going to look at the diversification of my dividend paying stocks and see where i need to go. Of course i am not going to just buy a stock to buy a stock but if one is close to being a good deal i will buy it. The goal of diversification is to help ward off dividend cuts and such. Lots of people instantly sell on dividend cuts but i think its a case by case look at each cut when it happens. Continue reading “Account diversfication”