December did not have any changes in the portfolio, simply because of a lack of time and energy, So this month I have double the amount to spend on buying stocks.
This month has been all about expanding positions in stocks that are already in my portfolio. Simply because the company’s remain, in my view buying opportunities.
Another change, I now allocate half of my investment amount to ETF’s which gives me low costs and high global diversification. The other half I will keep investing in my value / dividend investing portfolio. It’s an exercise for me , I am trying too find out which gives me a better return , and I also don’t want to quit the hobby just yet. So half is going to the MSCI world index.
Scientific evidence tells me the ETF will outperform me without any doubt. And maybe loosing this hobby is better for me financially.
Anyway, this month I added to my positions in Unilever, Munich Re and Microsoft. Which where under some pressure at some point in last few months, especially Unilever where experts were underwhelmed with their performance. Just none of those reasons where worrying about the future of the company. Microsoft has done a nice job expanding their cloud products and have found a good model to get the products to the market. Still undervalued as well and for me the target at which Microsoft does get a bit expensive is at 85 to 90 dollar per share.
Last but not least is German insurer Munich Re. Still has not been much of a mover but it’s a very solid company and it keeps rising dividends. Nothing much has changed in the calculations , it’s an easy way to add dividend income to the portfolio.
Coming months will be slightly busy as a move is imminent. More nature and less city , which should be good for me in terms of further recovery.