This is the second month of this little project I am building out. Here are some details of the top 10 holdings in my portfolio (by market value). This is not an investment recommendation…
As I’ve discussed, when on the Millionaires Unveiled Podcast I did last October, I have a large chunk of my net worth tied up in a concentrated number of holdings (you listened to it right). More specifically, my top 10 holdings makes up 44% of my net worth (which will be updated in a couple days).
One question I was asked is “does it concern me to have so much equity tied up in a few positions?” My response was something to the effect of no, I feel I am diversified enough in my holdings that I don’t see a need to own hundreds of stocks like a mutual fund or ETF would hold.
The markets are a random walk. There have literally been test where monkeys throw darts at ticker symbols in a newspaper and can outperform an actual stockbroker.
Lets take a look at the top 10. You’ll see a few common themes. For the most part, there are no surprise holdings. Companies like MO, XOM, KO, JNJ are your basic holdings common in many large cap fund. While DE and CLX are pretty much also household names. These holdings provide stable and consistently growing dividend income for me to live off.
Some of my more “oddball” holdings that you’re probably scratching your head are WWE, CME, MPC and TTWO. These holdings didn’t ever initially start out as my largest holdings, they just kind of grew like crazy to get too that point. And ironically, these are some of my highest performers in my portfolio, and while not necessary dividend growth investments (excluding MPC and CME), have provided crazy capital appreciation. WWE has continued it’s amazing run, growing 25.79% this month alone and moving up to my second largest holding.
When looking at the sectors, the top 10 holdings are spread across consumer staples, consumer discretionary, energy, financials, and industrials. There is a lack of tech in my top 10, but some of those holdings are just outside the top 10.
While I am not an active trader, or a passive index investor, my portfolio ties closely to benchmarks like the S&P500, but the differences from some of the more oddball holdings gives an opportunity for outperforming the benchmark. Sometimes it works for me, sometimes against. This month it definitely helped.
So what do you think. Was this what you expected to see from a million dollar portfolio? Would having that high of a concentration of a portfolio in a small number of holdings concern you? What other content would you like to see added to the spreadsheet?Follow me on the social medias:
doxycycline doryx http://doxycycline.zolftgenwell.org/
what is tinder , what is tinder
tadora 20 side effects https://tadalisxs.com/ tadalafil prescription
hydroxychloroquine 300 mg https://hhydroxychloroquine.com/
generic cialis us pharmacy https://cialis.stdstory.com/
My partner and I absolutely love your blog and find many of your post’s to
be just what I’m looking for. Would you offer guest writers to write content for you personally?
I wouldn’t mind creating a post or elaborating
on a lot of the subjects you write regarding here.
Again, awesome web log!
Onuityl http://withouthims.com viagra with dapoxetine over the counter
http://viawithoutdctrs.com viagra price
http://gabenhim.com neurontin brand name
Hi! I’ve been following your weblog for some time now and finally got the bravery to go ahead and give you a shout out
from Porter Tx! Just wanted to say keep up the good job!
effects of sunstroke lisbon health department
Very nice post. I just stumbled upon your blog and wished to
say that I have truly enjoyed browsing your blog posts.
In any case I will be subscribing to your rss feed and I hope you write again very
soon! scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery
Avyjndp http://www.ivermectinplls.com/ stromectol