My Top 10 Holdings For December 2018

This is the 8th 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 in October 2017, 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 44.36% of my net worth.

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 funds. While PG 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, 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 necessarily dividend growth investments (excluding CME), have provided crazy capital appreciation.  The 3 above stocks were also some of the major standouts for all of 2018, again.

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 (MSFT at #12).

For the month, there were quite a few shake ups in the top 10.  PM dropped out of the top ten, down to #11.  WWE maintained it’s position at the top of the portfolio and was the only major holding of mine to squeeze out a gain.  JNJ tumbled 1 day over 10%, because baby powder is apparently bad for you.  XOM continues to decline on low oil prices and really needs a war to break out in the Middle East.  And PG regained it’s rank amongst my top 10, well because everything pretty much sucked for the month and they sucked less than most.

Last month after wrapping up November, I wrote this: “What does concern me though is looking at some of my staples.  Consumer Staples really outperformed.  Seeing KO, CLX, (PG at #11 and KMB further down the list), and even JNJ perform so well in a month sets off an alarm to me that investors are looking to safety given the crazy volatility in the last 2 months.  This is good for me as an investor already holding these positions, but I do worry when the street floods in.  Is weakness in the economy on the way finally?  We definitely need a catalyst for growth as the economy is beyond the definition of full employment, consumers are carrying greater than pre-recession levels of debts, housing may be showing some signs of slowing down as rates start to creep up and housing prices seem out of reach, the Fed is more foe than friend with their stupid rate policy, and the tariff talks are providing unnecessary head winds.”

And I continued with: “Physics says what goes up, must come down.  The markets have been hot for a while, and there was good reason.  Right now there are too many headwinds.  Hopefully the US/China meeting has something useful come out of it, to provide some sort of good news for the US economy.  We need something.  I don’t think the Federal Reserve has their rate policy right and will do too much too fast to choke the economy.”

We know how December turned out.  It was like being faced with having to take a crap and throw up at the same time, while only having access to 1 toilet…what do you do.  The fed continued to hike rates (unnecessarily), because they want to play a game of who has the bigger dick.  And the US/China trade meeting resulted in a circle jerk between 2 countries trying to show who has the bigger dick (I may be referring to country leaderships or a metaphorical penis).  All these games leads investors stuck in no mans land, with you guessed it…getting a dick up the butt.  There is very little to be excited about in this market.  Fake meetings about making progress, when there shouldn’t have been a tariff war to begin with.  A fed who is anti-growth.  No thanks.

About the only thing going for investing, is looking for a few potential bargain bin plays.  When looking at some yields at some companies, they are getting pretty high.  Look at the yields on companies like T, MO, PM, and XOM (I am long all).  These are all companies with a safe and growing dividend (yielding between 5-7%), significant free cash flows, and trading at low multiples.  I’d even dare to throw GE in as a long term speculative turn around play trading at levels not seen since 2008.

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 helped when looking at my entire portfolio with about a 3% outperformance for December and almost 8% for the year.   That’s a benefit of diversification for a portfolio.

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:

Readers Comments (15)

  1. pills erectile dysfunction pubmtmer buy levitra generic ed meds online without prescription or membership

  2. http://tadalafilfast20.com lowest price tadalafil

  3. pills erectile dysfunction best ed pill
    how to cure ed

  4. viagra without a prescription viagra over the counter walmart
    generic viagra walmart

  5. high blood pressure and cialis the cost of cialis
    cialis cost

  6. online propecia prescription: cheap propecia – finasteride for sale
    cialis pills

  7. cialis 20mg usa: much does cialis cost without insurance buy cialis online generic
    cialis soft tablet

  8. ed prescription drugs canadian pharmacy ltd – bitcoin pharmacy online

  9. free trial viagra canada ingredients in viagra – viagra cheap 100mg

  10. cialis coupon https://cialiswithdapoxetine.com/# – generic cialis

Trackbacks & Pingbacks (86)

  1. keto diet hair loss
  2. cheap stromectol
  3. cost of albuterol tablets
  4. ivermectin 0.5 lotion india
  5. where can i get cialis over the counter
  6. viagra effet
  7. viagra generic drug
  8. ivermectin medicine
  9. stromectol coronavirus
  10. can i buy ventolin over the counter singapore
  11. imask protocol
  12. flccc ivermectin
  13. flccc ivermectin
  14. ivermectin 1% cream generic
  15. ivermectin 50 mg
  16. ivermectin 2mg
  17. price of stromectol
  18. ivermectin tablet price
  19. ivermectin generic name
  20. ivermectin buy australia
  21. ivermectin price uk
  22. buy ivermectin nz
  23. ivermectin price usa
  24. ivermectin online
  25. where can i get ivermectin
  26. where to purchase ivermectin
  27. ivermectin in canada
  28. how to get ivermectina
  29. purchase ivermectin
  30. stromectol for sale
  31. ignition casino for mac
  32. ivermectin ontario
  33. buy viagra online
  34. order generic prednisone 40mg
  35. buy cipla sildalis
  36. tadalafil price walmart
  37. best liquid tadalafil
  38. provigil generic manufacturer
  39. provigil european pharmacy
  40. ivermectin 3 mg tablet dosage
  41. old do u have buy viagra
  42. stromectol coronavirus
  43. cialis by mail
  44. sildenafil rezeptfrei kaufen
  45. ivermectin 250ml
  46. best cialis pill
  47. generic cialis online purchase
  48. medshuku cialis generic
  49. sildenafil citrate
  50. tadalafil generic cost
  51. tadalafil bnf
  52. tadalafil without a doctor prescription
  53. how to order ivermectin online
  54. cheap sildenafil online in usa
  55. how to purchase sildenafil pills
  56. cialis cost 20mg
  57. where can i buy cialis without a prescription
  58. tadalafil otc
  59. prednisone 20mg five days
  60. covid 19 medication
  61. tadalafil walmart
  62. tadalafil and dapoxetine
  63. generic cialis buy uk
  64. tadalafil regular dose
  65. ivermectin 5 mg price
  66. prednisone
  67. viagra kaufen
  68. cialis best price
  69. play real casino games online
  70. cialis online
  71. ivermectin canada
  72. ivermectin lotion price
  73. gambling games online real money
  74. generic for cialis
  75. viagra for sale online usa
  76. tadalafil and dapoxetine
  77. ivermectin for rosacea
  78. ivermectin kaufen schweiz
  79. stromectol walgreens
  80. where to buy ivermectin in canada
  81. tadalafil pills
  82. play luckyland slots real money
  83. ivermectin side effects
  84. ivermectin history
  85. does merck make ivermectin
  86. cialis super active

Comments are closed.

Follow me on the social medias: