The time has come for my monthly portfolio update. At the end of every month, I will update my portfolio and comment on any changes. I do that for accountability and also so you may glean some ideas on how I allocate my capital. You have the opportunity to learn from what I do well so you can do the same, as well as what I do poorly, so you will not have to repeat my mistakes.
Follow my real-time portfolio here. Below is a snapshot of my stocks and ETFs portfolio as of 3/31/18:
My transactions in March are as follows:
Purchases
The stock market continued to remain volatile this month and I stayed busy buying stocks, believing this correction to be short-lived. I took the opportunity to load up on quality stocks near 52-week low, to include AYI, CVS, IMBBY, GIS, CELG, SNY. European stocks remain good value relative to US stocks. Healthcare stocks are still attractively priced.
Timing was sub-optimal this month, as the purchases I made this month are down 1.75% of cost by the end of the month; however, this was better than the S&P500's return of -2.54% this month.
Sales
Reduction in BF.B was forced by a 5 for 4 split leading to sale of fractional shares. BIVV acquisition was completed. I sold 100 shares of SQQQ short as the market dropped, but then it dropped some more; I should have waited to sell at a higher price.
Overall my transactions this month are down 3.33% of $8,884.30 net cash inflow.
Here is how my assets, liabilities, and net worth have changed over the past month:
The main highlight this month is that I bought my first home for $40,000 all cash, which will henceforth show up as long-term (non-current) asset. Last time I checked Zillow the estimated value is $44,061, as reported above. The estimate might be a bit generous to be honest, though it is a pretty nice home, more than twice the size of my old apartment.
Otherwise, this was a so-so month for me, as I saw my net worth increased 0.38% to $1,220,291.31, due to net cash inflow (0.77%), partially offset by investment loss (-0.39%).
Below is a chart of my net worth since I started tracking on a monthly basis:
My monthly performance against the S&P 500 is shown below:
I lost less than the S&P500 this month, thanks to being underweight to FAANG stocks, propelling me ahead of the index YTD. I hope FANNG stocks continue to get defanged and allow me to beat the index solidly this year.
Thanks for reading!
Follow my real-time portfolio here. Below is a snapshot of my stocks and ETFs portfolio as of 3/31/18:
My transactions in March are as follows:
Purchases
The stock market continued to remain volatile this month and I stayed busy buying stocks, believing this correction to be short-lived. I took the opportunity to load up on quality stocks near 52-week low, to include AYI, CVS, IMBBY, GIS, CELG, SNY. European stocks remain good value relative to US stocks. Healthcare stocks are still attractively priced.
Timing was sub-optimal this month, as the purchases I made this month are down 1.75% of cost by the end of the month; however, this was better than the S&P500's return of -2.54% this month.
Sales
Reduction in BF.B was forced by a 5 for 4 split leading to sale of fractional shares. BIVV acquisition was completed. I sold 100 shares of SQQQ short as the market dropped, but then it dropped some more; I should have waited to sell at a higher price.
Overall my transactions this month are down 3.33% of $8,884.30 net cash inflow.
Here is how my assets, liabilities, and net worth have changed over the past month:
The main highlight this month is that I bought my first home for $40,000 all cash, which will henceforth show up as long-term (non-current) asset. Last time I checked Zillow the estimated value is $44,061, as reported above. The estimate might be a bit generous to be honest, though it is a pretty nice home, more than twice the size of my old apartment.
Otherwise, this was a so-so month for me, as I saw my net worth increased 0.38% to $1,220,291.31, due to net cash inflow (0.77%), partially offset by investment loss (-0.39%).
Below is a chart of my net worth since I started tracking on a monthly basis:
My monthly performance against the S&P 500 is shown below:
I lost less than the S&P500 this month, thanks to being underweight to FAANG stocks, propelling me ahead of the index YTD. I hope FANNG stocks continue to get defanged and allow me to beat the index solidly this year.
Thanks for reading!
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