Every second Friday of every month I do a review of my investing portfolio to capture performance, reflect on market conditions, and highlight any re-balancing or changes in strategy.
- January 10th 2020
- Target: $1,100,000
- Current Balance: $690,000
- Remaining: $410,000
What happened this past month? This recent bull leg marched well into January 2020 and packed a punch. Since I started tracking my portfolio on 11/15 my portfolio as appreciated by 86k. This past month alone added 60k. This was despite the geo-political shit storm that centered around Iran. In case you’ve been living under a rock, a major Iranian political/military figure was assassinated just a few days ago and the Iranian state retaliated via rocket attacks on US military bases. I do not want to politicize this blog but I need consider the geo-political situation to protect my strategy.
What do I do moving forward? The December 2019 jobs report was mildly disappointing and I don’t think we are completely out of the woods with Iran. Oil prices have shot up and this can have ripple effects into the macro-economic environment. I am anticipating an increased amount of volatility as the Iran situation de-escalates and Phase 2 of the China trade deal starts to come into the picture.
I do not plan on re-balancing my portfolio at the moment.
In terms of purchases, I plan on buying at my regularly schedule intervals and adding free cash beyond that to my cash/gold hedge positions. My cash/gold hedge is ready to buy into volatility Also, I have small low risk options plays open that are generating extra cash.
Overview of Current Positions
- Positions
- Mutual Funds
- FXAIX
- VTSNX
- VFFX
- BSMAX
- Individual Stocks
- Large Holdings (>30k)
- AMD
- AMZN
- BRK.B
- GOOGL
- MSFT
- V
- WM
- Medium Holdings (<30k)
- VZ
- UBER
- O
- LYFT
- BABA
- SCHW
- GLDM
- TSLA
- Large Holdings (>30k)
- Open Options Postions
- Uber Put
- VZ Credit Spread
- Lyft Covered Call
- Uber Covered Call
- O Covered Call
- Mutual Funds
Pado Pado 