dimanche 31 décembre 2023

Penetrator's portfolio performance in 2023

Yes indeed, 2023 is already over: A year full of fun, sadness, despair, hope, shit, travels and many more. A year full of mixed emotions and my lowest contribution to this site since I don't know when. Maybe I should just take a look at the right bar of the menu of my blog to know since when. 

For my portfolio, it's been the best year ever. The portfolio is up 45%.  

The S&P did exaclty half of that: 22,4%. 

When you own a considerable portfolio, that kind of performance makes a huge difference. 

However, during the last days, I reduced some positions because the stock market is at an all-time high and experience has told me that it's always wise to have a lot of cash left when the market is high. 

It may take 2, 6 or 9 months, but the stock market will go down by at least 10% sooner or later and many stocks wil go down even more than that during that period because the same news don't have the same effect on every stock.

And it's always during these periods that it's time to buy stocks. You can go wrong when you buy a specific stock that goes down but you can't go wrong when your favorite stock goes down along with the market. 

So, I'll start 2024 with a cash position of 8.8% of my total portfolio. That's not super high but that's gonna be enough to benefit from what god will offer me. Yes, god, the non-existent creature that lives nowhere. 

Penetrator: Absent but performing. 

mercredi 27 décembre 2023

Picks for 2024

Of course, this blog has been let down in 2023. But, I'm still there even if many people are probably gone. It's OK, I didn't know them anyway. 

What are your picks for 2024?

Limit of 5 picks per person, please! 

I'll go with 5 stocks I own because I don't see why I should recommend stocks that are not good enough for me:

1- Parker Hannifin (PH)

2- Microsoft (MSFT)

3- Google (GOOG)

4- Constellation Software (CSU.TO)

5- Stella Jones (SJ.TO)

dimanche 10 décembre 2023

Glamour and anxiety

As a blogger, this year has probably been my laziest year. I feel that inspiration will be back one day or another but, so far, I feel like I don't have anything to say. 

2023 has been a very good year on the investment level. My portfolio's performance has been so far almost 150% superior to the performance of S&P500. But the year isn't over yet and anything could happen. 

This year, I've diversified my portfolio. I used to own a lot of big positions in big tech names (Amazon, Alphabet, Meta, Microsoft..) but I felt that it became too concentrated on a single sector so I bought some other kind of companies like Grainger and Parker Hannifin, both great companies in the industrial sector. And I feel like it's been a good idea because these new stocks did well and made my portfolio more balanced. 

I've reached a very important milestone in november with my portfolio. That level was for me the official "anything could happen now, I'd be safe financially".  And now, I feel like all my earnings related to my job can be spent because saving them doesn't make a big difference. 

To manage to get there, I have to declare that I drive the same car since 2010. Very little glamour but very little financial anxiety too.