Novice looking for thoughts/critiques on my current real-life portfolio...
Let me start by providing some context regarding my goals and background...
I don't plan on withdrawing anything from my brokerage account for at least 30 years (barring emergency). I don't have any dependents or any debt, so at this stage in my life I can tolerate a pretty decent amount of risk.
That being said, I'm not working with much money... so every dollar counts. I struggle to save $100 a month. I work part-time at a warehouse, and make the rest of my income as a musician.
When I first started investing 2 years ago, it was with $500. Now I'm up to a humble $4000 and currently sit at a 14% overall return. My goal is to stay above 12% for the duration of my career as an investor.
I am primarily interested in long-term growth and value, and also dividend paying stocks. I want to stay diversified across several industries and markets (including internationally).
Here are my current holdings:
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BASIC STRATEGIES regarding each of my positions:
Acitivision Entertainment/Tech play. I plan to keep a close eye on industry/company related news and adjust my holdings accordingly.
Wisdom Tree India Earnings Fund International growth play. I plan to D.C.A. on this one for several years, while keeping a close eye on news from India and the surrounding region. I will adjust my holdings if needed.
General Electric Picked this one up at a great price. This is my blue-chip/stability play. The dividend isn't great, and I don't plan on buying more... but I'm content to hold on to what I've got until the economy recovers. I will sell once the share price hits between $25 and $30.
Genoptix Medical play. Very solid company. I've been in-and-out with great luck once before. I recently got back in at a great price... and I plan on holding until the share price reaches somewhere near the $40 range.
Intel The first stock I ever bought. Holding until I get back into the green. Enjoying the dividends in the meantime. Hoping to free this money up soon and reinvest it in something with higher growth potential.
Innophos Holdings Growth, value, and a great dividend! This is one of my favorites... I would like to hold on for another year or so, but will pay close attention to company/industry news and adjust my holdings accordingly.
KAR Auction Services Even though they're new to the market, I know a lot about this company and feel strongly that they will continue doing good business for many years to come. That being said, this is still somewhat of a speculatory pick for me... and one I have fun with because my best friend works in their accounting department. So I get all the dirt straight from the source! I plan to hang on to a small amount for as long as my friend continues to work there, but will adjust my holdings in an intelligent way as needed.
Linn Energy Utility with a great dividend. I plan to D.C.A. over the next few years while keeping a close eye on industry/company news. The solid dividend allows me to take a greater short-term loss without feeling pressure to sell... but I will still adjust my holdings as needed.
Templeton Emerging Markets This is my attempt at combining international exposure with exposure to the bond market . It's an ETF which focuses on debt in emerging markets. The dividend is great! I plan to DCA once or twice a year for the next few years.
Neutral Tandem A tech/communications play. This is a solid company which I believe has been beaten down by irrational fear. This will be the main focus of my D.C.A. strategy over the next 3 months. I would like to reach about a 30% profit within the next two years, at which point I will sell.
I'm very curious to hear any thoughts, ideas, opinions, etc... you might have on this portfolio and my general strategies. I'm still very new at this. I know I've got a lot to learn.
I've got thick skin... so if you think I'm going about things in a completely idiotic or ill-informed manner... PLEASE DON'T HESITATE TO SAY SO!!!
Thank you so much for your time and have a great week!
Special thanks to Danielthebear for teaching me how to use color and pictures and all the fixins! If you would like to do the same... read his blog here
p.s.-more blogs on the Intelligent Investor soon!