Heads Up, 2020 Portfolio!
“The best stock to buy is one you already own."
- Peter Lynch
The Portfolio
Year-To-Date the portfolio is up over +28%.
Our benchmark index, the S&P 500 is up over +29% YTD.
If you're an investor looking for diversification and growth, and you'd like to know more about the way I build a portfolio; please feel free to email me. clay@claybaker.com
The 2020 Portfolio
This is a heads up as I'm preparing the new portfolio for 2020. In previous years I have sold everything and restarted with roughly $100,000 giving no credit to past years performance. This year we'll do it a bit differently and run this portfolio the way you would at home. I will sell some stocks, hold some stocks and add a few new names. The new names may surprise you.
The current portfolio holds 30 stocks, one total stock market index fund and a Gold ETF. I would love to consolidate this portfolio to just 10-20 stocks, but we have almost 20 stocks that I'd like to keep for at least another year. That's a high quality problem.
Keep Me Honest
After the 2020 portfolio goes up I'll focus on the Keep Me Honest portion of the blog. This is where I track my predictions through out the year, memorialize them at the bottom of every post and then review my predictions to see where I was right, wrong. It's not enough to track the markets and the economy, I think it's only fair to my readers that I track myself as well.
"Markets don't go to zero, Portfolio's do.
Buy quality, be patient...and look twice for motorcycles."
- Clay Baker
Stay Invested,
Clay
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Keep Me Honest
S&P 500 declines to 2,350 or more (1-3-2019)
Healthcare and Biotech sectors outperform (1-3-2019)
S&P reaches 3,000 by year end (1-11-2019)
CSCO reaches $60/share (1-18-2019)
VEEV reaches $145/share (2-14-2019) (achieved $145.23 on 5-10-2019)
CVS reaches $91.50 (2-27-2019)
Bull market takes another leg up (4-7-2019)
The Fed will lower rates 1-2 times (5-13-2019)
Clay's Rules
Rule #1: Don't lose money
Rule #3: Portfolios go to zero, markets don't, Stay Invested
Rule #4: When a good stock you own drops 10% below your cost basis, add shares
Rule #5: Bull markets aren't sustained without the Transports
Rule #6: When Forward P/E is lower than TTM P/E, expect earnings to increase
Rule #7: When an investment bank sells below book value, buy it
Rule #8: Tips are for waiters. Do your own homework.
Rule #9: Don't sell a stock because you're bored with it. Do your own homework.
Disclosure: I am personally invested long in some or all of these stocks or funds that appear in the Stay Invested portfolio and may purchase or sell shares within the next 72 hours. I am also invested in other stocks and funds that do not appear in the Stay Invested portfolio but may be mentioned or related to this article. It is not my intention to advise or encourage the purchase or sale of any security. I am invested long in these securities mentioned in this post:
HD, AMRN, BSTC, CVS, CSCO, VEEV, STZ, AMZN, NVDA, BCRX, GS, BDSI, VEEV, VTI, GLD, HD, AWR, XLNX, MRVL, NBRV
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. This article is not intended to offer investing advice, guarantee 100% accurate predictions, or to be interpreted as providing a personal recommendation.
