Lopazz's Wallet

[birdienumnum]

Lopazz,

nice diversified selection…nothing to complain about…it's a shame however that these titles are at their highest for over a year. That said,
In the long run, it doesn't matter much.

As soon as MCD goes below 85 USD, I'm buying!!!

Ok, I will post my portfolio separately.

birdienumnum

[Lopazz]

And yes, it's a shame that I'm arriving a little late on the market, not only because of the "high" valuations, but also because of the less favorable EUR/USD parity at the moment.

The good news is that as I am doing it gradually, I am "smoothing out" my purchase price: as said above, I intend to invest a total of 100,000 EUR by the end of the year (60,000 left to invest), for a total of 500,000 EUR by the end of 2015.

Stocks to watch: JNJ, PG, K, CVX, PEP, in addition to the rest of the stocks in my portfolio.

[Jerome]

Regarding currency risk, not too much of a worry: most of the values you are talking about protect themselves against a possible fall in the dollar because they "like" to rely on a weak greenback (multinationals with very strong exports and/or raw materials sector)

Regarding the timing, not too much of a problem either because
1) actually by spreading your entry points over time you reduce the risk
2) the market as a whole is a little high, but these stocks have a low beta and are therefore not very sensitive to its variations. This also partly explains why they are trading at a more affordable price from the point of view of the fundamentals of these companies.
3) The history of the price is ultimately of little importance, what matters is the income that can be obtained from a given capital. The current yield of these securities is good.

[Lopazz]

Some news:

+2.35% of latent PV in EUR for the moment (+28.30 EUR of MCD dividend distributed),

… or an annualized performance of 40% to date (lol)

[Lopazz]

4.11 % of latent capital gain to date, on EUR 40,000 invested.

This represents an annualized return of 73.9 %

[Jerome]

Congratulations
It won't last a year like this, but it's always nice!

[Lopazz]

Clear !

The next 20,000 EUR are already in the account, I am waiting for a contraction of the EUR/USD to make the change and reinvest.

[Lopazz]

UP! Here is my portif:

Abbott Laboratories Inc.
64
Clorox Co.
140
Coca-Cola Co.
250
Colgate-Palmolive Company
100
Hormel Foods Corporation
105
Johnson & Johnson Co.
73
Lowe's Companies Inc.
175
McDonald's Corporation
112
Procter & Gamble Co.
150
Wal-Mart Stores Inc.
46

+ 44,373 USD in cash to invest

Initial value 100,000 EUR (stocks + cash)
Current value 101,423 EUR
Annualized performance +13.71TP3Q

Comments: I got a bit ripped off on the exchange, I changed the last 40,000 EUR to USD at 1.22 but finally... we went through 1.24 and we are back at 1.23, the trend remains bearish in my humble opinion.

[birdienumnum]

Very nice wallet! The kind to put on autopilot…

Why don't you have positions in EUR if your reference currency is the EUR? Of course, the situation in Europe is the one we know, but there are some nice values being sold off in my opinion.

A+

birdie

[Jerome]

all this is beautiful!

for the exchange, not too much of a problem... most of your values are "dollar friendly", they like it when the greenback is weak...

even if the market is a little high at the moment I regret not having as much cash as you, because I left a lot of liquid in a real estate purchase… but I will soon be back on stocks, especially since I feel the correction coming soon

A+!

[Lopazz]

Quote from birdienumnum on August 10, 2012, 02:28
Very nice wallet! The kind to put on autopilot…

Why don't you have positions in EUR if your reference currency is the EUR? Of course, the situation in Europe is the one we know, but there are some nice values being sold off in my opinion.

A+

birdie

Since the beginning of June, I have not found any real opportunities on the EUR markets. I missed a bit 15 days ago, the prices were very low and I should have entered but I thought the fall would continue. The stocks that are in my EUR watchlist:

AZN, TSCO, GSK, DG, BN, FP, GSZ, AI, RMS, MC, SW, CS, EI, UL, EAD, DIM, SAN, CO, RAL, and EHX (thanks Jérôme for that last one).

I am waiting for a correction from 10 to 15% to get back in. In the meantime, I have around €600K in euro funds.

If you have any stocks to recommend to me, don't hesitate. I'm not very inspired by the EUR markets...

[Lopazz]

Quote from chroom on August 10, 2012, 20:33
all this is beautiful!

for the exchange, not too much of a problem... most of your values are "dollar friendly", they like it when the greenback is weak...

even if the market is a little high at the moment I regret not having as much cash as you, because I left a lot of liquid in a real estate purchase… but I will soon be back on stocks, especially since I feel the correction coming soon

A+!

THANKS

I am lucky to still have EUR 100,000 available, in addition to these USD 44,000, to invest in the US markets. I hear a lot about a possible "fiscal cliff" after the elections; if the markets fall, I will take advantage of it to inject them. I am impatiently waiting for a KO return on the 75/76 to triple my line, in the purest "Warren Buffett style"

Otherwise, I know that this does not interest you, but gold is doing rather well at the moment (1620 USD/Oz or 42,400 EUR/kg): I think we have not heard the last of it... to my great delight!

[Jerome]

I confirm that gold is not really my thing.
The only way I could consider it one day if necessary is as a hedge against currency risk.
but what bothers me is that it doesn't bring in any cash, unless you invest in mining companies and in this case the stock is too volatile for my taste

that said Lopazz with this capital you generate a lot of income... have you already taken a step in the direction of becoming an annuitant or are you there at 100%?

[Lopazz]

I agree with you at 100%, gold is only good for hedging against the risk of a financial system collapse. Apart from the speculative aspect, that is its only interest. Most people buy it to "sleep easy" and hedge the rest of their assets; in recent years they have clearly not been wrong There is also the "numismatic" interest that can be taken into account, some coins are rather pretty and it is a way of revising your history lessons.

I was seriously thinking about taking it easy (I also have some real estate assets) and going into exile to more lenient skies in terms of wealth taxation, but an extraordinary professional opportunity has just presented itself to me, so I will be re-enlisting for a period of 1 to 3 years. If everything goes as planned, I will be able to increase my assets significantly. After that, I think I will only work for pleasure.

I don't see myself as a rentier at my age (I think you know it) or in the years to come: I want to keep a professional activity in any case, if only to meet interesting people and have an "acceptable" social status.

[Jerome]

It's good not to take your foot off the gas completely. And yes, you are still young indeed!

[Author]

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