Originally published January 3, 2021 It is that time of the year -time to review your portfolio. I understand from some of you that it's difficult to do this, especially if you don't take note of your balances on or around January 1. To make it even more difficult, most trading platforms do not provide … Continue reading Review Your Portfolio
Category: Monthly Newsletter
Originally published December 12, 2020 What is Exuberance? Exuberance when your grandma calls you up to tell you about a new IPO (initial public offering) that she just bought. It's when the number of YouTube financial channels starts to grow because enthusiastic investors keep making money on high-flying stock picks and think they are geniuses. … Continue reading What is Exuberance & Why Should You Care?
Originally published November 22, 2020 November is a big month as I have rebalanced the portfolio, and added a couple of new positions all in an effort to set up the portfolio for the next six months. I don't like trading in and out of positions except when rebalancing and prefer to keep things simple … Continue reading Portfolio Update & Rebalancing
Originally published October 13, 2020 Market Call Option Sale I finally sold my market call option with a gain of 38% YTD. The option was a pre-covid strategy to take advantage of a generally stable rising market. It basically returns what the Sp500 returns times 5. If the market went up 1%, then the call … Continue reading The Case for ETFs
Originally published September 15, 2020 During this period I continue to manage risk by swapping out Gilead for United Health Group within my Health Sector group. The main reason for this change is to increase diversification, as all my health sector positions are biopharmas concentrated in drug discovery. At face value, they are all very … Continue reading The Market is Up… Where Next?
Originally published July 22, 2020 I have decided to unwind most of the crash strategy. This week I have made a number of adjustments to lower volatility and make the portfolio more resilient. I am way ahead and there is no reason to get too greedy at this point. I have basically: Rebalanced the portfolio … Continue reading My Cash Strategy
Originally published July 7, 2020 I am starting to unwind a strategy that was designed to take advantage of the crash. This part is difficult because no one has a lot of experience doing this so finding credible strategies on the internet to mimic this is far and few. Nevertheless, the downward part of the … Continue reading A Strategy for the Crash
Originally posted June 6, 2020 As expected, the market meltdown as indicated in my last newsletter never passed 40% on any of the major exchanges and in fact has since rocketed back up in the customary V pattern. This is the very exact reason doing nothing was the best option. It's counter-intuitive but it always … Continue reading Doing Nothing is the Best Option
Originally published March 23, 2020 The market has moved past the usual 20% correction into what many call the bear market territory. I have been trying to understand how to label what is going on and have concluded that this sits somewhere between a bear and a correction. Bear markets are usually slowly drawn out … Continue reading What a Difference a Few Weeks Makes!
Original date published: March 1, 2020 I am getting a lot of questions regarding the effect of the coronavirus on markets. I still stand by my last newsletter that any correction or effect will be short-lived. In fact, I am using this correction to get rid of any excess cash in my portfolio, and so … Continue reading Pandemic Impacts on the Stock Market
Money with Marc 