My Portfolio Review November 2019

Another month has quickly gone by and it is time for my monthly portfolio review, this time for November 2019. Let’s get straight into it:

Apple (APPL) – 10.19%

Cisco (CSCO) – 6.22%

Royal Dutch Shell (RSB.B) – 5.94%

AT&T (T) – 5.02%

Abbvie (ABBV) – 5.01%

Unilever (UN) – 4.72%

Bank of America (BAC) – 4.56%

Vanguard Emerging Markets ETF (VFEM) – 4.48%

Caterpillar (CAT) – 4.35%

Qualcomm (QCOM) – 3.75%

Pfizer (PFE) – 3.63%

Vanguard US Corporate Bond ETF (VUCP) – 2.93%

Cash and Cash Eqvuivalents – 39.19%

New Positions

  • Qualcomm (QCOM)

I opened a new position in Qualcomm at around $75/share. The price has run up very rapidly after that and I didn’t have the chance to add to my position. On the other hand I am up almost 20% in less than a month on that position, so not complaining that much.

But I will be very happy to make Qualcomm a bit bigger part of my portfolio as I see them as a very solid company that provides both dividend income and growth.

Interesting fact that I was really close to opening a position with Qualcomm a couple months back when they were trading at around $50/share. A couple of days later the stock exploded after the settlement with Apple took place. A couple of months later a price of around $75 seemed fair to me to start my position.

The things I like with the company is that first they are the leaders in 5G development and they are expected to generate a lot of free cashflow in the coming years.

More and more devices are going to be connected to the internet in the future and most of them are going to require different kinds of chips. Qualcomm is the leader in big part of those chips.

As far as metrics are concerned I like the fact that QCOM had a p/eg ratio of less than 1, or 0.75 to be specific. Also a dividend around 3% is nice, and a strong dividend growth of around 10% for the last 5 years.

As for negatives their payout ratio is a bit on the higher side for my taste with around 60%. What I like though is that they have stopped raising the dividend since last year and will maybe slow down the dividend increases for a while until they finish their heavy investments into 5G.

  • Adding To Existing Positions (CSCO,VFEM,RDS.B)

I have added a couple of shares to my existing positions in Cisco, Shell and the emerging markets ETF.

I have done that for one main reason – all three of them have been slightly down since I bought them and I have used the situation to increase my positions. I also wanted to increase my dividend income a bit more and all of those 3 positions provide very nice yields.

My Plans For The Month

  • Sit Back and Relax (Observe)

It has been a long year for me (more in-depth article coming soon) and I honestly feel pretty good about my portfolio at the moment. Managed to reduce my cash position to a reasonable level (I need some cash on hand for different reasons). I am also considering removing the cash position from my portfolio review as this is going to be more of an emergency fund from now on than a cash position for my portfolio.

Other than that I managed to open a good amount of long-term positions and my portfolio has been shaping up nicely so far. Of course there are a lot more stocks that I want to have in it, but this month has been a good checkpoint for me to just analyse everything and make a plan for the upcoming year.

That is why this month I will mostly focus on my studies and will hopefully have some time to finish some of the articles I wanted to write for you guys. And, of course, are there any good deals in the stock market, I will be the first one to take notice.

Conclusion

Overall It was a pretty good month for me – increased my positions, opened a new one and overall happy about my holdings. Things have been going well on personal level as well, hope things are also going well with you guys as well.

Hope you found the review interesting and thank you all for reading. Don’t forget to subscribe if you want to stay updated on upcoming articles.

Full Disclosure : I am/ we are long AAPL, UN, T, BAC, PFE, ABBV, CAT, RDS.B, VFEM, VUCP, CSCO, QCOM

Additional Disclosure : This article is meant to identify an idea for further research and analysis and should not be taken as a recommendation to invest. It does not provide individualized advice or recommendations for any specific reader. Also note that I may not cover all relevant risks related to the ideas presented in the article.

Readers should conduct their own due dilligence and carefully consider their own invesing objectives, risk tolerance, time horizon, tax situation, liquidity needs and concentration levels. I am not a financial advisor and this article is for educational and personal accountability reasons only.