Our personal portfolios, 04/15/19

Can you name any advisers or market Gurus besides Warren Buffett who publish their personal portfolios? Below, you can see mine as reported by TD Waterhouse yesterday.

I will occasionally publish with comments, our core portfolio and our “fun” portfolio holdings and the activity which took place on Monday. Following holiday Mondays, we will publish this information on Tuesdays.

Rosi has her fun skiing, cycling in the skiing off-season, making muffins, walking our dog, reading, making our travel arrangements and spending time with our grandchildren. She does not have a fun portfolio.

Fun Portfolio

Last week, my cash-secured, uncovered puts on ABBV were assigned and I wound up owning the shares.

Rosi and I are in New Zealand or Tasmania or the Australian mainland or on a cruise ship between them, working to develop Monday Morning Millionaire Program membership. Internet connection is spotty. Since I now own ABBV, I entered a sell order for ABBV calls, expiry date April 18, strike price 81.00 (just out of the money).

The bid/ask spread was $0.71/$0.82 so the estimated total that an investor can expect on this transaction is $US710.00 to $US820.00.

My fun portfolio suffered a serious loss when I committed all of it to ABBV, the underlying, which tanked soon after. Since my fun portfolio makes up only 5% of Rosi’s and my market holdings, it cannot have a major impact overall.  It could, however, come up with an unusually good opportunity which we could apply to our core portfolios.

Core portfolios (all are tax-advantaged)

Following Paul Samuelson’s advice (Samuelson is an economics Nobel laureate) that investing should be like watching paint dry or grass grow, we maintain a 50/50 asset allocation with 50% in a US money market fund (TDB166, now paying 2.24% annually, down from 2.25% last week) and 50% in the Guggenheim S&P 500 Equal Weight ETF (Symbol RSP) with no changes from the previous week. That 50/50 asset allocation equals the market over the course of a market cycle (peak to trough to peak) with half the volatility, that is, half the risk.


Dr. Milan Somborac

The Monday Morning Millionaire Program supports do-it-yourself (DIY) investors which I have been for over 50 years. About my team and me

Schedule Your Free Half-Hour Discussion

Get in touch with us and schedule a free half-hour discussion with Milan.