Wow… October brings a great stock exchange sale.
When is the best time to buy shares? When you have cash in your long term savings plan.
Which stock should I buy? Base your decision using an objective decision tool like the 2019 stock allocation.
I have already completed my October stock shopping. I will be back at it again in November. I hope the sale lasts for a while and even gets better.
Until next month,
Last week, the S&P 500 index managers decided to move several stocks from both the technology and the discretionary consumption sectors to the newly renamed communication sector. This change involves 24 stocks. On this list, are big names like Alphabet, Facebook and Walt Disney.
All this to let you know that my 2018 stock allocation tool has been adjusted to reflect theses changes ahead of my normal year end update. The bottom line, more money now goes into the communication sector and less money goes to the both the technology and discretionary consumption sectors.
Therefore, to help you and I make investing decisions; I’ve uploaded and posted my Stock allocation tool for 2019.
—————————————————————————————————————————————–With the changes taking place in the stock allocation tool, I now have my eyes on buying shares of Walt Disney in the communication sector. Its dividend increases regularly, and more importantly to me, I really enjoy its movies and would be proud to be associated with the name.
By the way, my other communication stock holding are AT&T (T-N) and Telus (T-T).
During the month of September I sold some shares of Pepsi (PEP-N). The basic consumption sector in my portfolio and more precisely this stock was getting too high in value. With these funds added to the dividends I received, I added to my shareholdings of Novo Nordisk (NVO-N) in the health sector and Trans Continental (TCL.A-T) in the discretionary consumption sector.
Until next month,
Over the month of July, my tech and healthcare stocks increased in price. So much so that my stock allocation was telling me that my portfolio’s share of these two sectors was above their targets. Therefore, I sold some shares of Microsoft (MSFT-Q), Tecsys (TCS-T) and Novo Nordisk (NVO-N).
I ploughed the proceeds into sectors that were below my portfolio’s targets. Therefore, I added to the following sectors that were below my sector targets:
– Magna (MG-T) Industrial
– AT&T (T-N) Telecom
– Allied Properties (AP.UN-T) REIT
– Helmerich & Payne (HP-N) Energy
– Mcdonalds (MCD-N) Consumer discretionary
– Nutrien (NTR-T) Material
– TD Bank (TD-T) Finance
With the PCC model portfolio I use, it is easy to sell high and buy low!
Note that these stocks are not recommendations. They are stocks that I have held for many years.
Please select stocks that meet your criteria. You are welcomed to use my asset allocation and stock allocation tables to build your portfolio.
Note that I’ve added a button to allow donations to pay for my blog’s expenses and my time.
Until next time,