Hump Day -- Wow, What A Slow Day -- Not Much To Write About -- May 31, 2023

NOTE: this post is "out of chronological order." Note the date.

Locator: 44803SC.
Locator: 44803INV.

With regard to investing, some highlights:

• I started investing in 1984
• once my foundation (steady job, emergency savings, whole life insurance) was set, I started investing
• first investment: a no-load mutual fund, 20th Century, now American Century
• second investment: two more no-load mutual funds, a Vanguard fund and a Mutual Shares fund
• I fully funded all tax-avoidance investments, retirement funds first
• my first stand-alone equity: Burlington Northern Railroad (subsequently bought by BRK)
• second, San Diego Gas and Oil (?) ---> SRE
  
• I took investing very seriously, took several courses; didn't follow the market particularly closely
• because of the blog, I have gotten much better with regard to discipline
• discipline: developing a strategy, and executing that strategy (fairly) religiously
• "The Next Big Thing" -- started that "column no March 21, 2013, based on Netflix:
• trading at $25.90 that day
• high: $683 before the "crash
• today: $392
• for the record, I never invested in Netflix; it did not meet my criteria
  
• the second stock was AAPL -- on/about November 22, 2020
• it was about that time I added a new column for the blog: a column on semiconductor chips
• from, there, the third stock, TSM, January 11, 2021
• the fourth stock I highlighted: Devon -- August 7, 2021
• for me, Devon was a big, big deal
• the summer of 2021 was perhaps the most important period in my investing career
• I had plenty of time on the balcony of my sister's house overlooking Flathead Lake to research and reflect
• that's when I "discovered" Devon
• I "discovered" TSM slightly earlier but, again, it was the summer of 2021, that TSM became a huge deal for me
• from the summer of 2021 on, I began concentration on semiconductor chips, making that my #2 interest after my #1 interest, crude oil
• one can follow that history at this post.
• original post: November 22, 2020
• updates through today
• And this is where it gets interesting
• a year or so ago, and popping up over the years, the controversy of elected politicos investing in the market
• I've never had any problem with politicians investing in the market as long as the trades were / are publicized
• exhibit A, from the blog, Chips, semiconductor: link here:

July 15, 2022: Nancy Pelosi "revealed": a new multi-million dollar investment in Nvidia.

• On or about that date, I started investing in NVDA hand-over-fist as they say.
• July 15, 2022: $157.62
• today: $392.19
• thank you, Ms Pelosi
• Current investment strategy with regard to equities:
• I have the same philosophy as Motley Fool (will post later)
• I have a rolling 30-year investment horizon
• "rolling": each day I wake up, the thirty-year horizon extends one more day; the 30-year horizon does not end;
• I generally invest (add to my positions); I seldom sell (one exception: I use ATT as a place to park money for three to six months)
• my new money allocation is divided into several buckets; the percentages of those buckets will change over time
• e.g., earlier this year I had five buckets for "new money" that was invested
  
• 40%: large cap; generally must pay a dividend
• 30%: oil
• 20%: beat down tech, to include copper
• 5%: Daimler truck
• 5%: Big Pharma
• today:
• 50%: large cap; generally must pay a dividend
• 40%: transition; on hold
• 5%: Daimler truck
• 5%: Big Pharma
• today/transition:
• I am done with crude oil. I no longer add "new money" to crude oil.
• I am temporarily done with technology with one possible exception.
• which presents a quandary. What goes into that that second bucket, a huge bucket -- 40% of new money?
• that's a rhetorical question; I'm not looking for advice
• although having said that, I have to thank one reader -- who I believe has written me only once in ten years of blogging -- for giving me a recommendation regarding a tech stock
  
• I'm hoping I can replicate the summer of 2023 with my summer of 2021 with regard to investing
  
• we'll see 
• I'm leaning toward a particular company that crosses several disciplines
• big cap, tech, not semiconductor or AI, per se; does not pay a dividend (goes against my general investment philosophy but it's a not a deal-breaker
• 20% of "new money" could go there
• the other 20%? half in Big Pharma, research; half in Big Pharma, retail?

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Motley Fool investing philosophy, link here.