My Portfolio: 22Q2

This issue of Peek Into My Portfolio is a summary of my financial situation for the 2022 Q2. If there is something you want to know feel free to ask in the comments.

Inflation

Welcome to the new quarter, not much change regarding inflation, except it increased then "stabilized". CA Governor Newsom has proposed a $400 gas cards to ease the pain at the pump, along with other proposals; but nothing has come. Maybe he's waiting for Biden to pass it on a federal level. With inflation the highest it's been in decades, bonds and interest rates are still in the spotlight. Reminder now is definitely the time to pay down debts or restructure them to pay less or pay faster. I recently mentioned I got into a car accident and totalled my car.

Portfolio/ Investments

Last quarter I exited out of: YYY & AMAT; and added, KBR, EMLC, MGR, NEE, & DG. Stocks I was watching: CBON, GOLD, RTX, PNGAY, EMLC, KBWD, GM, and ADDYY.

This quarter I exited out of: AAL, SFTBY, DISH, & OGE; sold shares in XLU, & SCCO; and added, GM, PNGAY, EADSY, CMCSA, CMF, NEE, KBWD, SBUX, AAPL, DG, CGW, EMLC, BYFC, T, WBD, ETH, DPSGY, SCCO, TOLZ, LAZ, ALLY, NEE, DIS, UL, TGT, AXP, and OHI. Stocks I am watching: KO, STWD, XLU, F, RTX, GOLD, WBD, CMF, KBR, CGW, SYF, BYFC, and LAZ. I know I said I wasn't going to be adding to my positions and would focus on debt payments, many of these orders were placed a while ago and others were me consolidating positions. Post Covid a lot of the favs no longer offer dividends. Thinking it's only right to consolidate, because I have a lot of stocks that are in the same field. For example, I sold AAL and bought EADSY, sold DISH and bought CMCSA & T; sold OGE and bought XLU, and sold SFTBY and bought LAZ.

Top 10 Allstars

Q1 Tickers: SCCO, AXP, XLU, MRK, GOLD, SPGM, TOLZ, CMF, AGM, & CBON.

Current: MRK, AXP, CMF, TOLZ, SCCO, CGW, AGM, CBON, SPGM, & GOLD.

I really changed my focus to dividend income and that really tells in this list. From this list I already guess: medical/ pharma is back on the rise. State bonds and infrastructure projects are green lit, shortages will continue in tech chips and renewable energy. Sidenote, BAM, DPSGY, DIS & VZ really got knocked around by the bear market.

Top Picks

Q1 Tickers: AXP, MSFT, & SCCO

Current: AXP, VICI, MSFT

I'm proud that American Express is still hanging on to that top spot even though I rarely add to my position. The stock does so well I probably won't be able to touch a whole share of that unless they do another stock split. Within the portfolio, real estate has quickly pushed out copper, inflation and supply chain issues are likely to be the reason.

Worst Performers

Q1 Tickers: HOOD, SOFI, AAL, BYFC, SFTBY.

Current Tickers: HOOD, SOFI, SCCO, CGW, & SIX.

Finally sold my position in American Airlines (AAL) & SoftBank (SFTBY), no longer allowing those stocks to bleed out. AT&T (T) & UBER are close to making this list, and soon I'll be looking into selling my position in Uber as well. HOOD, and SOFI are two stocks I placed huge bets with and will be riding it out. CGW & SCCO doesn't belong in the group in my opinion, but they were hit pretty hard by the sell off. I'm very interested in SCCO, the stock went from best performer to worst performer. What I'm getting from this group is; to watch out for commodity prices, water and in turn agriculture will be affected. Retail investing is struggling, probably hit by record inflation and consumer finance is suffering likely due to raising rates. The reopening is shaky, and people aren't gathering at amusement parks. Lastly, supply chains are troubled and gold, oil, & the dollar are in a restructuring struggle due to international/ global reasons.

W.E.S. Rose

During the quarter, it looked like we would have to save the anchor from the market downturn. The real question is what the best way to do that? Because I personally would rather not double down on the stocks and whatnot if they're just going to continue to sink, and since no one can actually call a bottom, I would have to find a way to reinvest and fortify a guaranteed decent return.

The current price of the ticket is dropping, due to being tied to the total of each individual stock that makes up the fund. I don't mind the ticket price being cheaper, but the stocks' price also affects the annual income of the Rose, which then effects the distribution amounts and frequency. As of May 1st, out of 9 of the holdings 4 are in the red. As of June 30th, 5 holdings are in the red, resulting in the entire portfolio being down almost 2%. To solidify the dividend payout, each quarter W.E.S will set aside the amount of the dividend into a dedicated account. With the market downturn, almost half of the portfolio is in cash or liquid assets, which is probably keeping the portfolio afloat.

In Conclusion

We're all praying for turnaround at the end of the quarter. Thinking May 12th was the beginning of the turnaround proved to be false, not much further the market can fall now. I started to build positions around buy orders, so that way I can get into positions at a price point I'm comfortable with and stack money until those orders are fulfilled. ETH fell to $1,200 and is a buy, meaning that the last 5 years of volatility and amazing gains didn't happen. Now could be a great time to get in, but the word on the street is the price could get as low as $600. While looking at my portfolio, most of the orders are filled, if I want to dollar cost average, I could in many positions. For the reinforcing of the overall portfolio, building a cash pile is necessary and only adding to positions that give dividend income, along with growth potential are a few ways to strengthen the portfolio. April dividend equaled $38.08, 19 payments. May dividends equal $65.80, 20 payments. Last, June dividend equaled $52.28, 21 payments. Check out my IG, I'm tracking dividend payments there, among other things.

It’s crazy that I have to say this but: none of this is investing advice and you should do your own research and never take the word of someone else without doing so. All investing involves risk, and only you can decide what to risk and is worth risking for. And you look stupid trying to sue someone because you followed blindly.