BP and Shell are cheap at this price if you are bullish on big energy and their transition long term.
@too_short Yeah there are stocks i go outside the norm particularly for the companies and industry that am currently or have worked for the in past. For BP and Shell i did big lump investments just after march (NO DCA), i think iāve got pretty good idea where those two would be in 15 years time.
The key is always invest on what your comfortable to loose, i own 87 other stock that will offset any losses from BP and shell.
BP seems indeed performing convincing moves towards Green Hydrogen productionā¦ Also found this: Gigawatt-scale: the world's 13 largest green-hydrogen projects | Recharge
I have this:
American Water Works (AWK)
Thanks I will look into AQUA and AWK.
Yeah I feel like I favour BP to Shell but got fairly equal positions in both, toying with idea of selling Shell and putting into BP to cut down research time on portfolio.
For you, what is your āperfectā number of different stocks in your portfolio?
Too much stocks, starts to loose some control on them, and grows the risk. Too few, the risk is bigger, concentration risk.
Itās a trade-off question.
Note: Studies show that 10-15 stocks maximum is enough to dilute the market risk in a country (studies based in the US markets). But for me, there are other risks also, and that numbers could be not enough to dilute other risks.
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I currently have 26, 24 stocks and 2 ETFs, this is down from mid 30s at my most. I would love to get it below 20, but some industries I have 2 companies as a slight hedge, but analysing to see where can be trimmed to 1 positions.
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Interesting questionā¦
I (unconsciously) kept the # of more risky, most likely temporary investments (i.e. SPACs) below 5 to keep track on them.
Beside that I donāt see a reason to limit the amount of safe bets (long-term) as I donāt really actively check on those companies / sectors post the investment decision.
This being said, it would really help to have some sort of grouping / filtering option in T212 (feel free to push Portfolio list ordering - #3 by BullChew).
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Stonks only go up.
More printing which means more stocks going up which means interest rates on bonds going down which means more stonks going up which means printing means dollar value goes down which means stonks goes up!
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Another good question might be to ask - how likely do you think you will beat the returns of a global equity fund in 2021.
It would be interesting to see what the returns are on average for the average 212 user excluding ETFs, against a benchmark index.
I also have medium-long term horizon, but I still control them. We never know when something bad could happen.
Fraud (e.g Wirecard, Enron, etc), political risk (Chinese stocks, Biotechs during 2016 US presidential campaign, Brexit, ātrade warsā), litigation risk (anti-monopoly investigations, tax evasion), reputational risk, credit/default risk, climate risk (Oil spills, dams collapsing, nuclear reactors problems) and so on.
A very interesting remark/question. Having a lot of stocks sometimes donāt bring a lot of things new.
And 2020 was a very atypical year about market performance, almost everything went up from March bottom, anyone could make some money.
I think they are, which is why I bought into them whilst cheap.
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Well, with those long-term positions I still would get alerted once a stock drops significantly and I naturally keep an ear open for the related trends + industries.
But thatās it. Wouldnāt call that active control.
Thereās always, always a certain risk for bad news of any kind and once they kick in, the market will always be faster at the waterslide than retail. Once you get aware of it, the big slide is over - then itās up to your belief (and maybe new DD) if you stay strong or take your loss and move on. And nope, I donāt have good experience with stop loss orders to mitigate this. And that wouldnāt be active control againā¦
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Lol I got the same plan
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I am in total agreement with you Adm
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This is exactly what I have been arguiing.
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Might take another decade or two decades before that happens, at the moment EV tech is the best of all evils so far
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Yes but it canāt do the type of damage oil did for the past 200 years of destroying the environment. Have you seen what Shell is doing ? Dumping all that oil waste in the sea poisoning sea creatures and so on not to even mention fracking one of the worst so please donāt compare the new EV trend to Fossil fuel, EV is in itās early stages now and I believe more innovative ways will be set up for recycling and so on but fuel dependency needs to drastically reduce.
It would help if you turned to specialists who understand this area well enough. Unfortunately, I am not particularly competent in this matter.