Status update - Portfolio, Equities, Savings

Hi everyone,

 

Think it's time for a status update, regarding the portfolio, equities and savings.

 

A lot of changes has been done in the portfolio, since the mess with the accounting problems in Vardia. The portfolio has now got some structure and more longterm holdings,even if I am still building the portfolio at the moment. As I often say: "Rome wasnt built in one day".

 

The portfolio today consists of 5 equites and two index funds.

 

The equities are as follow: Starbucks (SBUX), Mastercard (MA), Hennes & Maurits (HMB:Stockholm), Chipotle Mexican Grill (CMG), Vardia (VARDIA:Oslo).

 

Index funds: Avanza Zero and DNB Global Indeks.

 

In short the portfolio has been declining since purchase date overall, Avanza zero which is a swedish index fund have not been performing well and Chipotle Mexican Grill as well, due to a E.Coli outbreak. Although it gives me great buying opportunities which is good, have been buying Chipotle a lot over the last couple of weeks/months and have now stopped since it taking up to much of my assets. Mastercard, Starbucks and Vardia are all performing.

 

The next purschase will probably be Hennes & Mauritz, if the decline continues. Everything below the stockprice 300 SEK for Hennes & Mauritz do I think is a good buying opportunity for a long term investor.

 

Total value of the portfolio will be around 230 000 SEK by the end of this year. Saving rate for this year has been under all critism and need to be increased over the next year. Target number for saving next year should be around 120 000 SEK, this should be a problem since I increased my salary heavily in my new position in November 2015.

 

In the upcoming weeks will I post some articles around the portfolio, equities holding at the moment, goals for 2016 and a saving schedule for the new year.

 

Stay tuned!

 

Merry christmas and a happy new year all!

 

Best regards,

EWI