Status January

Have been a while since I last wrote, and I am sorry for that. Comes from the reason that I got a new position at my work and it has been a lot of new stuff to learn and really go into depth on some things which I have just touched in the past. 

I guess it haven't passed anyone but the year has started shaky in a very volatile market (yes, I love it). 

I had the opportunity to increase my share in some of my beloved companies, stated below:

-Protector Forsikring (2 times)

-Handelsbanken

-Avanza Zero

-Hennes & Mauritz

Protector released Q4 numbers last week and they are as always delivering, expecting a GWP growth on 22% during 2016.

Hennes & Mauritz announced Q4 numbers today and met analyst expectations on everything except the dividend increase from 9,75 SEK to 10 SEK. The stock fell -5% today after the announcement, which I think is an overreaction as always from Mr. Market. -maybe I buy some more in the upcoming weeks.

The savings is going on as normal transferred 25 000 SEK (2,75K €) on the 25th to my savings account.

Besides this I am working on a new report on a company which I hope will be published this weekend.

Stay tuned,

EWI

First working day of 2016

There was the first day of 2016 over when the markets had open, and the long waited market correction is here. Can't say something else than that I love it, I am actually way more happy when the market goes down then the other way around.

I bought some Hennes & Mauritz after Deutsche Banks announcement of their lower target price, came in close to ATL today at H&M. Will be a good position to have for 10+ years.

I also got some Swedish index funds (Avanza Zero), which will be a good balance to my stock portfolio.

Chipotle is still falling, -6% at the moment. Would love to get some more, but the portfolio is to heavy weighted at Chipotle, so can't. 

Besides the stock market it was the first day at work after the vacation, and it went good. Lunch box of course and no spending at all. Perfect start at work for 2016.

Now will I make spaghetti bolognse to a total cost at 8,6 SEK (approximately 1 USD) per meal. Loving it!

Hope you had a great day!

Best regards,

EWI

Watchlist 2016

Thought it could be nice to share some part of my tracking list of stocks I am following. I will not reveal the whole part at once and will start with 15 stocks per month to keep the interest for the blog higher.

Important to highlight here is that the "Buy price" is not a deep analysis of the company, its a value I get when inserting the stock into a formula and rounded to the closest integer. As soon as the stock starting to trade close to my buy price I will go further with more complete analysis of the stock before the purchase. This means in other words that I could buy the stock for a higher price than my buy price in the watchlist and not buy even if the price is below my target. 

Below could you see 15 stocks of my watchlist

Name	Price ATM		Buy price		% Target
AIG (AIG:US)	61.97	USD	50	USD	1.2394
Betsson (BETSB:SS)	155.5	SEK	110	SEK	1.413636
Chubb (CB:US)	132.64	USD	100	USD	1.3264
Chipotle Mexican Grill (CMG:US)	479.85	USD	550	USD	0.872455
Gjensidige Forsikring (GJF:NO)	142.1	USD	110	USD	1.291818
Hennes & Mauritz (HMB:SS)	302.1	SEK	295	SEK	1.024068
Coca-Cola (KO:US)	42.96	USD	37	USD	1.161081
MasterCard (MA:US)	97.36	USD	91	USD	1.06989
Nike (NKE:US)	62.5	USD	57	USD	1.096491
Protector Forsikring (PROTCT:NO)	73.5	NOK	55	NOK	1.336364
Starbucks (SBUX:US)	60.03	USD	55	USD	1.091455
Handelsbanken (SHBB:SS)	116.3	SEK	100	SEK	1.163
Travelers Cos (TRV:US)	112.86	USD	100	USD	1.1286
Visa (V:US)	77.55	USD	70	USD	1.107857
Walmart (WMT:US)	61.3	USD	51	USD	1.201961

As you could see is a lot of stocks not below my buy price. The reason for this is probably because the stock market at the moment has a pretty high valuation compared to historic prices and that the interest rates are low. Which makes the cash available to flood to the stock market for a chance of higher returns.

Only Chipotle (CMG:US) are below my buy price and I have been buying on the way down a lot and the company as a position are now the biggest in my portfolio. Chipotle is trading this low due to a E.Coli and a Norovirus outbreak in November 2015 which lead to pressure on the shares.
I am confident that the company will overcome this over the upcoming two years and Chipotle will come back as the baby it was for Wall Street. In the past restaurant chains had similiar bigger outbreaks and I do not see this outbreak as a threat to Chipotle's future. More regarding the outbreaks and comparison to peers in the industry could be read here* from Alex Dumortier at the Motley fool.

My last purchase was Hennes & Mauritz at 296 SEK per share, which is a good company with a solid dividend and should be part of all long term investors portfolio.

I wish you all the best for 2016!

Best regards,
EWI


This should not be taken as a financial or any kind of advice and all the numbers on this blog could be incorrectly. I am not taking any responsibility for individuals using this information and all individuals using this information is using it on their own risk. 
*http://www.fool.com/investing/general/2015/12/22/contrarians-corner-chipotle-mexican-grills-shares.aspx