It’s been a few months since the last portfolio update. It’s been mainly just adding to the ETF’s I selected because there is still a imbalance between my hand picked stocks and the ETF’s. But I am on track towards getting the balance right.
So I am focussing my attention more on picking some new stocks and adding to existing positions. I added to my positions in Munich Re, ASM International and Amsterdam commodities. Jungheinrich is a new addition, it’s active in logistical systems and warehousing. Technical company and with the growing need for smart warehousing it’s a good company to be invested in, in a growing market for now. Until we finally realize we don’t need all that stuff in our lives. It’s also paying a nice dividend. So for now it’s in the portfolio.
I sold ONEOK , one of the US leading natural gas suppliers. It has served the portfolio well with a nice increase in share price and a healthy stream of dividends. I made a solid profit on it and the reason for the sell is part of a broader idea in my investing away from fossil fuels and into other forms of energy. It’s still in the ETF’s and I am still invested in old world energy but it’s time to reduce it and get it to zero.
It’s a bit hard getting in with the real promising company’s as a lot of them are not listed on any stock exchange just yet, which is unfortunate. Well there’s Tesla, but that’s not really my cup of tea investing wise. But I am keeping an eye out and trying getting as much information as I can.
One of the company’s I am checking out is Umicore, which is big in recycling and material research and development. I have some work left to do so I when I’m finished I’ll share my findings.