SO.....after the above here are my current holdings: "To continue the above....it has been a while since I posted this: "SO....here is my current portfolio of....SEVEN....stocks and funds. The UPDATED Portfolio Model.......NOT as investment advice.....just as a disclosure of my personal BIAS and my thinking on how to structure a long term portfolio. "I am once again posting my PORTFOLIO MODEL. My initial criteria to start the process to consider a business are.......BIG CAP, AMERICAN, DIVIDEND PAYING, GREAT MANAGEMENT, ICONIC PRODUCT, WORLD WIDE LEADER IN THEIR FIELD, LONG TERM HORIZON, etc, etc, etc. PORTFOLIO MODEL "Here is my "PORTFOLIO MODEL" for all accounts managed which is the basis for MUCH of my discussion in this thread. I am re-posting this since I often talk in this thread about my portfolio model. My custom in the past on this sort of thread was to re-post my portfolio model every once in a while since I will tend to talk about it once in a while. I "manage" six portfolios for various family including a trust. ALL are set up in this fashion. If I was starting this portfolio today, lets say with $200,000. I would put half the money into the stock side of the portfolio, with an equal amount going into each stock. The other half of the money would go into the fund side of the portfolio, with an equal amount going into each fund. As is my long time custom, I would than let the portfolio run as it wished with NO re-balancing, in other words, I would let the winners run. Over the LONG TERM of investing in this style (at least in my actual portfolios), the stock side seems to reach and settle in at about 70% of the total portfolio and the fund side at about 30% of the total portfolio over time. That is a GOOD THING since it tells me that my stock picks are generally beating the funds over the longer term. AND....since the funds in the account generally meet or beat the SP500, that is a VERY good thing. As mentioned in a post in this thread, I include the funds in the portfolio as a counter-balance to my investing BIAS and stock picking BIAS and to add a top active management fund that often beats the SP500 (Fidelity Contra Fund) and a SP500 Index Fund to get broad exposure to the best 500 companies in AMERICAN business and economy. The funds also give me broad diversification as a counter-balance to my very concentrated 7 stock portfolio.At the same time the funds double and triple up on my individual stock holdings............that I consider the BEST individual businesses in the WORLD. STOCKS: Alphabet Inc Amazon Apple Costco Microsoft Nvidia Palantir SpaceX (a micro, training wheels position) Micron Tech MUTUAL FUNDS and/or ETF's: SP500 Index Fund QQQ CAUTION: This is a moderate aggressive to aggressive portfolio on the stock side with the small concentration of stocks and the mix of stocks that I hold and with the concentration of big name tech stocks. Especially for my age group. (76). So for anyone considering this sort of portfolio, be careful and consider your risk tolerance and where you are in your life and financial needs. I am able to do this sort of portfolio since my stock market account is NOT needed for my retirement income AND I have a fairly HIGH RISK TOLERANCE. In addition I am a fully invested, all the time, LONG TERM investor. (LONG TERM meaning many years, 5, 10, 20, years or more)" MY COMMENT This portfolio is HIGHLY CONCENTRATED on the big cap side of things. OBVIOUSLY between the funds and my NINE stock holdings there is MUCH doubling and tripling up on the stocks. THAT is INTENTIONAL. I strongly subscribe to the view of Buffett and some others that TOO MUCH diversification kills returns. I do NOT believe in the current diversification FAD that most people seem to now follow.......or think they are following. I DO NOT do bonds and think the current level of bonds held by younger investors.....those under age 50.....is extremely foolish.I DO NOT do market timing or Technical Analysis.""
A perfect story for the 250th ANNIVERSARY of the USA. America didn’t give Elon Musk a trillion dollars. He earned every penny A young immigrant arrived in 1992 with ambition and built companies that transformed payments, space and transportation https://www.foxnews.com/opinion/america-didnt-give-elon-musk-trillion-dollars-earned-every-penny
YES....this is the "OTHER" half of successful investing....something that many short term traders dont pay enough attention to. The Cost(s) of Investing https://www.carsongroup.com/insights/blog/the-costs-of-investing/ Tax Costs Inflation Performance Fees Redemption Costs
A nice little article that combines HEALTH and INVESTING. Certainty Is Just Ignorance With Good PR https://tonyisola.com/2026/06/certainty-is-just-ignorance-with-good-pr/ ....."the financial services industry provides its fair share of misconceptions designed to sperate you from your hard-earned money. Many of these falsehoods don’t survive because they’re true. They endure because they’re convenient ways to sell products.".... There is NO certainty in investing or money management. So I try to invest based on.......the closest I can get to "certainty".....PROBABILITY.
YES.....this s why I try to focus my investing on the long term and the BIG CAP PROVEN WINNERS. Why Most Stocks Aren’t Worth Owning A small number of stocks drive most of the market’s long-term return. https://www.morningstar.com/stocks/why-most-stocks-arent-worth-owning
The market so far today. Dow, S&P 500, Nasdaq climb with focus on Iran deal, Fed hike path https://finance.yahoo.com/markets/l...cus-on-iran-deal-fed-hike-path-230530576.html
WELL.....DUH. Gas prices fall below $4 per gallon as oil loses steam https://finance.yahoo.com/markets/a...-per-gallon-as-oil-loses-steam-132647555.html Around here we are now seeing gas prices around $3.00 per gallon. SPOT WTI....about $73. NO.....it is NOT going to take months for the price of oil to normalize....as the MEDIA was trying to tell us a few days ago. Just more BS. In my view we are already back to the normal range with more room to drop.
OK.....time to do some....WAVE RIDING. AND...get back to my daily financial, business, and investing reading.
Some of the sort of INFO that I looked at on my MU trade. (Just an example) Micron & Another AI Memory Stock to Buy Now for Big Upside https://www.zacks.com/stock/news/2938989/micron-another-ai-memory-stock-to-buy-now-for-big-upside I did my usual....BIG PICTURE....analysis of the data at my favorite analysis and visualization site: Macrotrends - The Premier Research Platform for Long Term Investors https://www.macrotrends.net/
As usual....as is my lifetime habit.....I did my MU purchase today regardless of the big bump in price today. I ALWAYS follow the research that going all in all at once....over the long term....beats waiting for an entry point or trying to time the markets.
