It’s been a while since I last posted about what stocks I am buying, so Ithought I’d share my buys of the last quarter of 2020. One of the things I need to do more is to analyse my portfolio and tweak my diversification. Diversification Mr. Robot, what on earth do you mean? Your portfolio seems pretty well balanced with only a few outliers (like IRM)?
Well thanks for the compliment, I really appreciate it! But to be completely honest there is still some work to do. When I created my first treemap it already showed that my balance in GICS sectors needs more finetuning. With a large portion of my portfolio in Healthcare and Technology it made clear that sectors like Consumer Staples-Cyclical-Discretionary and Utilities needed more work.
What my treemap did not show (because I didn’t check for it) was my geographical diversification. The larger part of the blogs and information out there is from a US-perspective. There are various Dutch en EU blogs and thankfully this list keeps on growing, but most of my inspiratoin/investigation used to come from abroad. When I did finally check on my balance between US/non-US stocks it scared me quite a bit. So it was time to take action!
So it should be no suprise that my most recent buys were solely non-US stocks, actually they were solely Dutch/EU stocks! Here are the companies that I bought:
Unilever and Ahold needs no introduction I like to think, but maybe the other two companies do:
Wolters Kluwer N.V. (WKL), together with its subsidiaries, provides professional information, software solutions, and services in Europe, North America, the Asia Pacific, and internationally. The company operates through Health; Tax & Accounting; Governance, Risk & Compliance; and Legal & Regulatory divisions. The company serves clinicians, nurses, accountants, and lawyers, as well as tax, finance, audit, risk, compliance, and regulatory sectors. Wolters Kluwer N.V. was founded in 1836 and is based in Alphen aan den Rijn, the Netherlands.
RELX PLC (RELX) provides information-based analytics and decision tools for professional and business customers in North America, Europe, and internationally. It operates through four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal; and Exhibitions. The company was formerly known as Reed Elsevier PLC and changed its name to RELX PLC in July 2015. RELX PLC was incorporated in 1903 and is headquartered in London, the United Kingdom.
So with these stocks I not only increase my geographical diversification I also counter the (continuing?) devaluation of the US dollar. The latter has seriously impacted my received dividends last year and it also shows in my prognoses for my projected annual dividend income. With all these buys combined (I am Captain Planet! Just kidding! :)) my current forward income stands at a total of €1414,-.
What do you think about my buys? Did you buy anything recently? Let me know in the comments!