We're down to 32* stocks owned!
* that's still too many stocks
The most recent departure is Blackstone (BX), which aside from trading down 27% from its IPO nine years ago and paying an unsustainable dividend supported by an unimaginable 1,575% payout ratio, is also a limited partnership (LPs) which delays my tax filing by 3 months every. single. year. I used to have several LPs in my portfolio - I (used to?) like big dividends - but now I am certain I will never own another; most company stocks that outperform the market in the long run happen to be common stocks, which is probably not a coincidence.
This month's buys are once again repeats: Amazon (AMZN), Facebook (FB), and Twitter (TWTR). Amazon and Facebook are being rewarded for their excellent recent quarterly results...and Twitter just seems to be a bargain at its all-time low.
Here's my current portfolio (growth, dividend, and speculative). As always, I believe in all of these stocks - until I sell them.
Apple (AAPL) 11.06%
Tesla Motors (TSLA) 9.98%
3D Systems (DDD) 9.50%
Amazon (AMZN) 8.21%
Alphabet (GOOGL) 7.21%
Under Armour (UAA) 5.19%
Baidu (BIDU) 4.65%
Stratasys (SSYS) 4.32%
Facebook (FB) 3.73%
Nike (NKE) 3.55%
Twitter (TWTR) 3.31%
Chubb Limited (CB) 2.90%
Intuitive Surgical (ISRG) 2.74%
Starbucks (SBUX) 2.55%
Microsoft (MSFT) 1.59%
BlackRock (BLK) 1.56%
Salesforce.com (CRM) 1.48%
Wells Fargo (WFC) 1.42%
American Software (AMSWA) 1.40%
Costco Wholesale (COST) 1.39%
McDonald's (MCD) 1.37%
Boeing (BA) 1.23%
Veolia Environnement (VEOEY) 1.23%
Intel (INTC) 1.18%
American Water Works (AWK) 1.06%
Adobe Systems (ADBE) 1.04%
Autodesk (ADSK) 0.97%
Aqua America (WTR) 0.94%
Ansys (ANSS) 0.80%
Waste Management (WM) 0.77%
Coca-Cola (KO) 0.75%
Canadian National Railway (CNI) 0.71%
