Thursday, April 1, 2021

An Updated Summary of My Grand Unified Theory of Investing

 Check out my previous post for how we landed here...




Account:

IRA

Roth IRA

Stocks & Income

Current percentage of total holdings:

~25%

~7%

~68%

Investment philosophy:

Jack Bogle

George Soros

Warren Buffett

Headline summary:

“Don't Do Something,
Just Stand There!”

“You Call That A Position?”

“Wonderful Companies at Fair Prices”

Account holdings:

• 54% indices (IWM, QQQJ, QQQM, VOO)
• 24% high-yield stocks (VIG, VYM)
• 22% high-yield bonds (HYLB, USHY)

• 99% one “high-conviction” stock (???)
• 1% bonds (AGG)

• 53% stocks (2 core holdings + others, QQQJ, QQQM)
• 8% index covered call ETFs (QYLD, RYLD, XYLD)
• 39% preferred stock/bond ETFs (HYLB, PFFD, USHY)

Are dividends
reinvested?

Yes

Yes (AGG only)

No

Investment schedule:

N/A

Asynchronous

Synchronous

When do I intend to make changes?

Never

When I have a higher-conviction bet than the existing one (AGG → ???), or no conviction at all (??? → AGG)

Monthly purchases; "I believe in all of these stocks - until I sell them"

Is account actively
funded with new contributions?

No

No

Yes

Is account written about on this blog monthly / ever?

No

No

Yes