Anyone who has attended a Financial Learning Experience has heard me say that it is important to INVEST money and to do so every single time you are paid money. At the end of our live events, I am regularly asked or emailed the following question:
“What investments do you recommend?”
My answer is always, “I don’t recommend specific investments. I can only tell you the investments I own, and they have worked well for me. The investments you choose are up to you.”
Occasionally, I update everyone on the investments I currently hold. Below is a chart of the current investments we hold. If it is publicly-traded, I have included the ticker symbol. Click on the chart itself (or HERE) to see a larger version.
It is hard to believe that another year has passed by! If you look at last year’s update, you will see quite a change in the allocation of my investments. This is most noticeable in our real estate holdings. This is due to acquisition of more properties as well as the appreciation in the value of other real estate holdings. You can click the pie chart below to see a larger version of the chart.
My views of the investing market place:
- I anticipate the stock market will continue to grow at a moderate pace. While the current Price-to-Earnings Ratio (P/E) for the overall market is at nearly 18, there are are many reasons to believe that we will see some growth. These include:
- (a) cash rich companies – I believe we will see a hastening of the investment of these monies through 2015,
- (b) low interest rates – while the Federal Reserve Board has ceased QE3 and are clearly signaling an increase in interest rates, these rate hikes are going to be low for the foreseeable future, and
- (c) oil price collapse – while this certainly affects Big Oil stocks, it has an overall economic stimulus effect as it puts substantial dollars back into the pockets of consumers
- I continue to believe there will be ample investment opportunities within the real estate markets in 2015. I travel throughout the U.S. and Canada and rarely have I seen construction – both large-scale commercial and residential – at the levels I’m observing right now. It’s only a matter of time before this shows up in the profit statements of the largest contractors.
- I also believe there will be ample investment opportunities into new business start-ups and purchase of existing businesses
- Worldwide instability has existed since the beginning of time. It exists today. While the problems may change names tomorrow, I’m convinced we will still face worldwide instability tomorrow as well. I believe a great risk is in not investing at all. I will continue to be an investor!
I welcome your thoughts on the investing market place as well. What do you think? What are your strategies?
Read previous installments of Joe Sangl’s “Current Investments” posts HERE.