Anyone who has hung around the I Was Broke. Now I’m Not. team for long has surely heard the following statement:
“There is no HARVEST if you do not INVEST.”
And it is true. A farmer knows this intuitively. A harvest is impossible without investing seed into the ground.
The same is true for your finances. If you do not invest money, there is no chance of an abundant harvest.
In fact, one of the most common questions we receive is: “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’s crazy that yet another year has passed and if you look at my 2015 update, you will see several investment changes. This is due to several trades in individual stocks as well as the continued acquisition of real estate and growth of our business holdings. You can click the pie chart below to see a larger version.
My views of the investing market place:
- Stock Market turmoil – I believe the stock market will continue to experience a “roiling effect” due to the continued re-balancing of oil supply, China economic transition, political election cycle of the United States, as well as P/E (Price-to-Earnings) being appropriately priced. Until real sustained economic growth is proven over several consecutive quarters, it is difficult to see rapid growth of stocks.
- Dividends rule – Right now, there are many companies who have chosen to increase their dividends because company leaders apparently see few opportunities to better use the money.
- Entrepreneurial spirit – Individuals who choose to grow will be the ones who experience substantial and sustained growth of their investment portfolio. There are fewer “passive” growth opportunities right now than in the past ten years. Those who choose to lean into “risk” will be the ones rewarded with returns.
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.