Strategy: Always doing something

Like many other years, I started this year the worst possible way.

Starting 2017

The first of january was spent being hangover from yesterdays party,  I didn´t work out, didn´t eat healthy and can´t say I did anything of the regular good stuff. When the stock market opened again, I was looking for things to happen. Again I met this year without having a solid plan. Did not know how many trades I wanted to do, I was not sure which companies I was able to sell, and which ones were just temporary positions in the portfolio.

One investor shared some very important knowledge after spending 20 years in the market, and it´s that he learned to stop doing or looking for something all the time. Just be pleased with the portfolio you got. That´s one of the things that I have failed heavily upon. As a young investor, I was always trying to look for companies that could be added to portfolio, or just look for movements in the stock market = movements in the world. That is something I need to work on this year. Stop looking for stuff, stop being updated. There is a saying that one of the best thing you could do as an investor, is to buy huge, big, diversified companies and go to sleep for 20 years, never look at the portfolio.

My plan for 2017

So, that´s my plan for this year. Stop looking all the time and spend time on other things, such as gym, friends, reading and so on.

What triggered me was that I got a comment from a fellow investor that made me do something that I am sure will be a game changer. I wrote a game plan for 2017:

Sells

I can do 3 sells this year, and they include BW LPG, Opera and one unknown.

Buys

I want to add Under Armour to the portfolio, so that´s one

I want to add to VEREIT, Starbucks and Activision Blizzard, so that´s three and we now have four buys.

I´m also open for starting another position based on what the motley fool figures out after CES 2017.

Total

Since this is the first time I do this, I have made it a bit easier by saying I can do 10 trades this year.

Another thing that I will do, is to think more, and look less. That means I will be spending a lot less time talking to other investors on forums and such, but if you want to contact me, just send me an email and we will for sure have a good conversation.

See you

Mr. Stockles

2 comments

  1. Fin blogg! SKriver på norsk, da engelsken ikke er like god som din;)

    Tror det er lure endringer du gjør. Selv tenker jeg å gjøre 1-2 kjøp i året, og maks 1 salg. Spesielt i et Bull-marked som nå er det utrolig vanskelig å være tålmodig og ikke bare kaste penger etter det første og beste som er i “vinden”, men tror det er det som skal til for å lykkes i lengden.

    Lykke til

    1. Takk Storeulv =)

      Ja, man blir fort påvirket av at nesten alt går opp. Viktig å tenkte rasjonelt, og se minst mulig på kursutviklingen på porteføljen.

      1-2 kjøp i året er lite, men samtidig mer en nok. Dersom man gjør gode analyser er det absolutt nok. Samtidig er det veldig fristende å bevege seg mer mot olje og finans ved å f.eks ta inn selskaper som Cullen / Frost, noe jeg ganske sannsynlig gjør da det er et knallbra spill på at begge parter.

      Vi får se hva som skjer i 2017, men at det blir et spennende år er det ingen tvil om.

      Lykke til med strategien
      Mr. Stockles

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