Visar inlägg med etikett investing. Visa alla inlägg
Visar inlägg med etikett investing. Visa alla inlägg

fredag 12 februari 2016

Shares to buy end of Q1

I do not have any money "available" for investing at the moment and also try to limit my selling and buying to a quarterly rhytm.

Assuming I have money to invest I am looking at these shares for purhcase at end of quarter 1:

TeliaSonera 
I will buy if < 40 SEK / share (at the time of writing 37.79).

In short this is a Nordic telcom company with high dividend (> 7% with current share price and forecasted dividend). Yes, a number of scandals last few years due to dodgy deals in eastern countries, but current management is cleaning up.

SSAB B
I will buy if < 20 SEK / share (at the time of writing 18.70).

In short this is a Swedish quality steel maker, which has suffered termendously as most (all?) other commodity companies. After today's 2015-Q4/annual report the share went up with almost 17%(!), however from a very low basis when looking at the share price over last few years.

Volvo B
I will buy if < 80 SEK / share (at the time of writing 80.05).

This is the truck and industrial equipment Volvo, not the personal vehicle one (which was sold to Ford many years ago and then to Geely a few years back).
I can't really put my finger on what exactly it is that I like with this company, but I have for a long time felt like owning a few shares in this company and the share rice has with a few exception been going between 80 - 100 SEK / share...

Perhaps the reason behind my love for this company is one on the coolest commercial films ever.

fredag 1 januari 2016

Index investing, boring but effective and efficient

There will always be a number of people who claim success in picking stocks successfully. One of these are Warren Buffet, but apart from that I am not aware of too many others who can successfully do this over time - not even with my ego!

As my name implies (EGOn) I thought I was a real stock picking guru, but when I one day sat down and critically analyzed all the effort going into this stock picking, buying and selling I realized that I would have been batter off putting my money into a fund which simply followed index (in my case the index of 30 largest companies on Stockholm exchange, i.e. OMXS30). It is possible to track this index using very low cost (free!) funds from two at least providers in Sweden, Avanza and Nordnet.

Admittedly this is a bit boring compared to the thrill of picking stocks and following their ups and downs, getting a dividend etc. I have actually come to the conclusion that investing should actually be boring - as opposed to speculation which can be very exciting (but disastrous).

What I do now if that I have a base portfolio in which I purchase different (low cost) funds on a monthly basis. My idea is to keep doing this as long as I have a paid job and re-balance once per year. Any additional money is put into a separate portfolio in which I have carefully picked a few stocks into which I intend to keep "forever" unless I really need the money somewhere else.

How do you invest?

onsdag 23 december 2015

My investing principles - part 1

Hopefully my disciplined approach will make my
investments into a large forest over time.
In a future post I will go through the only proven method of successful investing over time, but in short:

1) Set an original assett allocation you believe you can stay with even if the share portion should go down significantly

2) Spread out your purchases (timewise as well as from investment vehicles point of view)

3) Keep costs low

4) Rebalance to original assett allocation level once per year

5) Stay the course

So, with this in mind I have one portfolio into which I save significant part of my monthly income evenly spread out on ten different funds:


Fund Expense ratio
Norman-fee*
AVANZA ZERO
0,00%
0 kr
Spiltan Räntefond Sverige
0,10%
785 kr
SPP Aktiefond USA
0,20%
1 845 kr
Spiltan Aktiefond Investmentbolag
0,20%
2 028 kr
Swedbank Robur Indexfond Asien
0,20%
3 452 kr
SPP aktiefond global
0,30%
2 695 kr
Nordea European Corporate bond
0,60%
6 258 kr
Handelsbanken Råvarufond
0,70%
6 647 kr
Carnegie Corporate bond
0,95%
8 211 kr
Didner & Gerge Aktiefond Sverige
1,22%
10 564 kr




*) Norman-fee is a forecast of the total cost for the fund if one saves 1000 SEK/month for 10 years. It is named after Peter Norman, formerly Financial Markets secretary in the Swedish government.

I have been doing this for almost three years now and while the growth has not been as high as the OMXS30 index, the volatility has been significatly lower and I am overall happy with having managed to keep the discipline to stay the course.