Portfolio,  Scattered Thoughts

Portfolio Update

Half of December is already over and soon we will be well into the next decade. Time is moving so fast. It seems like just yesterday I brought my newborn twins home from the hospital. Today they are 15 years old, soon to be 16 and driving, and have a little brother they can gang up on. šŸ˜‰

Before the year comes to an end I always like to take a look back to see where I came from. What I’ve accomplished. And where I would like to be.

This post is about where I was just a few short months ago and where I want to be.

Portfolio Update

I’ve chosen to publish my Liquid Fi Portfolio to keep me motivated on reaching my goals.

*The numbers are currently not in real time. That is still a work in progress.

*Ā  Liquid FI Portfolio ~ Does not include my husband or any joint accounts or assets for privacy purposes.

FANG Stocks

While looking at these accounts you will see I have a good size position in Facebook that I have been holding since their IPO. Originally I was using these accounts for trading as my husband and I were building our Family Portfolio and net worth in less risky assets.

At one point I was all in with a couple of the FANG stocks (Facebook, Amazon, Netflix, Google) with some Tesla thrown in the mix. Recently I have been shifting these gains toward other goals. Specifically, Liquid FI.

Excuses Not to Sell FB

Every now and again I’ll read about those thinking or better yet hoping Facebook will pay a dividend soon but I am not a believer in that.

I do have an exit point in my head. A price point where I plan to pull the trigger. Although the first day it touched it temporarily, I missed it. Maybe I will place a good til canceled order. Yeah, probably not.

I still hold 397 shares between two accounts. Non Taxable and Taxable. My plan is to sell the shares in my Roth account first. No tax implications there.

However, selling 200 shares in my Taxable account will take some thought in strategic tax planning. Even though it will be considered a long term holding and taxed as such it is still another one of my excuses. Meanwhile, I do nothing.

DGI for the Long Haul

My focus has returned to DGI for the long haul to capture the “magic of compounding“. As a money geek, there is nothing more exciting. Wouldn’t you agree?

I’ve moved in and out of dividend stocks over the years too many times to count.

No more! I am fully committed! You read it here. Accountability!

Scattered Thoughts

In the months and years ahead my focus will must remain on DGI and growing my Liquid FI Portfolio to the best of my ability. I can’t exactly strive for FIRE as I am past the unspoken early retirement age but far away from the traditional retirement age.

As I struggle with my Facebook position, my thinking now is to sell half of this position. That would seem to be easier to execute without regret.

 

*Notes to Self*

“Do Not Get Emotionally Attached”!

Rule #1Ā 

DO NOT get emotionally attached to a stock. That would be silly! Wouldn’t it?

 

My asset allocation is not diversified!

  • DiversificationĀ is spreading your risk across different types of investments, the goal being to increase your odds of investment success.
  • It aims to maximize returns by investing in different areas that would each react differently to the same event.

 

Summary

I’ve chosen to publish my Liquid Fi Portfolio to keep me motivated on reaching my goals.

*The numbers are currently not in real time. That is still a work in progress.

*Ā  Liquid FI Portfolio ~ Does not include my husband or any joint accounts or assets for privacy purposes.

One Comment

  • Engineering Dividends

    A good problem to have regarding unwinding your FB position a bit. Sounds like you’ve got a handle on potential tax impacts with any sale, so now it’s just a matter of executing. You can always sell in small chunks to start and see how it feels to you.
    Diversifying sounds like a good plan. I’m excited to see how you make the portfolio transition, and what you buy with the proceeds.
    Merry Christmas to you and your family.

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