▶ Full Post Text
So I started investing last year. I almost paid of all my business loans and it's time to start a new chapter! Right now I'm 31 years old, have 110k invested and 200k cash liquid. I'm a little bit hesistant of lump summing all my cash in this market, that's why i'm investing around 10 to 20k a month. If markets go down, I can decide to invest more.
I get around 150k in dividends a year from my companies which will mostly be invested since I can live of my salary which I'm also paid from my own company.
Since I have no one to share investment strategies with and I don't want to make use of the services of a ''management firm' because of the fees, I'm using this subreddit to share my thoughts and get some advice! I hope you guys can give me some insights!
My current spread is 46% IWDA and 54% stocks. I'm aiming to go 70% ETF (IWDA) and 30% stocks. My goal is to hold the stocks long term.
My goal is to retire at 60 or even sooner if the markets allow it.
I'm European (Dutch) so some of the stocks are maybe unkown for you but I will explain what they do.
My questions are:
1. Is this portfolio diversified enough?
2. How would this portfolio do during a bear market?
3. What do you think of the strategy to DCA instead of lump sum?
My holdings:
1. IWDA (46%), up 4,8%
2. Azelis (9%), Chemical distributor, this market is seeing a downturn but the fundamentals are good, currently down 18%
3. Reddit (9%), Cash machine, also bought the stock because I like the app! This one is more of a speculative bet, we will see what happens, up 22%
4. QXO (8%), Bet on Brad Jacobs, we will see what happens, up 28%
5. Novo Nordisk (7%), Company is solid, bought this because in my opinion the drop is unjustified, up 15%
6. Topicus (7%), IT/Software company that does a lot of aquisitions, solid company, down 9%
7. United Health (7%), always good to have a bit of healthcare in your port, down 1%
8. Wise PLC (4%), Fintech company doing international money transfers, up 2%
9. 3i Group (3%), British private equity, owner of Action which is a company like Dollar Tree, down 4%
My goals I to reduce my stock exposure but since a lot of these stocks were down I started with buying stocks at their lows. I'm now starting with buying more IWDA to get the 70/30 diversification.
Please let me know what you think of this port!