Monthly Purchases in August
As a believer of compound interest and diversification I tend to buy a wide range of ETF’s every month. My broker allows me to buy them twice a month without paying any commission. Here is where I breakdown the purchases.
To see what is currently in my portfolio CLICK HERE.
As you can see I bought almost all the names I already own in my portfolio this month. The markets came down slightly from their all time highs and I felt confident to spread out my cash across almost all positions.
Current diversification vs. ideal diversification
Dark green = Fundamental
Blue = Technology
Light green = America
Yellow = Emerging Markets
Red = Real Estate
Grey = Bonds
I currently have a long way to go to reach my ideal diversification. This is mostly due to the stocks I still own. I’m waiting to sell of the remaining stocks when the stock price hits my target. Afterwards I will distribute the cash based on valuations of the ETF’s.