May 2021 Update - A Small Experiment - Truth Always Wins
Truth Always Wins Background: Dividend Portfolio - Dividend Growth Stocks. Speculative Portfolio - Good companies that are richly valued high growth companies. Both portfolios were started with 10% of my liquid assets each on Jan 1st 2021. May Update: May continued the trend from March and April. For the third straight month, the Speculative portfolio continued to bleed while the Dividend portfolio continued to push ahead of even its pre-pandemic highs. The Speculative portfolio has now lost all its gains. I am no longer playing with house money! I have so far not sold anything in my Speculative portfolio. As discussed previously, I plan to be fully invested all the time. If I sell any of these stocks now, then what do I buy? Every speculative investment is falling. Even BitCoin is falling! Stock of the month: DVN - I had purchased this stock just before the pandemic at $24 a share, only to see oil stocks plummet. It kept going down and fi...