Third stop loss kicked in and executed my exit from EPR Properties. In other words, I sold all 120 shares for 51,20 USD per share. For now this shall be good enough risk management in case US triggers a proper recession. I really don’t see how that could be avoided with tariff instanies, flirting with annexing parts of Canada and/or Greenaland, reducing workforce especially in agriculture, bullying Mexico and Ukraine, measles outbreaks due to not so modern view on vacciness and so on. Adding Russia and China on top of that… in fact I would be tempted to go full in cash, take a break and then realign strategy into more passive mode while potentially switching broker. Said list of ongoing insanitites and portfolio still trading relatively close to all time high valuation sounds really bad but generally holding and postponing taxes would be better choice.
Month: March 2025
Recent Sell: Lockheed Martin
Another stop loss kicked in and I sold all 30 shares of Lockheed Martin for 470.53 USD per share. Not exactly something I would have liked to do but I will sit on the sidelines for a while. It remains to be seen if I can convince myself to buy these back anytime soon while Trump is in the office. Solid company but too many uncertainties. Locked in some solid profits, missed the top and might miss some gains going forward. Story of my life but at least it does not sound like a tragedy.
Recent Sell: Apple Hospitality REIT
Stop loss kicked in and I sold all 600 shares of Apple Hospitality REIT for 14,20 USD per share. One dividend is still on the way and then this chapter can be closed. Short term I will not likely buy these back unless there’s a significant overraction. Long term, maybe once recession has really kicked in. For now I’ll likely transfer these funds out of US and dollar.
Recent Buy: Cibus Nordic Real Estate AB & Strategy
Minor dividend re-investment in the form of 40 shares of Cibus Nordic Real Estate bought for 150,30 SEK per share. Nothing special here and even after this purchase my position on Cibus is on the smaller side. It has been slightly down lately and I happened to have some SEK to reinvest. This together with the fact that the total share count wasn’t a pretty even number was enough.
Lately I have also added few stop losses due to whole situation with US shit show. Lockheed Martin is one of these due to the whole discussion about US weapons being a liability for EU armies. This one is tricky as Europe is hopefully spending significant amounts of money for rearming and non-US providers are likely preferred as much as possible. Then again LMT is likely benefiting from this as well while at the same time dragged down by these geopolitical tendencies. Then there’s the whole discussion about US public spending which might impact LMT as well even though I don’t really see US reducing defence spending. Stop losses are also in place for Apple Hospitapility REIT and EPR Properties. We might eventually see a proper US recession due to the current developments and these positions are from the least defensive end of my portfolio. In general I will likely not increase my US exposure until next recession really hits and if these stop losses are activated, I might reduce my USD exposure as well.