Month: January 2026

Recent Buy: IREN Ltd.

JP

IREN Ltd. will report earnings next week. They switched the reporting date to February 5th (moved to earlier date) and this aligns with Amazon. We are waiting for IREN to come out with a deal or deals and chances are that Amazon would be one to come out first. This would make sense location wise and aligned reporting is also a promising sign. We will see but since IREN dropped yesterday I decided to buy additional 30 shares for 52,90 USD per share. I’ll play this position as low risk & high reward play: this is not a huge position by no means (150 shares), I should be easily able to protect the original principle should the stock drop quickly and there’s somewhat high likelyhood for multiple deals to be signed during 2026. Should we get a huge upswing next week based on a new deal, I might trim some or even whole position if upswing is insane enough. In base scenario I expect to trim some of the position during H1/2026 or more likely during Q2/2026. I might leave some tail position for years to come and just forget about it.

See: https://finance.yahoo.com/news/iren-limited-gears-q2-earnings-151700068.html

Recent Buy: Sampo Plc

JP

This was a bit unplanned but Sampo dropped today about 5% without any obvious triggers. Or at least I’m not aware of any triggers but seems very odd move for a stock like Sampo. Who knows, maybe it’s the Lemonade & Tesla FSD effect or more like the effect of such concept going forward seen as quickly escalating risk for legacy incurers. It’s by no means a cheap stock even after this drop but I decided to buy additional 100 shares for 9,34 EUR per share.

See: https://www.reuters.com/business/autos-transportation/lemonade-halve-tesla-insurance-rates-miles-driven-with-software-assistant-2026-01-21/

Recent (Short Term?) Switch: Lockheed Martin for Franklin European Quality Dividend UCITS ETF & XACT Nordic High Dividend Low Volatility ETF

JP

This might end up being relatively stupid move but I sold my 30 shares of Lockeed Martin for 578,00 USD per share with roughly +26% profits + dividends. This was mainly motivated by the current state of US government: while they are very likely investing heavily in defence, they are also talking about stricter control for defence companies. Further more tensions with Europe are very high due to the insane Greenland issue they claim to be having. It’s very likely that European countries, and likeminded countries elsewhere, will opt out from US weapons systems as much as possible. These tensions will probably go up and down as long as Agent Orange is playing his game, therefore it’s probably quite likely that Lockheed Martin will evantually go down in price even significantly. At that time I might consider byuing these shares back but that is not guaranteed, so messed up is the whole trans atlantic situation.

For now as a strategic move I deployed this money in European positions to substitute the lost dividend income. I bought 300 shares of Franklin European Quality Dividend UCITS ETF for 33,601 EUR per share and 300 shares of XACT Nordic High Dividend Low Volatility ETF for 160,92 SEK per share. Probably a bit high valuation considering the fact that we just had a relief rally after Trump’s latest TACO move after Davos but it is what it is. Slight reduction in US and especilly USD exposure is the key here.

See: https://edition.cnn.com/2026/01/22/business/europe-trade-bazooka-trump-china-intl

Recent Buy: iShares NASDAQ 100 UCITS ETF EUR HEDGED & XACT Nordic High Dividend Low Volatility ETF

JP

Gotta follow the plan if you have one. Therefore I reinvested dividends and bough additional 10 shares of iShares NASDAQ 100 UCITS ETF for 14,75 EUR per share (December 19th 2025) and additional 50 shares of XACT Nordic High Dividend Low Volatility ETF for 160,54 SEK per share. Nothing special here as these together with Franklin European Quality Dividend UCITS ETF will be the vehicles for monthly grinding this year. NASDAQ 100 will cover long term growth with minimal purchases and with currency hedging while to other two funded mainly by USD dividends will slowly reduce my dollar heavy allocation and produce steady income instead of growth. Otherwise activities for the year are still open. If US market ends up in a huge bubble as I suspect it very well might, I’ll actually consider exisiting most if not all direct stock positions. Temporary exit and repositioning to mainly ETFs is a solid option and one that I’m willing to entertain if we see insane bubble.