{"id":159,"date":"2015-03-05T08:22:10","date_gmt":"2015-03-05T08:22:10","guid":{"rendered":"http:\/\/www.dwelldone.fi\/?p=159"},"modified":"2015-03-06T15:34:38","modified_gmt":"2015-03-06T15:34:38","slug":"shopping-list-update-2","status":"publish","type":"post","link":"https:\/\/www.dwelldone.fi\/?p=159","title":{"rendered":"Shopping List Update"},"content":{"rendered":"<p>Bull market just keeps on going and it&#8217;s very difficult to see a major shift happening very soon. It seems that the most likely outcome of the QE operations is a significant bubble which will continue to grow for couple of years. Volatility might increase in near term but it&#8217;s very difficult to imagine all the loose money not going to stocks especially in Europe.\u00a0All this makes it a bit difficult to come up with a solid shopping list for the next 6 months or so. In general I&#8217;d need to consider or address the following issues:<\/p>\n<ul>\n<li>Portfolio balancing would require adding on existing positions in companies such as Baxter International, General Electric, AT&amp;T, Aflac Inc and perhaps Deere. Baxter is special item here since I&#8217;d like to increase my position before the upcoming Baxalta spin-off.<\/li>\n<li>I&#8217;m not a huge fan of the idea of converting euros to dollars with the current exchange rate (existing USD income will help a bit)<\/li>\n<li>It&#8217;s much more difficult to find high quality companies from euro zone (especially ones that pay a quarterly dividend)<\/li>\n<li>In general I would like to increase my position in currencies other than euro and US dollar<\/li>\n<\/ul>\n<p>Having said that, the expected shopping list and order to \u00a0go as follows:<\/p>\n<ol>\n<li>Baxter International<\/li>\n<li>Unilever\/Diageo\/something european<\/li>\n<li>Telia-Sonera\/Nordea\/Gjensidige if there&#8217;s a temporary and significant enough drop during spring (otherwise these will be considered during Q4\/2015 and Q1\/2016)<\/li>\n<li>Canadian bank (looking at Royal Bank of Canada and Bank of Nova Scotia at the moment even though I have some concerns about the housing bubble)<\/li>\n<li>General Electric\/AT&amp;T\/Aflac\/Deere (it remains to be seen how the dollar valuation moves or is moved, I might consider converting dollars to euros as well)<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Bull market just keeps on going and it&#8217;s very difficult to see a major shift happening very soon. It seems that the most likely outcome of the QE operations is a significant bubble which will continue to grow for couple of years. Volatility might increase in near term but it&#8217;s very difficult to imagine all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-159","post","type-post","status-publish","format-standard","hentry","category-strategy"],"_links":{"self":[{"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=\/wp\/v2\/posts\/159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=159"}],"version-history":[{"count":2,"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=\/wp\/v2\/posts\/159\/revisions"}],"predecessor-version":[{"id":161,"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=\/wp\/v2\/posts\/159\/revisions\/161"}],"wp:attachment":[{"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dwelldone.fi\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}