2020 Top Investment Picks – Q3 Update
Roadmap2Retire
by Roadmap2Retire
3y ago
At the beginning of the year, I put together a list of Top Investment Picks for 2020 from the investment community and track them on this website. This is just meant to be a fun exercise to see how the picks do. As part of the process, I intend do provide quarterly updates on the picks to see how they are doing. This is the update after Q3. At the end of Q3, the top picks stand as shown below. My pick of Twilio (TWLO) leads the charge at the end of Q3 with a 151% return YTD. This is what I said at the end of 2019: Going with a SaaS stock for 2020. Twilio is a wide moat programmable ..read more
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How to Know if Your Broker is Legit?
Roadmap2Retire
by Roadmap2Retire
3y ago
Following post was contributed by Justin Weinger Is your broker an ethical businessperson who works for a licensed, registered firm? If you value your financial health, you had better make sure. Even in this age of doxxing, it pays to spend an hour or so checking out the background and reputation of any company to whom you will be transferring large sums of money. There are some unscrupulous players out there, but in all fairness to the industry, there aren’t nearly as many as there used to be. It’s also important to remember that every sector of the economy has its bad apples, so it’s always ..read more
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3 Recent Buys
Roadmap2Retire
by Roadmap2Retire
3y ago
A quick update on a few recent purchases in my portfolio. I used the recent correction in Nasdaq to add to my positions. First purchase: I added to my position in Amazon (AMZN) @ $3,175.00. I continue to put a big portion of my portfolio into FAMG names as I believe the big tech companies will keep growing and have tremendous potential with their global reach. I added to my position in MercadoLibre (MELI) @ $1,100.00. MELI gives me exposure to EM markets focused on Latin America as e-commerce and payments sees tremendous tailwinds. The company is well run and this looks like an attractive pos ..read more
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Outlook for August 2020
Roadmap2Retire
by Roadmap2Retire
3y ago
Q2 earnings season is in full swing and the big (and small) tech are knocking it out of the park. Trillion-dollar companies are jumping higher by 5-10% in a matter of hours. Tech stocks may be the most crowded trade, but it is also seeing immense tailwind that has accelerated adoption rates & provides a clear path for increased growth over coming years. It also looks like inflation is being stoked left, right and center. In the US, fiscal stimulus is expected to continue until the end of the year and monetary stimulus expected until next spring. In other words, no one is taking the punch b ..read more
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3 Recent Buys – BIPC, MSFT, ADYYF
Roadmap2Retire
by Roadmap2Retire
3y ago
A quick update on a few recent purchases in my portfolio. First purchase: I added to my position in Brookfield Infrastructure Corp (BIPC.TO) @ CAD$62.50. Brookfield raised $275M by issuing shares, so I decided that it was a decent price to add to my position here. Recently, I changed my LP units to the C-corp units as I see a higher demand from rest of the investors for a simpler corporate structure. Second purchase: I continued building on my position in Microsoft Corp (MSFT) @ $205.79. A bit pricey at current level, but great companies with a visibility to continued growth demand a premium ..read more
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Baby R2R’s Portfolio Update – Q2 2020
Roadmap2Retire
by Roadmap2Retire
4y ago
This post is part of the series where I share the progress of Baby R2R’s investment portfolio. I started documenting this in Q3 2017 and intend to provide quarterly updates. Baby R2R was born in Spring 2016 and a few months later, I setup her education fund to which I contribute on a regular basis. We live in Canada, so we take advantage of the RESP program (Registered Education Savings Plan), an account type where we can save and invest for our child’s secondary education. In addition to tax advantages, we also receive an education grant, which matches upto 20% of the saved amount (upto a max ..read more
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Quarterly Update – Q2 2020
Roadmap2Retire
by Roadmap2Retire
4y ago
Welcome to the quarterly update for Q2 2020. This is part of  a series where I track our financial progress on a quarterly basis. I present three parts in this series: (i) Investment & Portfolio Update, (ii) Passive Income Update, and (iii) Goals Update. 1. Investment & Portfolio Update Q2 2020 saw robust growth in portfolio value after a turbulent Q1. I continued investing aggressively over the course of the quarter with some re-initiations and some new positions in the portfolio. All purchases are captured here: Recent Buys All sales are captured here: Recent Sales At the end o ..read more
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Outlook for July 2020
Roadmap2Retire
by Roadmap2Retire
4y ago
Half the year is in the books, with Q2 2020 US stock market return ringing in the best quarter since 1987! Most of the returns have come from the strong performance in the tech sector, while other sectors have lagged, so anyone heavyweight in tech has enjoyed the great returns over the past few months. Q2 earnings results will be interesting to watch as it will be the first reporting of full quarter amidst the pandemic. Expectations are pretty high as the multiples have expanded quite a bit for some names. On the central bank front, the Fed has reduced the daily liquidity, so some weakness see ..read more
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2020 Top Investment Picks – Q2 Update
Roadmap2Retire
by Roadmap2Retire
4y ago
At the beginning of the year, I put together a list of Top Investment Picks for 2020 from the investment community and track them on this website. This is just meant to be a fun exercise to see how the picks do. As part of the process, I intend do provide quarterly updates on the picks to see how they are doing. This is the update after Q2. At the end of Q2, the top picks stand as shown below. My pick of Twilio (TWLO) leads the charge at the end of Q2 with a 123.2% return YTD. This is what I said at the end of 2019: Going with a SaaS stock for 2020. Twilio is a wide moat programmab ..read more
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Recent Sell
Roadmap2Retire
by Roadmap2Retire
4y ago
A couple of sales in my portfolio recently as I try to align my portfolio closer to what I think is better for long term growth. I sold and closed my positions in: Kinder Morgan Inc (KMI). Loss = 26% I’ve held KMI for a long time and held through the rough patch the company went through a few years ago. However, my capital is not only stagnant, but losing value by staying invested in this dog of a company/industry. So, decided to cut my losses & exit. Bond portfolio: Sold off most of my bond holdings after some good gains, thanks to continued depression of interest rates. Vanguard Tot ..read more
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