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Updates for my Portfolio for February 2021

I am still testing more ideas for a side project I am working on. Starting to get a little impatient. But at least I managed to get more consistency. Hope by the end of the next month I can scale.

  • Buy Moody Corp at 278.8899
    • Reasons 
      • This is another move of revenge buying from unhappiness at work here, so I found this fairly valued then.
      • Based on a 5 year historical average PIE of 31.32x and estimated diluted eps from 2019 which is about $8.98. That works out to be about 281.25.
  • Buy Manulife US REIT at 0.69
    • Reasons
      • One more revenge buying again.
      • Manulife US REIT is trading at both historical high dividend yield and historical low PB at the price, 8.17% yield and 0.94PB respectively
      • Decided to initiate a position first.
      • I have some doubts partly because the Covid situation has impacted office sectors so I didn't get a large position yet.
 
That's all for my money for now. There's a couple of trading I made with VT but those charts were lost during my computer change transitions and the amount is probably not significant of my portfolio so I decided to exclude them.

The US market are slight red but still expensive, there's a counter that's almost reaching my initiation price. Hopefully, I can get other counters too.

Conclusion

My portfolio YTD is now ~22%, with the long term XIRR at 3.52%.


My cash position is currently at about 11%. Probably keep an eye out for opportunities while conserving cash (there's still a balance transfer the size of about 10% of my portfolio ready).

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