Our portfolio updates for the week ending on January 31, 2025 are as follows.
Sold Some BTI
Our limit order to sell half of our BTI shares in the retirement portfolio was hit. We’ve held this for damn near two years, but data shows that the profit margins have gone to shit the last quarter or two.
There could be a turn around in store, which is the reason we only sold half our shares instead of the whole lot. We’re up 48%, so it’s a good time to take profits.
Bought ADM
We used the proceeds from BTI to initiate a position in ADM. The remaining capital was put into THTA (our new savings account).
ADM is an amazing stock for your portfolio. It’s the largest publicly traded farmland product company in the US. It has a dividend growth streak of 51 consecutive years, and its last dividend hike was 11.1%.
ADM has a 5 year CAGR estimate of 13.1% per year. And the cherry on top, it currently trades at a 30% discount to its fair value price.
Liquidated NEP
NEP reported earnings, which weren’t the worst, but far from the best. Inside the earnings was this little doozie. They are suspending their dividend indefinitely, which means we no longer have a need to hold NEP.
We sold for a total return of -37%. Going into earnings we were even, so yeah, earnings tanked that much after the dividend suspension notice. This is a prime reason why you never hold too much of your money in any one stock.
Shit like this can come from out of nowhere and ruin years of saving, investing and hard work. NEP had a dividend growth streak of 11 years and had raised its divide for 20 consecutive quarters. Always be prepared and never hesitate when it’s time to sell shares.
Added To Undervalued Positions
With the NEP proceeds, we added to our positions in both IIPR and PTMN. Both are down a little from where we bought, so dollar-cost averaging.
Sold AFCG
We’ve sold all our AFCG shares. It hasn’t performed as I would like, plus we hold IIPR which is essentially the same thing. We exit AFCG with a loss of -6%.
Bought YBTC
We used the AFCG proceeds to put some more into IIPR and to initiate a position in YBTC. YBTC is an ETF that holds IBIT shares and pays a weekly divie.
I put the same amount of money into IBIT and YBTC, just to see which is better. After an examination period I’ll sell off whichever one (IBIT or YBTC) is performing worse and put that money into the other one.
Swapped BITO for IBIT
In the vanning portfolio we switched out BITO for IBIT. Looking at the charts for BTC, IBIT has a better correlation to the price of BTC than BITO does.
BITO trades options and BTC futures, whereas IBIT holds BTC and thus performs better when BTC does better. As you all know I fully expect BTC to have a banger of a year. We exit BITO with a gain of over 400%.
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