Our portfolio updates for the week ending on January 17, 2025 are as follows.
Halving 3M
We’ve had a great run with MMM in the retirement portfolio, but have entered a sell order for half of our position. We’re only making about $120 a year with our current allotment.
By selling half we can still get price appreciation when MMM goes higher. It just doesn’t make sense to keep this when I believe that we can make more money in something else. That’s why I decided to take profits on half of our position.
Currently, we’re up about 70% in MMM and when the limit hits, that will jump to over 90%.
Over Allocated In HTGC
Even though we love HTGC, it’s gotten too big for its britches in the Van Life Portfolio. To keep our portfolio from becoming over allocated here, we have entered a limit order to sell a few shares. We’re up over 200% in HTGC, so taking some profits isn’t the worst idea.
If you recall, we don’t like to have more than 5% of our total portfolio in any one investment. HTGC is over that 5% threshold, so selling off some shares will trim our position down when when the limit hits.
Cash Dividends Disbursement
We’ve taken our cash from dividends the past week and put the proceeds into THTA and INTC. THTA is our new dry powder fund.
INTC is going to pop off at some point. They just spun off the venture capitalist side into its own entity. This is awesome because it allows INTC to focus on chips instead of investing.
I’m very excited to see how much INTC goes up in 2025. If you recall it was one of my projected best performers of 2025. Just saying.
Want Portfolio Updates Sent Right To Your Inbox?
We post updates about our portfolios each week, but if you’re worried about missing this time sensitive information, get on our free Investing IINsights email list. You’ll also get market updates and Tim’s top hand picked investment ideas.
