The table shows my actively-managed investment portfolio as of 12/31/2020. All securities were traded in an American stock exchange and have a unique ticker to identify the security. The ETF is an exchange-traded investment funds designed to imitate the growth of U.S. large cap stocks. Each Stock is listed with its Market Sector and Mkt Cap, $b ; the Mkt Cap represents the market capacity of each security as measured in billions of dollars to show the total value of its tradable shares. Allocation is the percentage of the portfolio’s market value derived from its holdings of cash, ETF, and stocks. In the Strategy column, the growth strategy is to purchase a stock at a reasonably low price and hold it until the company stops growing over several-to-many years. As the company matures, its stock price should increase along with the company’s annual net income. The drip strategy is to purchase a stock at a reasonable price and reinvest the company’s dividends in additional shares of the same stock. The beneficial effect of ‘drip’ becomes more significant as the stock survives several market cycles.
Douglas R. Knight