Saturday, May 31, 2014

Portfolio Status

Hello Everyone!

It has been a while since I've shared a recap of how my stock portfolio is doing. I will be the first one to admit that the past several months from January-May have been extremely busy for me. However, as pointed out in my prior post, I finally have some time to relax and do the things I love doing more often--- that includes managing my stock portfolio and looking for new companies to add to my repertoire.

I have some time until my new job/internship begins and that means I have been running again in the new found gorgeous NYC weather (another one of my passions) as well as enjoying some morning Television. I must confess that I have been absolutely obsessed with CNBC's "Squack on the street" and was pretty excited when one of the hosts replied to a random tweet I wrote one morning:

...Is the little things in life I tell ya'.

But anyways, still in the process of finding new stocks to add. I have some in mind but still doing some "background" analysis before I take that next step.

So anyways, how are my stocks doing? Considering the current bull market and how great the market has been overall, specially during the past week, I am happy to say that the majority of my positions are doing great. I have one portfolio with TradeKing and the other one with TDAmeritrade (may be looking to consolidate soon). But here you have a quick snapshot:

Symbol Description Avg Price Current Price Dividend Yield
CL Colgate Palmolive Company $59.19 $68.40 2.20% (1.44)
COH Coach Inc $74.01 $40.71 3.30% (1.35)
GOOG Google Inc $229.01 $559.89 n/a
GOOGL Google Inc $229.65 $571.65 n/a
JNJ Johnson & Johnson $82.85 $101.46 2.80% (2.80)
KO Coca Cola Company $27.95 $40.91 3.00% (1.22)
NWY New York & Co Inc $3.30 $3.96 n/a
V Visa Inc $143.35 $214.83 .80% (1.60)
Symbol Description Avg Price Current Price Dividend Yield
DIS Disney 73.96 84.01 1% (.86)
NKE Nike 75.91 76.91 1.30% (.96)
VZ Verizon 51.22 49.96 4.30% (2.12)
COH Coach Inc 73.54 40.71 3.30% (1.35)

You may notice there is one lagging stock in my portfolio which has been lagging for quite some time. Take a quick look above and you'll be able to identify what I am talking about. 

Most of my prior posts emphasize how much faith I have in the company as a whole and it is true that it still remains profitable with a lot of cash. However, the consistent decrease in North American sales for the past several quarters and increasing competition from companies like Michael Kors have hurt the stock price tremendously. Sales, however, have been increasing outside the U.S; specially in China and the company is currently going through a transition of becoming more of a "lifestyle brand" as oppose to simply a luxury brand; as well as branching out in to products targeted to the male population. 

In my honest opinion as an individual investor I still remain firm on the believe that it is a great company. However, I feel that competition is fierce and  it will take some time before the company is able to get through the "growing pains" of transition and emerge back in to healthy and profitable quarters in North America. The issue is-- how long will this take exactly? they have amazing management and are working hard behind the scenes to turn back the company but only time will tell. 

I also feel that the theory of an "hourglass" economy may also be affecting sales in North America. In simple terms---an hour glass economy refers to the idea that the "bottom" consumers---those who only buy things on sale and are constantly looking for cheaper deals, is expanding. On the other end of the spectrum-- those individual whom only buy extravagantly expensive luxury brands is also expanding, leaving the "middle" with less consumers and perhaps this is why Michael Kors sales margins were also recently affected during the past quarter. This is just a theory. 

Aside from this, I think the main issue is without a doubt competition. If COH is able to be strategic about their turn around and fight back the brands that are eating up market share, I believe a positive turn around in its N.A sales and its stock price is in fact in its future. However, time will be the best determinant of this conclusion and in the meantime, I will continue to watch my stocks like a hawk and do what I need to do when the time comes. 

Thank you for reading!

Feel free to share:

1. What stocks are on your current watch list?
2. What stock is currently "lagging" in your portfolio?

As always...wishing you LOTS of profits,


Wednesday, May 28, 2014

MBA: Completed!

Hey Everyone,

I am alive and well. I can finally say that I am finally living the "calm before the storm". I started an MBA degree part time back in the spring of 2010. Although I often felt like I would never finish; I have to be honest in that I took it slow and steady. I never took more than 2 classes per semester and didn't always take summer classes. However, when I realized during the fall of 2013 that I could actually finish my degree if I took up four classes the following semester I decided to suck it up and do it. And so I did. As one of those sayings go "don't delay happiness".

If you are a close family member or friend you can be a testament to how difficult getting his degree has been for me and how many sacrifices I had to endure in order to get through semesters. From missing celebratory events of loved ones to having my laptop and books with me during vacations or mothers day/fathers day celebrations, to crying by myself at night feeling alone and wondering whether so much sacrifice would be worth it. But one thing is for sure. The support from my parents, my sister and friends was always incredible. And that means the world.

Despite my love and passion for finance I have to be honest in that my most difficult and challenging classes where all finance related (note: finance was my concentration!). There were times where I either wanted to quit because of how difficult things would get and I have to admit there were a couple of times where I would fear I would fail a class (I have never failed a class in my entire life). However, thanks to a whole lot of focus, determination, and most importantly-- prayers; I managed to pass each and every single one of my finance courses as well as all other courses I took on. I maintained a GPA over 3.0+ during my entire MBA career which was no easy task working full time and going to school at night.

Today I can finally add the "MBA" designation next to my name and I am also incredibly excited for what's to come in my life. I am so incredibly lucky to be starting an internship with one of my favorite companies this summer (will share more about that soon) doing what I LOVE. And after that, the sky is the limit. I am not sure what exactly is going to happen in my life going forward but all I know is that I have goals, plans, and an incredibly good feeling for what's to come. Instincts never lie!

Something I am very proud of is that I was able to finish this degree with very minimal debt. I was lucky enough that when I started this degree I worked for an employer that was paying for my courses. When I changed employers, although they didn't pay for the courses, I was almost done with the MBA and I managed to work out my finances in a way where I was able to  keeping loan at a minimum. I plan to start paying back ASAP and have a clean slate once again. I will be doing some research on the best way to approach repayment but I am always willing to listen to advise from the investing/personal finance community so if anyone wants to share tips or tricks let me know!

Now that school is behind me I will have more time to blog and do the things I enjoy. I have so much catching up to do in the investing department of my life and looking forward to it. In the meantime I have been spending a lot of time watching CNBC in the mornings (can I just say I am kind of obsessed?!) and just monitoring my portfolio of stocks. Thinking about doing some rebalancing but will share more about that when I figure out which route I will take.

Thank you for reading and cheers to new beginnings!

I forgot to mention this but my MBA is in Finance and Entrepreneurship.

...And in honor of my favorite author whom passed away today, may God rest her soul. I leave you with a very relevant quote:

Wishing you lots of profits,

Mabel A. Nunez, MBA