Adding MA

I'm adding two shares of MA to the portfolio @ $346. While MA is more expensive than I prefer, I wanted to add a stock that 1.) Provides some defense in a recession, and 2.) Has long-term upside. 

With a hawkish FED -- and European Central Bank -- I would not be surprised if the portfolio enters negative territory. It could drop 10, 20, 30%, maybe more. It's impossible to know how far a stock will rises or fall. But I like the valuations I purchased the stocks at, and I do not intend to sell them.

The rounded portfolio allocation is:


CB                14%

CRWD          23%

GOOGL        22%

MA               14%

SNOW          27%

As of today, the Model Portfolio is +1.1%

I'd like to add ASML at a lower price. Semi-conductors are vital to technology, and exposure to that sector seems prudent. The current price is $574.26 -- I'd like to add around $500.

Some good news is that the data shows that inflation continues to decline. The bad news is the FED and ECB seem determined to send the economies into a recession in order to tame inflation. The FED, historically, is not good at predicting its own moves, so I take what they say with a grain of salt.

Have a great weekend, everyone!

This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strictly at your own risk.  This website may share links to articles and information which is interesting to me, but it is in no way an endorsement by me or by anyone associated with me.  The views reflected in the commentary are subject to change at any time without notice.   I may or may not hold investments in the companies or securities discussed on this website.

Marlin Sandlin owns shares of Crowdstrike (CRWD), Snowflake (SNOW), Chubb Limited (CB), Alphabet Inc. (GOOGL), and Mastercard (MA).

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