This is an update to my US Portfolio, which I haven’t done so since October 2011. The reason for this was simple, my portfolio simply did not change much during November and December. However, during the bull run this year, many of my stocks were called away. I have decided against using covered call strategies as I feel they do not fit in well with my long term investment strategies. See Myth of Selling Call Options On Stocks You Own or Covered Calls As Passive Income.

Also, I am in the middle of consolidating my stock holdings so that I can better focus my research. Microsoft, A T&T and Eli Lily were the stocks which got called away. Looking back, I would have been better off just keeping the stocks without selling call options. By selling the calls, I actually gave up on the huge bull run that took place ...