Plan for 2023
Increase exposure to quality dividend stocks/REITs. High inflation will reduce consumer...Time flies and it’s already March but I thought I’d share my stocks portfolio strategy for the year ahead anyway.
Let’s talk about the macroeconomic situation to set the stage. We are still in a bear market despite the recent rally. S&P 500 is around 15% above its 52-week low (rejected right below 20% resistance). Inflation is stubbornly high although of its peak, and in response central banks around the world continue to raise interest rates.
As additional background on my family and personal situation to set the context, I’m 37yo this year and we’re a young family with 2 kids below 5yo. My wife and I are still some ways from retirement age so we’re currently in wealth accumulation stage.
I’ll share my plan upfront, followed by the underlying core principles and nice-to-haves that drive this plan. Lastly, I’ll share briefly on our current portfolio.
