EBRGF - More Big Changes To My Dividend Growth Portfolio
2024-03-18 06:46:25 ET
Summary
- I have been actively reshaping my portfolio by selling off low-conviction holdings and focusing on high-growth compounders.
- I have reduced my holdings from roughly 90 to roughly 70 over the past 6 months or so.
- I am excited about my current allocations and believe my portfolio changes will set them up for continued double-digit annual income growth.
Late last year, I published an article titled, “ Why I Made Big Changes To My Dividend Growth Portfolio ” which highlighted a series of sales that I made to help pay for a new home that we’re building.
At the time, I mentioned that I wasn’t only looking to make the deposit on the build, but that I was also looking to simplify my financial life a bit by reducing my portfolio holdings.
When thinking about streamlining holdings, I wanted to begin taking steps to reduce/eliminate exposure to certain industries that I no longer felt strongly about.
In short, I wanted to get more concentrated into my top ideas (typically, high growth compounders) and reduce exposure to low growth, deep value/high yield-centric ideas....
More Big Changes To My Dividend Growth Portfolio