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- Portfolio Update - March 2024
Portfolio Update - March 2024
Record highs for the market, but how did our portfolios do?
Mark Roussin & CMG Venture
April 09, 2024
Good morning investors!
Every month we publish our “Portfolio Update” — Edge+ members get a full access look into our portfolios, including holdings, performance, activity and our watchlists for the upcoming month.
Let’s dive in.
Portfolio Update - Mark
For those new here, IE+ subscribers get full access to my monthly dividend portfolio updates, which includes:
Portfolio Snapshot
Portfolio Performance
Stock Purchases
Stock Sells
Watchlist
*Note - this is the ONLY place where people can find my entire portfolio.
Portfolio Snapshot
As of the end of March 2024, my portfolio contained 48 total positions, an increase of 1 new positions from the prior month.
You can see all the portfolio activity down below, but first, here is a snapshot of my entire portfolio…upgrade to Edge+ to read Mark’s entire Portfolio Update.
Portfolio Update - Chris
Every month, Investor’s Edge+ members get updates to my individual brokerage portfolio, which includes:
Portfolio Snapshot
Portfolio Performance
Stock Purchases
Stock Sells
Watchlist
*Note - this update ONLY includes my brokerage portfolio. Retirement accounts, cryptocurrency, real estate and cash/cash equivalents outside of the brokerage are excluded from this update.
Portfolio Snapshot
As of the end of March 2024, my brokerage portfolio contained 58 total positions — 55 stock holdings and 3 options contracts.
What We Are Watching
If you are looking to see specific stocks that we are watching in April, check out this post from earlier this month:
Closing Remarks
In closing, the first quarter was one to remember, the strongest start to a year since 2019. The great part about the quarter was not only that stocks were off to a great start, but it was how they were doing it. In 2023, it was largely about Technology and Communication Services, but this year we have seen a broadening in the rally, which is quite healthy.
However, it is important to remain defensive as inflation remains an issue, and if that continues, the Fed will be forced to keep rates higher for longer. The labor force continues to be unfazed, which gives the Fed more firepower to keep rates elevated for longer. However, any dip in the economy or the labor force, although it would bode well for inflation, it could force the Fed’s hand in beginning rate cuts. It will certainly been an interesting Q2 to say the least.
As for our portfolios here at the Investor’s Edge, both portfolios have been performing quite well, outperforming the likes of the S&P 500, following up our performance in 2023.
We will continue to look for new ideas in the market and bring you as much information as we can to give you an EDGE in the markets.
If you enjoyed this Monthly Portfolio Update, then do us a HUGE FAVOR and SHARE THE INVESTOR’S EDGE WITH FRIENDS AND FAMILY. It’s the best way to help us out as it lets us grow and be able to keep bringing you great investment content.
And don’t forget to LEAVE A COMMENT. Let us know your thoughts on our portfolios, share your watchlist for the month or even just let us know that you appreciate the content.
Thank you, and until next time investors!
Mark & Chris
The Investor’s Edge
Disclaimer
This article is intended to be for educational and informational purposes only. The views described in the article are those of the author’s and should not be construed as financial advice. Perform your own due diligence or contact your Financial Advisor before making any financial investment. I have positions in all of the stocks & ETFs mentioned below as of the publish date. This is a disclosure - not a recommendation to buy or sell stocks.
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