Good evening 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 our entire portfolios.

Portfolio Snapshot

As of the end of October 2024, my portfolio contained 51 total positions, in line with the prior month.

You can see all the portfolio activity down below, but first, here is a snapshot of my entire portfolio:

Portfolio Performance

In this section, I will highlight the performance of the portfolio both on a MONTHLY and Year-To-Date basis.

For comparison, here is how the benchmark S&P 500 did during those same time frames:

And here is how the equal weighted S&P 500 performed:

The portfolio saw its five month winning streak come to an end unfortunately, but barely. The portfolio lost 0.3% during the month of October, which outperformed the S&P 500, which lost 1% during the month, so that was a positive. On the year, we continue to outperform the S&P 500 on pace for my 8th consecutive year of outperformance, but still a long ways to go before we claim victory.

The market continues to broaden, which is a positive and we now have clarity on who the next president will be a long with the House and Senate, which is beneficial to investors to have less uncertainty. However, various sectors are likely to benefit, and we have seen a big run post election thus far, which are showing up in the November results thus far.

There are plenty of reasons to be bullish going into the final two months of the year as we typically rally into the close of the year. On top of that, the 6 month period between the start of November and end of April is typically the best 6-month period for stocks.

On the bearish side of things, valuation continues to look stretched, so it continues to be a stock pickers market, where finding cheaper, yet still high quality stocks is how we remain successful.

November will see some repositioning into various sectors, which those of you Edge+ members that are in our discord, you get TRADE ALERTS for in real time. If you are not yet connected to the discord, make sure you take advantage of that as it is a major perk for Edge+ members.

Monthly Activity

In this section, I detail out any transactions that were made within the portfolio during the month.

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 October 2024, my brokerage portfolio contained 58 total positions — 56 stock holdings and 2 options contract.

Here is a snapshot of my portfolio:

Portfolio Performance

In this section, I will highlight the performance of my portfolio in October as well as for the full year.

For comparison, here is how the benchmark S&P 500 did during those same time frames:

And here is how the equal weighted S&P 500 performed:

In October, my portfolio saw a slight decline, mirroring the broader market's pullback. However, it's important to highlight that it still managed to outperform the S&P 500 benchmark, reinforcing the strength of its diversified construction.

While the S&P struggled under sector-specific pressures, my portfolio’s overall exposure to various industries helped mitigate potential losses, proving the importance of diversification as a buffer during periods of volatility.

Additionally, my large cash position allows for flexibility, enabling swift action when high-quality assets become attractively priced. This liquidity is a powerful tool, especially as we approach year-end with looming questions around inflation, interest rates, and potential political impacts on the market.

Patience remains key in this environment. Valuations are still evolving, and with economic uncertainties persisting, restraint can be a strategic asset. Rather than reacting to every market fluctuation, my focus is on steady, disciplined growth over time.

Holding cash, strategically hedging, and waiting for opportune moments allows this portfolio to stay on course, ready to capitalize on the market's eventual recovery.

Monthly Activity

In this section, I will go through the transactions that were made within the portfolio during the month.

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Closing Remarks

Now that we have a lot more clarity based on earnings, the election, and the Fed, this clears the way for investors to close the rest of the year. Shares have jumped in a big way since the election, which further stretches valuations giving us some concern, but as always, we prefer time IN the market rather than trying to TIME the market.

As always, continue to perform your due diligence ahead of time so you are ready when opportunities present themselves.

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.