Henry Joseph Svec's Blog
January 3, 2019
A 30.62% Return on Stocks in 2018-How did I do it?
Shrink Money Advice
By Dr. Henry Joseph Svec
As I discuss in the book “Shrink Money Advice-Millennials to Boomers how to Invest Today” the philosophy of my investments for the next 10 years have to do with 2 major areas. Real estate and real estate lending, primarily apartments or health care delivery and home care leveraged with technologies. When investing in stocks it’s important to have a minimum of a 10 year outline of stable products and services that can only be enhanced rather than replaced with technology. In my TFSA portfolio here’s how I earned the return of 30.62% while the Canadian market lost 9.63% and the US markets (Dow) losing 5.6% in 2018.
1. As I discuss in the book focus on the areas that will stand the test of time and that are great value.
2. Take profits. Part of the gain this year was from my realizing a profit in a home care service company Viemed Healthcare when I sold 50% of the stock after realizing a gain of over 300%.
3. Don’t let emotions drive your behavior. When a great company goes on sale you need to purchase not sell. This can be difficult as felt when my top pick for 2019 Laurentian Bank dropped to $38. I purchased more and continue to purchase the stock based on time not the price (buying a number of shares each month).
4. Currently I have 16 different stocks in the portfolio but will be trimming that down to 11-14. I never want to own a lot of stocks as it’s difficult to do the work in keeping up with the quarterly and annual report reviews. To be successful I believe you need to focus on a small group of stocks.
5. Dividends are valuable. While my homecare technology stocks do not pay dividends all of my real estate investments do. It’s important to get paid monthly regardless of what the stock value is doing.
In the last part of my book I talk of a number of stocks that I would hold in 2019. Here are my top 3.
Laurentian Bank 33.89% of the portfolio
Northwest Healthcare 15.53% of the portfolio
BTB Real Estate Investment Trust 14.21% of the portfolio
My returns annually since 2015 have been -9.10%, 2016 +10.41%, 2017 +362.71% (Reliq healthcare effect) and +30.62% this past year. Being patient and sticking to the two areas of Real Estate and home healthcare technology have been the reasons for these gains in my portfolio. Also don’t forget a good bit of luck. Remember to only make changes to your existing portfolio by first talking to your advisor. Past gains of course do not have any predictability to future gains or success. Remember as discussed in the book a range of diversity of types of investments is also important to preserve capital.
By Dr. Henry Joseph Svec
As I discuss in the book “Shrink Money Advice-Millennials to Boomers how to Invest Today” the philosophy of my investments for the next 10 years have to do with 2 major areas. Real estate and real estate lending, primarily apartments or health care delivery and home care leveraged with technologies. When investing in stocks it’s important to have a minimum of a 10 year outline of stable products and services that can only be enhanced rather than replaced with technology. In my TFSA portfolio here’s how I earned the return of 30.62% while the Canadian market lost 9.63% and the US markets (Dow) losing 5.6% in 2018.
1. As I discuss in the book focus on the areas that will stand the test of time and that are great value.
2. Take profits. Part of the gain this year was from my realizing a profit in a home care service company Viemed Healthcare when I sold 50% of the stock after realizing a gain of over 300%.
3. Don’t let emotions drive your behavior. When a great company goes on sale you need to purchase not sell. This can be difficult as felt when my top pick for 2019 Laurentian Bank dropped to $38. I purchased more and continue to purchase the stock based on time not the price (buying a number of shares each month).
4. Currently I have 16 different stocks in the portfolio but will be trimming that down to 11-14. I never want to own a lot of stocks as it’s difficult to do the work in keeping up with the quarterly and annual report reviews. To be successful I believe you need to focus on a small group of stocks.
5. Dividends are valuable. While my homecare technology stocks do not pay dividends all of my real estate investments do. It’s important to get paid monthly regardless of what the stock value is doing.
In the last part of my book I talk of a number of stocks that I would hold in 2019. Here are my top 3.
Laurentian Bank 33.89% of the portfolio
Northwest Healthcare 15.53% of the portfolio
BTB Real Estate Investment Trust 14.21% of the portfolio
My returns annually since 2015 have been -9.10%, 2016 +10.41%, 2017 +362.71% (Reliq healthcare effect) and +30.62% this past year. Being patient and sticking to the two areas of Real Estate and home healthcare technology have been the reasons for these gains in my portfolio. Also don’t forget a good bit of luck. Remember to only make changes to your existing portfolio by first talking to your advisor. Past gains of course do not have any predictability to future gains or success. Remember as discussed in the book a range of diversity of types of investments is also important to preserve capital.
December 31, 2018
15 Money Tips for Millennials in 2019
Dr. Henry Joseph Svec
1. Save between 10% and 40% of income. Have that amount taken off automatically each pay period. If you are working full-time and living with parents you MUST save 90% of your salary for future investments.
2. Place those funds in a high interest, government guaranteed savings account.
3. When $10,000 or more is available, invest in a small duplex, living in one renting out the other.
4. Move to an area where the cost of living is reasonable.
5. Separate wants from needs. Focus on needs 99% of the time.
6. Never borrow money to buy a depreciating toy that has no value. i.e. car
7. Give back to others. Don’t wait until you are financially strong, do this from day one.
8. Avoid toxic people and relationships.
9. Seek out a mentor that has achieved or been successful. Someone who is where you want to be.
10. Begin investing in Public companies that pay a strong dividend. Do this within a TFSA.
11. Exercise at least five times a week. People who engage in regular exercise are more successful in all other aspects of life.
12. Eat Healthy food. Are you? If you want to know how you are doing go to the Apple or Google app store and download Click-Eat the healthy diet and a registered Dietitian will let you know.
13. Take steps to find CHI. More time to self-reflect and meditate with no purpose.
14. Read at least one book per month on finance, real estate or any other area of self-improvement interest.
15. Love
(From the book “Shrink Money Advice Millennials to Boomers-How to Invest Today” Subscribe to the free podcast here https://itunes.apple.com/podcast/Shri... )
Report this
1. Save between 10% and 40% of income. Have that amount taken off automatically each pay period. If you are working full-time and living with parents you MUST save 90% of your salary for future investments.
2. Place those funds in a high interest, government guaranteed savings account.
3. When $10,000 or more is available, invest in a small duplex, living in one renting out the other.
4. Move to an area where the cost of living is reasonable.
5. Separate wants from needs. Focus on needs 99% of the time.
6. Never borrow money to buy a depreciating toy that has no value. i.e. car
7. Give back to others. Don’t wait until you are financially strong, do this from day one.
8. Avoid toxic people and relationships.
9. Seek out a mentor that has achieved or been successful. Someone who is where you want to be.
10. Begin investing in Public companies that pay a strong dividend. Do this within a TFSA.
11. Exercise at least five times a week. People who engage in regular exercise are more successful in all other aspects of life.
12. Eat Healthy food. Are you? If you want to know how you are doing go to the Apple or Google app store and download Click-Eat the healthy diet and a registered Dietitian will let you know.
13. Take steps to find CHI. More time to self-reflect and meditate with no purpose.
14. Read at least one book per month on finance, real estate or any other area of self-improvement interest.
15. Love
(From the book “Shrink Money Advice Millennials to Boomers-How to Invest Today” Subscribe to the free podcast here https://itunes.apple.com/podcast/Shri... )
Report this
