My Portfolio’s Growth and Potential Adjustments
Over the past few years, I’ve been fortunate enough to see my portfolio grow steadily. With a current upswing of 177%, I’ve been enjoying the fruits of my investments. But as any seasoned investor knows, the market is a living, breathing entity that demands constant attention and adaptation.
Telus: A New Opportunity
Recently, I’ve been considering adding a little more Telus to my portfolio. The stock has taken a hit, but fear not, for Telus’ situation isn’t as dire as it may seem. In fact, the company’s free cash flow and cash from operations have been on the upswing throughout 2024.
Why Telus?
So, why Telus, you ask? Well, Telus is a leading telecommunications company based in Canada. They offer a wide range of services, including wireless, internet, and television. With the increasing demand for reliable and fast connectivity, Telus is well-positioned to capitalize on this trend.
The Market’s Reaction
However, the market hasn’t been kind to Telus lately. Some investors have been spooked by the company’s declining revenue and profitability. But as I mentioned earlier, the situation isn’t as dire as it may seem. Telus is making strategic investments in its network and services to stay competitive, and these investments are expected to pay off in the long run.
Selling BlackRock
Now, you might be wondering, if I’m adding Telus, what’s going to leave my portfolio? Well, I’ve been thinking long and hard about it, and I believe the only stock I could see myself selling in 2025 would be BlackRock.
The Case for BlackRock
BlackRock is a global investment management corporation that manages over $9 trillion in assets. It’s a behemoth in the investment world, and I’ve been fortunate enough to see some solid returns from my investment in BlackRock. But with the market always in a state of flux, I’ve decided it’s time to diversify.
The Market’s Perspective
The market’s reaction to my potential sale of BlackRock is anyone’s guess. Some investors might see it as a sign of weakness, while others might view it as a strategic move to rebalance my portfolio. Only time will tell.
The Impact on Me
As for me, I’m excited about the potential growth of Telus and the opportunity to diversify my portfolio. But I’m also aware of the risks involved in investing, and I’ll be keeping a close eye on the market and my investments.
The Impact on the World
On a larger scale, the addition of Telus to my portfolio and the potential sale of BlackRock could have ripple effects on the market. But it’s important to remember that individual investors make up only a small fraction of the overall market. The market will continue to evolve, and I’ll be here to adapt and learn.
Conclusion
In conclusion, my portfolio has seen some significant growth over the past few years, and I’m always looking for opportunities to adapt and diversify. While Telus may be a new addition, and BlackRock might be on its way out, I’ll be keeping a close eye on the market and my investments. And who knows, maybe I’ll discover a new gem that will take my portfolio to new heights.
- My portfolio has grown by 177% with a 15% annualized growth rate
- Considering adding Telus to my portfolio due to improving free cash flow and cash from operations
- May sell BlackRock to diversify and capitalize on Telus’ potential growth
- Market reaction to these changes is uncertain
- Impact on me: Excited about potential growth and diversification
- Impact on the world: Ripple effects on the market, but individual investors make up only a small fraction
