Yesterday I changed my cash equity ratio from 40/60 to 50/50 and added DLady to my portfolio. This is because DLady is what we call a consumer staple, which are countercyclical stocks. After all, no matter what the economy we all need to eat. The only downside is that consumer staples are very rarely growth stocks so I am not expecting this one to shoot for the sky. Also with a PE of nearly 18 I am not exactly picking up this one for cheap. But the hope is that it will maintain its earnings in the face of an economic downturn.
I have also added the breakdowns to the portfolio so you can see the proportion of cash I have invested in each stock.
Happy Trading!
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