The updates in this article will see this portfolio reach 28.8% of the goal
Last weeks change +1.3%, 0.2% portfolio growth and 1.1% invested capital
⚠️ Disclaimer ⚠️
I am not a financial adviser, and the information I share is based solely on my personal investment journey as an average individual. Please remember that past performance of the market is not a guarantee of future results. Always do your own research and consider seeking advice from a qualified professional before making any financial decisions. Only invest what you are willing to accept losing.
Last Week’s Portfolio Performance
Amazon’s stock has continued to perform well following its positive Q1 earnings report. The company remains transparent about the risks to sales should consumer spending be affected by high tariffs on Chinese goods. The likely time we’ll see any such impact is in Amazon’s Q3 earnings report, following their Prime Day sales.
I’ve enjoyed watching Cameco shares rise this week, bouncing back from the significant dips experienced in May. MarketBeat released an article this morning (11th May) stating that Cameco currently has an average rating of “Buy” and a consensus price target of $70.03.
Realty Income earned more than expected, is almost fully leased out, and continues to grow. In Q1, 98.5% of its properties were recorded as occupied, and the business’s adjusted funds from operations increased by 3%—a promising sign for the company’s future.
Aecom is seeing high demand for its services. This was highlighted in their quarterly report, which marked a 17th consecutive >1.0x book-to-burn ratio (1.2x). This means that for every $1.00 of work completed, $1.20 of new work was booked. This underlines the company’s stability, allowing it to forecast income and manage costs effectively in advance.
This Week’s Investments
This week I’ll be investing £110. There’s a lot I’d like to invest in all at once, but I’m sticking to my regular investing pattern and budget. That discipline is key. Perhaps through June and July, I’ll consider increasing the weekly investment to help me reach my goal of £10,000 by year-end.
I’ll be splitting the £110 as follows:
- £30 in Cameco
- £30 in Realty Income
- £50 in the S&P 500
Next Week…
Keep an eye out next week for a further update on this portfolio as we journey our way to £10,000.
If you missed last week, you can find it here.
If you like these articles and are interested in the progression of this portfolio, hit the like button at the top or bottom of this article. Your input means a lot and will help to shape the future of this blog.
Have a great week!
