Wow I now have color in my blog!
I know my blog is pretty boring to look at. I'm working on it, but unfortunately I'm not very creative or gifted at designing websites. If anyone has an idea to make this better, let me know.
Looking at the sector breakdown in my portfolio, you can see it's very defensive. I'm way overweight consumer staples and also heavy on utilities and energy. I vastly underweight tech stocks and also go light on consumer discretionary and financials. It never occured to me I was actually overweight in the industrial sector, I will have to keep that in mind for the future. The materials sector is noticably absent in my portfolio, I plan to to remedy that situation sometime this year.
I never expect or even want to match the stock market in weightings. I just use it as a reference point. The distribution of quality dividend growth stocks favors some sectors more than others. It would be hard to find a bunch of tech stocks that meet my investing criteria, while it's a piece of cake in consumer goods.
Thanks Austinbroker. I stole the pie chart idea from you.