April 2023 Log
2023-04-17
April 2023 Events & Stock Purchases
- TSMC guided Q2 revenue to decline ~4% QoQ and revised its full-year capex guidance downward.
- Financial liquidity risks: the Fed projected an economic recession this year, with a likely final rate hike in May.
After reading The Geopolitics of Semiconductors, I have a better understanding of how the semiconductor industry tends to face a silicon cycle roughly every four years. Given the supply chain disruptions from the war, this year might be a decent entry opportunity.
Current Portfolio Allocation
Taiwan Stocks
| Category | Approx. % |
|---|---|
| Semiconductors — TSMC, Asrock | 52% |
| Networking — Accton | 24% |
| Electronics/Computers — Lotes, Advantech | 11% |
| Banking — E.Sun Financial | 3% |
| ETF — Fubon Corporate Governance | 10% |
US Stocks
| Type | Approx. % |
|---|---|
| Dividend stocks | 10.26% |
| Dividend growth | 35.2% |
| Growth stocks | 46.97% |
| ETF | 5.46% |