11.30.2020 Revealing My Personal 100,000$+ Portfolio
"Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1."
Welcome to official reveal of my personal 100,000$ Portfolio
Hello and welcome,
This is the first post showing my portfolio and so I will try to cover as much as I can, but if you think I have missed something out that you believe I should have covered or you want me to explain/elaborate on more please feel free to
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***I’m NOT a financial advisor and everything on this substack and these posts are of my personal opinion and this is for entertainment and educational purposes only. Do your own research.***
Here is the break down of whats to expect below:
Introduction to My Portfolio
Snapshot of the actual Portfolio
This week’s Important Events related to equities that I’m currently holding
Extra
BONUS*
Introduction to My Portfolio
My previous portfolio was on M1 Finance that I had from 2018 to 2019 and when I closed it my return was in high 40s percent with portfolio of around 10,000$ to 15,000$. My issue with M1 Finance is you can’t do options and you can’t pick your own prices to buy in and sell out of stocks (and for me to have full control of what I do is important. I felt like at the time that I want to be able to do options and be able to choose my own prices), so that is when I learned about WeBull. WeBull sold me on the idea of being able to buy/sell stocks & do options with 0$ Commissions. Meanwhile I was also taking a 3 day seminar at Atlanta, GA with Phil Town and everything slowly (but surely) start clicking to me in the mid-to-end of the 2019.
I started to slowly liquidate my positions on M1 and transferring $$$ to WeBull (as they were also offering free stocks with certain $$$ deposits and who doesn’t like free!). Few positions I transferred from M1 to WeBull…
You might ask: “Why didn’t you just transfer everything to WeBull and keep your positions with good prices?” And I might answer: “ I didn’t want to transfer positions that I didn’t feel like were a really good companies to own.
As you can see from the image above from 9/2019 to 11/20 my portfolio has been rising and its partially due to pouring all of the $$$ that I had saved/deposited before COVID-19 and due to me buying a lot of things when market bottomed*.
*I will not say that I timed the market correctly but I did get some good prices during 4/2020*
During 4/2020 I still did not have 100,000$ available (I had about 20,000$-30,000$) but whatever I did have available I was trying to strategically allocate to the companies that I liked/loved and that were trading at MoS, as I was not aware at the time that we bottomed out. Fear was in the air and I did not want to go “all in” just in case if the market would go lower I would be able to buy more.
Snapshot of the actual Portfolio
For fears of making this post too long, the actual breakdown of all the equities will be done next week on 12.07.2020
As of 11.30.2020 I have 13 positions out of with $AAPL & $JD (I do not believe that for both $AAPLs & JDs profits counted towards my Annual Return % as AAPL is up over 100% and JD is up over 200%) has been transferred from M1 to WeBull, 12 positions via Options, and about 40ish percent is Cash.
Next week I will do detailed breakdown of each Stock position, while options are done on weekly, biweekly, and monthly basis for cash flow. I don’t emphasize on options too much but when I see good risk VS reward or (if) I can sell put options for stocks that I don’t mind owning at certain price (if I get filled in) or if I see good cash flow strategy that’s when I execute*.
* Thanks to options I was able to get my self out of $DAL during the March-April crisis. At one point I was down on $DAL around -2,000$ but I was able to close my position +500$*
Please let me know if I should also do detailed breakdown of Option positions.
This week’s Important Events related to equities that I’m currently holding
December 1 - $MOMO Earnings Release/Call
December 2 - $DISCA Launches Global Streaming Service and Hosts Investor’s Briefing.
Extra
For this week’s extra I wanted to share a book that I read but I don’t see it circulating on FinTwit or being mentioned on the podcasts or other investing related sites/messages/groups/etc.
That book is Investing for the Long Term by Francisco Garcia Parames .
It’s a great investing book for those who love a good “value investor story” and also for anyone from Europe as Mr Parames invests in European markets (Mostly in Spain). Mr Parames is the reason I strongly believe in capital preservation. Not in the sense we must be conservative, but in the sense we must do our best to prevent the loss in a portfolio and that might mean proper strategic allocation of capital and of course Margin of Safety.
BONUS*
Bonus segment will not always be included but when it will it most likely will be a bit random(ish), and so for this time BONUS is *drum roll please* Cryptocurrency.
(I bet you did not expect it).
This is nothing to brag about or show off. I did not try to somehow predict or time any of my positions, but I did want to share and show that sometimes things work in a interesting/unpredictable way. I been holding this since sometime last boom/bust around 2018 and it’s been crazy ride for some but not for me I’m just holding it to see what the future will bring. I think cryptocurrency is something different and potentially special, I just don’t know what it is exactly.
I will most likely NOT post another cryptocurrency bonus or anything to do with crypto (as it is not really in my circle of competence but it is in my circle of curiosity) unless this portfolio falls like 50%-100% then that would be interesting to see for comparison.
Speaking of crypto, while typing this out I remembered that I have a ledger (with cryptocurrency) which I think I should plug in and see what’s in there. Who knows, maybe I’m already a millionaire…
Thank you for reading all the way to the end. I really appreciate your time. I hope you enjoyed this post and I would love to hear your feedback. If you did not enjoy it, I would still love to hear why that is.
Also if you find this post entertaining/educational and know someone who might, click below
Sincerely,
Mr Zaye
P.S.
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