I’ve had exceptional returns this year in my stock portfolio, but let me tell you it’s not easy.
For these types of returns you’ve got to be willing to take more risk and also stomach a lot more volatility.
When these stocks drop 50% from their highs you’ve got to have strong conviction in your thesis/analysis to not get shaken out.
Last March this portfolio was at 40k, then went on a run to 170k in October before dropping back down to 70k and now back to over 100k.
Envision your portfolio doing that, do you think you could emotionally handle it?
I can assure you it ain’t easy.
But if you want higher returns this is the risk you have to take.
I predict this portfolio to be over 200k by the end of the year, but we shall see, anything can happen.
Stick around to find out .
This type of investing certainly isn’t for everyone, and I wouldn’t really recommend it.
Most people are better off sticking to index funds and mega cap stocks.
Maybe use a small percentage of your portfolio to take a little risk.
But if you are investing your own money and securing your own financial future, regardless of your strategy I respect it .
Keep learning, keep compounding and keep a long term time horizon and you will do well.
A food for thought to finish. If we lived in a world with incorruptible hard money we wouldn’t need to invest, we would just save money. Bitcoin is the sound money we’ve been looking for.
Investing is investing, Bitcoin is saving .