Hi all, this is my monthly portfolio update which is a little different from my usual content. I hope you find this interesting and please let me know your thoughts on the companies I own a part.
Why am I sharing my portfolio?
That is a question you may be asking yourself. After all, many people find talking about there personal finances as taboo however whenever other people have shared there portfolios online I have always found it interesting and often motivational to see where I could be going. This is why I too will share how my portfolio progresses month to month.
With my current situation I am working full time with this website as a side project. The site currently is losing money each month however hopefully in the future, this will act as an additional supplement to my portfolio. With that being said, I thought it may also be fair to share my portfolio if some money from this site may eventually end up helping my portfolio grow.
I am also going to say my portfolio is by no means a large portfolio however, it also is a modest amount of money for some people. I don't want this post to come across as any form of brag. I purely want to share my portfolio in the name of transparency and curiosity. I will also be able to look back on this in many years to come as to whether I have made great decisions... or awful ones.
My Portfolio
So the total value of my portfolio as of September 1st 2022 is £11,942.61, down £1127.88 (-8.63%) from last month.
The shares I currently own are all highly speculative growth stocks. You may disagree or agree with my picks and I am open to hearing your thoughts down in the comments below. I am now in my 4th year investing which in the grand scheme of things is a short time so I am open to the fact that my opinions may be flawed and I am happy to be proven wrong, however with my current judgement I am happy with my picks.
Stock | Ticker | Quantity | Current Value | PnL |
Virgin Galactic | SPCE | 400.8257561 | £1,608.34 | -74.98% |
Tesla | TSLA | 33.72880054 | £6,636.86 | 79.29% |
NIO | NIO | 44.62881331 | £372.37 | -71.25% |
Crispr Therapeutics | CRSP | 16.30181535 | £762.07 | -48.41% |
Bionano Genomics | BNGO | 800.0652266 | £1,570.72 | -27.19% |
Accenture | ACN | 4 | £991.19 | 17.67% |
Changes Since The Last Update
As this month has went on, I have been once again trying to grow my Tesla position. It currently takes a large proportion of my portfolio however I have high conviction in the company going forward. They're cashflow positive and executing extremely well.
Compared to the rest of the auto industry, Tesla looks like they are playing with children!
Although I haven't purchased any other stocks, I did purchase a small amount of Ethereum while valuations have been super low.
I am not a financial advisor and anything I say in my blog is not to be taken as financial advice. For any financial advice please contact a financial professional. My blog is based on my own opinions, research and understanding of the financial markets.
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Thanks for reading