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 December 3rd 2022 is £12,144.06, up £201.45 (+1.68%) 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 | £1,675.00 | -73.95% |
Tesla | TSLA | 49.92854054 | £7,909.82 | 27.28% |
NIO | NIO | 44.62881331 | £476.40 | -63.22% |
Crispr Therapeutics | CRSP | 16.30181535 | £722.32 | -51.11% |
Bionano Genomics | BNGO | 800.0652266 | £1,359.46 | -36.99% |
Changes Since The Last Update
My main changes since last month have been completely cutting my Accenture $ACN stock and putting that into Tesla $TSLA. Accenture was one of my only other green positions in the current market conditions, and with Tesla being as low as it is, which I think is massively undervalued, I wanted to grab as much as I could.
I took my $TSLA share count from 33.73 to 49.92. I will be hoping to finish getting it to 50 shares as an arbitrary nice number. But I expect over the long term I will continue to grow my Tesla position specifically.
Most of the other stocks in my portfolio are ones I also intend on holding a long time however the potential upside and risk factors currently weigh to Tesla being the best bet in my portfolio. I see a very bright future for Tesla, I am super excited about the Tesla Semi release and all the great stuff coming in the coming years.
That's it for this months update.
Thanks for Reading :)