December 2022 Stock Portfolio Update

December 2022 Stock Portfolio Update

Robert

Robert Watkin

03 December, 2022

Category: Personal Finance Basics

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.

StockTickerQuantityCurrent ValuePnL
Virgin GalacticSPCE400.8257561£1,675.00-73.95%
TeslaTSLA49.92854054£7,909.8227.28%
NIONIO44.62881331£476.40-63.22%
Crispr Therapeutics CRSP16.30181535£722.32-51.11%
Bionano GenomicsBNGO800.0652266£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 :)

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