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 January 3rd 2022 is , down £3,483.05 (-28.6%) 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 | £1,168.65 | -81.82% |
| Tesla | TSLA | 57.64956828 | £5,949.59 | -15.67% |
| Crispr Therapeutics | CRSP | 16.30181535 | £555.20 | -62.42% |
| Bionano Genomics | BNGO | 800.0652266 | £978.65 | -54.64% |
Changes Since The Last Update
I continued buying more Tesla this month progressing to over 57 shares. About 7 shares more this month. I have also closed my NIO position. Although unfortunately I had to sell my NIO stock at a loss, I see the potential upside of Tesla to be a lot higher than NIO with Tesla having a lot less risk. As Tesla continues to get beat down I will still be loading up as much as I can. I see the current stock price as a low figure that won't be around forever. Once the FUD dissipates and the positive catalysts start coming in (to which there are a lot for 2023) I could see a similar situation to the end of 2019/early 2020.Whether it takes 2 months or 2 years, I will be buying more and more while I feel the prices is unreasonably crushed down. Thanks for reading :)