So I thought I would do something a little different than the type of content I have been posting to date. I will be posting monthly portfolio updates on the blog as time goes on showing how my portfolio has changed on my way to financial independence.
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 June 1st 2022 is £11,080.58
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 | 381.54 | £2,124.40 | -65.55% |
Tesla | TSLA | 8.89 | £5,347.59 | 85.81% |
NIO | NIO | 44.63 | £616.44 | -52.41% |
Crispr Therapeutics | CRSP | 16.30 | £751.64 | -49.12% |
Bionano Genomics | BNGO | 791.47 | £1,087.56 | -49.17% |
Accenture | ACN | 4 | £948.24 | 12.56% |
Up Fintech Holdings | TIGR | 64.97 | £210.55 | 2.34% |
With recent months the growth sector has been hammered a long way down from where it was. Late last year my portfolio was in the early £20k's so nearly half of the value has been chopped since. I have high confidence in the companies I am invested and therefore when the markets have been down, I have been taking the opportunity to load up on shares cheap. Let's see how things will play out.
I will aim to make the first blog of the month a portfolio update to see how we progress over time. Let me know what you think of this post in the comment section and thanks for reading