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 £13,917.33, up £354.31 (+2.61%) 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 | 400.83 | £2,047.96 | -68.15% |
Tesla | TSLA | 31.35 | £7,469.88 | 134.78% |
NIO | NIO | 44.63 | £768.19 | -40.69% |
Crispr Therapeutics | CRSP | 16.30 | £917.34 | -37.90% |
Bionano Genomics | BNGO | 800.07 | £1,715.36 | -20.49% |
Accenture | ACN | 4 | £997.53 | 18.42% |
Changes Since The Last Update
Throughout last month I deposited an additional £470 into my portfolio. I increased some of my positions to arbitrary goals I had for this month. I got my shares in BNGO to 800 (eventually would like 1000+, maybe 2-3 months).
I raised my Tesla shares to what would have been 10 pre split and therefor 30 post split. Tesla underwent a Tesla stock split and with Tesla being my favourite holding which in my opinion is heavily overvalued, I decided to pickup an extra share with the remainders of my investment money in August.
I also increased my SPCE shares up to 400. I will not be buying as heavily into this stock in the short term due to delays in Virgin Galactic's execution. I do plan on occasionally purchasing SPCE at it's low prices while we get closer to commercial operations in order to lower my cost basis which is currently at £16.04. The current stock price is £5.19 (converted to GBP as it's my local currency) so a great opportunity to lower this cost basis.
This is all for this month's update. Let me know what you think and thank you for reading 😊
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 £13,917.33, up £354.31 (+2.61%) 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 | 400.83 | £2,047.96 | -68.15% |
Tesla | TSLA | 31.35 | £7,469.88 | 134.78% |
NIO | NIO | 44.63 | £768.19 | -40.69% |
Crispr Therapeutics | CRSP | 16.30 | £917.34 | -37.90% |
Bionano Genomics | BNGO | 800.07 | £1,715.36 | -20.49% |
Accenture | ACN | 4 | £997.53 | 18.42% |
Changes Since The Last Update
Throughout last month I deposited an additional £470 into my portfolio. I increased some of my positions to arbitrary goals I had for this month. I got my shares in BNGO to 800 (eventually would like 1000+, maybe 2-3 months).
I raised my Tesla shares to what would have been 10 pre split and therefor 30 post split. Tesla underwent a Tesla stock split and with Tesla being my favourite holding which in my opinion is heavily overvalued, I decided to pickup an extra share with the remainders of my investment money in August.
I also increased my SPCE shares up to 400. I will not be buying as heavily into this stock in the short term due to delays in Virgin Galactic's execution. I do plan on occasionally purchasing SPCE at it's low prices while we get closer to commercial operations in order to lower my cost basis which is currently at £16.04. The current stock price is £5.19 (converted to GBP as it's my local currency) so a great opportunity to lower this cost basis.
This is all for this month's update. Let me know what you think and thank you for reading 😊