Budget Community Portfolio Series - September 2024

Overview

• Monthly deposit of $100 into a community portfolio.
• Occasional extra funds may be added.
• Investments influenced by community feedback via polls and comments.
• Managed publicly and separate from personal investments.
• Monthly updates on portfolio progress.

Portfolio Details

• Access to daily trades and transactions via community Discord.
• Support via Patreon or YouTube membership gives Discord access.

August Performance

• Strong recovery observed in August.
• Portfolio balance just under $1,200.
• Platform used: SoFi.
• 9% net gain since inception, 12% gain excluding cash reserves.
• Cash reserves: just under $300.

Investment Strategy

• Community-influenced purchases.
• Portfolio diversified across tech, dividends, and several sectors.
• Focus on both large, dominant companies and high-growth potential.

August Purchases

• Poll results influenced purchases:
  • YouTube Poll: Palantir (47%) over Tesla, NextEra Energy, Extra Space Storage, Tyson Foods.
  • Patreon Poll: SoFi (53%) over Baidu, Cisco, Disney, Visa, Verisign.
  • YouTube Poll: Visa (43%) over PayPal, Chase, Tyson, Verisign.
  • Discord Poll: C3.ai (21%) over Intel, Broadcom, GM, etc.
• Total of $95 spent on various stocks including Amazon, Microsoft, Visa, Cisco, and others.

Current Portfolio Status

• Google, Amazon, Microsoft, and others make up a significant portion.
• Strong focus on tech stocks and solid dividend stocks.
• Sector diversification includes internet, AI, cloud, fintech, healthcare, etc.

Gains and Losses

• Top performers: NextEra, Palantir, Tesla (up over 30%).
• Others in 20% range: Nvidia, Chase, EXR, Tyson.
• Larger positions like Google, SoFi at ~10% gains.
• Few stocks in the red: C3.ai and Disney just slightly, Baidu down 12%.

September Strategy

• Adding $100 to portfolio, increasing cash ratio to 30%.
• Focus on restructuring, increasing exposure to smaller positions.
• Possible new additions: United Airlines, Pfizer, Take 2.
• Continuing to balance dividends and new stock opportunities.

Viewer Comments

• Addressed various viewer comments on stock choices, performance, and investment strategies.
• Emphasis on long-term investment strategy despite short-term fluctuations.
• Encouragement to limit exposure to high-risk stocks like Chinese companies.

Conclusion

• Community portfolio is performing well, with ongoing engagement and growth strategies.
• Encourages viewer participation and feedback for future investment decisions.
• Thanks to supporters and viewers for their contributions and engagement.