An Updated Grid of the skwealthacademy Portfolio of Open Positions
Plus a summary of our already closed positions
Below you will find an updated listed of
Positions still open in my substack portfolio (per my buy opinions provided within the past couple of months, along with the addition of the new asset added today for which I have high expectations);
My sell opinions with further commentary about my exit strategies for still open positions; and
A summary of bought and closed positions, per my buy and sell opinions.
Of the four closed positions, I yielded fairly significant gains on two of these positions of +27.13% and +33.04%. Of the two positions I closed with only nominal gains, I will definitely be offering a re-buy opinion on at least one of these two stocks soon, so stay tuned. You will see the identity of the one stock below that has required some work without much reward yet, as we bought and sold this position twice for only 3% gains, but I hope to be able to use this stock as an example of one that requires some sweat equity to protect orignal allocated capital before the purchase that really pays off. Again, if you’ve been a paid subscriber here for just a couple of months, you should know that I don’t believe in risking and losing large percentages of original allocated capital as does Michael Saylor (closing in on $2 billion losses on his original capital commitment to BTC) or Cathie Wood of ARK investments (leading her ARKK ETF investors into a 78% loss from the ARKK share price at the start of 2021). Stem your losses quickly but if an asset then shows resiliency, then you can reallocate your original capital back into the same asset, once again keeping losses to a minimum.
Far too many investors falsely believe, due to the “get rich quick” mentality planted in their mindset by the cryptocurrency crowd or the “superstar” fund manager label undeservingly given to managers like Wood, that one can just buy a stock and hold it for a year or a few years to “get rich”. As I’ve repeatedly stated, that mindset for the next few years at a minimum, will continue to produce massive losses.
I illustrated with the yields I produced on my patron platform and my stock picks there, the necessity of intelligent investment strategies that can produce +166%, +183%, +255%, and +303% returns in a year (actual yields I produced on that platform in an investment period barely over a year’s time by using dynamic investment strategies) versus buy and hold strategies that would have mind-blowingly yielded losses or very small gains with some of the exact same stock picks. Hopefully, with the two very large gains I’ve produced on two of our closed out positions in just a few weeks’ time, you can easily understand the wisdom of utilizing dynamic investment strategies (that require some sweat equity) to produce oversized returns over lazy and outdated buy and hold strategies that simply have not worked for many years now.
To see our still open positions, continue reading below.