The Open 2023 skwealthacademy Substack Portfolio
Updated grid for 27 March 2023
SCROLL DOWN TO VIEW THE GRID of the actual open 2023 skwealthacademy portfolio
Every couple of months or so, I will re-paste my open substack portfolio in a current post, so everyone that is following it can avoid having to scroll through a couple of months’ published articles to find it. So once, again here is the open skwealthacademy substack portfolio, updated for 15 March 2023. For assets that do not yet have any exit strategy listed, I will provide exit strategies that protect to the downside so soon so stay tuned. Below you will find an updated listings of:
1. Positions still open in my substack portfolio (per my buy opinions provided within the past couple of months. As of 15 Mar 2023 there are 13 open positions);
2. A summary of bought and closed positions, per my buy and sell opinions;
3. All recently reopened positions that were recently closed listed in the grid, as well as a summary of the profits/losses from these earlier closed positions.
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 (approximate $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 to the end of 2022). 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 (a strategy that I suspect will work again this year with my portfolio as it did last year in 2022).
And if you’re one of my thousands of free subscribers here that have been waiting all year to subscribe, though we’ve had a handful of winners on closed out positions thus far (as of March 2023), the start to this year has been slow, but I suspect the big gains in our assets are ahead of us. Thus, in my opinion, there is still time to join as of March 2023 and reap the coming big rewards that I believe will come later in 2023 and that have not yet manifested. In fact, since most of my open picks have yet to move into the arena of profits, there definitely is still time as of 15 March 2023, to buy in right now into my open portfolio at prices that I believe will prove to be great prices as we move forward in 2023.
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 undeservedly 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.
To see all open positions and to receive new exit strategies I’ve released for a few of our open positions today, continue reading below as I’ve updated the grid for 15 March 2023. As always, you will always find all updates (buys/exit strategies) in the written text and I’ll update the grid to reflect the written text updates every few weeks.
skwealthacademy by J. Kim is a reader-supported publication. To receive access to all 13 open 2023 skwealthacademy stock and asset picks, subscribe today. Full disclaimer and sample paid subscriber testimonials available here.