2022 was a disaster for my speculative/growth portfolio, currently down roughly 45% with some major dumpster fires that should’ve been sold long ago. I’ve decided to adjust my strategy and instead focus on three companies: $AMZN
. Each month I’ll add a handful of dollars to each position as they grow into respectably sized holdings over time. This would be in addition to pouring my monthly allocation into dividend stocks.
My elaborate thesis is this:
- we have to protect the means to get stuff ($CRWD)
- stuff needs somewhere to go when we’re done with it ($WM).
These three companies are at or near the top of their respective fields and are projected to stay atop their sectors, so this is a multi year move.