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My 2 Kids & I: June & July Additions
Lots of volatility all over the markets. As many stocks as I have now that I’m publicly sharing a portfolio, I can’t catch the easy bounces I used to never miss. But here’s the best performers in each of our portfolio’s currently. All of these stocks were purchased in June or July 2022. Hard to hold onto easy gains that are lucky jumps (to someone who doesn’t time things) but I’m trying to be a patient long term holder. But what was successful early on was grabbing those quick 10%-30% bounces in 1-3 months. Doesn’t seem like much but if you compound 18% quarterly (random quarterly performance pulled from top ranks), it comes to almost 100% annually. If you compound 10% per month, it comes out around 300% annually. We’ll see which method works best; the easy swing trade/flips or the buy and hold, for me personally. This is why I have multiple accounts; several 401-k & IRA’s, so if I mess things up it’s not ruinous.

I had my kids start picking their own stocks to diversify our portfolios in their custodial accounts from my own. They picked $AAPL, $SBUX, $NFLX & $LULU. So the stocks they picked a couple weeks ago are smacking me around already. Should’ve let them pick all their own stocks all along.

What’s funny is that the stocks I chose in my portfolio are the biggest losers currently. The stocks my system picked are kickin’ ass. I wanted a mechanical system to remove my emotion. Seems to be doing well so far.

All purchases were made between June 3 & July 27. The two companies I blacked out, apam Research and Target, were bought in May.

First 3 picks are my portfolios top performers right now, bottom two picks are son & daughter’s portfolio.

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Daughter chose Starbucks

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Son chose Lululemon

For all the doom and gloom I hear about in the stock market today, these returns don’t look too bad; for positions less than 60 days old. Tempting g not to flip ‘em like I use to.

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