📈Weekly Stock Portfolio Update📈 1st – 5th March 2021

Welcome to this week’s portfolio update!

The markets were very unkind, yet again last week!

Particularly for tech and growth stock-heavy portfolios such as mine.

Here is real-life footage of me trying to hold my stocks through this correction:

Advertisements

Seriously though, I welcome this correction!

I’ve been talking to my Private Stock Group members for over a month now about how valuations across pretty much every single market sector were at ridiculous levels, and that we shouldn’t be scared of taking profits on those big gainers we’d seen throughout the year.

I also gave the suggestion to consider building up on cash reserved to capitalise on any upcoming dip.

Fortunately we did just that!

We locked in the following profits on these stocks:

$SFIX 160%
$RVLV 106%
$TPR 145%
$UPWK 102%
$CAKE 80%

As we’ve seen though, no one is immune from the markets when they decide a correction is needed and they take a dive!

However, this has created immense buying opportunities and I have been posting an ever-growing list of buy opportunities in the Private Stock Group every few days which includes justification, target price, time-scale of opportunity, etc.

So, the following few weeks and months are going to be ones to watch! It’s these tough times that will separate those who are in the markets for long-term wealth from those who just want to spin a quick profit.

Anyway, let’s get stuck into this!

The platform I use is called Freetrade. If you want to sign up and get started with building your own portfolio, use this link and you’ll get a free share worth between £3 – £200!

Advertisements

Overview

Last week was another which closed in the red!

Week open: £8,910
Vs
Week close: £8,330

🔻£580

The markets have NOT been kind to say the least!

However, selfishly hoping that these prices hang around while I accumulate more capital to invest in the market!

Let’s see what happens this week!

Advertisements

Insights

I blew all my remaining capital on stocks which were way down last week. Never seen buying opportunities like it, so this is not surprising or concerning!

Performance

The account was way down vs the wider markets dip.

This is something I need to work on ongoing to ensure I’m less susceptible to these testing times whilst still getting the exposure to high growth stocks that has given me the long-term market-beating gains I have seen.

A difficult balance to strike, but we’ve all seen which stocks have faired better during these times.

Advertisements

Current holdings

Subscribe to get access

Read more of this content when you subscribe today. You’ll get to see my full list of holdings and any account activity each week!

For just £2.99 more per month, you can join my Private Stock Group where you’ll get all of this and much, much more!

Conclusion

Another rough week! But this was much needed in order to bring valuations back in line with earnings and outlook.

As I said in last week’s update, stocks don’t just go up!

Thanks for reading this weeks update!

If you have any question, you can DM me on Twitter using this link

To join The Private Stock Group and receive more in depth updates, as well as my:

✅Full list of holdings
✅Live trade alerts
✅Stocks to buy
✅Analysis
✅Watch list
✅Tips for beginners

Plus, dedicated rooms for:

✅Dividend stocks
✅ETF’s
✅Market updates

And 24 hour access to me and other investors for Q&A.

The value doesn’t stop there!

For the rest March, you’ll also get a FREE copy of my ebook, Stock Research 101 (Value £12.50) direct to your inbox after you subscribe.

Click the image below 

Let’s have a great week!

If you’re getting value from these posts and want to support this blog, subscribe below to join the FSD notification squad to get new posts straight to your inbox! Thank you!

Published by Finance&Lifestyle

A Dad from the UK documenting his journey to financial freedom. Sharing my lifestyle and finance hacks so more people can find financial independence, retire early and take back control of their future.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

<span>%d</span> bloggers like this: