Another Week, Another Day of Losing More Money 🤑. Week 3 Update.

Photo by Oren Elbaz on Unsplash

Portfolio — Week 3

Source: Power E*TRADE from Morgan Stanley

Portfolio Analysis

BlackRock amasses $10 Trillion in AUM (Assets Under Management) and a 6% increase in profit but the security continued to trend down (almost 5%).

UnitedHealth Group’s earnings is around the corner and word on the street is that Optum (their growth puppy) is expected to do well. We shall see.

So far the L/S Equity Strategy on ARK has yielded 0.7% in accumulation differential. Not much, but we’ll see what happens throughout the year. More on this potential arbitrage later.

Looks like portfolio is down ~ 8% at the start of this week (as opposed to last week when it was down ~ 6%). Still not losing any sleep. In fact, I am thinking of maybe deploying some more capital or…perhaps considering the dreaded “leverage” option (which I prefer not to do if I can help it).

Bottom-line → Otherwise, as stated in last week’s update, I expect more pain to come as we transition from QE (quantitative easing) to QT (quantitative tightening) and rates haven’t even gone up yet (LOL 🤣). Just more macro-related sell-off. Nothing to see here.

Source: https://www.youtube.com/watch?v=AQl7d2xIupk

Disclosure: I have no affiliate or sponsorship with Morgan Stanley’s Power E*TRADE App. I just really love using it.

Morgan Stanley’s Thoughts on Rising Interest Rates

Portfolio Recap

20% BlackRock → Strategy Here

20% Costco → Strategy Here

20% Builders FirstSource → Strategy Upcoming

15% UnitedHealth Group → Strategy Upcoming

15% Palo Alto Networks → Strategy Upcoming

5% Tuttle Capital Short Innovation ETF → Strategy Upcoming

5% ARK Innovation ETF → Strategy Upcoming

Big Picture

Deployed $100,000 in my Power E*TRADE account to above allocations. $100.00 in fees and $12.00 remain in cash.

Want to know why these are my picks for 2022? Subscribe

Want to know how I’m doing an “ARK” Long/Short Equity Strategy? Subscribe

Want to know how this portfolio is performing? Check Here

Want to know what’s on my mind? Follow me on Twitter

Affiliates

Help me afford a free lancer at Fiverr

Help me build this content with Fiverr Learn

Help me build a business with Fiverr Business

Help me automate a team with Fiverr Workspace

Photo by Hans Eiskonen on Unsplash

DISCLAIMER

THIS CONTENT IS NOT FINANCIAL ADVICE! DO NOT COPY MY PORTFOLIO! DO NOT BUY MY STOCK PICKS! I AM A RANDOM PERSON ON THE INTERNET! I COULD LOSE ALL MY MONEY AND SO COULD YOU, SO DO YOUR OWN DUE DILIGENCE! YOU ARE RESPONSIBLE FOR YOUR OWN FINANCIAL DECISIONS SO DON’T BE AN IDIOT.

--

--

--

Managing a Personal $100K Wannabe Hedge Fund Portfolio and I Have No Idea What I’m Doing.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Crypto Trading 101 (Avoid common mistakes trading crypto)

If You Have At Least a Million, Private Equity Firms, Ranging from Blackstone to Apollo, Will Let…

3 Best Side Hustles You Can Start Earning With Now (p1)

The What & How of Budgeting

More Inflation Fears. Another Day in the Market. Week 15 Update.

How to Decrease Your Spending

Decrease Spending — Financial Freedom by I Love Making Money, Kit Elliott

School Loan consolidation?

Flyp — Find a Pro to Sell Your Clothes and Earn Money

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Analyst Peter

Analyst Peter

Managing a Personal $100K Wannabe Hedge Fund Portfolio and I Have No Idea What I’m Doing.

More from Medium

Surprise Bull Run? Week 12 Update.

Mistakes to Avoid as a New Investor

A Quick Overview of a Stock Screener to Know About

How You Can be Trading to Win in the Futures Market