2021 January Updates
Investing Performance for January 2021
https://starttrades.com/pages/performance
Current Value: $245,385.36
Value if stock price halved: $101,302.68
Realized Gain/Loss Till date: $75,867.96
My current stock portfolio allocation (excluding lots of cash waiting for corrections to allocate):
$TSLA 35.3% (growth story)
$SE 34% (growth story)
$SPCE 9.5% (wait for launch)
$HKG:0700 7.3% (great allocator of money in many companies)
$GE 5.2% (energy sector until aerospace recover around 2023-2024)
$U 4.3% (growth story)
$WLL 2.5% (part of my haphazard call options. Wait till option expire)
$SQ 1.9% ($BTC allocation)
I have been thinking about $IPOE (SoFi) as it does seem very upfront on how it makes money (see their blog post on how SoFi makes money selling loans and payment-to-order-flow. They also shared how they lose money with their ETF being commissionless) and based on others, they have no problem acquiring lots of new customers. Just not sure how sticky they are as saw some bad reviews on their latest app updates in Google Play Store.
A reminder to self is never to make a decision to invest based on historical valuation. It is biased and backward-looking.
Should always be forward-looking so I try to avoid any methods to see my past performance (e.g only show my current value. I only track my overall asset that shows past monthly history but I do not really use it).
Anyway, cleared lots of my random calls/puts in Jan 2021 and performance was ok
I don’t think I wish to risk allocating this haphazardly in a large amount (based on unusual options volume) as it was difficult to track. It was fun seeing how some options outperform and did 10x while most of them expire worthlessly. Probably useful if I needed to tax harvest losses since this method guaranteed losses compare to investing in great companies for the long term.
Digital Assets' Income Report Review Jan 2021
https://verticaltemplate.com/blogs/news/income-report
Revenue dropped as Dec had $25 from RedBubble and Jan had a period of no earning from Google Adsense.
The adjusted formula for writing expense to $8.5/article since $1 donated.
Moving forward, personally wish to connect with experts on Twitter/Instagram to write expert posts rather than rely on research existing posts. Create "new" content rather than collate what others said.
Wrote my own tool to focus on write and take notes faster while surfing
To start building silos on what worked already instead of scattering posts randomly