Dec 2020 Stock (plus a bit of crypto) and Hustle Review
For my historical stock reviews: https://starttrades.com/pages/performance
For my historical hustle reviews: https://verticaltemplate.com/blogs/news/income-report
Investing Performance for December 2020
Current Value: $245,102.48
50% current value (value if stock price halved) $83,342.24
Realized Gain/Loss Till date: $25,956.14
One of the biggest things I have to remind myself is to imagine how I will allocate my portfolio from a clean slate.
I have a bias to existing valuation and trying hard to remove it (example, I try not to see how much I bought my crypto but I still did for stocks/options in IBKR as worried I make some stupid mistakes selling at loss wrongly)
My $SE naked put realized and made some gain
I exercised the $GE option. It was looking worthless until the final months, though the Jan $15 call will probably be worthless
Many of my contrarian OTM calls (into the random depressed industry during the March period like oil & gas, airline, Disney) are expiring in Jan'21. Overall, little impact on my portfolio as I put a puny amount and only 1 winner $FCX which 10x. Don't think I will continue this strategy unless the market crash again as my time is better vested elsewhere
Speaking of elsewhere, my crypto $BTC, $ETH, and $CEL is growing beyond my expectation and need some management.
Looking ahead,
I will tone down on $BTC and $ETH preparing for corrections while keeping vested in $CEL which I think can hit $10 without much doubt.
Stocks-wise, I will keep myself prepare for opportunities. I will not try to buy anything unless an opportunity comes up.
Digital Assets' Income Report Review Dec 2020
Technically, I lost money counting the $114 ($1/each for the article wrote in 2020 by volunteer writers) to contribute to a non-profit fund.
Still 20x away from 400x target by 2021
The videos posts effort didn't reap any benefit but it was a good experience
Got 1 positive post (written by myself) from my non-monetized sites that picked up the #1 spot in a few weeks, giving me hope that writing a good post in an uncompetitive niche is still the answer.
The plan is still to get 20x by having 2x from the new sites that are non-monetized and 10x overall
I decided to accumulate the $114 into a prize pool for next year, maybe at least $1,000 and start some yearly contest to encourage some causes (I am still thinking something Youth for Causes related as there are opportunities to give underrated media talents a chance to contribute to some meaningful causes).
I saw Shopee Designer prize pool was only $6,000 which seem like something I could try to amass if my site starts growing
I didn't start any more sites as I really want to focus on the right way to build my existing sites instead of interest hopping too much.
Besides looking for causes and editing articles, I have done little in my own writing as I was coding my own productivity tools (yes, I am a software engineer among other roles) to keep my sanity of things to do and automate