June Income Report
Good month but expect July to be rocky for investing and stable for my other hustle.
Investing Performance for June 2020 (https://starttrades.com/pages/performance)
June was a roller coaster ride. This tracking is probably only useful for me to reflect a bit. I have to remember I bought SEA Group for the long term so I will ignore the price movement and buy till the thesis is wrong (growth story).
I bought SEA Group using options to leverage given my conviction that Q1 is going to be big.
Not too confident of Q2 for Shopee so might sell the options if no strength in the price and switch back to stocks
Carvana holding up well
Berkshire Holding was blowing hot and cold too. I bought believing in Warren to do something eventually this year.
All my options expired in a good manner
Virgin Galactic is really testing me on whether to hold on. I guess it should work out fine. (made a wrong comment on Twitter that it is unlimited risks. It is limited risks but big risks/reward ratio when you sell naked puts)
Cloudflare did well too. I am not super long it as I am not sure it will be the leader. It seems like it but the numbers don't show up yet. I know it should be better than Akamai at least in term of security
Gold should do well given the sentiment, though my BTC dropped.
Bought TRXC as speculative call
Bought Tencent, kinda loved the stock holding. However, can see the hate for Tencent for being a China-backed company. Some boycott Pokemon's new game released by Tencent (recently China's TikTok got reverse engineered stating the huge data it is sending back too).
Digital Assets' Income Report Review June 2020 (https://verticaltemplate.com/blogs/news/income-report)
Revenue double due to terrific posts in the DW site but likely to drop over time.
Ending a long relationship with Fiverr writer to find and help local youth writers (part of my life goals to help hardworking youth)
Many youths are more interested in Copywriting, which isn't my forte or goal of my websites
Disappointed with 2 local writers who just respun 3 articles
Excited with 2 writers with passion and 2 with potential
Amazon Affiliate closure due to review of the content standard in my new site (appealed failed so resubmitted with my older website and had to relink again. Lesson learned is don't submit all sites to Amazon Affiliate and start linking only when account approved)
Not part of records yet but I started Merch and have 2 masks sales in Redbubble and 2 shirts sales in Amazon UK (with 1 UK design and 9 DE designs given sales seem higher in DE. US is still closed). Will continue daily till I filled up Redbubble limit and maybe swap in bestseller across the channels (I had Merch long ago but only 3 designs and gave up then)