Revealing My Entire $500K Investment Portfolio

Summary

The speaker reveals their extensive investment portfolio, which includes significant losses in stocks like Palantir and Tesla, alongside gains in others like Apple and Google. With a diverse range of assets from stocks and ETFs to angel investments and cryptocurrency, the speaker discusses their strategy, including dollar-cost averaging and cash reserves for potential market dips. Despite current losses, they maintain a long-term perspective on investments, with a focus on ETFs for stability and exploring real estate in the future.

Takeaways

• 📉 The speaker acknowledges a significant downturn in the market, with the worst calendar year since 2008 affecting their portfolio.
• 🤔 They have experienced losses in once high-performing tech stocks like Palantir, Tesla, and Meta.
• 💼 The speaker's portfolio size is large for their age due to over a decade of consistent investing since their early career as a financial advisor.
• 📈 Despite recent losses, the speaker's Robinhood account has seen substantial growth over time, peaking during the GameStop saga in early 2021.
• 💡 The speaker's investment in Palantir was influenced by the company's strong cash position, government contracts, and potential for increased reliance on their software due to geopolitical tensions.
• 📉 Major losses in Palantir have significantly impacted the overall portfolio performance, leading to a change in investment strategy.
• 💰 The speaker's Roth IRA has performed well, with a positive return and a focus on ETFs for long-term growth.
• 🏦 The speaker's Weebl account contains a concentrated portfolio of stocks like JP Morgan, Gold, Meta, and Apple, with a preference for long-term holding.
• 📊 Their Fidelity account is the largest, with significant gains in Apple and losses in Google, alongside dividend-paying stocks and ETFs.
• 💎 The speaker has invested in angel investments, which are high-risk and high-reward, with a focus on early-stage companies and startups.
• 📉 The speaker's cryptocurrency investments, including NFTs, have seen a substantial decrease in value, highlighting the volatility of the crypto market.
• 🏠 The speaker is considering real estate as a future investment to diversify their portfolio and take advantage of tax deductions and market non-correlation.
• 💼 The speaker maintains a significant amount of cash in a high-yield savings account, prepared for potential market downturns or investment opportunities.

Q & A

What was the speaker's experience with the market in the recent year?

The speaker experienced the worst calendar year for the market since 2008, with significant losses in their portfolio, particularly in tech names like Palantir, Tesla, and Meta.

Why is the speaker's portfolio size considered large for someone in their mid-30s?

The speaker's portfolio size is large due to over 10 years of consistent investing since they started as a financial advisor, which is unusual for someone of their age.

What was the speaker's initial investment strategy that led to a significant gain in their Robinhood account?

The speaker's initial investment strategy involved buying GameStop stock for less than $15 a share in November 2020, which then went parabolic during the GameStop Saga in February 2021.

What was the speaker's experience with Palantir in their portfolio?

The speaker had a significant loss with Palantir, down by $38,000, which was a major contributor to the overall red status of their total investment portfolio.

What was the speaker's reason for investing in Palantir initially?

The speaker initially invested in Palantir due to its strong cash position, reliable customers, particularly the US government, and the belief that geopolitical tensions would increase reliance on Palantir's software.

What is a Roth IRA and how does it benefit the speaker's investment strategy?

A Roth IRA is a retirement account where contributions are made with after-tax dollars, allowing for tax-free withdrawals upon retirement. The speaker benefits from tax-free growth and has a cap on annual contributions, which they have been making since 2015.

What is the speaker's current investment in Weebl and what are their holdings?

The speaker has an account value of about $119,000 in Weebl, with holdings in JP Morgan, Gold, Meta, and Apple, with Apple being their largest position.

What is the speaker's largest brokerage account and what is its current value?

The speaker's largest brokerage account is with Fidelity, with a current value of $272,000 at the time of the recording.

What is the speaker's experience with angel investing and how much have they invested cumulatively?

The speaker has invested in four angel investments, including Prize Pool, Road Runner VC, Space Place, and Carrot, with a cumulative investment of $57,000.

What is the speaker's current stance on cryptocurrency and NFTs?

The speaker has experienced a significant decrease in the value of their NFTs and is down about $18,800 on NFTs overall. They currently hold $45,000 in their Coinbase account, primarily in Bitcoin and Ethereum, and practice dollar-cost averaging into Bitcoin.

What investment philosophy does the speaker plan to adopt moving forward?

The speaker plans to continue dollar-cost averaging into the market, considering investing in real estate for tax deductions and non-correlation with the market, and keeping cash on the sidelines for potential investment opportunities during market downturns.