THE GREAT PENETRATOR IS BACK!
I'm back with a portfolio review because I'm now fucking rich and I want you to know it, you poor people looking for a guru.
Getting an extra 100K$ is now a child's play and I can achieve that within a few months, as long as the market is in a manic phase. When it will be on a depressive phase, I guess I'll be able to get as easily a negative 100K or 200K. But a good peddler doesn't talk about the negative side of things. So, let's assume that my portfolio will only go up forever.
Over the last 8 months, I made as much money as I made money between february 2013 and april 2017. That's how crazy it goes with time with your portfolio if you don't gamble too much on ridiculous stocks. Getting the equivalent of a year of income on the stock market in less than a year? Yes, it's possible, but only when you'll be older and afflicted with diabetes or cataracts or something else.
Anyway, the S&P500 is at an all-time high. It's probably not the right time to buy stocks. My favorite time to buy stocks is when they're all down because I feel like I can't go wrong. Even if some great stocks of the recent years are at their lowest level of the last year (Five Below, Lululemon, Ulta Beauty, Estée Lauder), I'd prefer to wait for a better entry point because even stocks that lost 50% of their value can go lower. So, my advice would be to get some money ready for a drop of the market (which may still take some time but will eventually come).
Anyway, here's my portfolio:
Number of stocks: 18
Top 3 positions:
Constellation Software: 15.8%
Google: 12.1%
Microsoft: 9.1%
Cash position: 12,3%
Performance in 2024: 16%
Performance of S&P500: 19%
