Portfolio Update December 2020

Portfolio

I would like to thank you for reading my blog and wish you a Happy, Healthy and Prosperous New Year for you and your family!

It’s been a different year with Covid19 and lockdowns. I hope you all stay healthy and make through this stronger.


For last months report please visit link.

These prices are from before the opening of US and Canadian Markets. Nordic markets are closed because it’s a red day here.

Portfolio

It’s been a good year overall for my portfolios even thought they went through the March dip. Luckily I was shorting some stocks to ease the losses.

In my Swedish portfolio I’ve decided to sell Nordea, Swedencare and Investor. I haven’t decided how I will invest this portfolio yet. I’ve been shifting from more riskadverse, dividend generating plays to more growth stocks. I think I want more risk and growth.

Nordea and Handelsbanken have been on my radar and are pretty safe bets. But perhaps too slow for me. Swedencare is too extended but could be a good growth stock. I know too little about the sector. Investor was sold because I started a positon through my pension.

Gapwave is new positon. From what I’ve heard they have a great product which is better than the competitors. I have to read more about them. I’ve increased my positons in Zaplox and Plejd.

Foreign portfolio: No major changes. Netflix and Open door are new positons. For my analysis of Netflix please visit link. I’ve increased in CSAM. I’ve sold half of my Riot with 100% gains. In hindsight It would have been better to hold.

My trading account success.

I’ve already reached 6% of my long term target of 1 000 000 USD, up from 4% last mont. Mainly due to the increase in price of Bitcoin, Ethereum and Cryptocurrency miners.

I’m feeling the FOMO to buy more Bitcoin and Ethereum. Ethereum is still some way off its ATH. I’m not sure how or if I should do it. Perhaps I’ll increase my position in my trading account?

Best interesting links this month:

Bitcoin arrives on Wall Street: S&P Dow Jones launching crypto indexes in 2021 (cointelegraph.com)

Best quotes by Vinod Khosla. Vinod Khosla is one of the most… | by Alexander Roznowski | IPO 2.0 | Medium

Chart: Which U.S. College Produces the Most Billionaires? (visualcapitalist.com)

Lessons learned:

  • Don’t sell too early.

Plan for December

  • Need to learn not to sell winners.

Reading list

Good luck and trade safe!



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