End of my July Update
As I usually do, I gave my portfolio end of the month summary as of the last weekend of the month. However, I made a number of changes on Monday (yesterday) so I thought I should keep you up to date for accuracy. And please, it’s not that anyone should copy what I did.
First of all, my portfolio value which was up 27.5% on Friday, finished Monday up 29.5%. Here’s a revised table:
End of Dec 100.0% starting point
End of Jan 109.7%
End of Feb 107.0%
End of Mar 105.8%
End of Apr 91.9%
End of May 106.3%
End of Jun 119.0%
End of Jul 129.5%
What changes did I make:
I sold the remainder of my Enphase, 3.4% of my portfolio. It may do just fine, I didn’t want to hang around to see, and I had other places I wanted to put my money. If you decided to keep your position, fine, I hope it works for you and it certainly may.
I sold two thirds of my 5.1% Tesla position, and it is now a 1.7% position. I am pretty sure Tesla will do very well, so you don’t have to try to convince me of that. I just couldn’t feel comfortable holding it.
My Axon position grew a lot, from 3.6% to 8.5%.
My Pure position grew from 2.5% to 3.0%
I added a tiny bit to TradeDesk and it grew from 13.2% to 13.4%
I started a very small speculative position in Enovix at $20.30. It’s about 0.9% of my portfolio.
Please don’t follow my trades. For example, I could decide tomorrow to sell my Enovix but you wouldn’t hear of it for four weeks, and longer if I was ill or whatever. Tesla or Enphase may do much better than the Axon that I bought. Make your own decisions based on your own thoughts.
Best,
Saul