My Portfolio: 23Q2

This issue of My Portfolio is a summary of my financial situation for the 2023 Q2. The other posts (previous quarters) can be found at links at the bottom of the webpage, under Continue Reading. If there is anything you want to know feel free to ask in the comments.

Recap

It's going to be hard trying to keep up with inflation given that we're not in immediate control of our income. Not to mention the weakening dollar, economic war with China, and physical war in Europe. Honestly, none of these would be actual issues if individuals in government had common sense, empathy, and the ability of forethought we wouldn't have most of these problems. So, the everyday person will need to make more money (somehow) and begin to hedge. Right now, CD's and TIPs are still in favor, but as stated above, the currency is about to get rocked, but those are the only options many have. Continue to pay down debts, credit is tight right now with rates rising and defaults happening hand over fist. If you're paying your bank a fee, find a better bank, preferably a credit union. Diversify and start getting attentive of your funds and use them to multiply. Expect government to drain as much money as possible from you in order to float its currency, but I don't see that working until oil/ energy costs are placed under control. We've been in a recession since mid-2022, I'm worried about how deep, difficult, and long it's going to be. Even after the media and the commentators have accepted the Biden-Harris Administration's redefining of "recession", they are back to sounding the alarms. Going forward, attacking debts and allocating funds to high yielding assets are the main objectives.

Portfolio/ Investments

Buy, Sell, Watch

23Q1: I sold shares in AGM, SYF & AAPL; and added, USDC, ETH, T, DTEGY, ALLY, LAZ, OHI, STWD, VICI, & GOLD. Stocks on my watchlist: ALLY, BN, EMLC, VZ, STWD, DTEGY, GOLD, IBN, SCCO, AFL, AXP, DPGSY, USB, PNGAY & JPM.

23Q2: I sold my position in SYF; sold shares in USDC, JPM, DG, SBUX, MSFT, RTX, AAPL & AXP and added USDC, ETH, AGM, TG, DG, LEMB, & ALLY. Stocks on my watchlist: ALLY, BN, EMLC, LEMB, VZ, STWD, DTEGY, GOLD, IBN, SCCO, AFL, AXP, USB, PNGAY & JPM.

This quarter I decided to cash out on some gains and set up stop loss orders to prepare for further recession. This Quarter's total: $173.82, Previous Quarter: $159.32. This quarter's results (+9.10%): Apr. $42.63 (+11.95%), May $77.57 (+17.89%), & June $53.62 (+2.56%). Follow me on Twitter for tweet threads involving stocks.

Top 10 Allstars

23Q1: SCCO, CGW, TOLZ, MRK, AXP, EADSY, DPSGY, VZ, UL, & KO.

23Q2: SCCO, CGW, MRK, TOLZ, EADSY, DPSGY, ALLY, UL, AXP, & VZ.

EADSY can no longer be purchased on Robinhood, which must mean they're about to take off and HOOD can't lose anymore money to individual traders. I need to add funds to TOLZ, ALLY, UL, & AXP. I would say VZ, but I'm more for DTEGY.

Small Bets

23Q1 Tickers: SYF, RTX, & BYFC

23Q2 Tickers: RTX, BYFC, & WBD

This list is comprised of my smallest positions. Nothing has changed with the old bets. The list should stay the same for a few quarters.

Top Performers

23Q1 Tickers: AXP, VICI, & MRK

23Q2 Tickers: MRK, AGM, & AXP

Credit, gaming/ sports betting, and pharmaceuticals continue to be where the money is apparently, a view supported by Fed contact data. MRK and AXP switched places, VICI was knocked out by agri-loans, and there's a n insurance duck quacking to get in. MSFT would probably be higher but I've been selling profits.

Worst Performers

23Q1 Tickers: HOOD, VZ, SOFI, ALLY, & T.

23Q2 Tickers: HOOD, VZ, T, GOLD, & USB.

HOOD & SOFI has received good news from the government, they can get back to extracting capital from the public, enough so to get SOFI off the list. SOFI has been on a run lately, so it moved off the list and pushed on USB; and GOLD is back on the list, surprisingly. All-in-all, the list is composed of financials and telecommunication.

W.E.S. Rose & Shield

At the current time, WES:RS has 9 holdings. Estimated current market value (CMV) is $7,719.20. WES:RT market price is $371.91. Portfolio up +1.14% (+$161.63). The portfolio is stable, the same four holdings remain negative, therefore holding back the entire portfolio. More of the value is liquid (43.56% cash) to ensure distribution payments to ticket holders, uncertainty in markets, and overvalued stock prices. The main objective this year is to prepare for deepening recession (possible Depression), and hedge to protect distribution payments and grow portfolio income.

In Conclusion

All that to say, we need politicians and government to increase entitlements and provide guarantees of housing/ shelter, food/nutrition, childcare/ education, and transportation. The government should treat its citizens like it treats Wall Street executives and celebrities. Every citizen should be able to know the government is right there to bail them out on the road in pursuit of life, liberty, and happiness. Instead, we have a government that rather tax its citizens into poverty to line the pockets of politicians, donors, lobbyists, staffers, corporations, institutions, executives, and the already wealthy elite. If the government wants to continue taxing hard working individuals (working 40+ hours grossing $40k) more than millionaires or billionaires, then they should be subsidizing the working class. Give people the actual power to participate in a “free market economy,” because right now we do not have free markets. Today and for quite some time, we have been enslaved to monopolies strengthened by crony capitalism, people are forced to make decisions based on factors not of their control. Everything from the products on the shelves, the websites you see, the ads curated for consumerism, all are determined by some executives trying to extract capital to further personal gain. Resources in the hands of the working class is the only hedge the country has against other world powers, the corporations abandon the country as soon as the funds clears. No one or institution supports local areas and communities like the people working or living there, and that’s the truth all around the country.

It’s crazy that I have to say this but: none of this is investing advice and you should do your own research and never take the word of someone else without doing so. All investing involves risk, and only you can decide what to risk and is worth risking for. And you look stupid trying to sue someone because you followed blindly.