Oct. 14 at 9:58 PM
$ZVIA $LAES $LCTX $SOFI $PATH
IF you could start with ANY amount in your portfolio and KNOW that you would “double” what you started with within the next 4 months, would you be “happy” or content with that? 🫠 🤔
I ask because so many New or Inexperienced Traders/Investors fail because they believe that the only way for them to grow their portfolio is by accumulating a large share count… while this is what we all “want”, it’s not completely accurate.
What do I mean?
Having 20,000 shares of a stock under
$1.00 doesn’t mean “instant success” and can lead to significant losses due to the risk.
Yes, we all WANT 20,000 shares of ANY stock over
$10.00 (but that’s not my point).
I’ve been helping someone close to me, (in my personal life), grow her portfolio from
$10K to
$18K in the last 4 months by showing them how to invest in stocks that have value, they’re showing growth & future revenue potential, with a solid management team and great company direction.
Her portfolio had just one stock under
$2.00 and it’s a BioTech (LCTX). I had her buy it at $.68 👌👏
But I explained why it was worthy of taking a position and the importance of thorough DUE DILIGENCE!!
I recommended LAES to her at
$4.01 and I recently suggested SOFI at
$27.10
(I originally bought LAES in the very low
$2.00’s BEFORE I started teaching her.)
Her being New to investing/trading, imagine how pleased and grateful she tells me that she is, to be able to have her money “Work for Her” and watch her Portfolio grow ORGANICALLY!! 😎👏
Yes, Technicals are important, but whenever you’re just getting started, concentrate on the Basics and don’t try to focus on “Homeruns” that you accidentally end up in a Pump and Dump and/or become a Bagholder!! 🥺
She owns 35 shares of SOFI 😎
But I am proud of her for understanding that when you double or triple your investment, it doesn’t matter how many shares you own, it’s about minimizing your LOSSES and being incredibly PATIENT!!
Diversifying her portfolio with 4-7 stocks and not just 1, gives her an opportunity to learn at her own pace without the Pain or Risks involved with Penny and Sub-Penny stocks.
Yes, there’s money to be made in Penny stocks, but they’re NOT where you should “start” when you are trying to learn or have REAL portfolio Goals!! 😉
IF you have the patience and realistic expectations of your portfolio’s growth… LAES, SOFI, ZVIA and LCTX are great places to start your Due Diligence.
Don’t pay attention to their day to day price action!
Focus on 6-18 months from now!!
When I post about positions “I” am taking, I usually mention IF it’s a “Long” or a “Swing” trade “for me”!! 😎
Stay Sharp, Stay Focused and Determined!!
Continue to expand your Financial Education… I am STILL reading 1-2 books every month!! IF you truly want to be successful, stop making excuses as to why you’re NOT reading! 🫵
I often tell my daughter (pre-teen)… the Rich get Richer because they’re willing to do the things that the Poor and Middle Classes are UNWILLING to do… and one of those things is “READING” and continuing to expand their Financial IQ!! 😉
Feel free to msg me IF you need any Book recommendations or if you have any other Trading/Investing hurdles that you’re trying to overcome!!
Good Luck this week all!! 🤙