It’s been a few weeks since I updated you on my portfolio. The good news – my Roth IRA has grown in value by over $2,000 in the last few weeks!
The S&P 500, DJIA and Nasdaq have all hit all-time highs within the last few weeks and my investments have also rode the wave up. Here’s how my portfolio compares to the S&P since its inception on November 3rd excluding dividends. Below you can see my calculations. For my portfolio, I have to take my dividend gains out of my overall performance for a fair comparison to the S&P.
- S&P 500 Portfolio: + 9.89% ((339.18 – 308.66) / 308.66 ) x 100
- My Portfolio: + 12.6% (((39,494.18 – 128.67) – 34,960.42)) / 34,960.42 x 100
The above results are great so far. The conclusion? I am solidly beating the market a month into my experiment. The Moonshot growth section of my portfolio has been the main driver of my portfolio beating the S&P. These are the high-risk, high-reward stocks in my portfolio that I plan to highlight today.
For those reading this article before reading about the strategy of this portfolio, I’ll share a snippet from my original post that details the purpose of Moonshot Growth.
Moonshot Growth (20% of my portfolio) – This group of companies has massive growth potential. Often overvalued and rarely carrying a dividend, these companies are high risk, high reward. I plan to diversify this section of my portfolio to many different companies with huge growth potential to spread out the risk a bit. Will this section of my Roth IRA crash and burn or take me to the moon?
Portfolio Composition: What companies are included in my Moonshot Growth portfolio?
- Tesla (T) – 10%
- Beyond Meat (BYND) – 10%
- Carnival Corp. (CCL) – 3%
- CRISPR Therapeutics (CRSP) – 3%
- Unity Software (U) – 3%
- Spirit Airlines (SAVE) – 3%
- Pagerduty Inc. (PD) – 3%
- Carvana (CVNA) – 3%
- Square Inc. (SQ) – 3%
- Southwest Airlines (LUV) – 3%
- Atlassian Corp. (TEAM) – 3%
- Fastly Inc. (FSLY) – 3%
- Xilinx Inc. (XLNX) – 3%
- DaVita Inc. (DVA) – 3%
- Okta Inc. (OKTA) – 3%
- Alphabet (GOOGL) – 3%
- Trex Co., Inc. (TREX) – 3%
- Netflix (NFLX) – 3%
- Repligen Corp. (RGEN) – 3%
- Facebook (FB) – 3%
- Amazon (AMZN) – 3%
- Liveperson Inc. (LPSN) – 3%
- BJ’s Wholesale Club (BJ) – 3%
- Salesforce.com (CRM) – 3%
- Alibaba (BABA) – 3%
- Splunk Inc. (SPLK) – 3%
- Snowflake Inc. (SNOW) – 2%
- Zscaler Inc. (ZS) – 2%
- Zillow (Z) – 2%
- Teladoc Health Inc. (TDOC) – 2%
So far so good as this slice of my portfolio is up around 20% for the month. Now I know how Cathie Wood of ARK Funds feels – having Tesla carry a portfolio to outperformance of the S&P.
Stay tuned as I continue to share the progress of my product-life cycle portfolio. So far, so good.