What I’m Trading This Week

What’s in my Stake portfolio right now
Call me predictable all you want…tech is powerful.
Don’t tell Stake: I’m watching an ASX stock.
Afterpay is strong on my watch list this week — strong adoption, scales well and it’s going global! It’s an ASX stock right now but I could see it jumping the coop like other homegrown powerhouses (note: TEAM).
Keep things light
For me I have fun with being in the market. I make choices with a lot of heart, maybe not enough head but I don’t mind. It’s a hobby for now. I love the ability to support companies making valuable products that we encounter and/or use everyday.
Lists are my thing
I make decisions with a small list of questions which I check-off each time I buy a stock. I’ve heard selling is the most important but my strategy is really on the buy side. The questions are around long term potential, value and mission. I might take into account current macro events and industry trends. Then I buy and hold. I try to review every quarter or so and I’d like to get better on figuring out the best time to sell.
Take profits people!
I started trading when I was curious in my early 20s. I bought a low cap mining share on the ASX, made a quick $600 then lost it all. Take profits!
From 0 to Tesla
Tesla (TSLA) was my first buy on Stake. Electric cars are cool and at the time, Tesla was making the most moves. It has a lot of customer advocates and strong IP on the software side of things, (just don’t look at their financial statements before you buy). I’ve studied up on their products and don’t believe the naysayers.
Researching is the fun part
I don’t lean on anyone particular for advice, casual conversations with colleagues, friends and family, a bit of online research, watching interviews given by company employees and a look at financial results.
ICYMI: make your own decisions
This is not investment advice, just my opinion. Do your own research. I know nothing but that being in the market pushes me forward.

