BNN Money Talk Portfolio Review

I will be on Bloomberg’s Money Talk this evening.  

That means it’s time to review our Money Talk Portfolio, a portfolio we only trade on the show so, roughly once per quarter we make trades and adjustments and, the rest of the time, we leave it alone.  That means our trades have to be fairly bullet-proof and able to handle the insane ups and downs of the market so the key is to pick great value stocks and keep them diversified.  

We began this portfolio on November 13th, 2019 – just before the pandemic and we took an early hit but we bounced back very nicely and, as of our last review on December 1st, the portfolio was up exactly 100% and we had plenty of cash, so we added 4 new positions, including our PhilStockWorld 2022 Trade of the Year: IBM.  We also made a big adjustment to VIAC, which had been lagging.  You can view the whole past show HERE.    

IBM (IBM), Altria (MO) and ViacomCBS (VIAC) have? all performed well already and we’re still waiting for Intel (INTC) and Walgreen’s (WBA) to pick up but that makes them still good for a new trade.  Our 4 new trades plus VIAC had $121,400 of upside potential and have already gained $27,158 and the overall portfolio now stands at $240,926 – up $40,967 since December 1st and our low-touch, $100,000 portfolio is now up 140% in just over two years.  

You can always follow our BNN Money Talk Portfolio trades at: https://www.philstockworld.com/category/moneytalk/  

As you can seee, we are at 2/3 CASH!!! in our portfolio and that’s about when we face market uncertainty.  As of our last set of adjustments, the positions in the portfolio had $235,336 worth of upside potential and we gained $40,000 of it already but it doesn’t mean a thing until you convert those gains to CASH!!! (realize them) so we are only going to add one new trade this quarter as we’re still in a very dicey market and we want to maintain the ability to adjust.  

At PhilStockWorld, we teach our Members how to conserve CASH!!! by using option for hedging and for leverage.  Although the positions require…

Provided courtesy of Phil’s Stock World.