Samwise Model Portfolios
The portfolios below are separated by launch dates. Each portfolio is entirely independent and has no bearing on any other model portfolio. We launch entirely new portfolios during each market correction as an illustrative tool for new subscribers who weren't present during...
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Hey Sam,
can you start posting info where you would have made a trade if you had cash available? Basically paper trading positions based on your investment approach. I was a little late to the party, and I have a lot of cash available, and I would love some guidance on when and where to deploy it.
Hi Alex — if you click on the Samwise portfolios above, you’ll see a blurb that says:
“The portfolios below are separated by launch dates. Each portfolio is entirely independent and has no bearing on any other model portfolio. We launch new portfolios during major market corrections as an illustrative tool for new subscribers who weren’t present during the previous buying opportunities in the market.”
To answer your question, I can say this. Every time there’s a major buying opportunity and the market sustains a new correction, we’ll launch a whole new portfolio for our newer subs. Obviously, older portfolios aren’t as informative when it comes to illustrating our strategy.
So the idea is to launch brand new portfolios each time the market sustains a correction. We’ll just manage them all independently. Hopefully it doesn’t get out of control. I will say that with corrections only happening every 4-6 months on average, there shouldn’t be some endless supply of portfolios floating around out there.
But the strategy is essentially the same for each. So it’s not that difficult to launch, hedge and maintain each one independently. Long-story short, we’ll address your exact concerns.
For stocks like NVDA (non-options positions), are there times where you recommend taking profits and selling? Given the tax implications and all of that. Seems like we are quite far from that point, but it is something that I think about.
Or for these types of stocks in general, a long-term buy it and hold strategy is often preferable? Kind of like a VOO?
So after going through multiple bull and bear markets, I’ve learned that true wealth is generating by simply being patient over a period of years or even decades. For example, if there were literally months and months of time with Apple trading between $2-$3 a share back in 2009. 16-years later, it’s trading at 100x. If someone put in $1M Apple and didn’t mess with it, they’d be worth $100M right now. And apple wasn’t some big secret in 2009. They had already introduced the iPhone which had been out for two years.
The same could be said about a very large number of stocks. I think Netflix is 230x. A mere $50k invest in Netflix back in 2009 amounts to $11.35 million today. Even just $10k in Netflix is $2.27 million today. I got to go back and look. Don’t quote me on that. I know apple was a 100x investment and I know Netflix is substantially larger. I’m pretty sure it goes into the 200’s.
The larger point is this. There are ways to “take profits” without selling. WE’ll be employing those types of strategies. Selling covered calls is one such strategy.
I’d rather hedge and sell covered calls over the years and then just watch the investment grow.
Excellent, thanks for the perspective. I think there’s a tendency to really split hairs on things in the moment when in the long run, whether an entry point is $100 or $120 is noise in the grand scheme of things. I think also, there can be a sense of disbelief when it comes to such large numbers. It’s like…surely market caps and stock prices just can’t keep getting as high as they already are? I haven’t bought stocks in decades past, so I don’t have the perspective of any disbelief that had occurred then.