What’s In Your Portfolio?

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“Do as I say! Not as I do! Invest in what you know! One of the five financial commandants I preach to my Personal Finance students lending simplicity as they embark upon building a strong financial foundation.  Unique, like a pair of Air Jordan Retro 1 Kicks, teenagers serve as a barometer to what’s trending in today’s economy.  For example, a first investment may include: Apple (AAPL-iPhone, Apple Music, Air Buds), Netflix (NFLX-streaming favorite shows and movies) or VF Corporation (VFC-Vans, JanSport, North Face). In the digital age, success in accumulating assets is a process that requires discipline and embraces the philosophy of practicing Good Fiscal Fitness.     

For the past four years, The InvestmentMob.com has provided me a platform to educate and challenge readers to step outside their comfort zone and think outside the box in an effort to formulate their own due diligence that requires picks and shovels in mining for the hidden gems.  My true passion and enthusiasm for creating wealth strategies and techniques in the stock market is a long journey that evolves over time. As a stock picker, I would like to share my 11 ideas of what I have invested in my portfolio.

My portfolio is a very eclectic collection of companies which comprise risk and volatility, yet will reward a diverse business selection of enterprises including:  Bristol-Myers Squibb (BMY), Data Dog (DDOG), Fastly (FSLY), Moderna (MRNA), Pay Pal (PYPL) and Veeva Systems (VEEV). To the newly purchased Alteryx (AYX), First Horizon National Bank (FHN), Hub Spot (HUBS), Roku (ROKU), and The Trade Desk (TTD). As we encounter peaks and valleys in the financial market, now is the time to reexamine what you own and why you own it. Anticipate volatility and be pro-active in all your trades….sometimes the best trade you make is the one that is not made.

My favorite stock now is First Horizon National (FHN) @ $7.48. Be patient, market conditions and over leveraged shareholders, institutions and hedge funds may create a buying opportunity in the $7.25-7.55 price range. A contrarian play, FHN’s merger with Iberian Bank (190 branches) plus the 30 branches purchased from Truist (Sun Trust/BB&T merger) will expand First Horizon Nationals scale, footprint and new growth into Louisiana, Arkansas, Texas, Florida, Tennessee, North Carolina and South Carolina bringing the company to $75 Billion assets under management. Under the leadership of Bryan Jordan, FHN will emerge a force in the banking industry.  Warren Buffet was once quoted, “Be fearful when others are greedy, and be greedy only when others are fearful.”  Update your financial playbook and be true to yourself and your style of investing. Words to live by: “Its time in the market, not timing the market.