Quick video update sharing my rationale for buying Zoom, Digital Ocean, Monday, Mercadolibre, and Twilio today.
I also shifted the allocation from 50% dividend growth and 50% tech growth to 75% tech growth and 25% dividend growth today because I like the risk-reward of owning more growth stocks over the next several years.
I’ll be adding $1,500 every two weeks to the portfolio so I don’t mind if my stocks or the market head lower over the short-term.
Below is a screen shot of this portfolio in M1 Finance. The goal is to grow this portfolio from $10k to $1 million from 2022 - 2035. Why 13 years? That’s when my kids will be set to go to college… unless they drop out and/or college doesn’t exist then.
Anyways the portfolio was started February 15th and we’re down 11%. I’ll be adding $1,500 every two weeks and documenting every step of the journey right here.
You can see I have two slices “Growth Monsters” with a 75% target and “Dividend Growers” at a 25% target.
M1 is really cool because it automatically invests my contributions into my set allocations as they come in.
This screenshot shows the allocations for the Growth Monsters. Remember these are allocations of the 75% of my port that is in growth.
This screenshot shows the allocations for the Dividend growers. These are allocations of the 25% in dividend growth. So 10% in here is 2.5% of the total portfolio.
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Portfolio Update: Added ZM, DOCN, MNDY, MELI, TWLO