Design a site like this with WordPress.com
Get started

Investing Update for 2022


Hello everyone, I am Kasanje-카산제. I just wanted to give an update on my current portfolios and generally where I am at with my varied investments. Gains and Losses and how I am planning on investing in this new year of the black tiger.

First though I should offer some background information for context. I am currently living essentially rent-free in a family home owned by a relative. I try to live simply and keep my expenses low. I resigned from my retail job of 11+ years in 2020 and have been unemployed since. I decided to go back to college last year and am currently enrolled full time at a local community college. The FAFSA plus other financial aids more then covered my tuition needs and have left me with a sizeable chunk of change left over.

I know it has been sometime since I last posted anything about #investing, but I had some good news today so I will get right into it.


Webull

I use five different brokerage apps to manage my portfolio’s. On Webull I have all of my speculative stocks including picks from Green Energy, Hotels, Space, IPO’s, Electric Cars, and DOGE/SHIB. This account started out with around $3,000 back in 2019, and currently it sits at a value of $1,884. It was mostly downhill until COVID-19 hit and then I started to crawl my way back up. Still though I am looking at everything I hold being RED.


On Sofi I have two dividend paying stocks Credit Suisse Silver (SLVO) and Orchid Island (ORC). The rest of the portfolio includes SPAC’s that I thought had potential and a few Meme stocks including Genius Brands International (GNUS) and Ocean Power Technologies (OPTT). I’ve had the account since July 2019 and am down 42% unfortunately. Last year I liquidated my HSA account from work and tossed the lot into Sofi which put me at around $25k account value. That number has dropped and I now sit around $15k which has been somewhat painful. I have earned around $1,990 in dividends though.


My Charles Schwab brokerage includes funding from a home business mining the cryptocurrency Litecoin (LTC). Sadly I had to stop mining in 2020 and eventually shutdown in 2021. I have an SBA loan from the disaster relief financing that I am currently paying off using the dividends from Schwab. (Schwab won’t let you take screenshots as a security precaution).


I have an account with Firstrade which holds all of my OTC market stock. I have small investments in ClickStream (CLIS), Farmmi (FAMI), Hyper Solar (HYSR), Envirotech Vehicles (EVTV), and Unrivaled Brands (UNRV). These are all long-term plays and I don;t check in on them all that often.


The last one is Robinhood. I had some Green Energy stocks and Cannabis stuff in here for a longtime and they really didn’t fair well. I also did crypto for a bit and failed. It is very RED in this portfolio. I think back in November 2021 I heard about Renaissance Technologies and the dividend stocks that were included in their portfolio. That got me inspired and I made a Watchlist on Webull that included all of those stocks. I have started closing my GREEN positions at Robinhood and moving the funds into the Renaissance Dividend list. Robinhood started with $1,935 in 2017 and is currently UP 3.32%, but used to be much higher.


For my future plans around investing I recently threw the bulk of my Schwab cash into Retail Value (RVI) which is paying out a special dividend tomorrow of $3.27 per share. I was able to buy 780 shares and am expecting a return of $2,550.50 from that, which should be enough to clear the SBA loan in full. I will continue to chase dividends with the Schwab account. I also have been playing around with new YouTube and Instagram accounts to explore other topics I am interested in. The Game Girls Gallery here is one of the more popular pages that gets a lot of traffic and so I made YouTube/Instagram pages for it.


If you are not already a member of Swagbucks, MyPoints, or InboxDollars; I strongly suggest you sign up. These sites are a great source of extra income for spontaneous purchases.


Published by Kasanje

I love to travel by boat, bus or plane. I garden and dabble in amateur photography, hunting for deals and special opportunities. I used to manage and maintain the Cryptocurrency FAQ at FatWallet Forums under the handle parkdanil. I am currently active on Reddit @FatwalletRefugee, I own Bliss in Bloom: Influencers, LLC (blissbloom.art). Lastly, I study the Korean language in my spare time.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: