I'm About To Sell My Entire Portfolio Of Stocks

I'm going to sell. Every. Last. Stock...

This isn’t click bait.

I’m selling my entire portfolio of stocks.

I will show you all the stocks I own - because I’m about to sell them all.

Am I worried about a recession? Banking sector collapse? Massive correction?

No.

I’ve owned stocks since 1999. I’ve lived through multiple recessions, a banking sector collapse and many corrections. My only regret is I didn’t buy more stocks during those times!

So why am I selling now?

I just accepted a job as a financial analyst at a $600M+ public company. Compliance doesn’t want me to own any stocks that I recommend. Kind of a bummer, but I understand.

To avoid any kind of conflict, I’m just selling everything.

Here’s the list of stocks I currently own, not only in my accounts - but more importantly my son’s accounts which I contribute to weekly.

Apple
Amazon
Nike
Google
Microsoft
Tesla
Nvidia
Meta
Bank of America
Visa
Realty Income
AMD
Costco
Starbucks
Berkshire
Disney
JP Morgan
Netflix
Verizon
AT&T
XLV
IBB
SCHB
SCHD

Aside from a tiny amount of crypto, I emptied out my Robinhood account some time ago. $80K+ in gains and over half come from a single stock I recommended buying for $3.20 on Seeking Alpha in 2016.

As for my new job, we’re still discussing what I will share via my existing channels of communication. It’s likely the FAANG Stock Recap Show continues to air on Friday’s. Everything else might move to my new employer.

The good news is there’s likely going to be more content, podcast, videos, etc. Some of the content, particularly the research around less-covered stocks, will cost money since that’s how the company makes money to pay me. But most will be free or very lost cost (like less than $50 per year).

I start next month so I’ll have more info then.

As for these markets. It’s decision time. For the past month markets are essentially sideways. The VIX has tanked - and this all has occurred with the debt ceiling drama, earnings, massive bank failures, record inflows into money market funds, and a rate hike.

Here’s the 1 Million Dollar Question YOU should be asking:

If the sellers didn’t show up over the past 30 days when are they?

Technically you’d like to see a push over 4200 to confirm higher-highs. A break lower to 3900 wouldn’t be the end of things either.

I have a thesis I’m working on for the back half of 2023 and the beginning of 2024. It’ll be the first newsletter I send with my new employer.

What I will say is YOU should be developing a thesis that looks out 6-12 months. What will rates be in 12 months? What will earnings be in 12 months? Are the expectations for those things too high or too low right now?

Lastly. I owe you all a huge thank you. I wasn’t looking for a job. I was very content posting investing content on the channel. I was contacted via LinkedIn and recruited because of the YouTube channel. If it wasn’t for your support I wouldn’t have this tremendous new opportunity. I’ll share more as I get closer to my start date. The job requires lots of travel so my hope is I’m able to meet some of you along the way. I owe you.

Thanks.

As always, good luck with your investments.

Colin Tedards