2021 LESSONS FOR 2022 INVESTING
Joseph Hogue shared his lessons learned from this year, and how it's changing his strategy
Joseph Hogue’s Bowtie Nation portfolio on Stock Card is up over 25% this year!
Here’s a thread of 5️⃣ tips he shared as he covered his best and worst picks this year, as well as some advice for 2022:
1️⃣ Peter Lynch said “Invest in what you know…” and this principle has guided Joseph’s investing strategy by reminding him to do diligent research on the ins and out of an industry before entering a long-term position. 👀
2️⃣ Doing your homework on a stock means you can notice trends or signs of mispricing ahead of the curve! Investing against the market is where you can make the largest gains, but requires the most insight.
3️⃣ 20 or 30 stocks is the sweet spot for the number of individual stocks you hold in your portfolio. If you add too many, it becomes increasingly difficult to keep a close enough eye on each to time your sell. 🔎
4️⃣ We’re not going to give away his best picks, you have to check out the portfolio to see that! Some of Joseph’s tough losses were from companies like Clorox that were the early victims of pandemic woes and inflation.
5️⃣ Using a “big picture view” to begin narrowing down your list of potential stocks can bring you a stronger portfolio because even if you don’t pick the perfect company, you can still be riding the trends!
Check out his video here:
BONUS PARTNER PORTFOLIO
To see all of Joseph's picks in one spot, find his portfolio on Stock Card
💥 Bonus 💥 If you want to stay updated on Joseph’s regular additions to the Bowtie Nation portfolio, look no further! Follow it on Stock Card to stay notified of new picks ⬇️