OUR PARTNER PAUL ESSEN CELEBRATES 3 YEARS OF HIS PORTFOLIO
5 tips from Paul about investing for long-term growth
Our portfolio creator Paul Essen is ringing in 3 YEARS of the Freedom Portfolio, updated on Stock Card!
Like any sensible investor, he isn’t breaking a sweat when his stocks go through a rough patch. Here are 5️⃣ gems he shared from his journey!
1️⃣ Paul sticks to his guns. He is open and transparent about these past few quarters underperforming because he has 20 years of experience that keeps him level-headed when his long-term plays aren’t going up 100% of the time.👀
2️⃣ With the rapid growth that boosted his Freedom Portfolio throughout 2020, this slowdown in growth doesn’t shake his confidence. A focus on diversification while shooting for innovative and disruptive companies is essential!
3️⃣ Forward-thinking companies can make all the difference, but you might not know when that difference is coming! His Square (SQ) stock traded flat for over a year until it suddenly exploded at the onset of the pandemic and the increase of cash app payments.
4️⃣ You should always revisit and review your portfolio. Paul is reconsidering the strength of some key stocks. For example, Disney (DIS) has nearly doubled in his portfolio but has underperformed the S&P, possibly due to the streaming war, parks, or other factors.
5️⃣ According to Paul, the underlying theme of his changes this quarter was concentration. In other words, trimming off the losers dragging him down and beefing up his more successful positions. You can read his full quarterly review here on his site:
BONUS PARTNER PORTFOLIO
To find all of Pauls picks, visit his portfolio on Stock Card
💥 Bonus 💥 Want to stay up-to-date in real-time with the Freedom Portfolio? As of today, it’s up 260%! Follow it on Stock Card to stay in the loop ⬇️