Welcome back. Just a small update on the portfolio for this week. I'm still waiting on some funds to clear on my Schwab account but I invested most of it already. I think in the next post I'll address the portfolio as a whole in the breakdown instead of keeping them separate. Eventually for continuity sake I will transfer the holdings over to the Schwab account so that I have everything in one place which help with workflow. I'm just going to talk about the buys for the week. Both NIO and CRGY were stagnant this week. Next week I'll provide a full portfolio update since I will be deploying the rest of the funds soon enough. Let's get into it.
[LONG] GDX:
Buy 09/17/2025: $4,954.32 (72 shares at $68.81)
[LONG] BABA:
Buy 09/17/2025: $4,991.40 (30 shares at $166.38)
GDX:
GDX is a Gold ETF that tracks the overall performance of companies involved in the mining side of the Gold industry. Gold has been on quite the run recently breaking $3700 USD for the first time. To cap it all off, the Feds just announced on September 17th, their first round of interest rate cuts. We’re already seeing rates for CD’s and bonds drop so naturally people will look to invest elsewhere. In times of economic uncertainty, Gold and Silver are there to comfort you, tuck you in, and read you bedtime stories until you fall asleep. With one more rate cut coming this year and possibly more in 2026, I don’t really see Gold going anywhere anytime soon. While it isn’t the most exciting in terms of volatility, it’s an excellent vehicle to park my money in for the time being until I see something else that catches my eye.
BABA:
Alibaba requries no introduction as it’s a household name by now especially if you already invest in tech. With their expansion into AI and cloud computing, I really don’t see their growth coming to a screeching halt anytime soon unless they run into regulatory issues, but they have dealt with them in the past so no major red flags as of yet. Not to mention that their AI model QWEN has been downloaded just a few 300 million times over. They’re just getting their feet wet in this new sector so it’s a great long-term pick as they are seemingly not even close to their full potential. Kicking myself because just last month it was trading around $120 USD but I'm just happy to be here. We're slightly late to the party but we're here for a good time and a long time.
Closing Thoughts:
I was thinking about diversification the other day and I had a revelation of sorts. Many people will say that you need to diversify your portfolio to mitigage losses. While I understand the sentiment, that statement comes from a place of fear. Of course there is always a level of uncertainty when it comes to the stock market, but if you have strong conviction or you understand a particular sector very well, then really what is the need for diversifying? Now I'm certainly not saying to throw all your eggs in one basket and pray for the best because that is not a winning strategy. There is a time and place for diversifying. What I am saying is that if you know what you are doing and have done your research, don't let the thought of being too top heavy in one sector hold you back from investing. You might end up kicking yourself later when you see all the percentage gains you left on the table. One aspect I enjoy about this portfolio/project is that I am allowing myself to follow my interests. I didn't buy GDX with the thought of diversifying. I simply saw potential value and pulled the trigger. Whatever it is that you do in this world, do it with conviction and you will live a life without regret. See you next time.
DISCLAIMER:
“This post reflects my own personal opinion and is for educational purposes only. It is not financial advice or investment recommendations. Please do your own research or consult your personal investment, legal, and tax advisor before making any investment decisions.”