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Showing posts from March, 2023

Quick Update

Here is an update on the returns of the Model Portfolio stocks. AMD      +15.5% CB             -13.2% CELH     +10.1% CRWD    +11.6% GOOGL  +9.1% MA          +1.8% SNOW    +6.6% WM        -0.5% I will post the total return ASAP. This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am not a financial advisor, and this website is not intended to constitute investment advice or provide specific advice or recommendations for any individual or on any specific security or investment product.  Any action you take upon the information you find on this website is strictly at your own risk.  This website may share links to articles and information which is interesting to me, but it is in no way an endorsement by me or by anyone ...

Bank Trouble, Buffett, and DCA

SIVB Financial crumbled due, in part, to its lending to startup companies. When the economy turned for the worse, these startup companies weren't making deposits as often as during the era of 0% interest. Bond prices dropped as the Fed tightened, and so SIVB had to sell its bond assets in order to maintain solvency. All this added up to a bank run at SIVB. A bank run happens when faith in the bank is lost, and clients withdraw their money at alarming rates. When a bank runs happens, the bank often needs a "bailout" of sorts (either from the government or other banks).  The good news is depositors with under $250,000 in the bank should get their balance. Stockholders of SIVB, on the other hand, take losses. Investing is a risk, and investors assumed the risk of a bank run when they bought shares. The greatest risk right now is contagion. What this means is, the broad spectrum of depositors lose faith in the banking system to the extent that several banks experience bank ru...

SNOW Drops, Adding CELH, AMD

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SNOW fell after reporting earnings and some conservative guidance. The stock is currently holding at support. We bought SNOW at $126, and I would love to add more shares. I'm going to wait for now and see whether SNOW heads for $110. CELH dripped after earnings, and I'm adding shares at $82 (just as I did in my personal portfolio). We've been watching CELH for months, and $82 is a price I'm willing to pay. Add CELH 4 shares @ $82 = $336 I'm also adding AMD as I want exposure to the semiconductor sector. AMD is a high-quality company with excellent leadership, and shares are undervalued, in my opinion. Add AMD 10 shares at $80 = $800 I'm also adding one share of Mastercard at $350. Here are the current Model Portfolio holdings. AMD CB CELH CRWD GOOGL MA SNOW WM Have a great night! This website is created and authored by Marlin Sandlin and is published and provided for informational and entertainment purposes only and merely cites my own personal opinions.  I am n...