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[Music]
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it's
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2024 Happy New Year hope you had a great
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holiday season we had a wild 2023 and
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people that were invested especially the
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ones that went through a lot of pain in
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2022 they were very happy at the end of
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2023 now this video today is going to
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bring you up to speed on the fired up
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wealth community portfolio in the top
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seven Holdings now this portfolio was
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created in
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2022 to try to help teach younger
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investors or people that have a longer
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time Horizon how to invest how to build
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a grow stock portfolio now this
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portfolio is not focused just on Alpha
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and Hyper growth and it might sound
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counterintuitive but it's really about
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trying to get to an end goal in a
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certain amount of time we talk about
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three pillars you're going to have time
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in the market if you're you're young
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that's priceless you can't buy time
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you're going to have the amount of money
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you invest or Capital which you can
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control to an extent but of course you
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can't just plant a tree in the backyard
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that grows money you can however do
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things like better yourself to make more
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money have side hustles you can spend
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less the ultimate goal here is to you
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know make as much as you can save as
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much as you can and invest as much as
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you can in the market and then that
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third pillar is going to be returns and
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of course you're always going for the
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best returns but IAL talk about having a
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plan and sticking to it and building a
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blueprint that helps that plan come to
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fruition now if you have a longer time
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Horizon you've got time on your side and
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compounding you don't have to
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necessarily be as risky the flip side of
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that the more time you have you can make
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mistakes and you can make up for it if
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you have a shorter time Horizon you
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invest very differently now I spent a
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lot of time thinking about how to put
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this video together and it's a new year
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and you're really looking at a new
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version of Eric I don't mean to sound
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cynical when I say say this but there
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are really two types of people
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especially on the internet on a platform
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like YouTube there's the very small
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percentage that very tiny bucket that we
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call investing aliens they want to learn
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and they want to grow and they want to
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generally Achieve Financial Freedom it
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doesn't mean retire early and watch
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Oprah Winfrey all day it means Achieve
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Financial Freedom and enjoy the life
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that you want to live but ultimately
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there are these people that are
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investing aliens they want to learn they
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want as much education as they can to
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make themselves better not only as an
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investor but just as a person in general
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the other bucket and really the majority
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unfortunately on a platform like YouTube
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is generally people that just want to
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make a quick dollar they want to go to a
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video like this see this top seven
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stocks and move on to the next video
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these people generally have training
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mentalities and ultimately they're
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usually newer investors that just don't
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know what they don't know anybody that's
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invested in the market for a while they
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understand the importance of learning
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and constantly growing so I encourage
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you to watch this video even though a
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lot of you won't anyways you're going to
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just fast forward to the part where I
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covered the top seven stocks so we have
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something that we call the fired up
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wealth blueprint methodology and what
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that's really doing is using pillars use
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different pillars to try to build a grow
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stock portfolio that's Diversified and
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this portfolio includes ETFs and
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dividend stocks there a lot of people
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think they just have to be a hyper
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growth investor or just a dividend
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investor you know DJI investor you can
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really have the best of both worlds and
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have a blended and balanced portfolio
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that helps ride some of that
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volatility and you get to own some core
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type positions that help you sleep well
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at night we call them Swan stocks you
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know ETFs are going to be a great core
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something that you never really have to
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sell and even though those aren't
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actively managed they are managed
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indirectly in the sense that new
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companies come and go all the time if
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you look at 20 years ago what was in the
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S&P 500 it's a completely different
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thing you could have owned the S&P 500
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Index and you could have realized those
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gains along the way now of course when
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you're trying to beat the market you
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want to have Alpha over those ETFs
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especially the S&P 500 which is
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generally going to be the market so what
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you do is you build growth and spec
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stocks around this core and then you
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still have a core of gr stocks that are
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going to be less risky than some of
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those hyper girl stocks and those spec
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stocks now the biggest mistake that new
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investors make what most people do is
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they decide that they want to invest in
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the market they download an app like say
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Robin Hood and they just start buying
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stocks they buy a couple of stocks they
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haven't really done a ton of due
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diligence they don't really have a plan
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of what they're trying to accomplish and
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so the number one mistake that new
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investors make is they don't have a plan
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I call it a blueprint if you build a new
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house you need a blueprint to know
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exactly where all those materials go and
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a blueprint for a home is very precise
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you need to have the exact amount of
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lumber nails and so on and so we build a
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portfolio we design a portfolio based on
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each individual's needs risk tolerance
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goals and suitability so if you have say
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20 years and you have a high risk
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tolerance you're going to build a much
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different portfolio than someone that
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maybe is older they only have 5 years to
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invest or maybe they're going to be
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retiring soon and you have that Spectrum
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I talk about the accumulation phase and
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the preservation phase some of you
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watching might have a much higher risk
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tolerance and you could be a 15 out of
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10 on our scale but I'm using the
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approach if I were manage your money
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which I'm not and I'm not your financial
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adviser you generally aren't going to
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tell people to go buy a basket of meme
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stocks right so we use pillars and in
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this design this nine out of 10 sample
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portfolio you can tweak this however
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you'd like so we have 60% in grow stocks
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now with grow stocks you have to keep in
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mind that every business has really a
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life cycle and it might start as a Spec
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stock into a hyper girl stock growth
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mature growth dgif all the way to an
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income stock and so the point here is
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keep in mind that a hyper girl stock
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like say a snowflake is going to be much
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different than say a Google but they're
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both considered grow stocks so you're
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going to invest in a variety of grow
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stocks and at 60% of that portfolio next
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the most unpopular pillar is going to be
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ETF at 20% now you can still be
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aggressive with ETFs because you can buy
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things like QQQ and if you're really
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aggressive you can buy things like Arc I
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generally would call that spec but you
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can do whatever you'd like with your
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money and your portfolio some example
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ETFs that work great for long-term
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investors in my opinion the Vu that's
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the S&P 500 the sxx for the SMH these
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are semiconductor ETFs QQQ the NASDAQ
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100 and another you could consider is
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vgt this is the Vanguard Information
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Technology ETF next is going to be what
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we call the spec basket these are
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speculative stocks so these are higher
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risk much more of a story stock they
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don't really have a whole lot of
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fundamentals so back in 2021 we said
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anything that's a speack is a spec
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something that's crazy expensive that's
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burning cash not profitable it could be
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a spec I know there's a fine line there
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cuz some people might call a stock spec
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and others might call it growth or hyper
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growth so an example would be something
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like maybe a Sofi some of you might call
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Sofi a Spec stock others might just call
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it a a grow stock a higher risk grow
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stock so it's in the eye of the beholder
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but overall if you look at spaxs if you
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look at companies that are small caps
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that are burning cash things like that
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that are risky and they're more of a
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story they could be a 10x or zero that's
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what we call a Spec stock and that's 10%
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of this portfolio composition in that
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last basket 10% and dividend stocks now
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we like to focus on what we call dgif
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that just means total growth so focusing
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on the growth of not only the share
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price but also the dividend so examples
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would be like a Nike a tractor's Supply
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Company a Wing Stop and so on these have
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smaller dividend yields and they're
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stocks that you plan on holding for many
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years where that dividend can grow and
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you have a very attractive yield on cost
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in these names if you hold them for say
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10 years an example here is Microsoft I
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bought that stock in 2012 my yield on
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cost now is over 7% and many any of us
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in the community our goal is to invest
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in growth outperform sell the profits
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and buy dividend stocks so blue chip
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dividend stocks income stocks ETFs like
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SCD for endgame so when I say endgame
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I'm basically saying early retirement to
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bridge the gap so this is generally in
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an individual taxable brokerage you can
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do whatever you want you can put it in
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your WTH if you want I generally invest
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in ETFs in my retirement account but
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again do its best for your money but if
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you are going to retire before say 65
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say you want to retire at 55 you're
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going to need an individual ual taxable
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brokerage to bridge that Gap and that's
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where this fired methodology comes in
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basically investing in growth
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outperforming taking those profits
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investing in Blue Chip stocks and living
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off that passive income and I know that
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strategy might not be for everybody
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watching and that's okay this sample
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portfolio still works just fine
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regardless if you're striving for early
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retirement or Financial Freedom or not
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and again guys you can tweak that
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however you'd like it's really just a
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sample to get you started so if you want
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to invest in more dividend stocks less
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dividend stocks and so on every
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portfolio should be unique to the
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individual I always say that every
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portfolio should have the DNA of the
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investor whoever owns that portfolio so
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you might be more passionate or have
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more experience understanding about
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certain industries than others you might
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have more comfortability with Grill
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stocks and Maybe not maybe you're more
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into dividend stock so tweak that
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however you want this is just to get you
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started but I think it works great for a
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young investor or somebody who has many
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years in the stock market looking to
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capture growth from secular growth
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Trends Mega Trends so we talk about
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things like artificial intelligence of
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course that's been huge in 2023 data
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centers cloud computing cyber security
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Aerospace and defense space exploration
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video gaming online gambling augmented
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reality virtual reality mixed reality
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autonomous driving EVS genomics robotic
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surgery Esports 5G 6G 7g anything with a
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G behind it e-commerce digital twins
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cryptocurrency metaverse clean clean
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energy and more so you want to invest in
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these Mega Trends to capture this growth
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we're really in a new Industrial
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Revolution if you look at the first
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Industrial Revolution it played out over
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a course of about a 100 years now look
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it towards the bottom while some believe
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that we're still in a third Revolution
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it is arguable that the third Revolution
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only lasted 30 years and ended with the
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commercialization of the internet which
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led to the dotcom boom and bust about 10
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years after the internet was first
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publicly available in 1991 there's
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absolutely no question in my mind that
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we're in a fourth Revolution and this is
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going to include those Mega Trends we
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just talked about having the internet
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more accessible broadband highspeed
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internet is more accessible now than
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ever and that's growing exponentially
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you think of like starlink and you think
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of like Kyper with Amazon satellite
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broadband internet 5G 6G it's going to
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change the game and artificial
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intelligence is fueling a lot of these
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growth Trends as well it all comes back
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to semiconductors the new oil so of
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course I've been a big investor in
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semiconductors Nvidia is my top holding
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in my main portfolio and I own several
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other stocks you can check out some
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videos on the channel That show you all
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the different semiconductor companies
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that I'm bullish on and that I own and
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if you like this kind of content you're
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new here subscribe to the channel click
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that Bell for notifications so one day I
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was thinking and this is my brain on a
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piece of paper I tried to visualize all
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the mega Trends in a flowchart and I
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drew this up now I first shared this in
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the fired up wealth conference series
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there's a series of 14 videos you can go
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watch those right now go to p pon.com
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fart up wealth and there's a much deeper
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dive video that talks about blueprint
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and portfolio design as well as deep
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Dives in megatrends like electric
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vehicles semiconductors space
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exploration metaverse crypto and more so
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semiconductors power everything they're
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the new oil and Cloud Powers the future
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and needs semiconductors so really cloud
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computing fuels all these growth Trends
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and cloud computing needs gpus and
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semiconductors to work so here's a quick
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example of flowchart to help you map it
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out and and think and yours might look a
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little bit different make your own
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flowchart but at the very top right you
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can see semiconductors and that's going
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to include different segments on the far
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left you've got SAS so software of
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service Cloud cyber security data AI
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Quantum Computing in the middle you've
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got EVS clean energy space exploration
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then you've got e-commerce Web 2.0 and
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internet of things and these all tie
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together you can see how the arrows are
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going different directions they're all
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kind of looped together you know if you
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look at the far left in SAS it flows
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into Big Data Big Data flows in robotics
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robotics FL into Automation and so on so
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for me I'm very bullish on
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semiconductors and Cloud because they
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really help fuel all of this now even
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though this portfolio isn't focused
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solely on Alpha just on growth and it
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has dividend stocks and ETFs baked into
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it into the plan this portfolio was
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still up almost 80% in 2023 and as I
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mentioned we started this portfolio in
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2022 we've been averaging about $1,500
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per month that we've been invested for
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about 18 months months now we've grown
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that account from zero we started it
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from scratch and we got it one point
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over $80,000 in 2023 so from $0 to
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around
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$80,000 in a course of about 18 months
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the reason I share this is because if
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you're starting out as a new investor
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sometimes it might feel like it's hard
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to get started to get that ball rolling
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once you get that ball rolling you get
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to that first $100,000 you've heard this
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story before next thing you know it's
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going to compound you're going to have a
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million dollar portfolio so if we can do
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it just by simply dollar cost averaging
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into some of our favorite stocks and
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ETFs and really just using what we know
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our knowledge and doing our best in
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terms of due diligence and having
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conviction what we own just
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understanding those secular Trends if we
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can do it you can do it too so next I'm
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going to share the top seven Holdings in
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the fired up wealth Community portfolio
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before I do that if you're new here make
00:13:52
sure you subscribe and click the bell
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for notifications and if this video is
00:13:56
helpful drop me a like and drop me a
00:13:58
comment let me know what you think now
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if you want to see this entire portfolio
00:14:02
all 42 positions every single
00:14:04
concentration how much each stock is up
00:14:07
or down there's an exclusive video on
00:14:09
patreon right now you can join any tier
00:14:11
including Eric's aliens and you can
00:14:13
access that video and watch it right now
00:14:15
so I mentioned earlier that Nvidia is my
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top holding in my primary taxable
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brokerage that's about $1.7 million
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right now and I've owned that since 2018
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up nicely on it it's really just house
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shares at this point so I bought that in
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the 30s now this portfolio of course
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again we started this in 2022 we started
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buying it especially when it got to 115
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less I was pounding the table kept going
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lower people were freaking out online
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what's going on I think it got down to
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108 at one point we kept buying now up
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233% in the fired up wealth Community
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portfolio and the number one position
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now a lot of you are asking is it a buy
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now closer to you know $450 $500 in that
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range you know it's going to be
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dependent on earnings now one thing I
00:14:58
will will say if you look at a couple
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different graphs out there talk about
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the total addressable market for
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semiconductors and we're looking at a
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trillion dollar total addressable Market
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by 2030 Nvidia is a trillion dollar
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market cap by itself so you do am
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bullish on this company I think that the
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stock will probably go higher I think
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it'll probably in the 600s especially
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because analysts keep pushing the price
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targets higher it's not going to go in a
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straight line it needed to consolidate
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and you're really going to need to see
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some earnings here so it's one of those
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stocks that I do like of course course
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I'm in a position right now I'm planing
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to win I've sold the initial cost basis
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I've taken profits and I'm riding house
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shares now in this portfolio we' have
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not trimmed it and it is a little bit
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overweight I think it's closer to 8% and
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generally we like to have 5% or less so
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my plan with Nvidia is I'm thinking it's
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going to go to $600 over the course of
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this year I'm going to sell that and we
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do have one stock in the portfolio
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upstart that's down I'm hoping that
00:15:55
upstart can kind of go up a little bit
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higher as well but I'm going to Harvest
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and basically sell maybe a couple shares
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of Nvidia and get rid of that position
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because I don't have conviction
00:16:04
personally and upstart anymore but right
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now up 233% I do think after
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consolidation assuming earnings go well
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that the stock will be over at you know
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$600 at some point in 2024 but it is a
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very high-risk stock to buy at this
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point after it's ripped so hard in a
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short amount of time the second stock in
00:16:24
this portfolio is data dog now most of
00:16:27
this is going to be profits so all these
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top Holdings the reason they're top
00:16:30
Holdings is we bought them at much lower
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prices and they've ripped much higher
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this is another one that's slightly
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overweight I think it's around 6% and
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I'm looking to trim 1% of that in
00:16:42
2024 now look at the technicals I think
00:16:45
it's pretty healthy if we have some sort
00:16:47
of a a sell off even if you remember in
00:16:49
2023 at the beginning of 2023 we
00:16:52
actually had a sell off the first 3 days
00:16:54
of January a lot of people don't
00:16:56
remember that some of the lowest prices
00:16:58
on a lot of these grow stocks you would
00:16:59
have actually gotten January 6 or
00:17:02
something like that in 2023 so I think
00:17:05
that if we sell off a little bit people
00:17:06
are taking profits at the beginning of
00:17:08
the year and maybe re reallocating some
00:17:10
of that you could see some new market
00:17:12
leaders emerge but overall we've seen
00:17:14
breath of the market we've gotten back
00:17:16
to those all-time high levels and I
00:17:18
think the Market's just pausing here
00:17:21
there's plenty of macro risis that we've
00:17:22
talked about that we you know we've
00:17:24
talked about the macro risk for months
00:17:25
and months and months really the last
00:17:27
couple of years in the channel so I'm
00:17:29
optimistic for 2024 overall but like I
00:17:32
said in Discord guys I mean if you look
00:17:34
at the stats on this there's a pretty
00:17:36
good chance you're going to have at
00:17:37
least a 5% pullback it's in the 90
00:17:40
percentile and if you look at 10%
00:17:42
correction it's something like a 60 65%
00:17:45
chance that you're going to see that at
00:17:46
some point Now Stocks don't have to go
00:17:48
up in a straight line so you could see
00:17:50
volatility you could see sell off the
00:17:51
beginning of the year you could see the
00:17:52
sell off the middle of the year look at
00:17:53
2023 that wasn't a straight line either
00:17:56
either we had ups and downs so assuming
00:17:58
everything everything goes well with
00:17:59
election year I think a lot of these
00:18:00
stocks will be higher but they are
00:18:02
expensive at these prices and it's hard
00:18:03
to buy them again most of these we
00:18:05
bought at much lower levels the third
00:18:07
stock is skywater this is a great
00:18:08
example now I consider this spec it's a
00:18:10
small cap semi and it really needs to be
00:18:13
trimmed as well some you know 2024 at
00:18:15
some point and a lot of these stocks I
00:18:17
looked at the end of 2023 and I'm
00:18:19
thinking I could trim a little bit more
00:18:22
I'm some of these here but I'm going to
00:18:23
kind of wait to see how 2024 goes
00:18:25
everything was very bullish towards the
00:18:27
end of the year and again we could see
00:18:29
some consolidation it doesn't mean the
00:18:30
market can't go higher at some point in
00:18:32
the year now if you have that trading
00:18:34
mentality it makes sense to sell when
00:18:36
you have these things rip generally when
00:18:38
we're buying again we're holding for
00:18:39
five or more years unless the story
00:18:41
changes so it's not buy and hold forever
00:18:43
it's not just holding blindly if
00:18:45
something goes parabolic we generally
00:18:47
sell but this is one that has the
00:18:49
potential to go higher especially if
00:18:51
earnings come in where we think they're
00:18:53
going to come in over 2024 and
00:18:55
throughout the course of the Year this
00:18:56
is one that we want to trim down and get
00:18:58
get not to be the third position so most
00:19:00
of this is profits buying heavily when
00:19:02
it was really beat down I thought it was
00:19:04
just too hard to pass up some of these
00:19:05
stocks generally speaking you don't want
00:19:07
to have a Spec stock at more than 1 or
00:19:09
2% so this one's a little bit out of
00:19:11
whack again from profits unrealized
00:19:14
gains right number four it's going to be
00:19:16
crowd strike up over 100% this is
00:19:18
another one we were pounding the table
00:19:20
when it got to the lower levels I want
00:19:21
to remind you guys if you want to see
00:19:23
the entire portfolio this community
00:19:25
portfolio all 42 Holdings weight cost
00:19:28
the cost bases the gains everything the
00:19:30
full portfolio visit
00:19:32
patreon.com fired up wealth any tier
00:19:34
will get you access to this exclusive
00:19:36
video I'm also going to be dropping
00:19:37
another series another set of videos
00:19:40
here in a couple of days that's going to
00:19:42
cover my primary taxable Brokers $1.7
00:19:45
million so I'll do a YouTube video and
00:19:47
then we'll have a patron exclusive that
00:19:49
one's going to be for elite members and
00:19:51
hire and we actually do have a free
00:19:53
7-Day trial for elite so if you want to
00:19:55
check it out see what discord's all
00:19:57
about again go to
00:19:59
patreon.com up wealth you can actually
00:20:01
go watch this video for free on the
00:20:03
trial go check it out number five is
00:20:06
going to be Tesla I know a lot of people
00:20:07
especially YouTube a lot of people love
00:20:10
this stock we just had delivery numbers
00:20:11
come in today very strong this is one
00:20:13
again pounding the table when it got to
00:20:15
specific prices I remember on Twitter
00:20:17
people saying I'm not going to touch
00:20:18
Tesla unless it's $75 a share and I
00:20:21
always say why not dollar cost average
00:20:23
buy a little here buy a little there but
00:20:25
generally there are a lot of people out
00:20:26
there they want to time the bottom
00:20:27
perfectly doesn't work now if you look
00:20:29
at this portfolio we didn't come close
00:20:31
to time in the bottom on anything and we
00:20:32
didn't try we were DCA levels and often
00:20:35
times we'd buy it and go a little lower
00:20:37
you buy some more now it's easy in
00:20:38
hindsight to say why don't you just buy
00:20:39
it when it reverses and go goes the
00:20:41
other way most people that say that
00:20:43
don't actually ever buy it all because
00:20:45
by the time they figure it out they miss
00:20:46
it so again this is going back to the
00:20:49
mentality of trading versus long-term
00:20:51
investing as a long-term investor if
00:20:52
you're investing in a stock that you
00:20:54
have high conviction your confidence be
00:20:56
worth more later you're willing to pay
00:20:58
certain price and lower and you're just
00:20:59
buying it and you're feeling good about
00:21:01
it longer term if you're trying to snag
00:21:03
the bottom and trade and make a quick
00:21:05
Buck well you have a different mindset
00:21:06
and that whole psychology around it it
00:21:08
will just Crush you these kind of stocks
00:21:10
are going to be volatile up down and
00:21:12
sideways what you really have to do if
00:21:13
you're a longterm investor and say do I
00:21:15
want to own a part of this business when
00:21:17
you own a stock you own part of the
00:21:19
business and will this business be worth
00:21:21
more in five or 10 years I feel
00:21:23
confident in all these stocks especially
00:21:24
a name like Tesla now it's a LoveHate
00:21:26
stock either you love it or you hate it
00:21:28
and if you're bearish on it and don't
00:21:29
believe in it that's okay we can still
00:21:31
be friends number six is Cal one now I'm
00:21:34
a big fan of crowd strike and if I were
00:21:36
to buy one stock over the other it would
00:21:38
be crowd strike over Sentinel one with
00:21:40
that said there's a huge total dressel
00:21:42
market and when this got to the prices
00:21:44
we bought it at it's up 76% or something
00:21:47
like that uh in the portfolio it was
00:21:49
just too hard to pass up and I thought
00:21:51
it was a decent buy if I were buying one
00:21:53
or the other today you know it might
00:21:55
look different but I thought those those
00:21:57
prices were good good where we were kind
00:21:58
of snagging and DCA and now we're up 76%
00:22:01
and it's the sixth largest holding sixth
00:22:04
largest position in this portfolio now
00:22:06
I'm going to get to number seven again I
00:22:08
want to invite you to go check out the
00:22:10
exclusive video look at all 42 positions
00:22:13
and when I share this with you it's not
00:22:15
the intent is not that you go copy it to
00:22:17
give you an idea of what we do and
00:22:19
really the whole idea for me is to help
00:22:21
educate people on how to buy stocks how
00:22:24
to build a grill stock portfolio the
00:22:26
intent is not to just give you a list
00:22:28
the stocks and go buy them we we talk
00:22:29
about infart up wealth we want to teach
00:22:31
you how to fish not to be your fisherman
00:22:33
so if you're taking this seriously
00:22:34
trying to learn I think these kind of
00:22:36
videos help educate just the overall
00:22:39
methodology of what we're trying to
00:22:40
accomplish so the seven stock any
00:22:42
guesses the seven stock is Indie and
00:22:45
this is another one we bought heavily
00:22:47
when it was beaten down this is one I
00:22:49
said on YouTube I think $6 or less you
00:22:51
know pound the table it went in the
00:22:53
fives people freak out it went in the
00:22:55
high fours people freak out it's like
00:22:57
it's still a bu it's just a better buy
00:22:59
at $475 or whatever it was at than at $6
00:23:03
this one we are up nicely on as well
00:23:05
this is a lot of profits baked into this
00:23:07
and it's the seventh largest holding so
00:23:09
both Indian skywater if those climb
00:23:11
higher over 2024 we're looking to trim
00:23:14
several of these names and kind of
00:23:15
rebalance that in 2024 if you're new
00:23:18
here guys make sure you subscribe to the
00:23:20
channel click that Bell for
00:23:21
notifications you're going to want to
00:23:23
see the next video coming up with my
00:23:25
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00:23:27
million account so subscribe and click
00:23:29
the bell for notifications so you don't
00:23:31
miss that one if this video is helpful
00:23:33
make sure to drop that like and comment
00:23:35
and I hope you guys have an awesome 2024
00:23:38
we're going to be on fire continue to be
00:23:40
on fire on this channel so make sure
00:23:42
you're part of it have a great rest of
00:23:44
your day take care
