User Comment: With everything just going crazy do you have any recommendations on purchases at the moment?
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Victor:
While I would definitely purchase the above fine bottle of vino, I dare say it would not be a good investment because I would drink it before it had time to appreciate!! 😜.
I have added a little to my FSLY, ZM, LVGO and CRWD positions. I reduced my MDB and OKTA by 2% each. I raised 2% cash to take a little off the table, be prepared and take advantage of any future dips like yesterday. I am now 10% cash and feel good about it because being up 95% YTD I wanted to have some of those profits set aside for some personal projects. This portfolio could double from here or get cut in half again depending on the course of the economy and the pandemic. I don’t know what other positions you already have or a plethora of other factors, so can only tell you what I am doing. CRWD is my current favorite, everything considered, but make no mistake, all of these companies are at very high valuations and should be watched for any break in their growth…AYX recently showed a small break in growth and that is why I’ve paired it back from 21% down to 17%…of course then it surged another 15% higher recently. Still a solid long term company that will do very well. Stay healthy, my friends. We aren’t through with this pandemic yet…may be just starting.
