What is up, everybody welcome to trades trades, where we have technical analysis on different stocks in the stock market, as well as buy hold or sell opinions on these. Given stocks i'd like to preface by saying that i'm not a financial advisor nor expert, i am just some random dude on youtube, so take what i say with a grain of salt. The purpose of this channel is to provide you guys as many resources tools and information as possible to get you guys towards the path of financial freedom. The reason that i got into investing is because i had a pretty bad medical issue that popped up a couple years back and put me about thirty thousand dollars in debt, and i was fortunate enough to have some close family and friends.

That pushed me in the direction of the stock market and i am happy to say that i am out of all that debt now thanks to investing and if i can provide you guys, even a little bit of help and push you towards that same financial freedom. That would make me a very happy man. Lastly, if you think you enjoy the video, please drop a like, and if you don't, please drop a dislike, either way helping out the youtube algorithm, and i appreciate your support and consider subscribing to the channel if you'd like to see more content like this. So today, i'd like to give you guys an update on my portfolio, i am going to do a 20 000 to 30 000 portfolio challenge.

My goal is to hit 30 000 by the end of january now. Why is this important to you? Because i want to show you the ups and downs of investing and show you my portfolio so that i can establish a little bit of trust with you guys and show you that any normal person can do this. I don't make an insane amount of money. My annual income is about 55 000.

I am a second lieutenant in the us army, i'm active duty, so you can look up my pay grade very easily and see exactly how much money i make, and i just want to prove to you guys that you don't need a huge amount of income to Do well in the stock market, so we are going to give you guys an update on my portfolio. I am currently down 573 dollars a little under 3 and the big one for me that has put me under is mvis, but i am not concerned about this. My average cost on mvis is seven dollars and two cents and in the pre-market, we're currently sitting at 693. So i've made back a lot of what is currently having me under on mvis by this much money and the reason that i'm in mvis so heavily.

I do have um about 1500 shares and just under 10 000 is because this stock has rumors. And if you look at their q3 statements, it is possible that they are bought out or there is a company acquisition by companies such as microsoft or ford. And if this happens, what happens to mvis is you are paid a multiple by the amount of dollars that is bought out for the company, so let's say that they bought up for three billion dollars. You would take three, which is the multiple times whatever the current price valuation on the stock is 694., so we'll just round it up to seven dollars and you'd be paid 21 dollars a share for the company buyout.

Now that is a huge margin of return. That's 200 percent, and if this happens, that is a very quick turnaround on the stock. So that is why i'm so heavily invested in mvis. I am currently down, like i said, a little bit of money, but that is the way that the stock market goes.

So these are my current investments. I am an apxt currently up about 323 on that stock and 15, i'm in fuel cell up about 10 li auto. This is one of the first investments that i got in this portfolio and i bought in right when the ev sector hype was hitting really hard, and i am currently a bag holder on lee. So that is a mistake that i did make on this company.

However, the ev sector will take off and i don't have a very heavy position in the stock. I do only have 11 shares, so the current value is 322. I did buy in for a little bit higher 41.75, but this is not a huge chunk of my portfolio, so i'm not very concerned about the losses here. I've already touched on nvis - i am also in neo neo day, is on january 9th and that day will affect the entire ev sector.

If there is positive catalyst and their press conference and news release goes well, so i'm going to be holding neil for the long term, but i do expect this stock to hit anywhere from 60 to 65 dollars by january 9th and if that day does go well, You could see price valuations even higher than that and xpev is also an electric vehicle stock. I am down on this one as well. I bought into xp ev when the ev hype was very high, so my average cost is 53.53. Now my plan is to play mvis, i'm going to sell half of my position in this stock if it does go up to that 7.50 to 8 range, and i will use that money to dollar cost average down and xpev lee neo and i will slightly increase My position in fuel cell, because i do think this stock is going to see 20 to 25.

I do think is going to be a lot like plug. That is an update on my portfolio. If you have any questions or comments, please let me know in the comment section down below i'd love to answer them for you. I want to be very transparent about both the ups and downs of the stock market.

Last thing i want to note is the pre-market today is up a very decent amount, so i do think i'm going to be pushing pretty close to 20 000 by the end of the day today, but i will update you once i can. If you enjoyed the video, please drop a like, if not a dislike, either way. I appreciate your support and please consider subscribing to the channel if you'd love to follow along on this journey to 30k. That is all i have for the video today.

I hope you enjoyed and i will see you all next time: peace.