Portfolio Update – April 2023

Posted in   Portfolio Updates   on  May 10, 2023 by  Money Bren0

Nothing in this article is financial advice. The writer is not your financial advisor. Investing contains risk and you can lose money. Consult your own professionals before making investment decisions. This article may contain affiliate links. 

April was an interesting month.

The markets have somewhat been in limbo with not much big movement in either direction.

I love phases like this, actually.

They test your patience and in general are good buying opportunities.

Obviously, anything can happen, and globally things might be in a tightwire right now, but I like Francois Rochon’s approach to times like this – be optimistic. Understand that every day humans wake up and try to make things better, not worse, so chances are things are going to get better over the long run. Simply ask yourself – do you think the market will be higher or lower 10 years from now? And this approach will make long-term investing much less complicated.

Stocks

I’ve deployed most of the cash in the portfolio, and we’re down to about 5% cash allocation now. To me there are some stocks are simply looking too cheap to pass on right now (DSK and ARV in particular).

I’ll keep a small amount of cash as I believe in keeping at least a small amount of dry powder always.

Crypto

You’ll see below in the breakdown I’ve upped the crypto allocation. I’ve written before that I’m very bullish on Bitcoin at this stage in the cycle, as we’re about one year out from the halving now.

I suspect that most spare cash that’s generated for the portfolio is going to go straight into Bitcoin for the next 12 months or so.

Matched betting

Finally had some good numbers for matched betting again!

NRL and NBA season offered a ton of good promos, and I managed to almost clear $1k AUD again for the first time in a while.

Since most of my bookie accounts have been restricted now (I’ve had more than fifty), it can be hard to get the volume of promos I need to make a decent profit, so was really happy with this month.

If you’d like to get started with matched betting, get going with my beginners guide here!

Niche Sites

I’ve been spending quite a lot of my spare time on niche sites – any time I’m not looking through stocks I’m building my sites.

I’m hoping to build this side hustle stream of income to at least a few thousand dollars a month. I only work on @moneybren projects part-time, so it’s been a challenge to get as much done as I’d like, but I’m confident I can get this going, especially as my matched betting income is dying down.

Watch this space!

Portfolio Breakdown

This portfolio value is made up of the following:
โ €โ €
๐Ÿ’ฅ BOOM weekly savings: $3,791
โ €โ €
๐Ÿšฎ Decluttering: $7,202 (all detailed in my course Simple Flips)โ €โ €
โ €โ €
๐Ÿ’ธ Matched betting: $46,894 (get started with my free guide!)
โ €โ €
๐Ÿ“ฆ Flipping: $2,676 (all detailed in my course Simple Flips)โ €โ €
โ €โ €
๐Ÿ“ Surveys: $150โ €โ €
โ €โ €
๐Ÿ–ฅ๏ธ Simple Courses sales: $8,749โ €โ €
โ €โ €
๐ŸŽ‰ Sharesies bonuses: $140โ €โ €
โ €โ €
๐ŸงงLeftovers from Chinese New Year Instagram giveaway because people didn’t want free money: $90โ €โ €

๐ŸŽLeftovers from 500 follower Instagram giveaway because people didn’t want free money: $300
โ €โ €
๐Ÿ’ฐ Personal dividends: $2,014

๐Ÿ–ฑ๏ธ Niche Site A (Home Remedies): $6,518 (get started with my free guide)
โ €
๐Ÿ–ฑ๏ธ Niche Site B (Fitness): $2,619 (get started with my free guide)
โ €
๐Ÿ–ฑ๏ธ Niche Site C (Superfoods): $1,314 (get started with my free guide)

๐Ÿ–ฑ๏ธ moneybren.com: $96

๐Ÿ’ต Interest: $61
โ €
๐Ÿ’น Sharemarket gainz: $530 (get started with Simple Stocks!)

๐Ÿ’น Crypto gainz: $883โ €

Top 10 Holdings

You can view all previous portfolio updates here.

Want to get started and not sure where to start? You might be interested in my courses Simple Stocks and Simple Crypto! ๐Ÿ™‚

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