Portfolio Update – November 2023

Posted in   Uncategorized   on  December 5, 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. 

2023 is almost in the bag.

November was uneventful, stocks took a little hit but crypto continues its bull run into the halving.

I added just over $1k in side hustle profits to the portfolio during the month, which I’m still holding in cash for now.

Take a look below at how the month played out.

Decluttering

Found myself in holiday cleaning mode and started back on the decluttering train this month.

I sold a pair of headphones I haven’t used in a year and a bunch of old tools nobody has used in probably ten years.

Raised a couple hundred bucks which went straight into the public portfolio.

If you remember back to 2020, decluttering was how I started raising the initial capital for the portfolio, and we’ve since contributed about $3k from decluttering.

Decluttering is maybe the safest and easiest side hustle to start generating some cash, since there is literally zero risk (you’re just selling old stuff you already own) and you can do it from home in your spare time with no special skills.

If you haven’t started decluttering and turning your old stuff into assets, you need to start!

My course Simple Flips has an excellent section on decluttering, including a breakdown of the thousands of dollars of items I decluttered back when we started the public portfolio, and the different methods I used to sell them.

Niche sites

Spent no time on my sites this month.

They still brought in about $1k in cash to the portfolio, which is always nice!

As for now I don’t really have time (or interest) to be improving these sites, so it seems they’ll just be sitting there until I decide what to do with them next year.

If you’re at the start of your wealth journey and looking for something to work on, I think niche sites are a great starting place. You can read everything you need to get started in my free guide here.

Dividends

Not much in the way of dividends this month:

But – this is the true passive income that we are trying to build.

As the portfolio builds, so will these numbers.

Stay tuned!

Crypto saves the day

Last month, I talked about how crypto had finally started it’s pre-halving run, which I’ve been predicting here on the blog regularly for the last two years.

Stocks took a small beating during November, so it was nice that Bitcoin moved in the opposite direction, giving the portfolio a nice needed bump.

I still think we have a lot of room to run – this is just getting started!

Right now, crypto is about 14% of the public portfolio after the recent rally, which is getting a little higher that I would like, but it’s a good problem to have.

I think it’s premature to start re-allocating, so for now I’m just letting this ride.

Portfolio Breakdown

Not too much movement, but sitting nicely above $100k for the second month running.

Nothing fancy planned, just gonna keep plugging away.

This portfolio is made up of:

💥 BOOM weekly savings: $4,559
⠀⠀
🚮 Decluttering: $7,454
⠀⠀
💸 Matched betting: $47,847
⠀⠀
📦 Flipping: $2,676 ⠀
⠀⠀
📝 Surveys: $150⠀⠀
⠀⠀
🖥️ Simple Courses sales: $9,886

🏋️‍♀️ 1-on-1 coaching: $390
⠀⠀
🎉 Sharesies bonuses: $145⠀⠀
⠀⠀
🧧Leftovers from Chinese New Year Instagram giveaway because people didn’t want free money: $90⠀⠀

🎁Leftovers from 500 follower Instagram giveaway because people didn’t want free money: $300
⠀⠀
💰 Personal dividends: $2,014

🖱️ Niche Site A (Home Remedies): $8,798

🖱️ Niche Site B (Fitness): $3,424

🖱️ Niche Site C (Superfoods): $4,052

🖱️ moneybren.com (affiliate commissions): $4,494

💵 Interest: $97

💹 Sharemarket gainz: -$488

💹 Crypto gainz: $4,494

Top 10 Holdings

You can view all previous portfolio updates here.

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