Portfolio summary

• Current portfolio value is $260,736 after 63 months.
• The change in portfolio value for the month was -3.7% (Last month $270,941).
• The investment return for the month was -5.10% and is currently 13.5% for the year.

(The change in portfolio value and investment return are different, because one takes into account new cash added to the portfolio and one doesn't).

This portfolio is made up of:

💥 BOOM weekly savings: $7,070
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🚮 Decluttering: $11,686 (get started here!)
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💸 Matched betting: $47,847 (get started here!)
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📦 Flipping: $2,676 (get started here!)
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📝 Surveys: $150 (get started here!)
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🖥️ Simple Courses sales: $12,192 (view all my courses here!)

🏋️‍♀️ 1-on-1 coaching: $390
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🎉 Sharesies bonuses: $150⠀⠀
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🧧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
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💰 Personal dividends: $3,541

🖱️ Niche Site A (Home Remedies): $12,438 (get started here!)
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🖱️ Niche Site B (Fitness): $4,432 (SITE SOLD!)
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🖱️ Niche Site C (Superfoods): $7,757

🖱️ moneybren.com (affiliate commissions): $46,352

💵 Interest: $604
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💹 Sharemarket gainz: $60,901 (get started here!)

💹 Crypto gainz: $36,740 (get started here!)

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Deckers

Deckers is the investment I'm trying to accumulate most at the moment, it has all the makings of a value investment that I want to hold for the long term:

• Supremely well managed
• Established history of strong and growing earnings
• Excellent brand power
• No debt and billions in cash
• International expansion gives lots of growth runway
• No dividend but aggressive buybacks
• I am a longtime customer of the product

I thought Deckers was a good buy at $100 and it's now fallen to $79, way below my buy target and (in my opinion, of course) largely undervalued.

I have been accumulating with all the USD I have in the public portfolio but ideally would like to accumulate more! But just doing the best I can with the cash position we have there.

In my personal portfolio am also buying aggressively and selling puts.

I wrote more about the investment thesis on Deckers here.

Paysauce

Paysauce made another big move bringing on the former Australia CEO of Xero, Chris Ridd.

Ridd was there during Xero's huge growth spurt in Australia where they became the dominant player in the accounting software industry and the share price multi-bagged very quickly as subscribers rocketed.

He is now planning to execute the same strategy for Paysauce's recent entry into the Australia dairy industry and I'm optimistic about it, as is the market.

Paysauce is now at all-time highs and makes up about 5% of the public portfolio (I don't own any privately). Wouldn't be surprised to see this multi-bag over the next few years.

I wrote about Paysauce here and have been accumulating for about a year in the 0.17-0.22 range.

Bitcoin

Bitcoin is in a dip right now, down about 18% which is making many people nervous.

I haven't sold anything, and since I'm really not sure what to think about it right now and I've learned the best thing to do when you're not sure is just sit tight.

Was 123k the top? Maybe.

Will it go higher? Maybe.

Nobody knows, but the Bitcoin thesis is more than just about is the price going up or down. What I am supremely confident about is that it will be higher than 123k in another 5-10 years, and that's what matters - long term confidence over short term noise.

I do have plans to *maybe* sell some to free up some cash if we reach some higher highs, mostly because I want to buy other stuff (like Deckers), but if you're wondering whether I'm nervous about the Bitcoin price, I'm not.

December has also historically been a moonshot month, so let's see. My prediction was a high in Q4, and we're only one third of the way through. A lot can happen in two months!

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You can view all previous portfolio updates here.

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