m1 finance growth portfolio update november 7th 2021 1200 x 628 px 1

Growth Portfolio Update #3 Sunday, November 7th, 2021

As expected, our new growth portfolio has gone down a tad bit after its impressive start and run-up, primarily because of BAKKT. BAKKT Holdings ran up to $49.10 but was inevitably going to come down a little bit. However, to my surprise, it’s holding up even stronger than I expected in the low mid $30s. But before BAKKT reached the 40’s it previously saw some support in its current zone. Will it hold up here or even take off back to the $40s? Nobody knows. But regardless of whether it falls back down to the $20s or takes off to the moon, I’m confident it will be higher in 5 or 10 years from now. Like our dividend portfolio, this growth portfolio is all about pacing yourself so try to remember that it’s a marathon and not a sprint.

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