You’re Running a Mutual Fund Right Now. You Just Don’t Know It.
Before we build anything, we need to be honest about what you’re actually working with.
Most portfolios didn’t get built on purpose. A tip from a coworker here. Something from Reddit there. A fund your 401k picked for you. An IPO you bought because everyone was talking about it.
That’s not a strategy. And when you own 15 to 20 random positions with no system behind any of them, you are running a mutual fund. Except yours has no manager, no strategy, and no benchmark.
Watch the video above to see exactly what this means and why it matters.
Your homework: Write down every position you currently own. 401k, brokerage, Roth IRA, all of it. Just make the list. You can’t grade what you can’t see.
Your Action Step:
Download the 1-to-4 PDF below. Read all four grades. Then pick three stocks you own and try to assign each one a number. Do not overthink it. Trust your gut for now. We sharpen it in the next lesson.
Next: Lesson 2 — Every Month You Hold a Losing Stock, This Is What It Costs You.
Questions? Drop them in the Discord: Join the Good Kids Trading Discord Server!