Positions in Wealth Builder

Now that Wealth Builder is up I’d like to explain the positions in the portfolios. There are 4 portfolios, the 5 Star Trading Portfolio, the Pillar of Strength Portfolio, the Double Dipping Portfolio and the Stock Alternative Portfolio.

You can read about each portfolio and the types of positions each one will hold at My Wealth Building Strategy. Below are the positions each portfolio is holding now.

5 Star Trading Portfolio

This portfolio is holding 2 positions, Marvell (MRVL and Huami (HMI). Marvell has been in since 12/13/19. On the Wealth Builder page there is a report about Marvell on why I like the stock.

Huami was just bought on 1/4/21. I’ll be writing a report on this stock very soon. I believe both of these stocks will do very well.

Pillar of Strength Portfolio

The stocks in this portfolio are the best of the best. I plan on holding for a long time. Right now I’m holding 5 positions. Here are the stocks and when I purchased them. Walmart (WMT) – 10/10/17, Amazon (AMZN) – 10/26/17, Microsoft (MSFT) – 12/3/19, Alphabet Class C (GOOG) – 3/30/20 and Apple (AAPL) – 9/15/20.

Double Dipping Portfolio 

This portfolio holds 2 positions. Both are great companies and pay a nice dividend. I bought Exxon Mobil (XOM) on 1/15.21 at $48. At this price the dividend yield is 7.25%.

I bought Altria (MO) on 1/22/21 at $41.90. At this price the dividend yield is 8.2%.

I started each position with 500 shares. Dividends will be paid in shares. Also I’ll be selling Call and shares will be bought with the premium. So far I sold 5 Calls of each and bought shares with the premium. With Exxon Mobil I bought 5 shares and I now have 505 Shares. And with Altria I bought 4 shares with the premium. I now have 504 shares of Altria. I will continue to sell Calls with positions trying not to get assigned. If I get assigned I will not deliver the stock, I’ll do a Roll-out. I’ll be getting paid dividend shares on my original shares, my shares bought with premiums and shares received as dividends. My shares count will grow without investing any more capital.

Stock Alternative Portfolio

This portfolio will hold LEAPS options. This portfolio is holding 1 position. This position I bought on 8/3/20. It’s 4 contracts of AAPL 6/17/22 $110.00 Calls.

I will be adding to all of these portfolios as I see positions that are worthy.

If you have any questions on Wealth Builder send me an email.

Successful trading,

Steve

The Options Coach