June 3, 2022

Get Irked - Investments in Play - June 3, 2022

Click above image for larger version

The Week’s Biggest Winner & Loser

Salesforce (CRM)

No matter how well Salesforce (CRM) outperforms quarter after quarter, analysts always underestimate it going into earnings. Well, Salesforce (CRM) outperformed once more this week, reporting an outstanding blowout earnings report. The result? CRM popped +12.00% and earned itself the spot of the Week’s Biggest Winner.

Canopy Growth Corp (CGC)

Legislation to legalize recreational cannabis  on the Federal level just can’t get any traction in Congress, and it showed in the sector this week. Canopy Growth Corporation (CGC) sold off with the rest of the industry, dropping -11.48% and swinging in as the Biggest Loser in the portfolio.

Portfolio Allocation

Click charts for enlarged versions



Target Position Size

Get Irked - Investments in Play - Current Holdings - March 12, 2021et Irked's Pandemic Portfolio Holdings as of June 3, 2022

Click above image for larger version

Portfolio Breakdown

Get Irked - Year-to-Date Performance - Investments in Play vs. Speculation in Play - 2021 Year-to-Date Performance

Click above image for larger version

Year-to-Date Performance

The “Baskets”

The Investments in Play portfolio contains a number of groups of stocks called “baskets.” I use baskets when I want exposure to a certain sector, but I want to use more than one stock to get that exposure without giving each individual stock an allocation.

In this portfolio, there is the Financials Basket which includes stocks that provide the portfolio with exposure to the financial sector which includes money-center banks, credit card companies, and investment management firms.

Additionally, there are two speculative baskets in the portfolio: Old-Spec and New-Spec.

Companies in the Old-Spec basket are ones with long track records where I want to have some exposure in the portfolio but I’m not confident enough to give each a full allocation.

New-Spec companies are typically stocks either new on the scene or representing a fairly new approach or sector, where, like Old-Spec, I want exposure but I don’t want a full allocation of any individual company.

Current Position Performance

Apple (AAPL)


1st Buy 4/18/2013 @ $14.17
Current Per-Share: (-$35.15)*

Nvidia (NVDA)


1st Buy 9/6/2016 @ $15.77
Current Per-Share:  (-$12.60)*

Tesla (TSLA)


1st Buy 3/12/2020 @ $111.30
Current Per-Share: (-$78.43)*

Block (SQ)


1st Buy 8/5/2016 @ $11.10
Current Per-Share: (-$75.05)*

Boeing (BA)


1st Buy 2/14/2012 @ $79.58
Current Per-Share: (-$148.35)*

Nike (NKE)


1st Buy 2/14/2012 @ $26.71
Current Per-Share: (-$6.10)*

Logitech (LOGI)


1st Buy 11/11/2016 @ $24.20
Current Per-Share: $10.95

Skyworks (SWKS)


1st Buy 1/31/2020 @ $113.60
Current Per-Share: (-$33.85)*



1st Buy 7/26/2017 @ $167.29
Current Per-Share: (-$39.57)*

Disney (DIS)


1st Buy 2/14/2012 @ $41.70
Current Per-Share: $36.95

Amazon (AMZN)


1st Buy 2/6/2018 @ $1,382.96
Current Per-Share: $1,184.96

Dow (DOW)


1st Buy 5/13/2019 @ $53.18
Current Per-Share: $33.75

Meta (FB)


1st Buy 9/16/2017 @ $128.58
Current Per-Share: -($295.25)*

JP Morgan (JPM)


1st Buy 10/26/2017 @ $102.30
Current Per-Share: $76.10

Berkshire (BRK.B)


1st Buy 8/2/2019 @ $199.96
Current Per-Share: $182.87

Take Two (TTWO)


1st Buy 10/9/2018 @ $128.40
Current Per-Share: $75.60

Salesforce (CRM)


1st Buy 6/11/2018 @ $134.05
Current Per-Share: $114.75

Dutch Bros (BROS)


1st Buy 9/20/2021 @ $42.25
Current Per-Share: $37.70

Visa (V)


1st Buy 5/9/2022 @ $194.00
Current Per-Share: $193.65

Morgan Stan (MS)


1st Buy 4/25/2022 @ $83.50
Current Per-Share: $81.47

Schwab (SCHW)


1st Buy 4/18/2022 @ $76.30
Current Per-Share: $73.04

Twilio (TWLO)


1st Buy 8/8/2019 @ $125.71
Current Per-Share: $116.70

Canopy (CGC)


1st Buy 5/24/2018 @ $29.53
Current Per-Share: $6.25

Roblox (RLBX)


1st Buy 9/29/2021 @ $77.00
Current Per-Share: $46.10

Rivian (RIVN)


1st Buy 11/12/2021 @ $127.00
Current Per-Share: $59.40

Coinbase (COIN)


1st Buy 4/14/2021 @ $412.47
Current Per-Share: $212.34

* Indicates a position where the capital investment was sold.
Profit % for * positions = Total Profit / Starting Capital Investment

A negative share price indicates the dollar amount of profit for each share currently held.

This Week’s Moves

Canopy Growth Corp (CGC): Added to Position

Canopy Growth Corporation (CGC) and the rest of the recreational cannabis sector continued to come under pressure this week CGC breaking down to new lows not seen in the time it’s been trading on American markets. It triggered my next buy target on Friday which filled at $4.40.

You’ll notice that despite CGC being beneath my cost basis, each buy I make doesn’t substantially increase the allocation of my position. This is because I never buy a full allocation in any position. Instead, I choose to add to my positions as they sell off and then let them grow into a full allocation size. This way, I’m never putting more money on than I’m willing to lose. That’s right, either my thesis in CGC is correct or I will lose all of the money I have in the position because the company will go bankrupt before my thesis that cannabis will legalized on the Federal level comes true.

Risk management is the absolute top priority when it comes to long-term investing.

The buy lowered my per-share cost -5.30% from $6.60 to $6.25, a total price reduction of -79.00% from my first buy at $29.53 on May 24, 2018. From here, my next buy target is $2.90, a price calculated using a combination past price action from CGC’s time trading on the Canadian markets and the Fibonacci Method. My next sell target is $13.00, a price below a key point of past resistance.

CGC closed the week at $4.32, down -1.82% from where I added on Friday.

Schwab (SCHW): Dividend Reinvesting

Dividends may not be the most glamorous part of investing (and they might show exactly how slow the action has been in the markets lately) but reinvesting dividends and compounded interest can be key parts of building wealth over the long term, no doubt.

Schwab (SCHW) paid out its quarterly dividend on Tuesday, which, after reinvestment, brought my per-share cost down -0.29% from $73.25. Sure, it’s not exciting, but given I’ve held the position for only a little over a month, that’s definitely better than nothing.

From here, my next buy price target for SCHW is $56.30, a past point of support that coincides with Fibonacci Methodology, and my next sell target is $92.70, just under its the high of its most recent bull rally.

Visa (V): Dividend Reinvesting

This week must have been Dividend Season for the financials as Visa (V) paid out its quarterly dividend on Thursday. The reinvested dividend lowered my per-share cost -0.18% from $194.00 to $193.65.

Accordingly, I adjusted my buy price target to $179.55, above a past point of support, and I have no sell targets for the position currently as I haven’t been able to build it as much as I would like.

Want Further Clarification?

As always, if you have questions about any of my positions or have positions of your own that you’re curious about – feel free to leave a comment below!

See you next week!

Don't get mad, Get Irked and learn how to invest for yourself!


Get Irked is a small community made up of helpful, friendly and motivated investors and traders of all levels looking to reach the same goal – the ability to invest profitably in order to achieve financial independence.

Investors of ALL experience levels are welcome.

Join Get Irked by clicking here!

Disclaimer: Eric “Irk” Jacobson and all other Get Irked contributors are not investment or financial advisers. All strategies, trading ideas, and other information presented comes from non-professional, amateur investors and traders sharing techniques and ideas for general information purposes. As always, all individuals should consult their financial advisers to determine if an investing idea is right for them. All investing comes with levels of risk with some ideas and strategies carrying more risk than others. As an individual investor, you are accountable for assessing all risk to determine if the strategy or idea fits with your investment style. All information on Get Irked is presented for educational and informational purposes only.