Risk Disclaimer

The positions in this portfolio are incredibly risky and extremely volatile.

No one at Get Irked is a professional financial adviser (or a doctor), so consult with your own financial adviser to see if any of these positions fit your risk profile (and stomach).

Palantir Tech (PLTR)

Following a number of analyst downgrades highlighting potential challenges, black-box tech company Palantir Technology (PLTR) can’t catch a break. Despite a week that saw every other position in this portfolio make at least some gains, PLTR lost -0.68%, landing itself the spot of the Week’s Biggest Loser.

Every Little Bit Helps: Dividend Reinvesting 

Even in a speculative portfolio, dividend reinvesting can help take the edge off of waiting patiently for an investment to make its next move. Over the past few weeks, the Speculation in Play portfolio received dividends from a number of its positions: Chevron (CVX) (this position is reflected in the Cash position as it is no longer actively traded), Tradeweb Markets (TW), and Wendy’s (WEN).

Even though these dividends may be small, reinvesting them in the position increases the position size, decreases the per-share cost, and compounds the dividend payout the next time since dividends will be paid next time on the dividend amounts earned this time.

For me, I find dividends to provide solace in down markets where, despite bearish trends, positions can still provide some return, no matter how small. Additionally, when I’m being particularly conservative and unwilling to put money to work, by reinvesting dividends instead of taking the cash payout, I feel like I’m still putting money to work but not needing to make the conscious decision to do so.

While I don’t ever select an investment solely for its dividend, having a dividend-returning stock can definitely ease bearish pains in both short- and long-term portfolio investing.

Have a Happy Holidays, everyone!