Today Is the last day of the Year and I am doing my investing recap.
My Investment Recap 2024: From Blockchain Maverick to Stock Market Strategist
2024 was a turning point for me as an investor. This year, I expanded my horizons, trading some of the high-octane drama of crypto for the steady (and sometimes dull) world of traditional markets. Don’t get me wrong—blockchain projects still have my heart, but it was time to diversify and add a layer of stability to my portfolio. Here's the story of how I balanced growth, risk, and curiosity over the past year.
Dipping My Toes into Traditional Markets
I started cautiously, aiming for companies with strong fundamentals. Stocks were uncharted territory for me, but the potential for long-term gains was too enticing to ignore. My early picks were a mix of safe bets and calculated risks:
Booking Holdings: The travel rebound was obvious, and Booking was poised to capitalize. A boring choice? Maybe. But boring often pays off in the stock market.
Realty Income: Monthly dividends? Say no more. Realty Income turned out to be a gateway drug into the world of REITs. Stable, predictable, and perfect for adding a consistent income stream to my portfolio.
Riding the Energy Wave
Energy stocks dominated headlines in 2024, and I couldn’t resist jumping on the bandwagon. With geopolitical tensions driving up oil prices, this sector became one of the year’s most lucrative:
ExxonMobil and Chevron: The ultimate powerhouses in oil and gas. They were the backbone of my energy strategy, offering a mix of reliability and growth potential.
Oil Wars and Investment Opportunities: Timing was everything here. With market swings creating buying opportunities, I made some timely entries that paid off handsomely.
Big Brands, Big Moves
It wouldn’t be a proper portfolio without a few well established names. These companies brought a mix of steady returns and volatility to keep things interesting:
Coca-Cola: A classic choice. Coca-Cola isn’t going anywhere, and that’s exactly why it’s in my portfolio. A dividend-paying juggernaut with global appeal.
Tesla: Love it or hate it, Tesla is a rollercoaster worth riding. Sure, it’s volatile, but its potential for innovation is unmatched and Elon is the US Co-President.
McDonald’s: Okay, this one didn’t go as planned. Timing wasn’t on my side, but hey, every portfolio needs a loss.
Balancing Innovation and Stability
The key theme for 2024 was diversification. I embraced a multi-asset approach, blending stocks, crypto, and real-world innovations to create a portfolio that felt both exciting and secure:
Diversifying My Portfolio: Spreading risk across different sectors and assets was my guiding principle this year. It’s not glamorous, but it works.
ETH, Solana, Spotify, and Visa: This mix reflects my strategy perfectly. From Ethereum’s dominance in DeFi to Visa’s steady cash flow, each pick had a clear role to play.
Betting on the Unconventional
Every now and then, I took a leap of faith on some wild cards. These investments didn’t fit neatly into a category but sparked enough curiosity to earn a spot in my portfolio:
Travala: A blockchain-powered travel platform? Sign me up.
[Ethena] (https://inleo.io/@steemychicken1/ethena): Stablecoins with a decentralized twist. It’s still early days with no real bear market testing , but the potential here is huge.
Ondo Finance: Bridging the gap between DeFi and traditional finance. This could be a game-changer if it delivers on its promise.
Reflections on the Year
2024 was a learning curve, to say the least. Moving into stocks taught me patience and the value of long-term thinking, while blockchain kept my portfolio spicy just like riding a roller coaster. The big takeaway? Balance is everything.
I am trying to built a portfolio that feels resilient and adaptable. Here’s to making smarter, bolder moves in 2025.
Posted Using InLeo Alpha