Are you looking for some stocks to add to my Stash Invest portfolio? If so, let’s take a glance at my current holdings in my Stash Invest Account.
My current investment strategy is to hold no more than 5 stocks to make it easier for me to track my investments, keep up with earnings, listen to quarterly conference calls, etc.
Paypal was the first stock I added to my Stash app portfolio because I use the company every day and could not imagine life without it. My online business depends on Paypal to receive payments from clients and pay for my monthly expenses.
Amazon is another company poised to benefit from the “Retail Apocalpoyse” because more consumers are making purchases online. Thousands of stores are closing in the USA every year due to the power of Amazon. I think owning a portion of Amazon makes a lot of sense because I personally subscribe to their Amazon Kindle Unlimited and use their services a lot.
I’m bullish on digital payment stocks in the long term and Mastercard is a strong player in the growing credit card processing & digital payments industry. Revenue and net income continues to grow while total transaction volume remains positive. Apple partnered with Mastercard to provide credit card processing services for their upcoming Apple Card, which is another good reason to like Mastercard stock.
An alternative to Mastercard is Visa but I happen to currently own both stocks right now. I’ll eventually sell one of the positions but am happy to own both at the moment.
I earn most of my income online and travel a lot during the year so I know just how important sites like Booking.com and Agoda are to my wellbeing. AirBNB is a great option but I’ve found the Booking’s network of sites to be a lot cheaper than AirBNB. Whenever I travel to a new city, I use their sites to stay in affordable hotel rooms or cheap hostels and notice how much their fees add up. This is a pure play on the growing travel industry.