Build Your GenWealth Stock Portfolio in 3 Simple Steps
3 minutes, 36 seconds read:
One hobby of mine gave me an edge in the investing world.
Gardening.
In my spare time, I keep a flower garden.
To grow a healthy flower garden, there are three essential steps that I follow:
- Prepare the soil by tilling and weeding the ground.
- Choose and sow the right seeds and plants.
- Maintain the soil and plants so they grow to their full potential.
The same three steps are vital for a successful generational wealth investment portfolio.
Preparation, choice, and maintenance are paramount to flourish in the stock market.
That’s why I will tell you exactly how to get started in a special three-part Sweet Money Daily series titled “How to Build Your GenWealth Portfolio in 3 Simple Steps.” I invite you to take the journey with me.
Starting today, I’ll share how you can position an investment portfolio to reach its fullest and most profitable potential … starting with step one: preparation.
So, let’s dive right in.
Grow a Booming GenWealth Stock Portfolio
Step 1: Preparation
The first step, preparation, is vital.
Here at Sweet Money Daily, our theme is recommending stocks driving the 21st century forward.
Our stock recommendations aim to help create generational wealth for subscribers.
We call this wealth-building concept GenWealth Power.
When we have power, we are nearly unstoppable.
Power over our investing future gives us opportunity, security, and legacy.
- Opportunity for Education and Advancement
- Financial Security for Future Generations
- Preserving Family Legacy
GenWealth power is the guiding principle behind our monthly financial newsletter, The GenWealth Report.
We want to give readers the power to build an investment portfolio that produces gains that can fuel generations.
To fulfill these guiding principles, The GenWealth Report focuses on the future.
This is a future driven by mega trendsetter stock investments.
Mega trendsetter stocks, or “mega trend” stocks for short, are companies whose products or services are at the forefront of major technological and economic shifts.
These stocks tend to benefit from major global trends and have the potential to lead and shape the future.
Think level 1.0 versus level 2.0 innovations.
Here are examples of level 2.0 mega trend stock innovations:
- Artificial Intelligence in everyday life
- Digital transformation & cloud computing in business
- E-commerce & digital payments in shopping
- Fintech disruptors in banking
- Healthcare & biotechnology pioneers in quality of life
- Innovative technology leaders in the industry revolution
- Renewable energy for sustainability
- Space exploration and commercialization for human expansion
These mega trendsetter stocks have the power to change and improve existing norms and technologies for the better.
These mega trends are companies set to shape our future.
And The GenWealth Report is squarely focused on the future.
Your future and your future generations.
Right now, a tremendous technological paradigm shift is happening.
We are transitioning from the level 1.0 industrial world to a level 2.0 technologically driven society.
What this means is that 2.0 is always bigger and better than 1.0.
Think of Facebook overtaking Myspace or Google zooming past Altavista.
GenWealth power encompasses the future of technology.
These new level 2.0 technologies sprout from the select mega trends we follow:
So, to prepare your portfolio, you first have to weed out level 1.0 stocks. This will allow you to take full advantage of the companies in these mega trends.
Just like in my flower garden, if I don’t pull weeds regularly, they will overtake the garden and stunt its growth.
Weeds are simply plants growing in the wrong place.
So, the first step to constructing a viable level 2.0 investment portfolio is to weed out troubled level 1.0 companies.
Spot the Signs and Avoid Level 1.0 Companies
As the next generation of investing unfolds, level 1.0 companies facing financial challenges will soon fade away. New innovations will boom and bloom right over them.
The key to building a portfolio for future stock growth is to rid it of fading level 1.0 companies and sow it with level 2.0 companies within our mega trends.
Remember: Preparation, choice, and maintenance are paramount to having a flourishing level 2.0 investment portfolio.
This three-part series, “How to Build Your GenWealth Portfolio in 3 Simple Steps,” will help you on your path.
I look forward to taking this investment journey together.
Be sure to tune in the coming days for “Part 2: Choice.”
I’ll show you how to spot level 1.0 companies that should be avoided and cleared out of your GenWealth-focused portfolio. I’ll also share the name and ticker of one of the very best level 2.0 exchange-traded funds (ETFs) to buy today.
Until then, please feel free to follow me on X for a regular dose of timely investment information and to keep up with the future of stocks.
You may find me @InvestWithAmber
Until next time, keep investing!
Amber Lancaster
Editor, The GenWealth Report
Disclaimer: We will not track any recommendations in Sweet Money Daily. We are just sharing our opinions, not advice. If you want access to the stocks in our model portfolio with tracking, updates, and buy/sell guidance, please check out The GenWealth Report.