Good morning investors!

Every month we publish our “Portfolio Update” — Edge+ members get a full access look into our portfolios, including holdings, performance, activity and our watchlists for the upcoming month.

Let’s dive in.

Portfolio Update - Mark

For those new here, IE+ subscribers get full access to my monthly dividend portfolio updates, which includes:

• Portfolio Snapshot

• Portfolio Performance

• Stock Purchases

• Stock Sells

• Watchlist

*Note - this is the ONLY place where people can find our entire portfolios.

Portfolio Snapshot

As of the end of September 2024, my portfolio contained 51 total positions, a net gain of 2 positions from the prior month.

You can see all the portfolio activity down below, but first, here is a snapshot of my entire portfolio:

Portfolio Performance

In this section, I will highlight the performance of the portfolio both on a MONTHLY and Year-To-Date basis.

For comparison, here is how the benchmark S&P 500 did during those same time frames:

And here is how the equal weighted S&P 500 performed:

The portfolio saw its fifth consecutive monthly gain in a row, meaning now April has been the ONLY losing month of the year for this portfolio. In terms of total return, we are sitting neck and neck with the S&P 500 and easily outperforming the equal weight S&P 500.

The broadening in the market has been noticeable, and things look a little healthier rather than having just the core Mag7 stocks pulling all the weight. Many of the Mag7 stocks are still performing quite well, but they have slowed meaningfully, and that is completely normal and expected by many.

As we now enter the fourth quarter, which is historically the strongest quarter for the market, we are going to see some opportunities in October, which is historically the most volatile month. Overall, I expect a solid Q4 for the markets and you will see me begin to position my portfolio for that this month.

I have already been putting money to work here in October, which those of you Edge+ members that are in our discord, you get TRADE ALERTS for in real time. If you are not yet connected to the discord, make sure you take advantage of that as it is a major perk for Edge+ members.

Monthly Activity

In this section, I detail out any transactions that were made within the portfolio during the month.

Portfolio Update - Chris

Every month, Investor’s Edge+ members get updates to my individual brokerage portfolio, which includes:

• Portfolio Snapshot

• Portfolio Performance

• Stock Purchases

• Stock Sells

• Watchlist

*Note - this update ONLY includes my brokerage portfolio. Retirement accounts, cryptocurrency, real estate and cash/cash equivalents outside of the brokerage are excluded from this update.

Portfolio Snapshot

As of the end of September 2024, my brokerage portfolio contained 57 total positions — 56 stock holdings and 1 options contract.

Here is a snapshot of my portfolio:

Portfolio Performance

In this section, I will highlight the performance of my portfolio in September as well as for the full year.

For comparison, here is how the benchmark S&P 500 did during those same time frames:

And here is how the equal weighted S&P 500 performed:

It was a very solid month as the portfolio increased over 4%.

Since seeing that correction in July/August, MAG7 has been underperforming the overall market. The S&P 500 has made new all-time highs while MAGS, an ETF that tracks the MAG7, is still trading 6% below its highs.

Several of the largest weighted names in my portfolio, including Alibaba, Uber, Shopify, Enbridge, and Home Depot, saw double-digit percentage increases over that time.

As I’ve been stressing, this is why it is important to have a balanced portfolio, remain patient and stick to the long term strategy. And despite largely underperforming earlier in the year, my portfolio has outperformed the last 2 months.

Going forward, my thesis remains. I believe MAG7 will continue to underperform the overall market over the next few weeks. We will continue to see a rotation and I actually think markets might even hold up until the election.

I’m still not fully comfortable and have a small hedge in place just in case. I do think volatility returns into year end but I’ll get more into that below.

Monthly Activity

In this section, I will go through the transactions that were made within the portfolio during the month.

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And did you know we started an Edge+ Portfolio where we invest $250 per month to show you exactly how we would build a portfolio from scratch. You can follow along and build your portfolio with us!

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Closing Remarks

If you have been following us for any amount of time now, you can see the hardwork we put into not only this newsletter, but our personal portfolio. Chris and I are constantly looking for an edge in the market, whether its from a technical perspective or fundamental, and we bring that information directly to you.

Our portfolios are designed to create lasting wealth. We are less focused on the day to day movements of our portfolio and instead, we are looking to position ourselves for the long-term and help you along the way.

As we enter the final quarter of the year, we will be laser focused on not only bringing you the best content around, but also some great stock moves to continue our streak of beating the S&P 500 returns.

As always, continue to perform your due diligence ahead of time so you are ready when opportunities present themselves.

We will continue to look for new ideas in the market and bring you as much information as we can to give you an EDGE in the markets.

If you enjoyed this Monthly Portfolio Update, then do us a HUGE FAVOR and SHARE THE INVESTOR’S EDGE WITH FRIENDS AND FAMILY. It’s the best way to help us out as it lets us grow and be able to keep bringing you great investment content.

And don’t forget to LEAVE A COMMENT. Let us know your thoughts on our portfolios, share your watchlist for the month or even just let us know that you appreciate the content.

Thank you, and until next time investors!

Mark & Chris

The Investor’s Edge

Disclaimer

This article is intended to be for educational and informational purposes only. The views described in the article are those of the author’s and should not be construed as financial advice. Perform your own due diligence or contact your Financial Advisor before making any financial investment. I have positions in all of the stocks & ETFs mentioned below as of the publish date. This is a disclosure - not a recommendation to buy or sell stocks.