Introducing the '$10,000 Portfolio' — And Our Opening Trade

I am still getting emails concerning the disclosures at the bottom of my recent articles. I will explain again. Last Friday morning, for those that missed it, I wrote a note to readers.

This is what it said...

"Readers will likely see that I mention both AMD and Intel in this article, yet my disclosure states that I have no equity positions, at least in any vehicle that I manage myself. That is true. That is the result of my divorce settlement and is the reason I was unexpectedly off on Thursday and will be off for most of Friday. I had to liquidate the Sarge-folio so it would stop changing in value and I could carve it up with my ex-spouse who had no interest in simply halving existing positions. The Sarge-folio will begin reconstruction shortly"

It took longer than expected to make the cash created, at least my portion, available to trade or invest. Given the time it takes for trades to settle and the time it takes to transfer cash back and forth, I guess I should not have been too surprised. In moving the dough back to my trading platform, I came up with an idea.

Why not carve out a portfolio that starts out with just $10,000 in cash, aimed at newer investors or those who are just new to investing for themselves. No model portfolio. I will invest that cash in small lots with my own funds and track performance.

Readers can follow for entertainment or do whatever they wish with the information. I tell not a soul what to do. I just tell readers what I do. Your trades are your trades just as my trades are my trades.

Many folks ask what to do with that first $10,000 in investable savings. Most financial pros, including myself, would probably tell a young investor to place those funds in an index fund. But... what to do with that second $10,000 in investable funds? Many folks, especially those who came of age during the pandemic, are likely to try managing at least a portion of their money for themselves.

There will still be a Sarge-folio, but within that larger self-managed book will be a $10,000 portfolio that I will chronicle here at TheStreet Pro and probably do so for the most part, within the "Stocks Under $10" column.

The small size of the portfolio will make it a place where less expensive stocks in terms of per-share price might find a home, but I imagine, that the portfolio may also house, at times, small amounts of stock that may bear a high price now, but have a historical background as members of the old "Stocks Under $10" portfolio from our old "Real Money Pro" days.

With all that said, and without further ado.... on with the show.

Opening Trade

In what will probably surprise absolutely nobody, my opening trade of the new "$10,000 Portfolio" will be a purchase of 100 shares of SoFi Technologies (SOFI) at or close to the last sale of $16.95, where it was trading ahead of the opening bell.

This is the same SOFI that was recently the subject of a short attack by Muddy Waters Research and the same SOFI that I made my stock of 2026 in late December. This should leave a rough $8,300 in cash inside the portfolio for now.

Price Target: $29 (reiteration)

Pivot: $19.50

Panic: Loss of 14 level (resistance from spring 2025)

I will execute my trade after this piece is public information.

At the time of publication, Guilfoyle had no positions in any securities mentioned.