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TCTZF - Project $1M: A Look Forward Into What The Rest Of 2020 May Hold
Tencent Holdings Ltd.
I started Project $1M, a high-growth, buy-and-hold portfolio, in late 2015 with the goal of turning a $275,000 fixed-capital base into $1M by 2025. This write-up is intended to provide an outlook and future view into how the rest of 2020 may impact the portfolio.
Source: Project $1M, Q2 2020, Morningstar.com
The portfolio as it stands today consists of holdings in digital payments through Visa (V) and Mastercard (MA), which make up 25% of the portfolio, digital advertising through Alphabet (GOOG, GOOGL), Facebook (FB), Baidu (