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How I'm positioning the Opportunistic and Adventurous portfolio

By John Linnemeier

In 2013, the Covestor Opportunistic and Adventurous portfolio had a good year.

I sold part of my position in 3D Systems (DDD). In my opinion, the company has the potential to remake the face of manufacturing globally. On the other hand, I’ve seen some other investing possibilities, and that made getting a little more diversification into the mix easier for me.

I’ve taken a fairly strong position in Medical Marijuana (MJNA). It’s one of the few listed companies which stand to profit by what I believe and hope will be the continual, state-by-state legalization of marijuana for recreational use.

I’m also holding shares in Cheniere Energy (LNG). The company is involved in the liquefaction of natural gas, which will then be shipped to Asian markets, where the price of natural gas is several times what it is here in the States.

Fracking is, in my opinion, a small and manageable risk. It’s also far cleaner than coal or gasoline. I realize a lot of people disagree with me, but frankly I think they’re not doing the math. I’ll never invest my money in anything that I believe doesn’t lead to the greater good.

My final holding is in Inovio Pharmaceuticals (INO). I have no way of knowing this for sure, but the company has interesting products in the pipeline.

I’m cautiously optimistic for the market, as a whole, despite the fact that PE ratios are higher than I might like. I believe that we’re at the beginning of a technological juggernaut that is absolutely without precedent. That, plus the fact that it looks like the Fed is going to keep money cheap, bodes well for the market.

DISCLAIMER: The investments discussed are held in client accounts as of December 31, 2013. These investments may or may not be currently held in client accounts. The reader should not assume that any investments identified were or will be profitable or that any investment recommendations or investment decisions we make in the future will be profitable. Investments in securities of small-cap and growth companies may be especially volatile. Diversification does not guarantee profit or protect against loss. Past performance is no guarantee of future results.
John Linnemeier

John Linnemeier

I'm a writer. The book "How an Average Man Lived an Adventurous Life" is my autobiography. I've spent much of

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