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The thing about reaching for the stars is not just the desire, but the discipline and patience to stick with the strategy. If the investor profile for a portfolio such as The Young And Restless, strays from the ultimate goal of becoming very wealthy, the strategy will be thrown off track and investors will become confused.

Several weeks ago I gave an update (click here) on the performance of the our aggressive portfolio. Thus far the results have been impressive, and I believe will continue on the road of outperforming the markets, with the goal of hitting high notes more quickly for those willing to take the obvious risks.

The "Young and Restless" portfolio consists of BlackBerry (NASDAQ:BBRY) , Amazon (AMZN), Google (GOOG), Facebook (FB), Yahoo (YHOO), Achillion (ACHN), and Zynga (ZNGA).

Remember The Investor Profile For This Portfolio

This is how it began:

Our young investor is between the ages of 21 and 25 and fresh out of whatever educational institution they attended. It could have been college, trade schools, or even their first job to cut their teeth on.

Now they are ensconced in a well paying job, career, or entrepreneurial enterprise with a very bright future ahead of them. Probably lasting for the next 35-45 years.

Their income level is strong and they have just begun socking away the maximum amount of money allowed into all the tax deferred savings plans available, and are well on their way towards saving another 10-20% outside of those plans.

These investors are off to a great start.

Recently, they inherited a bunch of money from a long lost Uncle and have money to invest with. Normally, I would say let's start the dividend investment strategy now so you can create wealth for the long haul.

Not today.

Today I will focus on the possibility of creating enormous wealth. If there was one time in investors' life that I think they should give this a shot, it would be under the circumstances I have outlined above.

There are plenty of folks who fit the profile in their 30's as well, but the point remains the same; risk vs reward with the potential to become wealthy.

Recently, I wrote about BlackBerry being the catalyst of the portfolio, and today I am going to point out 2 other holdings that require patience; Achillion and Zynga .

The Upside Outweighs The Downside

ACHN is a tiny bio-pharmaceutical company that has a myriad of drugs in various stages of clinical trials, to literally cure hepatitis C. A lofty goal with plenty of participants. The market is between $20-$30 BILLION in size, and ACHN is the smallest puppy of the litter, but it does have an arsenal that makes it a bigger dog than most folks think.

I just wrote this article, in which I provided updated information on the progress being made by ACHN and I urge all of the followers of The Young And Restless Portfolio to review that article.

The company could be on the precipice of heading into phase III trials with 2 of the drugs showing terrific promise: ACH-1625 and ACH-3102.

In the next few weeks, the company will be giving keynote updates at some very important conferences:

  • Bank of America Merrill Lynch 2013 Health Care Conference on Wednesday, May 15, 2013 at 3:00 p.m. PT at the Encore at the Wynn in Las Vegas, NV;
  • UBS Global Healthcare Conference on Tuesday, May 21, 2013 at 3:30 p.m. ET at the Sheraton New York Hotel in New York, NY;
  • Deutsche Bank 38th Annual dbAccess Health Care Conference on Thursday, May 30, 2013 at 2:10 p.m. ET at The Westin Boston Waterfront Hotel in Boston, MA.

The progress should be positive (from what has been reported thus far) and the share price has dropped below our 2 entry points. I believe it is very attractive right now to either open a position, or add to one, if you have not done so already. Otherwise, I would HOLD this stock until at least the 3rd and 4th quarters of 2013.

ZNGA is another stock that has not "blossomed" yet.

(click to enlarge)

I believe we need to have patience with this company as well. Keep in mind that Zynga has just started playing in the real money gaming business in the U.K., and it is much too early to abandon the stock. Not that there has been any rush to the exits, but there has been some conflicting news surrounding the company.

Of particular interest was the rumored takeover of ZNGA by Baidu which was very quickly denied by Baidu in an "urgent" press release. The funny thing is that when you visit the site that announces these "urgent" press releases, the PR cannot be found, anywhere.

When googling the story, all I found was an empty page. Click on that link and try to find the denial, anywhere. I couldn't, but that does not mean that the sale of Zynga is imminent, or does it? Curious to say the least.

For all intents and purposes, the rumor was bogus, as noted in this article by TechCrunch. Does it mean anything that we just cannot find the press release from Baidu?

For my purposes, I want to focus on the potential for future revenues and earnings from the real money gaming business, both abroad, and here in the USA. The immediate results are unknown and it will take time to evolve, but there does seem to be some interesting call option buying of late with the January 2014, $2.00 strike price being the big mover.

I find it interesting because ZNGA also has a very large short interest as well:

Short interest in the San Francisco-based online social games operator jumped more than 25 percent to 33.43 million shares. That was the highest level of short interest since last June. The number of shares sold short represents about six percent of the float. But days to cover is about one.

With Zynga, I will remind everyone that while this stock is also a high risk play, the potential for reward is strong, as I outlined in-depth in this article.

I will just offer this chart showing the continuous growth in the mobile real money gaming business.

The share price of ZNGA has fluttered between $3.00-$3.50 for a few months now, and we are in at around the $3.00 area. The share price as of now is compelling to open a risk position to sit tight and let the business "blossom".

I believe the risk/reward is very compelling.

My Opinion

The portfolio has some strong "horses" in the race. Both ACHN and ZNGA are certainly not the favorites to win, but just as any horse in the Kentucky Derby can win the race, so can any stock be the one make us prosper.

The stocks are high risk and high reward, so please do not bet the farm or the ranch. Remain prudent and patient, and let's see what develops.

Disclaimer: The opinions of the author of this article is not a recommendation to either buy or sell any security. Please remember to do your own research before making any investment decisions.

Source: The Young And Restless Retirement Portfolio: Stay The Course