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Showing posts from May, 2020

Week #5 STASH Account

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May 26, 2020 $100 deposit today. I put it all in Mastercard. _________________________________________________________________________________ May 27, 2020 Sold Realty Income today. Will repurchase Friday. _________________________________________________________________________________ May 28, 2020 Hit my target on another one today. Took profits, and waiting for funds to settle, then will repurchase and compound those gains. ___________________________________________________________________________________ May 29, 2020 Friday close/holdings/week's gain Last Friday's close was $1513.05. Not counting my $100 deposit this week's total gain is $37.48.  CLICK HERE   to see my progress so far! CLICK the Feather to learn more about Robinhood CLICK on STASH to learn more about STASH The Book You Need!

Week #5 Robinhood Account

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May 26, 2020 Sold a few today. Triggers for a few of my dividend stocks hit automatically. I took profits on LOW at around 5%. Friday close was $2666.64 ______________________________________________________ May 27, 2020 Crazy drop and recover today! ANGL hit it's trigger today and sold for profit. ________________________________________________________________________ May 28, 2020 Took profits on MA today. Came so close to hitting some targets today, but it didn't quite happen. It is nearly 1am here as I am writing this and the futures are currently down. We'll see how Friday goes. __________________________________________________________________________ May 29, 2020 Friday close/holdings/week's gain Last Friday's close was $2666.64. Total gain for the week is $85.23.

But You Must Be Disciplined

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So today Dave Ramsey released a video on Facebook where he gives a rather negative perspective on using apps like Robinhood and STASH as well as others. You can view the video here if you'd like.  I have to admit that I nearly always agree with Dave on some level. As a matter of fact I can even find common ground with him on this topic. Make no mistake, I am not saying that I think he is 100% correct on this matter, but understanding his stance on saving and investing helps you to properly put his view into perspective.  Dave deals with many people on a day to day basis that are in very tough financial circumstances. There are diverse reasons why they have gotten where they are, and in one form or fashion it will ultimately boil down to mismanagement of money. That being said Dave knows the personality he is dealing with in the people who are calling his show for advice. One thing you cannot do is advise someone who is quite possibly feeling desperate to go out and begin ...

Month #1 Robinhood Account Results

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Month #1 Is A Success If you would like to go back to the beginning of my trading you can CLICK HERE and go back to the beginning of my journey to see the starting point. Basically I started with roughly $2500 dollars in this account. I have not added to this account or subtracted to it since starting this particular blog.  Some things to keep in mind when looking at the numbers in the image below, they are accurate, but not in terms of when I started tracking the account growth in this blog. You see I started this blog in the middle of a week therefore my account was actually a little lower a full four weeks prior. This accounts for the number being off, but I wanted to do this first month wrap-up anyway so that the schedule works out correctly from this point forward. Actual numbers from when I started at about $2500 are a gain of approximately $166 or up 6.67%. Not too bad for three weeks and a couple of days, remember though, we are learning to take babysteps. It's a...

Week #4 Robinhood Account Activity

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MAY 18, 2020 Last Friday's close was $2536.91 Today's close was $2640.44 Some of my holdings triggered their 3% targets. They are EMLC, MDIV, SPXL, and POOL. When I woke up this morning the futures were all looking great, and V had jumped up to over my 3% goal. By the time pre-market trading started it was up to 4% green in my account. I decided to do a 2% trailing stop just to see what would happen. Somewhere around 5.75% up I decided to set a limit sell at 6%. I triggered around noon.  All of those earnings went into QQQ, and I'll be buying more as they become available. I also bought PYPL (1 share only) just because I felt I could make a quick turnaround on it. It doesn't look like it will be quick though lol. I did manage to achieve my next babystep, you can CLICK HERE  to check it out. _______________________________________________________ May 19, 2020 No quick profit-taking on PYPL as I planned.  Robinhood finally has made fractional shares a...

Week #4 STASH Account Activity

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MAY 18, 2020 Friday's close was $1378.01 Up a bit today. Check back tomorrow. _________________________________________________________________________________ MAY 19, 2020 So today I decided to change things up a bit. I sold Match The Market and decided to add Mastercard in its place. I like the things that Mastercard is doing to adjust to the future marketplace demands that the China Virus is causing. Of course, as soon as I buy the stock it decides to take a dive. Oh well, I'm here for the long haul.  _________________________________________________________________________________ MAY 20, 2020 _________________________________________________________________________________ MAY 21, 2020 _________________________________________________________________________________ MAY 22, 2020 _________________________________________________________________________________ CLICK HERE   to see my progress so fa...