Good Friday afternoon everybody! It is time for the weekend update. I know its not Sunday, but I actually had some time today to get this done.
So first lets take a look at my Monday stock purchases using my regular weekly transfer to my STASH account of $40:
- Take-two Interactive added $5
- Marathon Petroleum added $5
- ConocoPhillips added $5
- AT&T added $5
- Kraft Hienz added $5
- The Walt Disney Company added $5
- Sunoco added $5
- Ford added $5
Remember, all I am doing is investing in every company that STASH offers, and keeping the amount invested in each the same as each other investment. In other words in the beginning of this project I began purchasing only $5 of each stock and ETF STASH offers. I did this with my $40 per week deposit. It took some time to purchase all 200 companies, but I did. I actually used some extra money one week that I had taken from another savings account. Now, I am working on adding the next level of investment funds each week to my investments. I am bringing each investment up to $10. So all of the above companies listed are now at $10 each for their “amount invested” as it reads on the app.
Now, last Friday I had only a few investments that met my selling requirements. As mentioned before it takes two to three business days for the funds to settle up and be available for reinvesting. The investments listed below are the stocks I sold the previous Friday, and I rebuy them at the original amount I had invested in them. In other words if I had $5 invested, sold for $5.76, I am only investing the original $5 back into that particular stock. The leftover money is saved in my account until it accumulates to $5 with other sales at which point I invest it in the stock on my list that has the biggest loss AND that needs to be brought up to the current “amount invested” level. Here is the list of rebuys that I made on Tuesday:
- Snap $5
- Chipotle $5
- Expedia $5
- Diageo $5
With those four sales and their profits I ended up with an extra $5 left over. I went to my portfolio and found my stock with the biggest losses that had not yet been brought up to the $10 level yet. Royal Caribbean Cruises was sitting there with only $5 in it, so it got $5 of EARNED MONEY added to it, leaving it at $10 “amount invested”. Just to kinda show you how this is working, Royal Caribbean Cruises (ticker symbol RCL) is up 1.6% since Monday. That means that my investment is also starting to come up.
I know for some readers who have been investing for years this may seem very simplistic. You’re right, it is. I am not doing this for seasoned investors. I am doing this to help show people who have never invested just how simple it is, and that by following simple principles and trading rules that you can actually pile up tremendous wealth long term. You just have to get started.
And finally, here are the end-of-day screen shots of my portfolio for each day this week:
Well there you have it, up $28 for the week on a very small investment account, and without spending any time doing research on companies or watching charts all day. Sure, this is entry level stuff, but you do need to start somewhere. Join STASH and get your feet wet. Go ahead and get started, then you can build your investment account while you are learning the secrets of investing like the pro’s. Get started today and you get $5 just for joining!