Well it is the end of week 3 and things are going great! I know that those of you who do not know me personally may not understand how big of a deal that is. You see, for my entire life I have always had the kind of metabolism that would melt the weight right off of me if I just tried a little bit. I actually lost 30 pounds in a month about 5 years ago. Its is amazing to me how things can change so quickly. While I was still using the weight loss supplement that I was taking at the time I lost the 30 pounds in a month I suddenly quit losing weight for seemingly no reason. I could not lose one pound in a month. What happened? Though I’m not entirely certain, I think the thing that happened was that my 45 year old body decided to change. My metabolism slowed down.
I eventually gave up for a time. Kind of a long time. At least a few years. Then, as my weight started creeping back up I decided to try another weight loss supplement. Many people in my local area were having great success with this product. So, not knowing what was actually going on in my body, I took these products a few months and once again….no weight loss.
Again I gave up. I really had decided to give up forever. Not a good place to be. Less than two years after making that decision my weight climbed to 355 pounds. Thats right, at the age of 50 I weighed in at 355 pounds. So I started researching different options. This may be my last time of trying to get my health and weight under control. I am excited to say that I AM DOING THIS! I AM ACTUALLY LOSING WEIGHT!!! I found something I can do, and it is actually working for me. I needed to tell you the background so that you would understand why I am excited about the weight loss I have experienced for the last 3 weeks.
So, yesterday I turned 51 years old but 10 pounds lighter! YAY! Lol.
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:
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!
Seldom, if ever has a nutrition book kept my attention until the very end. Hats off to Dr John McDougall for accomplishing this feat.
Forget most of what you have been taught about health, nutrition, and losing weight. Granted this is not necessarily a stand alone weight loss book, but once you get the nutrition in order the weight loss will just come off naturally.
But weight loss is ONLY a side benefit. When overall health and longevity are your true goals then what is taught in this book becomes medicine, not a diet.
This book flies in the face of everything I personally have been taught about nutrition. I have been following the advice given in this book for the last few weeks(as of this writing), and have not felt this good in many many years. Already I have seen weight loss, more energy, restful sleep (this is huge as I have not slept good in a few years), not getting winded while working, and many other things physical things not to be discussed here.
If you are needing to learn how to feel good, possibly heal your body, shed unwanted weight, and learn how to, in the words of Hypocrates, “Let thy food be thy medicine”, then you need to get The Starch Solution.
I want to encourage you to get the information this book offers. So much so I have an offer for you so that you can get the book for free, and it is yours to keep FOREVER! Just click the banner below that says “get two free audiobooks”. The two free audiobooks are totally free and yours to keep. So there is no reason not to get your audiobook today!
First let me say that I did not start this plant-based-diet for the specific purpose of losing weight, but I would be a fool to think that changing to this kind of diet would not impact my weight. Also, please don’t look at my results as far as weightloss goes and think that your results will be the same. I will be 51 years old in a few days. My metabolism has slowed way down. My body does not react to diets the way that it did once upon a time. Did I mention that I am not sticking to the plan on Saturdays. At least not at this time. Saturday will be a cheat day. So keep these things in mind please.
Here are my second week results. I am down a total of 7 pounds. I need to let you know that I never pay any attention to the number to the right of the decimal on my scale. I figure at 350 pounds that number is really irrelevant lol.
If you would like more info on the eating program I am following check out the following link:
Hey! Have you downloaded STASH yet??? Why not!? STASH is your best bet as a beginning investor to learn the ins and outs of investing in the stock market.
So here is this week’s update. The week started off good but the overall market got sluggish the last few days of the this week. Did you see what SNAP did? At one point this week I was up 30% with SNAP. That’s a great return, and much more than your bank pays in interest. Of course, that doesn’t happen every day, nor does it happen with every stock or ETF. But it does happen occasionally, and the more you diversify the more frequently that will happen in you portfolio. Full disclosure; the potential for the opposite to happen increases as well. All in all you can easily expect about a 15% increase each year in the stock market by simply putting your money into a good SPY index fund and letting in grow. However, if you actually create a trading plan, even using the one that I have implemented with my STASH portfolio, you can possibly expect much bigger returns. Keep in mind that no one (myself included) can predict what the market or individual stocks will do. Don’t believe me? Go check out the posts on StockTwits. Watch the constant flow of predictions going on there on an hourly basis. It is really crazy. By the way, I do not recommend that website for new investors. Heck, I don’t even recommend it to seasoned investors.
I Won’t be doing the video trades from here on. Instead I will be updating on Sundays with end-of-day screenshots of my portfolio as well as whatever dividends I received, Monday morning purchases, Tuesday purchases of the previous Friday’s sales, and current week’s end-of-week sales. I hope this will be an encouragement to all new investors. Please get started creating a future today. Join STASH!
Hello everyone! Thanks for taking the time to read this short update. The plant based diet I’m on is going great. I haven’t been on the scale this week, but I must say that I already feel so much better regardless if I have lost weight this week or not. I promised you a couple of weeks ago that I would share with you some ideas on how I’m eating now. I must first tell you that I have never been a big plant eater. Mainly because of some belief systems I have been taught about food. I really won’t go into that today, maybe a later update I’ll share some of the myths I believed to be fact. For now, I want to share with you a plant-based dish that I have been trying different things with over the last two weeks. It is something I really like, it is really easy to fix, and it is VERY healthy. In the picture below is the very dish I am referring to, and I slaved (WINK WINK) over a hot rice cooker all day. Actually, it only took 15 minutes of prep-time and then 2 seconds to turn on the rice cooker.
So, what was in this soup/not soup thing I made? Well here’s is the list:
When I was a teenager just getting out of High School I had my first introduction to investing. It was from a preacher who was trying to get my Dad involved in a company called A L Williams. At that time (33 years ago give or take) the product being sold was some sort of savings or investment product. Maybe an annuity, but I really don’t remember for sure. Anyway, what I do remember was a breakdown sheet the salesman showed my dad and me. I found it really mesmerizing as it showed how, through compounding, a person could invest $2000 at age 18 and at age 19, let it stay there in whatever product they were selling, compounding year by year, and when you reach the age of 60 you would have over $1,000,000 to retire on. I was VERY impressed because no one had ever taught me what compounding could do.
But, did I do anything with this info? Did I start investing immediately? Have I since piled up a huge retirement???? Well…..NO! I never learned to be disciplined. I never learned to overcome my fears, and countless other reasons. Long-story-short, I have worked hard all of my life and here I am at 50 (soon to be 51) years of age with nothing to retire on in a few years.
Why did this happen to me? Why does this happen to so many people? How can this be fixed? Those are the questions I hope to address in this blog.
The first 2 questions I am going to attempt to answer together. Keep in mind that my answer is based in my experience, and though I may use a very broad brush stroke to convey my answer I in no way think that my answer fits everyone. I also don’t believe it is exclusive to me either.
Question 1. Why did this happen to me and so many other people my age?
My answer is a bit more complex than to just say “fear”, but fear is definitely the heart of the matter. As a 50 year old man I was raised by parents who were born during the Great Depression. My grandparents saw hardships. Terrible hardships. Not only in their lives, but in the lives of everyone around them. They experienced the banks closing and watching their money disappear. They were devastated to say the least. This put a huge amount of distrust in them in financial institutions for the rest of their lives. And all they really knew was that it all happened because something call the “stock market” crashed and made all of their money go away. They were told that their money was perfectly safe in the bank and that nothing could ever happen to it. Today, that idea is mostly true. Banks now, because of the Great Depression are required to have insurance on all money deposited into the bank up to a certain amount per account. Back in those days though there was no such thing as bank insurance. So when the market crashed if you had money in the bank it was suddenly all gone.
This fear of financial institutions and the stock market was then passed down to the children of the parents of the Great Depression. It makes sense really. I mean, parents are to raise their children to be cautious of the things that have hurt them in the past. Right?! Well, that’s what they did. And then that fear was passed down to the next generation, and will be passed to the next generation if someone doesn’t step up and say, “HEY, things are a bit different now!”
This is pretty much what happened to me. I believe I got caught in the vortex of Hand-me-down fear from the Great Depression. Maybe not directly drilled into me like it may have been into my parents, but more of a residual gleaning of the idea because I was raised in a home where saving money was rarely done due to lack of it, and investing was discouraged because of their past experience with the Great Depression.
My dad did okay for his family. He graduated college, got a job as a school teacher and retired with a teachers retirement, and a military retirement. He never had to save for his retirement. He did encourage me to follow in his footsteps, but when I decided to go my own way he was unable to give me direction. Therefore, I struck out on my own with no real understanding of the future, and all the learned fears handed down from my grandparents and parents. Bottom line, financially I have always felt unprepared for the future.
Question 2. What can be done to change this process?
First thing you need to do is understand it is never too late to start investing. It is also never too early or too late to start teaching your children the importance investing. Now, there are a ton of expensive options out there for you to start your new investing lifestyle. If you choose an online broker like etrade, scottrade, or ameritrade, you can expect to pay as much as $9.95 per trade. In other words, you can pay $9.95 to buy a stock and then $9.95 to sell it once you make a profit. That is $20 total for every stock you buy. I could go on and on about the high cost of investing, especially if you use a traditional broker in a brick and mortar building. It gets outrageous.
But I have good news. You can now buy and sell stocks at no cost per trade. With STASH you start trading with as little as $5. Thats five dollars that goes 100% into the stock or etf of your choice. The only thing you will pay is a $1 per month account maintenance fee as long as you have less than $5000 in the account. After $5000 it does go up, but it is minimal.
Whats more is you can actually start a custodial account for all of your dependent children. How cool is that??? I mean just imagine if your parents had started buying stocks for you 20-50 years ago. Imagine where you would be today! Maybe they didn’t do it for you, but now you have the opportunity to do it for them. I have recently started doing this for my kids. Just $5 a week I have automatically set to be deposited into different stocks and bond funds through STASH. They actually get to keep up with how much their little account is growing and get excited when the dividends hit. Its satisfying to do this for them and to know that I am breaking the curse of fear with them, all while teaching them some of the in’s and out’s of investing.
So, what are you waiting for? Get started today! If you will use my referral link STASH will give both you and me $5 today. Here is the link