The first month of this challenge is now over. Looking at the numbers, I’m happy to say I was able to add $762.81 to my investment account. This is $37.81 more than what the challenge was going to have me saving showing me that I will be able to far beyond surpass  this challenge.  

For week six I had $150 to buy stocks. 

At the moment, I didn’t really see anything new that I wanted to add to my account. So, I just looked at the positions that I already had to see what would be worth adding this week. 

The way that I was looking at it was that I wanted to have a well-rounded stock buy this week. I wanted to make sure that I was going to be about to get a stock in each category that I’ve been working for this past month.  

That meant I need to add a stock in: 

• Healthcare 
• Information Technology  
• Focused annual dividend stock 
• Industrials  
• Monthly payers 

The stocks below are what I went with: 

• Gladstone Investment Corp (monthly payer pick) 
• Pfizer Inc (health care) 
• Steelcase Inc (industrials) 
• Intel Corp (information technology) 
• AT&T Inc (focused annual dividend stock) 

Final Thoughts:  

On weeks that I don’t have anything new I’d like to add, I want to focus on making sure that I am well-rounded in my allocation.  

There are still going to be parts of my portfolio that are going to stay the same no matter what. Similarly, AT&T is still going to be a stock I will add to every week, maybe even multiple shares at a time. 

Any stock paying out monthly is something I’m also thinking about adding whenever I have left over cash for the very fact, I will be able to get the effects of compounding on these stocks faster vs stock that will pay out quarterly. 

As always, have a great day and keep learning and moving towards your goals, never stop pushing!