
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… Read More
My 10k Saving Challenge, has me saving $300 in week five, in which I am investing the biggest amount of money so far. My mindset this week was as followed: I could buy or increase my positions in cheaper stocks so I could get more volume from this $300 or, I could add more pricey stocks that in previous weeks would have been out of budget. In the end I did a… Read More
An investor will see a bear market in one of two way. They will fear for the total value of their portfolio going down They will get excited for the chance to be able to buy stocks at a discount A bear market is defined as, when a securities price falls 20% or more from recent highs, it also has to have widespread pessimism and negative investor support. They may or may… Read More
In week four of this 10k Saving Challenge, I am saving $150. This week I’m back up to $150 giving me a good amount of money to invest with. Upon inventory of my portfolio, I noticed I didn’t have many stocks that paid me monthly. At current, I only have Main Street Capital Corp (NYSE: MAIN). It’s a small cap value stock in the capital market, yet pays a high dividend yield… Read More
In week three of the 10K Saving Challenge, I am saving $75. Seventy-five dollars is significantly less than last weeks $150, but I was still going to try to make the most out of it. In checking my sector allocation, I found that my health care sector was low, so I started looking at Pfizer Inc. (NYSE: PFE). Being that it is in pharmaceuticals and with the COVID-19 vaccine going around, I… Read More
In week two of this 10K Saving Challenge, I am saving $150. This week I have a bit more money to play with, giving me a chance to see which new stocks I can add to my portfolio. I was looking at my allocation in different sectors for my portfolio and found that I need to increase my utilities and information technology sectors in order to make it more diverse. I wanted to… Read More
In this 10K Saving Challenge week, one has me saving $50. Looking at the stocks I own it was hard to pick which stock I wanted to put those $50 into. I was also playing with the idea of adding new stocks to my account. After some time, looking at stock profile after stock profile, I felt it was best for me to increase my position in AT&T (NYSE:T). There were a lot… Read More
It’s Thursday morning and I will admit that I didn’t wake up at my usual 7:30 or 8:00 am Central Time, I stayed in bed longer then I would have liked too. When I opened my eyes, I saw that it was 8:46 am Central Time so I forced myself out of bed and opened my laptop because it was going to take too long to turn on my desktop and I… Read More
Today I woke up with excitement and nervousness because I was going to be making my first set of trades with real money on my small account. I got up at 8:00 am Central Time to get myself set up. I turned on YouTube and tuned into the Warrior Trading channel, where I get the ideas for which stocks I will be looking at for the morning. The channel host, Ross, gives a… Read More