bookmark_borderRobinhood Portfolio Update

Robinhood is one of my favorite platforms to invest in the stock market, no matter if you have $1,000 dollars or $100,000 thousand dollars Robinhood is a great option, for the long term investor, for the day trader or the Crypto guys, they make it easy for you to invest, below I am going to share my current holdings and we’ll discuss what I am planning on buying or selling.

As you will see, not only do I have investments in stocks but also I bought Cryptocurrencies which so far have given me returns of 80% and 90%, overall my portfolio has given me a return of 12% and I have not taken many losses, the main reason for this is because I rarely sell a stock at a loss and I average down as stocks take a hit, I am a long time investor and I have enough income where I do not need to take money out of the market, if a company goes down in price I will usually buy more shares, my favorite discounts are anything over 10% and I usually average down as the price goes down.

One very important thing to mention is that most of my stocks pay a dividend which is great because in the event that prices drop I can always collect dividend payments and wait until the stocks appreciate.

Ok enough talk, here is what I am currently holding in my portfolio:

  • Etherium Classic
  • Dogecoin
  • Litecoin
  • Bitcoin Cash
  • Etherium
  • Bitcoin

 

Those are the Cryptocurrencies, one of the things that I love about trading Crypto is that I can trade 24×7, in average I am able to buy and sell at any time of the day no matter if it is a holiday.

Now onto the stocks that I currently hold:

  • Intel
  • Cisco
  • Comcast
  • Microsoft
  • Hewlett Packard
  • Wendys
  • Walmart
  • AT&T
  • Apple
  • Huntington Bank
  • Facebook – (Does not pay a dividend)
  • Visa
  • Verizon
  • Pfizer
  • United Health – (Took a hit, averaging down)
  • Boeing – (Tons of negativity around it, buying more)
  • IBM
  • Caterpillar
  • Santander Bank
  • Aflac
  • Allstate
  • Ford
  • ABR and NRZ – (REITS)

 

As of right now, most of these stocks have given me great returns, United Health and Pfizer have taken a hit due to speculation around healthcare however I will continue to average down and collect their respective dividend payments, REITS have also appreciated and also paying dividend amounts of 9% or even higher.

Which stocks are you currently holding? Post a comment regarding your favorite stocks, I am currently taking a look at Disney, McDonalds and Waste Management.

As always, this is not professional stock advise, always do your own research before buying stocks.

Don’t have a Robinhood account? Open one here!

bookmark_borderWhat are Cryptocurriencies and how can we invest in them?

You know that in the world there is a great variety of forms of payment, usually we are used to receiving money from your employer and most of the time your money is deposited to a bank account, once you collect your money then you go to the ATM machine and you get cash, this is what people do regularly.

Now, each country has its own currency and usually you have no problem paying someone if you make a transaction in your own country, but if you have plans to pay someone in another country, then we have to convert our money to that currency and make the transaction. What is the problem with this? The charges, the reality of things is that banks make a lot of money when you transfer money to other countries, in the same way we have companies like Paypal and Western Union that allow you to transfer money to another country, the problem with this is also that they They will charge you a fee for the transaction and for oak you will convert the currency to local cost, in most cases, you will lose money.
Continue reading “What are Cryptocurriencies and how can we invest in them?”