bookmark_borderIs the Stock Market in a Bubble in 2020?

Stock Market Bubble
Stock Market Bubble 2020

If you look at the $SPY chart above, you might notice one thing, the Stock Market is at all time highs, if you are a new investor you might want to approach the market with a good strategy or you might find yourself losing money this year, now this does not mean you should not invest, anyone who is able to should invest in the stock market however you need to have a strategy because in 2020 it is possible that the stock market might be in a bubble that could be close to popping.

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bookmark_borderMaking Money With Dogecoin on Robinhood

Dogecoin
Dogecoin Cryto Trade

Trading Dogecoin for a profit and you can do it too

On January 15, 2020 was a very interesting day since I managed to sell my entire position with the Dogecoin Cryptocurrency, I have several reasons why I made the sale but one of them is because this investment had generated me obrt 10% return In the short term, I usually prefer to buy and hold but in this case I saw the opportunity to take profits since most Altcoins were moving up and I decided to take profits, even though I do not believe this coin will last for a long time but it is an asset that can be traded for profits in the short term.

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bookmark_borderRobinhood Portfolio Update

Robinhood Portfolio Update
Ronbinhood Stock Market Portfolio

Here is a quick update of my Robinhood stock market portfolio, as of now I am up almost 26 percent since November 2017, the key to achieving these gains is a combination of buy and hold stocks plus a bullish market, it is a small portfolio and it is only a small part of my overall assets however I do plan on growing this to over 100k.

Here is a list of my current stock positions:

  • Intel
  • Cisco
  • Comcast
  • Microsoft
  • Hewlett Packard
  • Wendy’s
  • Walmart
  • AT&T
  • Apple
  • Huntington Bank
  • SPYG
  • Verizon
  • Pfizer
  • IBM
  • Caterpillar
  • Santander Bank
  • Aflac
  • Allstate
  • Ford
  • Progressive
  • Aurora Cannabis (Down almost 60%)
  • Exxon Mobile
  • Pepsico
  • UPS

As you can see, my portfolio is currently a bit over diversified however note that some of these stocks are setups for swing trades, for example with $ACB I have bee averaging down and once I hit a good  return I will sell these shares, I also have some Crypto positions that I will be sharing on another post, so far I am really happy with the portfolio performance and dividend payments are coming in every months specially since I do hold a few REITS.

If you do not have a Robinhood account and you want to start investing today you can open one here.

If you have questions about the portfolio feel free to post them in the comment section.

bookmark_borderInvest Now and Receive Dividend Income Later

No matter what age you are or even your level of employment or economic position, it may be a good idea to start preparing now, even in a meager way, for eventual financial security. Some people feel they need every dollar they make to get by from one paycheck to the next. While this may be true for some, there are others who squander significant sums on insignificant things. They could be sucking that money away into an investment account that, over time, could lead to huge savings and a comfortable retirement.

It isn’t hard to get started. All you need is $100 to $500 to open an account, and anywhere from $25 to $50 monthly to continue building your stock or mutual fund portfolio. In fact, a young person aged 20 could deposit $2,000 and then not another dime. In forty years he or she might have tens of thousands of dollars. The stock market has followed fairly predictable patterns since its inception in the 1800s in New York City. Although historic events like the Great Depression and several global wars have impacted its activity, the gains and losses remain fairly consistent, with most investors earning a predictable return on their investment.

One of the things that I do to be able to invest in the stock market is that I save money everywhere I can, I do not eat out much, I pack my own lunch for work and I do not buy Starbuck coffee, instead I make my own, I also do not buy much clothes and I find ways to save on my monthly bill, also if I have any kind of debt I try to pay off anything that i high interest and I avoid paying retail price for anything that I can, saving a few dollar here and there has allowed me to grow my wealth and increase my dividend income every single year.

Of course, no one can predict what the future holds, or whether the pattern will continue. And none of us should invest more money than we can afford to lose—just in case the world economy crashes one of these days. But with steady deposits that continue to compound and earn interest over time, a sensible and prudent investor can substantially increase the amount of money going for retirement or a dream vacation at some future point.

If you are thinking about opening an investment account, do a little online browsing for more information. Visit sites like Robinhood or E-Trade to see how the process works. Start reading your newspaper’s financial pages for details about the latest stock prices and market trends. Do a little paper trading by following the daily stock news. Instead of actually purchasing stock, however, work it out on a piece of paper by pretending to buy a certain amount of stock for the specified price and then watching to see how it performs over the following week. Chart your gains or losses to figure out whether your stock deal was successful. If you do this for several months, you will soon learn to understand more about the stock market and how to buy and sell like the pros.

Even if your budget is tight, try to set aside a little money to open an investment account from any windfalls that come your way from job bonuses, inheritances, or cash gifts. Some people set aside their annual job raise, or part of it, as part of their investment strategy. Then, as your budget becomes looser with paid-off bills or grown-up kids, you may be able to start having a standard monthly amount deducted automatically from your paycheck and deposited into your investment account. This could take the form of a Roth IRA (individual retirement account), a money market fund, a mutual fund portfolio, or individual stock shares.

It probably is a good idea to take an investment class at the community college or sign up for a financial planning seminar. Success may be just a few years away if you start now and plan right. I personally get my stock information from SeekingAlpha.com,CNBC and Finviz however there are hundreds or amazing websites out there with tons of information and news about the stock market, Warren Buffett is one person you want to read everything about as well.

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