Week 3 Review


This week was a bit rough in the Building a Portfolio with $150.

Good news though, the fund is still over $150! Bad news, it didn’t grow as much as hoped this week. Let’s talk about it.

The highlight of the week was Pier One. I bought a total of 30 shares of it and was able to make a good flip. It allowed me to take my first loss in the fund, selling Frontier Communications for a loss of like 5 dollars. Luckily, Pier One made that back the next day.

It killed me to sell something off as a loss. I would like to think that this amateur with no training can pick a winner every time, or hedge it to break even. Frontier ended up hitting its 52 week low after I sold all of my shares, validating my idea. I didn’t see an upside for Frontier so when I saw Pier One soaring I sold off Frontier and put the majority of it into Pier One.

I also sold off:

All of those were for a gain of at least 5% per the Portfolio Rules.

So where does that leave the fund?

The fund is sitting at $157.20 mid day Friday, up about $1 from last week. That sounds horrible right?!

It sounds a lot better to know that I took a huge loss and was still able to increase cash holdings, have a bad week and it still keeps the fund at a positive 21% for the month!

What is the plan for the up coming week?

I will be doing some research and looking into what the buys of the week might be. I am planning to hold Nintendo, Coke, and most likely GE. I feel confident they should stay steady and maybe grow, and they hold decent dividends. That doesn’t mean if I get a good feeling that I won’t sell them to free up more cash.

Currently the Portfolio has about $45 available for investments and the remaining $110 still invested. I will be keeping an eye out the rest of the afternoon to see if there are any things hitting the sell threshold, but everything should probably stay about the same.

Be sure to keep subscribed to all of the social media channels to never miss an update.

I also always recommend people to use my link to sign up for Robinhood and get both you and I a free share! Once you sign up, you too will get a link and can have your friends sign up and get another free share! I mean, who doesn’t like free money. 😉


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