Hello Investors!
This is my first blog post for the new year! I hope everyone had a safe and fun New Years Eve! I know there were a lot of people that lost loved ones this year. My heart and prayers go out to those families.
I do not know about everyone else, but the last couple of days of last year my stocks took a dive. I was expecting everyone to wait until the new year to sell off their stock gains, but everyone wanted to end the year off with some profits. Of course, you know that I am smiling because I can purchase more shares of my favorite stocks, especially Apple. Apple lost over ten points since last week and is still in the red today. I am hoping that it stays around this price or goes a bit lower, so that I can finish off my last five shares of Apple before I go on my trip to Japan. My plan for going into 2025 has been decided. I will be buying Amazon shares and switching off to occasionally buy Nvidia shares. I have a feeling that Amazon and Nvidia will end up hitting new 52-week highs due to the move into AI. I do know a lot of big named companies are trying to make their own chips because it is cheaper buying from China and Taiwan. The only thing that investors need to pay attention to is what President Trump does with tariffs. There will be a lot of movement in the next couple of months due to the new Cabinet Trump will bring in. 2025 will be an interesting year for the stock market. If the stock market reacts like every year, expect the stock market to go into bear territory at the beginning of the year and then start to pick up mid-year. The stock market has a trend that seems to always move the same unless there is a big disaster or crisis.
Since it is a new year make sure to check all your automatic investments and adjust them as you see fit. If you can remember to increase your contributions whenever you can. Every bit counts towards your future retirement. As you get older, and things get more expensive, you will end up needing more for retirement. Save. Invest. Retire Early.
Until next time…Have a wonderful weekend and remember it is never too late to start investing!
Current Goals:
Individual Stock Account + Traditional IRA Account – 995/1000 shares of Apple Inc. (AAPL)
Individual Stock Account – 20/100 shares of Nvidia Corp. (NVDA)
Roth IRA Account – 73/100 shares of Vanguard S&P 500 ETF (VOO)
Future Goals:
Individual Stock Account – 41/100 shares of Alphabet Inc. (GOOGL)
Individual Stock Account – 22/100 shares of Amazon.com, Inc. (AMZN)
Roth IRA Account – 58/100 shares of Vanguard Russell 1000 ETF (VONE)
My Investments
Combined Value of – $377,170.62
Apple Savings Account (3.90% APY) – $990.56
Yen (Average Rate 145.38 USD/JPY) – JP¥335000
Individual Stock Account – $222,212.52
Roth IRA – $112,235.90
Traditional IRA – $41,731.64
It is never too late to start investing!