Hello Investors!
I hope everyone had a great weekend! This week will be a very interesting week because of the recent news about the US bombing Iran’s nuclear facilities. Bitcoin investors already see the losses in their investments and now the stock market will see a very big drop due to a possible war that might occur between the US and Iran. The US is now joining the war which will put all the investors on high alert because of the possibility of a big market pull out. If you are an investor that is already close to retirement then I suggest you start moving your money out of the stock market and into other safe investments. If you still have over 30+ years left until you retire then you may stay in the stock market because it will recover before you decide to retire unless there is another big catastrophe. I am not saying that we are going to war with Russia as of yet, but there is a possibility depending on how the US and Iran war evolves. I am estimating my valuation to drop well below 300k because I have so much into tech stocks which will get affected. There are safe ETFs and stocks that you may invest your money into for the long haul and dividend income. There are stocks like KO, JNJ, MCD, and PG. I am sure there are a lot more stocks that I could recommend, but these are the well known ones that I have invested in that really do not move when something big happens due to the demand in products they provide.
I just want to add that if you can keep on investing in the market you will end up with a nice account once this war is over. This drop in the stock market will be a very big one coming up in the next couple of weeks, so brace yourself. I will keep everyone updated on my goals if I decide to change it depending on how the market moves starting tomorrow.
Until next time…Have a wonderful week and remember it is never too late to start investing!
Current Goals:
Individual Stock Account – 63/100 shares of Nvidia Corp. (NVDA)
Roth IRA Account – 80/100 shares of Vanguard S&P 500 ETF (VOO)
Individual Stock Account – 22/100 shares of Amazon.com, Inc. (AMZN)
Future Goals:
Individual Stock Account – 41/100 shares of Alphabet Inc. (GOOGL)
Roth IRA Account – 58/100 shares of Vanguard Russell 1000 ETF (VONE)
Completed Goals:
Individual Stock Account + Traditional IRA Account – 1000/1000 shares of Apple Inc. (AAPL)
My Investments
Combined Value of – $348,284.06
Apple Savings Account (3.65% APY) – $1,478.64
Yen (Average Rate – USD/JPY) – JP¥0
Individual Stock Account – $194,149.26
Roth IRA – $118,074.68
Traditional IRA – $34,581.48
It is never too late to start investing!