Hello Investors!
Good news, it is the weekend today! I know some people have Monday off and some people do not have it off. But, I wish everyone a good and safe weekend especially if you plan to attend the inauguration. I do believe that the weather will be really cold, but one good thing is that President-elect Donald Trump plans to move his inauguration indoors due to the freezing weather expected in Washington, D.C.
Today was the last day with the Biden administration and it seems that investors wanted to end wall street on an up trend leaving the stock market in the green. I believe everyone is very skeptical about the markets once Trump becomes president, but it does open up good investment opportunities when stocks start to slump down. Once Trump gets his agenda down we will start to see the markets shift and react to the news. It might be a roller coaster ride in the beginning of the year, but keep investing and you will see the results in the end. There has to always be balance with power and unfortunately there are reactions to change. The only good thing about Trump is he is all about the economy and how we can save money or make money to sustain our spending.
Next week I am hoping that Apple stays around the price it is today which is 229.98 per share. This would mean that I will be able to finish off my last three shares of Apple and move onto Nvidia and Amazon. This would mark my first goal since I started this blog and hopefully not the last. Building shares in Nvidia would be easier since the stock is trading below a PEG Ratio of 1 which means it is undervalued for the price of the stock. The P/E is a little high, but we are looking for the long term gains which is why I look at the PEG Ratio of a stock. Amazon is both high on the PEG Ratio and P/E, but Amazon is such a powerhouse when it comes to marketing and earnings.
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 – 997/1000 shares of Apple Inc. (AAPL)
Individual Stock Account – 20/100 shares of Nvidia Corp. (NVDA)
Roth IRA Account – 74/100 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 – $366,070.23
Apple Savings Account (3.90% APY) – $1090.56
Yen (Average Rate 145.38 USD/JPY) – JP¥335000
Individual Stock Account – $211,867.38
Roth IRA – $113,650.66
Traditional IRA – $39,461.63
It is never too late to start investing!