Hello Investors!
I hope everyone is enjoying life. I know everyone is excited for the holidays with Christmas and New Years right around the corner! I hope everyone has a wonderful holiday season this year.
I cannot say how much I am thankful for how well the stock market is doing let alone the whole investing period right now. I know there will be down times, but if you are investing you can see the potential investing can bring. I am just kicking myself watching all these good stocks that I knew would go up actually head to new highs this week. I mean if you look at Amazon you can see that it has gained 8% over the past month and 31% over the past 3 months. The growth of Amazon will continue as they introduce recent technology into their Amazon sales. I like to look into the future and see what these blue-chip companies can do with the recent technology we have today. If you have not read that Amazon will introduce AI into their AWS. If you do not know AWS stands for Amazon Web Services which is their cloud computing service. Amazon is moving towards changing how businesses are managed. If Amazon keeps on growing into AI, I can see the stock hitting 400+ a share by next year. We already see Meta hitting their new highs this week which I knew would hit 600+ by just reading the statistics and how much growth potential the company has. Meta is also undervalued according to their statistics which means there is a lot more growth potential going into 2025. Unfortunately, Meta is not a stock I can afford right now since one share costs $623.52 right now. I would rather buy a cheaper stock that I can buy multiple shares of for the price of one Meta share. Just remember there are plenty of stocks that you can buy and make thousands of dollars off of.
I cannot wait until next week to buy more Apple shares. It really gets exciting when you get close to finishing your goal. I am currently having a tough time deciding on Amazon or Nvidia for my next goal because when I look at the statistics of both stocks, I am confident that I will be making a lot of money from either one. As of right now both stocks are undervalued and both stocks are going to make a large profit in 2025. The growth of Nvidia is higher than Amazon though due to the fact that Nvidia is highly involved in the AI business right now. I am leaning towards Nvidia, but Amazon is really tempting because they are on the move right now.
Reminder: Do not forget to max out your IRA accounts if you can afford it
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 – 991/1000 shares of Apple Inc. (AAPL)
Individual Stock Account – 20/100 shares of Nvidia Corp. (NVDA)
Roth IRA Account – 72/100 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 – $377,917.77
Apple Savings Account (3.90% APY) – $787.73
Yen (Average Rate 140.75 USD/JPY) – JP¥185000
Individual Stock Account – $220,601.99
Roth IRA – $114,816.94
Traditional IRA – $41,711.11
It is never too late to start investing!