Aloha Investors!
This year is going to be a different year for my investments because I want to be more aggressive with my individual stock account. This basically means I will focus on mostly the magnificent 7 when I feel they are undervalued. I was able to sell most of my dividend paying stocks and I bought into the following:
Apple – 58 shares @ 195.4351 = $11,335.24
AMD – 1 share @ 180.1069 = $180.11
NVDA – 1 share @ 626.975 = $626.98
The reason why I bought 1 share of both AMD and NVDA is to set a baseline to start off and I will buy more when it dips under to reduce my cost basis. When I look at the statistics for NVDA the stock itself looks really undervalued for the price it is at which means most likely the stock will start pushing 700-$800 per share eventually. I do believe that NVDA will end up splitting to allow more people to purchase shares that can’t afford the current stock price. I look forward to seeing what will happen with tech stocks this year.
I am also excited to see Apple savings increase their APY to 4.35%. I was able to pull out $1,700 from Apple savings within a couple days to purchase Japanese yen @ 142 per USD. This is still really good value to invest your USD and exchange it when it does drop. I don’t think I have seen the yen this high since I started investing. Along with purchasing yen I was able to increase my contributions for my individual stock account by $60.00 per month. It is always good to increase your investment contribution or savings when you get a raise or receive extra money.
Take a look at my updated investment tab to see my new numbers!
My Investments for Friday, January 26, 2024
Combined Value of – $284,675.25
Apple Savings Account (4.35% APY) – $632.12
Individual Stock Account – $162,718.31
Starting buying power: $557.86
Buying power remaining: $173.17
Apple (AAPL) – Purchased 2 shares
Price per share – $192.345 = $384.69
Dividends for January
Qualified Dividend Merck & Co. Inc. (MRK) – $3.39
Dividend Reinvestment (DRIP) – Bought 0.0284 MRK @ 119.495
Qualified Dividend Bank of America Corp (BAC) – $3.20
Dividend Reinvestment (DRIP) – Bought 0.095 @ 33.6974
Qualified Dividend Philip Morris Intl. (PM) – $8.76
Dividend Reinvestment (DRIP) – Bought 0.0929 @ 94.3061
Roth IRA – $88,500.57
Starting buying power: $287.66
Buying power remaining: $62.10
Vanguard High Dividend Yield ETF (VYM) – Purchased 2 shares
Price per share – $112.7796 = $225.56
Dividends for January
No dividend payouts for January as of 01/26/2024
Traditional IRA – $32,824.25
No shares bought at this time
Next investment: 02/09/2024
Buying power remaining: $137.50
Dividends for January
No dividend payouts for January as of 01/26/2024
It’s Never Too Late To Start Investing!