Hello Investors!
I am hoping everyone had a fun and safe Halloween!
There was a big announcement today regarding Nvidia. Apparently Nvidia will be replacing Intel in the Dow Jones Industrial Average which means Nvidia will be paired up with all the well-known companies like Apple, Coca-Cola, Walt Disney, McDonald’s, and Amazon. This is a good change that can boost the Dow Jones Industrial Average higher. All the big companies that are in the Dow seem to be all growth companies that are well-known, and consumers use them every day. I used to be a big investor in Intel because I really thought their processor chips would change the world. Once all the big companies like Apple started to produce their own chips that changed the market for Intel. This now opened up other ways to grow the tech industry which led to Nvidia being the top for graphics cards. At first there was cryptocurrency and then it moved to people making their own rigs to mine cryptocurrency, but once crypto started to go mainstream people started to move from crypto. Thus, the birth of AI, robots, and automatic transportation. All of these items need graphic cards, data storage facilities, and cyber security to maintain and run. As an investor I like to look into the future and see what companies will start building and invest in those companies. We will always need healthcare, food, water, and oil. The only way those will get affected is if we go into a depression or world war, but technology has plenty of ways to grow as a company and stock. I do not invest in people’s needs, but their wants because it creates more dopamine.
This paycheck I was only able to snag two shares of Apple since my Roth IRA account did not have enough to buy more VOO. The time to change to a new goal is coming close. I only have 14 more shares of Apple to go. When I complete that goal, I will be looking at three stocks before concluding which one will be my current goal. Those stocks are Nvidia, Google, and Amazon. You really cannot go wrong with either one of these companies. If you know these companies, you will know they will always make money. I do believe that 30 years down the line these three companies will be still around selling products all over the world. Just remember investing is easy, you just need to set goals and do your research.
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 – 986/1000 shares of Apple Inc. (AAPL)
Individual Stock Account – 20/100 shares of Nvidia Corp. (NVDA)
Roth IRA Account – 71/100 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 for Friday, November 1, 2024
Combined Value of – $349,599.76
Apple Savings Account (4.10% APY) – $1,582.86
Yen (Average Rate 140.75 USD/JPY) – JP¥185000
Individual Stock Account – $201,577.90
Starting buying power: $548.35
Buying power remaining: $106.65
Apple (AAPL) – Purchased 2 shares
Price per share – $220.85 = $441.70
Dividends for November
No dividend payouts for November as of 11/01/2024
Roth IRA – $108,229.98
Starting buying power: $497.17
Buying power remaining: $497.17
No shares bought at this time
Next investment: 11/15/2024
Dividends for November
No dividend payouts for November as of 11/01/2024
Traditional IRA – $38,209.02
Starting buying power: $91.41
Buying power remaining: $91.41
No shares bought at this time
Next investment: 11/15/2024
Dividends for November
No dividend payouts for November as of 11/01/2024
It is never too late to start investing!