Hello Investors!
What a week for the stock market! Right now, the Dow and S&P is on a downtrend that is caused by all the changes in government and tariffs. I do believe that consumers and business owners are fearful of what will happen once tariffs are implemented. I know that a lot of items like gas and groceries will end up going up due to the trade war that will start to happen between the US, Canada, and Mexico. I do believe that all of us middle-class or lower class can use this to our advantage and start investing when the market does go red. If I did have more money on the side, I would wait a little bit to start diversifying that extra cash into some blue-chip funds like Google, Amazon, Apple, and NVDA. Do not get me wrong, but there are a lot of good stocks and ETFs that will end up going down because of tariffs. Everyone needs to realize that there is money to be made. There are plenty of people that took advantage of opportunities like this that are now relaxing in retirement. I am a firm believer that everything that goes down must come back up and that is how you end up with a nice portfolio. I am also looking into investing in some good whiskey that will appreciate the longer I hold on to it. This is the same for stocks and any collectable product on the market right now. Sometimes you just have to take risks, and you might get rewarded at the end.
This month’s paycheck I was able to purchase five shares of NVDA and one share of VOO. I was incredibly happy that I got five shares of NVDA because that is way more than I expected. NVDA did drop from 140 to 112 within a month’s time. If you look at the statistics and valuation of NVDA then you know that NVDA is a very profitable company even though investors are pulling out. Investors are very fearful of what will happen to the stock market once tariffs start to take effect. Just remember the quote from Warren Buffett, “Be fearful when others are greedy, and greedy when others are fearful.” If you live by that quote, you will do fine in the stock market.
Until next time…Have a wonderful weekend and remember it is never too late to start investing!
Current Goals:
Individual Stock Account – 32/100 shares of Nvidia Corp. (NVDA)
Roth IRA Account – 76/100 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 for Friday, March 7, 2025
Combined Value of – $373,525.08
Apple Savings Account (3.90% APY) – $1497.91
Yen (Average Rate – USD/JPY) – JP¥0
Individual Stock Account – $218,713.73
Starting buying power: $644.13
Buying power remaining: $96.63
Nvidia Corp (NVDA) – Purchased 5 shares
Price per share – $109.50 = $547.50
Dividends for March
No dividend payouts for March as of 03/07/2025
Roth IRA – $112,311.95
Starting buying power: $745.79
Buying power remaining: $221.97
Vanguard S&P 500 ETF (VOO) – Purchased 1 share
Price per share – $523.8236 = $523.82
Dividends for March
No dividend payouts for March as of 03/07/2025
Traditional IRA – $41,001.49
Starting buying power: $176.95
Buying power remaining: $176.95
No shares bought at this time
Next investment: 03/21/2025
Dividends for March
No dividend payouts for March as of 03/07/2025
It is never too late to start investing!