Hello Investors!
I hope everyone is holding on while we go through a rough market! This is the time to pull out that extra funds you put aside to buy into the market dips to get good values off of your favorite stocks. This is the whole reason I got so into the stock market just to see these days where everyone sells their shares because they are scared of losing all their money. I do not have all the answers to when or if the stock market will crash, but I do know that you will make money buying on red dip days. I believe the market has had a few red days this week which means if you bought this week, you would make money once the market recovers from all the bad news. I do know that the trade war is just starting, so buy into the stock market knowing it might drop even further. If you do have confidence in the company, you are buying shares then you do not have to worry about losing money eventually. I have lost over 30k this week over Apple dropping, but all I am doing is thinking if I should buy more of Apple since it is in the red. I do not like wishing that this trade war would last longer, but I would like the trade war to drop a few stocks so that I can pick up more shares at the bottom. I know a lot of businesses will also get affected by this trade war, but consumers need to start buying cheaper items so that they can last through these tough times. If you have to eat cup noodles or ramen for a year, then that is what you have to do to survive to make ends meet. I did not come from money, but I have enough to try and have influence in my future which is why I want new investors to realize that there is money to be made in all scenarios of the market.
If you are not confident in the stock market, then move to the real estate market, which will always bring in a steady income. I am using stocks and ETFs to build up my portfolio, so that I can move money into real estate if I see a good opportunity to buy. There are all sorts of investments that can make you money if you hold on to it for an extended period of time. You can make a lot of money off of something you hold for 30+ years. You will never know what will be valuable in the next decade, so it does not hurt to hold items in mint condition for investments.
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
Combined Value of – $345,903.15
Apple Savings Account (3.90% APY) – $1497.91
Yen (Average Rate – USD/JPY) – JP¥0
Individual Stock Account – $197,489.28
Roth IRA – $110,264.71
Traditional IRA – $36,651.25
It is never too late to start investing!