This article looks back on the end of 2020 and some of the financial actions that I took then. These included learning about and beginning Covered Call writing and Cash-Secured Puts, changes to Lending Club, my decision to close my Acorns account, and why I did some tax loss harvesting at the end of the year.
I’m testing out how a selection of REITs in the stock market would perform compared to eREITs in my Fundrise account. Read about my latest additional investments and find out which account is in the lead.
In early March, I was thinking over the Grow Your Dough Challenge that I had completed in 2019 and wondering what I should do next as a financial experiment. Stock market prices had started dropping. My accounts that had investments tied to the stock market decreased in value. One notable exception to the shrinking assets was my Fundrise account, which held its value. That gave me an idea that I wanted to test out regarding REITs (Real Estate Investment Trusts). A real estate investment trust (abbreviated as REIT) is a company that owns, finances, or operates income-producing real estate and… Read More »REITs in the Stock Market Versus REITs in Fundrise
The end of February 2020 saw a dip in stock market prices. This came on the heels of a 10 year long bull market. For the last few months we’ve watched as many companies hit new 52 week highs. According to Market Watch, the Dow Jones Industrial Average fell 12.4%, the S&P 500 lost 11.5%, and the Nasdaq was down 10.5%. Some gains were made on Monday, March 3 as the market attempted to stabilize. Then, on Tuesday, March 3 we had the Federal Reserve announce an interest rate cut of a half percentage point, which led to further action… Read More »Market Correction in February 2020 and What I Did
The Grow Your Dough Challenge involved putting $1,000 into your investment choices, via whatever investing platform you liked, at the beginning of 2019. I ended up investing via seven different platforms: Acorns, Capital One, E*Trade, Fundrise, Lending Club, M1 Finance and Robinhood. Read more about my year of investing…
Time for my 2019 Grow Your Dough Challenge third quarter update. The Grow Your Dough Challenge involves putting $1000 into the investments of your choice via the investing platform of your choice at the beginning of the year. At the end of 12 months, we’ll see how the investments have progressed and which one can grow the most dough. I invested in seven different platforms, plus myself and my blog. Read more to learn how my investments are doing.
TD Ameritrade announced commission free trades online on US equities, ETFs, and options. Read the announcement sent to account holders. I give my thoughts on how the news plays into my investment strategies.
My number one tip for beginners on getting started investing is to invest in stock market index funds. This article explains doing so in detail.
Time for the 2019 Grow Your Dough Challenge second quarter update! The Grow Your Dough Challenge involves putting $1000 into the investments of your choice via the investing platform of your choice at the beginning of the year. At the end of 12 months, we’ll see how the investments have progressed and which one can grow the most dough. For the challenge, I made investments across six different investing platforms, plus a special bonus category of investing in myself through my blogs and YouTube channel. (Click through to read more…)
Following my investment choices in the Grow Your Dough Challenge. $1000 invested for 12 months in each of theses accounts: Acorns, Robinhood, Fundrise, Lending Club, E*Trade, and a Capital One CD. Also looking at costs to develop my blog and YouTube channel as part of investing in these tools and my education to use them.