Loyal3 Investment Update

Average Joe Investor: Loyal3 Update 7/20/2015

stock market, investing, loyal3

The middle of the month means it’s time for an update from this Average Joe Investor using the no fee investment platform Loyal3.   It’s been a tumultuous month for the markets given the financial collapse going on in Greece, and we’ve likely seen some impact (and will continue to) due to the nuclear agreement reached last week with Iran.  I looked at the current state of my investment hesitantly, as I didn’t expect it to be great news.  Last month, I added $50 of Apple stock to my portfolio to accompany my initial investment in Buffalo Wild Wings.  Let’s see how my month turned out.

Stock Market

  • As of Closing on 6/16/2015 : 17,904
  • As of Closing on 7/17/2015: 18,086
  • Month Change: +182 (+1%)

Investments

Buffalo Wild Wings:

  • Current Value: $70.11
  • Month Change: + $4.76 (+7.28%)

Apple:

  • Current Value: $50.56
  • Month change: +$0.56 (1.1%)

I hunted around for information as to why Buffalo Wild Wings has seen such a dramatic increase over the last month, but didn’t find much in the way of hard information. I did, however, find out that they will be releasing their 2015 second quarter earnings on July 28th in a live web broadcast. I also found this interesting video which states that analysts have upgraded the stock from “market perform” to “outperform.”

For that reason, Buffalo Wild Wings will get this month’s investment funds. I’ll be keeping my fingers crossed on the 28th to hear some good news. I tend to think that they wouldn’t do a high profile live broadcast of their quarterly earnings release if it was bad news.

But then again, I’m just an Average Joe Investor. That’s exactly why we’re playing this game to see how successful I can be in the investment arena armed with nothing but my web browser, a little cash, and a no fee stock trading platform.

Loyal3

How are your investments doing?

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Brought to you courtesy of Brock

About the author

Brock Kernin

4 Comments

  • Hey, thanks for sharing. I own Apple too which isn’t going to do very well in the short term. I’m in it for the long haul though. I’ll probably get around to writing about my Apple opinion one of these days.

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