The Clever Investor: Loyal3 Update – 10/16/2015
In last month’s Clever Investor update I saw my investments gain in value even though the market as a whole dropped significantly. This month has seen the exact opposite results. I guess that’s the way it rolls sometimes.
Before looking at the specifics of how my stocks performed over the last 30 days, let’s review the rules for my Clever Investor game:
- Investments are made using the 100% Free investment platform, Loyal3
- I will invest an additional $50 a month based upon results
- Results are reviewed in the middle of the month (approximately)
Here we go!
Stock Market
- As of closing on 9/11/2015: 16,433
- As of closing on 10/15/2015: 17,141
- Month Change: +708 (+4.3%)
Investments
Buffalo Wild Wings:
- Previous Value: $191.86 (after $50 investment)
- Current Value: $178.79
- Month Change: -13.07 (-6.8%)
Apple:
- Previous value: $44.55
- Current Value: $43.64
- Month Change: -$0.91 (-2.0%)
I couldn’t find any specific reason why my favorite wing place had it’s stock go down so much this last month. I know I did my part to support it by eating there a couple of times.
Apple….oh, how you continue to disappoint me. I haven’t seen a single gain on this stock since I bought it. I know stock purchases should be for the long run, but how long do I watch it drop before I give up?
What would you do? How did your stocks do this month?
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Brought to you courtesy of Brock
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