It’s the middle of the month, and that means it’s time to take a look at how my Clever Investments are doing.. I had some unexpected expenses this month, so I had to skip my usual $50 contribution. The good news is that the stock market saw a decent increase for a single month. But will that translate into growth for my investments?
Before looking at the specifics of how my stocks performed over the last 30 days, letâ€™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, budget willing, based upon results
- Results are reviewed in the middle of the month (approximately)
Here we go!
- As of closing on 10/15/2015: 17,141
- As of closing on 11/17/2015: 17,489
- Month Change: +348 (+2%)
Buffalo Wild Wings:
- Previous Value: $178.79
- Current Value: 146.51
- Month Change: -32.28 (-18.1%)
- Previous value: $43.64
- Current Value: $44.35
- Month Change: +$0.71 (+1.6%)
- Amount invested: $210
- Current Value: $190.86
- Change: -$19.14 (-9.1%)
That’s two months in a row that Buffalo Wild Wings has been absolutely hammered. Looking around for the reason why, I found that they released third quarter finances, and hit their revenue target sending their stock into a nose dive. Apparently they are blaming the NFL scheduling for the miss.
Apple finally brings me a modest gain AND another $0.20 dividend. WHOOHOO! I’m going to try not to spend it all in one place.
For the first time since I started this little game my investments are worth less than what I invested. I’m riding it out, and believing that in the long term I’ll make money.
The brilliant thing about loyal3.com is that you can buy shares for as little as $10 bucks, which is great because most people are cash constrained and can only afford to make small transactions. Other brokerage firms arenâ€™t geared towards small time investors, so Loyal3 has been great.
Brought to you courtesy of Brock