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, 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, budget willing, based upon results
- Results are reviewed in the middle of the month (approximately)
Here we go!
Stock Market
- As of closing on 10/15/2015: 17,141
- As of closing on 11/17/2015: 17,489
- Month Change: +348 (+2%)
Investments
Buffalo Wild Wings:
- Previous Value: $178.79
- Current Value: 146.51
- Month Change: -32.28 (-18.1%)
Apple:
- Previous value: $43.64
- Current Value: $44.35
- Month Change: +$0.71 (+1.6%)
Lifetime Performance:
- 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 aren’t geared towards small time investors, so Loyal3 has been great.
Brought to you courtesy of Brock
