Sunday, February 02, 2020

4 Month Update

This post is a continuation of the $50 a month stock challenge I started October 14, 2019.  Click on, "No Commission Stock Trades", on the right side of the page to read from the start.

    Here is a look at my 4 months of trading in this small account and how I am doing against the stock market averages for the same time period.

    If you are new here, I am trying to show a profit of 2% a month or 24% a year. Lofty goals for some , while others will laugh and say "why bother". This account is about building wealth and not going broke, so lets get started on the report.

1.  October, 2019.........7.22%
2.  November, 2019.....3.21%
3.  December, 2019.....5.12%
4.  January, 2020........4.36%

4 month total............19.91%

     This is the chart for the DOW and S&P 500 for the same time period.

     DOW is up.....4.6%
     S&P is up.......7.7%
     I am up.........19.91%

     I am well on my way to my goal of 24% for the year.

Disclaimer, I am not a professional.

your comments are welcome and appreciated.

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