Sunday, March 01, 2020

5 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 5 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%
5. February, 2020...…1.66%

5 Month Total...…..….21.57%

Comparing my results to the overall market since I started on October 14, 2019

Dow is up  +  6.0%
S&P is up  +  8.4%
I am up     + 21.57%

Now remember we can not be worried about the market ups and downs, we concentrate on our 2% a month realized profits (cash flow). 

So how is our cash flow doing compared to our projected $50 monthly deposits with a 2% monthly gain.

From our chart, at the end of 5 month our balance is $264.40, while our accual account balance is $278.93 , just the 5 months of $50 deposits would equal $250.00.

Each monthly percentages are based on the starting monthly balance. 

Disclaimer, I am not a professional.
your comments are welcome and appreciated or 

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