Weekly Performance Report
The weekly Performance Report shows my weekly portfolio performance, names and all. It also shows you how I’ve done YTD (as of the ending of the last full month).
Scroll to the bottom if you want to see my performance & names.
As the name suggests it’s the capital you have from a cup of coffee. The purpose being that it doesn’t take much money to get started investing. $7 a day is over $2,500 a year. A respectable amount of money for millions of Americans.
Outside of showing that it doesn’t take much to get started buying stocks I wanted to show that you can beat the market. I don’t know if I will but either way I provide a weekly update as well as a monthly and YTD update of my portfolio. This includes the names I hold and how much I’ve gained or lost on the positions. Everybody wants to talk tough but not show receipts, well, here are my receipts.
I wanted to talk to people and help them with the obstacles and challenges associated with investing when you first get started.
The name of the game is simple. I contribute $50 a week to my portfolio. My benchmark is the S&P 500. Why the S&P 500? Because if I wasn’t actively investing, that’s where I would put it. A 3 year rolling average time frame is how I measure my performance. Yes, of course, I measure it every day, week, month, quarter and year. But to know if you’re doing it right, a single year seems too short and 5 years seems too long, so 3 it is.
Outside of the Weekly Performance Report I post deep dive articles on various specific stocks and sectors. On top of that I’m a huge fan of psychology. I believe investing lies at the intersection of psychology and economics. As such, the extent that you understand those two things is proportional to your success in the investing game. Therefore I have a lot of investing adjacent and tangentially associated discussions to offer you.
I put my money where my mouth is. If I’m talking about something it’s because I think it’s relevant. If I’m talking about something it’s either because I’m invested in it or looking at getting invested in it. I’m either talking about something because there are lessons to be learned or because it will make me wealthier. After all, isn’t that what we’re all after?
There’s too many stock publications that pontificate. There’s too many publications with fictional simulated trading accounts. I believe in walking my talk. There’s nothing quite like doing the real thing for yourself. Skin in the game matters. Too many people who can’t make money switch it up to be internet grifters, it’s a lucrative business after all. They make more money on their subscriptions than they do on their trading. I find that despicable. Put up or shut up, that’s what I say.
I ended the week down 0.25%.
