My last investment has finally been completed. And the current investments is now making me money. Even if it’s moderate, I’ve made 640 NOK so far on the investments I’ve made since March 2017. I’ve explained earlier that I want to invest in low risk assets and indexes since I believe a market crash is due. If I had put this money into cryptocurrencies like Bitcoin, or Ethereum, I would have made a lot more (but it would be riskier). So all in all, I’m happy with my investment choice for now, it makes me sleep well at night.
I hope that I feel comfortable with investing in another asset for July. I will do some research, but I’ve also received good suggestions from Gold Members:
As a Canadian, I use a mixture of index funds based on risk tolerance (varies for different accounts) which is derived heavily on the “Canadian Couch Potato” portfolios. I buy monthly using TD e-series funds and then shift them annually into ETFs balancing at the same time and minimizing trading fees.
I would suggest creating a dividend ladder. This is where you have dividend stocks that pay out in Jan, Feb, and Mar and then repeats for the rest of the year. For example, Phillip Morris pays in Jan, AT&T pays in Feb, and Chevron pays in March. Phillip Morris pays $1.04; AT&T pays $.49; and Chevron pays $1.08. Stick to Dividend Aristocrats, dividend stocks that have paid out for more than 25 years and invested their dividend every year.
With the marijuana stocks, I would suggest Terra Tech (TRTC) and Canopy Growth (TWMJF) [US tickers]. You can research for yourself but I have been following them since 2014 and they have performed well for me. The ones mentioned by jolly648 are also good companies.
To invest in dividend stocks, and then re-invest the dividend payouts is a good idea, especially if you have a goal of becoming a major stock holder in a small to medium sized market cap company (which I tend to do eventually). But as I’ve written, I do not feel comfortable with entering the current bubble market we see. There are multiple signs for a large market correction in the following year(s). I’ll wait to enter the stock market until I’ve seen a significant decline. Of course, I could be wrong, but when I do not feel comfortable, I don’t do it.
33% Club on Workplace
We have now 25 people in the 33% Club that have pledged to invest a certain % of their monthly income in an asset that they feel comfortable with. If you haven’t already joined, search for the Workplace group 33% Club and add yourself to our Google spreadsheet. We will host livestreams and discussions soon in the group itself.
My investments and results so far
|Date Invested||Investment in NOK||Invested in||Name||Current Total Value in NOK||Total invested||Difference|
|27.04.2017||10 000||Corporate Bond Fund||Deutsche Invest I Eu Hi Yld Corp LC||10 072||10 000||+72|
|09.05.2017||31 564||Corporate Bond Fund||Deutsche Invest I Eu Hi Yld Corp LC||41 504||41 564||-64|
|08.06.2017||25 782||Corporate Bond Fund||Deutsche Invest I Eu Hi Yld Corp LC||67 983||67 343||+640|