Thanks for stopping by. I use affiliate links to support this site if you believe you get value, please consider supporting me by clicking.
So I decided to start a little experiment on picking a few single stocks to see how they perform over time. That’s right I literally invested money to track and have fun for my blog to see just how well they do long term compared to a simple index fund. By no means am I giving up on index funds by a long shot.
My Single Stock Ninja Picks!
Below is the stocks I picked with my Ninja skills…
I only picked three so far and I have thought about adding 1-2 more so a total of five at most for a longterm hold position. I originally also had a small position in American Airlines and Carnival Cruise but decided to sell those rather quickly as It would not be a great buy and hold for this experiment. At this point, I have only invested $2,000 in total and have thought about investing more but as of this post, I have not done so. But we will see what the future holds.
But What Else?
My Single Stock Ninja Method Explained…
I literally just looked at the top 20 companies in the S&P 500 and picked ones that I loved as a company and thought they have longterm potential. I know I am a freaking investing genius.
Let’s get right down to the math. Honestly, I take emotions out of finances as much as I can so the numbers are my jam. I bought these on June 22nd via M1Finance. I love M1Finance for its user-friendly website and fractional shares!
- June 2020 – $2,000
- July 2020 – $0
- August 2020 – $0
- September 2020 – $0
Total – $2,182
ROI – 13.9%
I’m thinking I will update this every quarter or so often just to keep everything transparent and see how far this fun experiment goes.
The Myth & Truth
I think there is a huge myth behind higher risk equals higher returns with investing. This mindset I have seen with young, old, and even middle-age people. I have tons of friends that always ask me what companies to invest in. Even after I tell them I don’t like investing in single companies they still ask me what company they should invest in. As I type this post out I am a few thousand dollars away from a $300,000 liquid portfolio that is 99.9% in simple easy index funds.
The truth is I would assume that my index funds will do better long term. As I really am not an investing genius and neither is anyone else. Well, maybe there is that rare 1% that is. If these stocks do beat my index funds it will be sheer luck.
Let’s see what tomorrow holds for us…
Thanks for stopping by. I use affiliate links to support this site at no cost to you if you believe you get value, please consider supporting me by clicking.
My favorite free financial tool to manage my net worth is Personal Capital. You get a $20 Amazon gift card for signing up.
My favorite free investing platform is M1 Finance. You get $10 for signing up. No trading or management fees plus you can buy fractional shares.
My favorite phone service is Mint Mobile. You get a $15 renewal credit for signing up. I get a year of phone service for a rock bottom price of $240. As a guy who travels and lives in an RV full-time, this service has been amazing.