Week in Review
The trading week is over so let's take a look back at the past week and see how things went for my Robinhood portfolio.
Robinhood offers commission free trades and will give you a free stock valued at between $2 and $250 just for signing up. You can also earn more free stocks when you refer other users. Robinhood offers basic research capabilities and is working to bring fractional share purchasing to users in the near future. This is a really good application for beginners with it's simple UI and ease of use.
Sign up for Robinhood
WeBull is another brokerage that offers commission free trading. WeBull also offers new accounts a free stock valued at between $2.50 and $250 dollars. They also will give you a second free stock when you make a qualifying initial deposit of $100 the second free stock will have a value between $12 and $1400.
Sign up for WeBull
Let's start out by taking a look at the transactions that I made for the week. I did sell a couple of items to do a little re-balancing within my portfolio. Overall I added another $410 to my investment account this week. While this is not going to be typical I have been trying to buy as much as I can while the market has been down.
| Transactions for the week |
So how did my portfolio fair this week, as you can see below I was up 2.05% for the week and it was kind of up and down all week. Overall my Robinhood portfolio is up 42.16% or $510.08 in value.
| Weekly Portfolio Trend |
So I've been doing a lot of buy lately to start trying to generate passive income through dividend payments and because of that it will probably be a little while before I can start reporting weekly dividend payments.
If you are looking to get started investing below are a couple of brokerage options you might want to consider.
Sign up for Robinhood
WeBull is another brokerage that offers commission free trading. WeBull also offers new accounts a free stock valued at between $2.50 and $250 dollars. They also will give you a second free stock when you make a qualifying initial deposit of $100 the second free stock will have a value between $12 and $1400.
Sign up for WeBull
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