Journey into Investing

Weekly Recap: Overall this week was a loser as the portfolio end up down 4.33% for the week or $112.68.  I think today was the only day this week that the portfolio was in the green.  Overall you will not see much in the way of addition to the portfolio except in the reinvestment of dividends as I have started on a Total Money Makeover to get myself out of debt and make it so I can really build wealth once I stop putting money in someone else's pocket.  A deep dive into the finances and seeing a number just north of $70K for debt not including my home is just way too much.  When the economy is good you just take things for granted and after seeing the blood bath in the jobs market I want to get to a point where I don't have to worry about job security they way I have the last couple of month.  I have been lucky and am still employed, but after watching my company downsize our work force by 20% last month it was a real wake up call.  Portfolio Additions/Subt...

Back in December Robinhood announced that they were introducing Fractional Shares and launching the feature as an early access shortly after making the announcement.  They also claimed that it would roll out to all users early in 2020.  So I added my name to the wait list and patiently waited for my turn to get access to the feature. Well today was finally the day that Robinhood turned on the feature for my account and I couldn't be happier.  You might be asking why I was so excited to get this feature.  There are a couple of reasons that I wanted this feature, so lets take a look at those reasons. More options and Flexibility: How do fractional shares give you more options you might ask?  If you are like me you don't have larges amounts of cash laying around that you can drop into an investment account to get started.  For me I am currently depositing about $100 a month into my Robinhood account until I am able to wipe out my debt.  So if I wanted to ...