From this day on in the year 2018 I am going to be trying to build a small but hopefully lucrative fake stock portfolio to try to turn a profit in 2018. What makes me qualified to do this and share my cost. Absolutely nothing, I have a degree in music from a Liberal Arts college. But I am being armed with the New York Times and the ability to google stock prices. We will find out if really any idiot can make a living of trading stocks. Here are the Rule’s, I am starting with 10,000 Dollars. I am going to be using TD Ameritrade cost for my Brokerage fee. Each week updating why I am selling or why I am not selling. So lets Begin.
Here is where we stand today on my purchases for my Stocks.
Let me break down each of my choice’s on the three stocks that I am Starting out with this Year.
Tesla stock has been going dow in the last month reaching close to its biggest low point in three months. It has been increasingly going down because of the delays with the model 3. The General Thinking here is that the stock is going to pick up a large amount of speed in the New Year with the succesful completion of model 3 deliveries after they had to divert resources to build the super battery in Australia. By the way if you have’t read about that click below, its pretty insane.
Otherwise I also think that the more good information that comes out about the semi is going to really help the truck. If I am being honest with you I am a huge Elon Musk fan boy because he seems to be able to do anything he sets his mind to like sending his car to Mars because if you have that kind of money and own a rocket company then why not.
Now this is probably my most risky purchase in my eye’s because this stock just had a lot of success recently and just seems to not quit. So I am a little nervous it might stop gaining so much speed but today I was reading an article on how every time Amazon does even something little it shakes the market in a huge way and that convinced me that Amazon is going to never stop and continue till it owns the worlds.
Last I picked a stock that is close to my heart. I couldn’t figure it out but recently the stock has been going down a little in the last month, I think it might be possibly because of a slow box office this year but I think when Disney starts to announce more details about its streaming service and some of the structural changes over at FOX that the company is going to start going very high.
These are my Picks, as you can see my general idea is that I am trying to pick stocks that recently went down because of some weird market shares but are going to pick up steam in the new year with some good news about success from the company. Come back every monday morning to hear what I am going to change for the week or what the current plan is with my money.