Week 8 Results 3-28-25

First time here?

READ THE PLAN FIRST

It's about 9:40am on Friday. The market has gapped down and is still down as I write this, but I wanted to go ahead and give a brief update on what I've added this week. 

Currently the account is up to $4000 cash that I've added. Like I said, the market is down right now so my investments are down some right now. With the increase in funds I have also added SCHD and MA to the portfolio. Although the main focus is BRK.B because it was the one I started with, I will be adding others to the plan. Some I'll add with $1000 allotted to them, while others will have only $500 allotted to them. Some I'll hold for a 10% increase before selling off a portion to reinvest, and others I may hold for less or more. I'll try to explain why the difference when those times arise. 

The purpose is to raise share counts. To turn 1 share into several so-to-speak, thus increasing my dividends with those stocks that pay dividends, and to simply raise my share count on those that do not. Ultimately I hope to increase my account value somewhat faster than just buying and holding, while doing so somewhat passively. 

I will be back later today, or though the weekend to give you an idea of how I'm trading these on paper (because I like paper spreadsheets), and my thoughts on doing this without using the Tax-Lots feature on Robinhood....because I still haven't gotten the update and don't know that I'll have it once I get fully invested in BRK.B and am ready to start doing my weekly trades. So if you're like me and are still waiting, or you don't want to have to deal with doing a little math each week, there is a method that I believe is quick and simple with similar results....I think. (Read disclaimer at the bottom of the page).

Come back later this weekend for the photo of my weekly results and the other edits I mentioned. They'll all be added to this post here. 

*edit*

In the image above is the spreadsheet I use to track my daily buy-ins. Notice that at the top I have the relevant info such as the stock/etf, how much has been allotted ($1000), how much per day (1% each day for 100 trading days), and what the minimum Take-Profit percentage will be once I start taking profits. 

At the top of the columns I have Trade# to track which day of trading I'm looking at, the date, the Stock price at the time of purchase, how much was spent, and what percent of minimum take profit. The last column, though not yet filled in, will be used to determine at a glance  what the price needs to be before I sell. This will come in handy later.

Alternative Trade Rules

I mentioned that the method of trading in the original plan using the Tax-Lots is only available to individual trading accounts, and not to IRA accounts. So if you have only an IRA with Robinhood, but want to try this kind of trading there is a way that it can kind of be done. This has not been tested long term, nor has it been tested in a bearish market. Read the disclaimer below before proceeding.

It is very much like the original method. You can either DCA into a stock or etf, with until you are fully invested, then start selling, or you can start right away if conditions are right. What are the conditions? Well, once you have all of your money invested and you are in the green on that stock, find an amount that you want to sell consistently each day. I like to sell 1% of the total that I have in the stock each day.  Buy back quickly. I don't buy back in on the same day unless the stock drops pretty good, and even then I may wait until the following day in hopes or getting more downside. But whatever you do, buy back in quickly. 

Robinhood is a FIFO (First In First Out) platform. This means that it sells the oldest shares or fractional shares first. So if you are fully invested in MSFT and you start selling a percentage on green days you will be leaving your profits in that stock at whatever amount you originally purchased it, then rebuying at a bit higher amount with the 1% you sold. Continue doing this and your share count will go up, your dividend will increase, and your account will go up. Though it is not a hugely bigger increase than just Buy and Hold, it is still an increase. Long term it could be huge. 

I know it is difficult to visualize. It is difficult for me to describe properly. Run the idea through AI and see what kind of response it gives you. I did, and it was a greater return than not doing this. Let me know your thoughts.  See you next week!

**DISCLAIMER** nothing at all on this blog is to be considered as investment or trading advice. I post my progress here as a way for me to keep track of how I manage my portfolio at any given time. I can, have, and likely will in the future delete posts that I find are not ideas that I wish to try again. Do not trade the way I am trading.I am a truck driver, not a financial advisor. If you do decide to trade or invest as I do, you are agreeing to take full responsibility for your actions. Trading is risky. This blog is intended to help my wife and children in the event of my death. It is not to be considered as financial advice to anyone. The intent is to assist you in getting into the field of trading and investing assuming you will take responsibility for your actions, and continue your education through other sources. **WARNING** YOU CAN LOSE ALL OF YOUR MONEY VERY QUICKLY TRADING OPTIONS OR ANYTHING ELSE. MAKE SURE YOU UNDERSTAND THIS BEFORE YOU EVER MAKE YOUR FIRST TRADE. ALSO, I AM A TRUCK DRIVER, NOT A FINANCIAL ADVISOR. IF YOU FEEL ANYTHING ON THIS PAGE IS HELPFUL IN ANY WAY, MAKE SURE YOU TAKE FULL RESPONSIBITY FOR YOUR ACTIONS WITH YOUR MONEY! ANY AND ALL INFO ON THESE PAGES IS SUBJECT TO CHANGE WITHOUT NOTICE!!