A month a go, I made a personal challenge, to buy one share a day from a different S&P 500 company each day of the year. It’s been exactly one month since purchasing my first stock and I want to give an update on how my investments are coming along!
Below is a table of all of the company stock, and the price purchased, and the current market value as of the end of May 8th.
Share aDay One Month Progress Report
Over a one month period (May 8th-June 8th), I invested a total of $791.48. Over this period, my total holdings gained a net $26.02 with a ending total value of $817.5, a percent gain of 3.29% in only one month!
Keep in mind that this is only the value of my portfolio, and gains and losses don’t really mean anything until you sell, and my plan is to hold onto all of these stocks for the long-term as a retirement portfolio.
These gains are also in a healthy growing market, so these are better than average returns. Even still my one month of progress is encouraging and enough for me to keep going strong with my investment plan!
If you don’t know already, I have started my own investment journey to one day reach $1 million dollars.
I call it the “Share aDay Challenge”, in which I buy one share each day of the year from a different company on the S&P 500.
Stay in the Loop!
You can also follow my investment journey on Facebook and Twitter, and subscribe to Share aDay above for notifications of new tips, tricks and updates along the way.
Help Me on My Investment Journey
I am using an app called Robinhood because buying and selling stocks are completely free so I don’t need to factor outside expenses in like broker’s or trading fees.
If you want to help me out or are looking to start investing, you can use my Robinhood referral link: HERE.
This way we will both get a free stock, meaning I can save some money (and no, I am not being sponsored by them).
It is going to be an expensive year of investing ahead and every little bit helps. Best of all, you can also get a free stock too!
It’s going to be a crazy year and who knows how things will end up, but I hope you can join me along the way!
