So here we are at the beginning of a blog. What is this one about? Money.
I’m going to start and investing project and I want to document it. I’m attempting to use the internet as side
income and to use that income to learn about investing and make some money
along the way.
I’m not going to do everything right. And in fact I’m going to do some things
intentionally wrong. I’m going to trade
more often that I should. I’m going to
have to eat fees that would otherwise have been saved.
But part of the goal of this project is to turn investing
into a game. A lot of hay has been made
about gamification, and I think it gotten taken to the extreme in some cases,
but I want to gamify investing so that I find it fun and keep at it. I don’t want to make $1,000 and get bored and
quit. I want to make $1,000,000 and do
it in a way that doesn’t seem like work.
Part of this process is going to include this blog. I’ll document everything I do, everything I
read, and keep you updated with the money I make from doing stuff, and the
money that my money makes. I’ll give you
regular updates on my portfolio’s worth, how much money I made that month, and
exactly how I made it. Hopefully I’ll
get on some kind of schedule. I’m
thinking I will take Sunday to recap what I made that week. I’ll use Thursday to write about a book I’m
reading, a stock that has my attention, or to document the ways I make cash on
the internet. And then I’ll make a post
on the first of every month to document changes in my portfolio.
Hopefully I’ll find some people to come along for the
ride. I’ll try to make it interesting.
So there is my current portfolio. Not much to look at right? Just over $300 and each investment in the red. Well, the losses all stem from the trading fees. And I'm not really concerned with that. I'll explain why in a future post, but it has to do with keeping the game interesting. I'll probably come back this week and try to explain why I picked up each of these stocks, but I'm going to warn you, it isn't the most interesting story or scientific at all. But that is for another day.
Thanks for coming along.
Is your money making you money?
Is your money making you money?
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