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RobinHood Stock Market Journey Week #1

I am starting a new section of my where I talk about my adventures investing in RobinHood. I am going to be totally transparent and keep track of my running total of money in RobinHood as well as the investments and sales i’m making.

What is RobinHood: 

RobinHood is an App that makes buying and selling stocks super easy, without the fees you’d normally incur. If you want to download and install the app you can use my referral link below (I don’t think I get anything if you join this way).

Download RobinHood

RobinHood Gold:

RobinHood Gold allows you to have access to your funds as soon as you make a deposit or transfer up to some amount. I think mine is around $1500 as i’m only on the lowest tier. I currently pay $6 a month, and I also get access to an additional $1000 in buying power which I typically use, but not all the time.

How much money:

I currently have around $4,000 in RobinHood, and my goal is to invest $1000 a month for the next 12 months, while posting weekly updates on how i’m doing. I may have months where I can put more or less into the stock market, barring nothing drastic happening. I also have investments in another app called Stash which I consider more long term.

Generally the additional $1000 will invested at the beginning of every month, so next week I will discuss how I distributed my next deposit.

My Investing philosophy:

  1. Don’t invest more than 20% into a single stock
  2. Put a small percentage less than 20% in volatile stocks that have a potential for big gains
  3. Don’t sell short unless I feel its as good as its going to get
  4. Don’t buy and sell based on earning calls
  5. Make sure I somewhat understand the company I am investing in
  6. Make sure the company is not in risk of bankrupcy

Now that that stuff is out of the way I want to kick off the template for my weekly post which is going to look like this.

Date: 03/30/2017

  • Total: $4,059.22
  • Week: (+1.73%)
  • All Time: (+0.10%)
  • Profit/Loss: ($4.22)

Purchases:

  • $UNXL: (21 shares), I feel like this stock could double, risky buy, but i’m not putting too much into this

Sales:

  • $TWTR: (10 shares) I sold my remaining shares of Twitter at a small loss, I don’t see this stock doing to much without something big.

Current Investments:

  • $AMD: (70 shares) 19.47% of portfolio with a value of $984.20
  • $SQ: (51 shares) 17.47% of portfolio with a value of $883.32
  • $GPRO: (105 shares) 17.99% of portfolio with a value of $909.30
  • $JNUG: (75 shares) 9.29% of portfolio with a value of $469.50
  • $ETRM: (30 shares) 3.36% of portfolio with a value of $169.80
  • $SIRI: (16 shares) 1.64% of portfolio with a value of $83.04
  • $UNXL: (21 shares) 0.31% of portfolio with a value of $15.44
  • $AUY: (19 shares) 1.05% of portfolio with a value of $53.01
  • $GRPN: (5 shares) 0.4% of portfolio with a value of $20.05
  • $PRKR: (20 shares) 0.79% of portfolio with a value of $39.80
  • $TRXC: (18 shares) 0.42% of portfolio with a value of $21.24
  • $ONVO: (27 shares) 1.64% of portfolio with a value of $83.16
  • $GPL: (25 shares) 0.81% of portfolio with a value of $40.75
  • $PXLW: (15 shares) 1.40% of portfolio with a value of $70.95
  • $CJJD: (15 shares) 0.53% of portfolio with a value of $27.00
  • $SRAX: (50 shares) 2.45% of portfolio with a value of $124.00
  • $BX: (3 shares) 1.77% of portfolio with a value of $89.31
  • $KTOS: (2 shares) 0.31% of portfolio with a value of $15.80
  • $CDNA: (20 shares) 0.61% of portfolio with a value of $31.00
  • $VRML: (20 shares) 0.83% of portfolio with a value of $42.20
  • $ULBI: (5 shares) 0.54% of portfolio with a value of $27.25
  • $SBGL: (6 shares) 1.04% of portfolio with a value of $52.74
  • $EGAN: (4 shares) 0.11% of portfolio with a value of $5.80
  • $XRX: (10 shares) 1.46% of portfolio with a value of $73.80
  • $RAD: (10 shares) 0.88% of portfolio with a value of $44.60
  • $MAT: (1 share) 0.50% of portfolio with a value of $25.40
  • $INTC: (10 shares) 7.07% of portfolio with a value of $357.50
  • $FIT: (10 shares) 1.16% of portfolio with a value of $58.50
  • $VYM: (3 shares) 4.62% of portfolio with a value of $233.64

Wow I have shares in a lot more companies than I realized, after going through this process I am going to talk about companies I’m most likely looking to sell in the following weeks. Especially at seeing how many of these companies are on the bubble for the guidelines i’m setting for myself.

On the bubble to sell:

  • $JNUG – i’m not comfortable with mining right now it seems to be on the downward trend for the forseeable future.
  • $ETRM – In 1 year this stock has lost $62, I thought I bought in at its low point, but it has continually lost money, this is one that i’m hoping for big news at some point, otherwise this could continue down to $3 – $4 range.
  • $AUY – Metals/Gold don’t seem to be that promising right now
  • $TRXC – this stock just seems to not move at all even with cool announcements
  • $CJJD – I don’t know anything about this stock, it goes against my rules i’m setting out for myself
  • $RAD – Retail is a sinking industry, I think i’ve made as much as possible on this stock

 

My big 3 are $GPRO, $SQ, and $AMD and I still stand by those 3 investments. Most of my losses have been covered by $SQ as I bought in at one point when the stock was around $9 and sold out at $16, then I bought in again at around $16.50 as I gained more and more faith in the future of this company.

That’s it for this weeks update, thanks for reading, and I look forward to next week!

Focus on what is important

When building software, it is very easy to get lost in things that don’t matter. I spend a lot of time working with clients on projects of all sizes, and I’ve picked up some things that I think could be helpful to consider when prioritizing features.

I look at two ratings overall:

  • How many users does this effect?
  • What impact will this have on those users?

Very simple right! It could be but lets use a very simple problem, someone has forgot their password on your website, and they need a way to recover it.

The number of users this effects is small, most likely a small percentage a small percent of the time. The impact of making this feature super polished is very minor, a person may enjoy the nice flow for having a password reset, but it really doesn’t matter beyond the few seconds of interacting with it.

I am always sad when building a very complicated huge software system for time to be spent building out an elaborate password reset feature. The impact and user’s effected are minor in comparison to say the landing page a user sees when logging in. Heck we have the best password reset flow in the industry, but our landing page is mediocre because we wasted time on something that really doesn’t matter.

When building software, or managing a team focus on things that actually matter. You may find you have features that have a large impact on a small number of users, that still needs to be prioritized because the small number of users make up the majority of your revenue. The model is different for each software application I’ve worked on.

I’m going to close with a list of things that I feel in most cases are low priority/low impact features that need to be functional, but doesn’t need to be overthought.

  • Password Reset (as mentioned above)
  • Settings Screen (generally in mobile applications)
  • FAQ screens (these need to be there, but don’t spend time making them more than what they need to be)
  • Image uploaders, don’t overthink image uploaders at first especially if the images aren’t used for anything more than a logo. Tell the user to upload an image the size it needs to be for example 256 x 256. Don’t spend time on a cropper for a single profile image
  • Administrative Tools, tools that are only used by super users, these impact a small subset of users (generally only the owners of the software)

Hopefully this helps make your projects more of a success in the future, just remember that a lot of little things with low impact can add up to a lot of time that could of been used on things that matter more.