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!