I recently did a post on what stocks we bought. Quick recap – we purchased Verifone Systems, Deck Outdoor, Walmart, Realty Income and Starbucks. John and I set goals as to when we would sell and watched the market closely.
Two days ago, we sold Walmart and Deck Outdoor. Continue reading for our profits…
I mentioned earlier how we are getting involved with investing. So far, we have a Synchrony high yield savings account, two mutual funds ($5000 total), my husband’s rollover IRA account and we just invested $7,500 in stocks. Since we’re newbies, it was hard coming up with what stocks to buy now that would make us a profit.
Investing is something that both John and I are rather new to. Other than our company 401K plans, we’ve never invested any of our money. We’ve always saved and set goals, but when it comes to taking risks with our money? Nope. Not gonna happen. Recently, our mentality has completely changed. We want to take risks, we want to learn about stocks, mutual funds, REITs and dividends, we want to generate passive income streams, we want to see our money grow, we want our money to start making us money. We want to start investing. In other words, we want to be rich 🙂