If you’ve read a few of my blog posts, you’ll know that I am minimalistic with the things I own. In December 2022, I came up with the idea to invest $5 daily for Christmas instead of buying things I didn’t want.
If you’ve ever seen the movie Christmas with the Kranks, that was pretty much how I spent Christmas—skipping it. I didn’t put up a tree, didn’t buy decorations. I just bought my teenager a few things he wanted, and that was it.
Those investments paid off. However, for Christmas 2023, my son wanted a little bit more of a Christmas, so I got him a tree to put up in his room, a few presents, and spent a little more money.
I’m not against making sure someone around me has a better experience with something, but for me, I’m not into presents or gifts, not even for my birthday.
I tell everyone not to get me anything, and if they feel like they have to, let it be something I’m going to use—even if it’s toilet paper. I am that simple. I don’t care to have stuff sitting in my home just because someone got it for me or because it’s an item just to have. I don’t like things collecting dust.
Fast forward to August 2024, now that summer quarter is over, I’ve had time to sit with myself, calm my mind, and get more aligned with the investment fund moving forward for the rest of the year.
That’s where this idea came from—to take what I did back in December 2022 , investing for “25 Days of Christmas” and invest over the next 129 days left of 2024.
This is something I’ve also been a bit hesitant and truthfully scared to do because I have a low income, and inflation has made things a little tighter—that’s just how it is right now. However, I also have this habit of going to the store and buying random snacks or treats whenever I am in the mood for comfort food.
Again, if you read previous blog posts, you also read that I’ve been talking about cutting back on snacks because I’m in school, sitting more, which means I’m more sedentary and not moving my body as much.
To put it bluntly, the snacks have made the scale creep up, and now I’m back on a cut. So, I see this as a win-win: investing $5 a day means I have to be more mindful about spending $5 here, $10 here on random snacking.
Future Cash Flow Allocation for the Investment Fund
With that said, I’ve been purchasing shares of Kenvue, ticker symbol KVUE, since June with an average cost of $19.68. I plan on building the position as it will be a cash printing machine for the fund.
For those that don’t know, Kenvue spun off from Johnson & Johnson. Its portfolio holds recognizable household brands such as Tylenol, Listerine, Benadryl, Band-Aid, Zyrtec, Bengay, Clean & Clear, Johnson’s, Neutrogena, and more.
Additionally I have been allocating $50 monthly to an ETF that tracks the S&P 500 on the balance sheet of the investment fund. I plan on adding other positions over time if suitable. But that’s pretty much the plan for the rest of 2024.
It’s 1:00 a.m. here, and I’m already tired after a long day of taking care of home—cleaning, organizing, cooking, doing laundry, throwing things out, and breaking up cardboard from a microwave I had to buy last month because the old one decided it had enough after 9 years.
I spent the day getting the apartment back to how I like it so that I can take a moment to breathe and focus on the things I want to focus on while school is on pause until the fall quarter starts.
Please note: if you are going to purchase any securities, you should consult a financial advisor and do your own research. This is in no way, shape, or form investment advice or a recommendation. Nothing in this article or on this site is intended as such.
The Broke College Student 
Leave a comment