A blog about college, investing, cooking, psychology, saving money and general life concepts.
The investment fund now has 10 shares of Nike stock on the balance sheet. With current market fluctuations, certain companies are available at a great discount. Kenvue now has 31 shares, with an average cost basis of $21.89. It’s been an interesting experience so far, watching the market move and seeing solid companies fall into... Continue Reading →
This year, I started my private investment fund with the goal of it becoming a serious fund over the next decade. When I first started, I had $0 AUM (assets under management) outside of personal household accounts. The first funds I sent were $53 into VOO because I was still researching quality businesses that I... Continue Reading →
A while ago, I noticed something in the market—blue chip stocks were lower than usual. Nike was one of them. This was confirmed when one of my favorite investors who I see as a mentor posted an article supporting my suspicions. I started acquiring shares back in September. The first Nike share I ever purchased... Continue Reading →
Thanksgiving break is coming up, and for the first time in a long time, I had a full day to myself, which allowed me to take a look at the balance sheet for the investment fund. At the time of this writing, $1,426.65 sits on the balance sheet in assets. Kenvue makes up $629.23, with... Continue Reading →
$1,000 now sits on the investment fund's private balance sheet with an annual income of $24.75, which will turn into $26.35 either this week or sometime next month from a couple more share purchases. I am excited to announce that this milestone was hit within the deadline because it allows me to move towards the... Continue Reading →
I wasn't sure if I was going to write this update, but as you can see, the private fund is now at $830 in assets under management and should hit the target goal of $1,000 before the end of the year. I went ahead and calculated the rest of the $5 allotment for the month... Continue Reading →
Good morning readers, it is 8:40 AM on a Monday morning, and it feels nice to be up this early as it has taken me a while to get back to a decent sleep schedule. I woke up early, ready to buy more shares of a certain company for the investment fund, and added a... Continue Reading →
The private investment fund has now reached $658 assets under management, and the annual income for the fund is $16.36. The targeted goal is $1,000 AUM by the end of the year, December 31st, 2024. If you’ve been following along, you can see that the $5 contributions, which are on a daily schedule, are adding... Continue Reading →
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... Continue Reading →
My private investment fund now has $500aum, which is halfway to the goal of $1,000 by the end of the year. I'm also happy to say that I now have an official name for it, though I won't be divulging it here just yet. It's new, and I don't have ownership of the name yet,... Continue Reading →
The Broke College Student 