First off, thank you for your service.
Next going to assume you are a HODler (hanging on for dear life). Because I am looking at the current charts of all your ticker symbols and man you appear to be taking a pounding. A Swing Trader who trades via the charts could have protected your ASSets.
Whoever is telling you what to buy should be fired for not covering your SIX. Man, you are losing a ton of money.
Take UPST you should have been out on 10/15/2021.
KO is the best of the litter. But had a SELL signal on 1/21/22.
DIS should have been sold 11/08/21
DOCN should have sold on 11/19/21
NIO should have been sold 11/08/21
SBUX should have been sold 1/3/2022
TTD should have been sold 11/17/21
Okay, let’s take TTD. If I had owned TTD since the “V” I would have had till today 18 out of 18 successful trades with 0 losses.
KO 16 out of 16 successful trades with 0 losses either by compounding at each trade or just buy 1000 shares at each trade.
I would dump the mass mutual whole life policy. The person who sold you the policy usually collects 5% commish at every payment you donate.
You did not give a ticker for your Vanguard high dividend yield so,
going to assume VHYAX
You say you have an Eleven-year-old. I have two (2) nieces who started in 6 grade that I have trained them as Swing Traders and now in the Eight grade are in the 6 digits range. They use Robinhood to make their trades during lunchtime under the supervision of their mother. Kids are easy to trade than adults who are stuck in their ways.
The market appears to be in a downward slide and everybody is screaming at the TMF’s in charge who are clueless.
If you can I would like to redirect your money and look at the following and donate monies to each stock in the pool of 25 stocks. If there are any announced changes you make the same changes.
https://www.youtube.com/watch?v=LcPxNO7_dxA&t=52s write down the 25 stocks in your notebook or create a spreadsheet.
My Dividend Portfolio on M1 ? https://m1.finance/9gGguPKhh this portfolio is the same as above but on autopilot and just put money into the project monthly. The dividends are then re-invested automatically.
I have the same amount of money in both portfolios.
https://www.m1finance.com/ they have Custodial Accounts for the children. Something to think about.
At the age of 32, the following young man is a millionaire. He dumps a lot of money in one of his favourite stock VTI. However, I would swing trade and make more money. This month he is losing a few dollars.
Let’s look at the other side of a 3 sided coin and be prepared if and when the market starts to crash.
The 6P’s apply.
- Proper Preparation Prevents Piss Poor Performance- - - - - - - - From the US Marine Officers Handbook.
Bbug, take your tyme in digesting the above information. We only scratched the surface.
Quillnpenn - a poor church mouse scratching for a living as a Swing Trader for over 45 years.
------------ Vision - Multi-Millionaire…Goal - earn 1.3% - 2.5% compounded Daily
“Buying from the Scared, Selling to the Greedy”
“in tribute to all who seek to record their ideas and share them with others”
ps. re: 2%, I am on line 91 as of today 1/21/22. Achieved my Vision with AAPL, MSFT, and SPXL via Simon Sez. 2/2006-2014, 12/2014-2022.
You are welcome to backtest at your leisure. Start with 50K down.