As a stock trader and investor who’s been struggling this year, I know how choppy the waters can be during a bear market.
Add to that the fact that the gigs have been fewer this year, and you have a musician and stock trader who’s been struggling overall.
Hope For The Future
Granted, I have hope for the future, and I continue to work hard at boosting my earnings. If anything, I’m glad to be self-employed and practicing Zen and frugal living.
Still, we press on, but my $1 million dollar challenge still stands and I continue to work on it.
Winners and Losers
The portfolio has been suffering as of late, but let me identify today’s winner and loser.
Lockheed Martin (LMT)
Lockheed Martin has been in beast mode lately! Wow, I’m glad I got back in! I have owned LMT in the past and it’s a great company to invest in and they offer a very decent dividend to its shareholders.
LMT is today’s portfolio winner, both daily and overall.
Google, Inc. (GOOGL)
Even though Google had a winning day today, I made the mistake of getting in at the top of the last trend, thinking it would get higher. I might’ve read somewhere that this stock was going to hit 1K, and as hindsight is always 20/20 vision, people online always talk the talk. As my advise to all, take stock advice with a grain of sand. It could bit you in the behind!
Regardless, Google (GOOGL) is my portfolio loser and I am down 8% on this stock, which is a hefty amount of money.
But today, it was a winner too.
In the end, both LMT and GOOGL are outstanding companies, and in the long term, their stocks will continue to perform. So I continue my buy-and-hold stance with these stocks.
I’ll share more portfolio updates, so stay tuned .:.