Stocks started the day up about 0.8% but ended at a loss over concerns about further lockdowns. Sold NIO and brought into BITW
NIO no more
I started the day by selling my NIO shares whilst I believe electric cars are the future. I don’t believe NIO has that much growth in it. I am not sure a Chinese car will be very successful in Europe and the US. Their cars are nice but for the cost i would prefer as Tesla.
I brought NIO at $25 and sold at $41 so made a profit although as I have not held them for a year so will pay short term capital gains on my profit.
BITW is my new favorite
I put all the funds from NIO into BITW which is a Crypto index fund its only been available to US investors a couple of days and today was up 55%.
|Type of account||Company / Share||% of stocks / Crypto vs bonds||Daily Change|
|Betterment Roth IRA||90%||-034%|
|Robo Advisor||Betterment Emergency fund||30%||-014%|
Everything else today was a loss. Tomorrow is pay day so my plans for tomorrow are
Lets hope for a green day tomorrow with more growth.