14th December – Up and down but a BITW had a great day.

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 accountCompany / Share% of stocks / Crypto vs bondsDaily Change
Robo Advisor Betterment 86% -0.33%
Betterment Roth IRA90%-034%
Robo AdvisorBetterment Emergency fund30% -014%
CryptoBitcoin100+.057
CryptoWOZX100-4.5%
ETFBITW100+55.41
Mutual FundVTAX100-0.28

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.

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