Tough week on my stocks this week as Reddit takes on the Hedge funds of wallstreet.
My Moves
This week I made a few different moves
- Open Roth IRA with E*Trade the reason I did this I will cover in a different post but its linked to capital gains
- Invested in pre sale of Mindsync
- Brought a small qty of DOGE during the pump and doubled my money in a few hours.
- Brought and sold BB shares.
One mistake I made was buying and selling GME and not holding it as I feel the squeeze is coming this week.
| Type of account | Monday | Tuesday | Wednesday | Thursday | Friday | Overall Weekly Gain | Overall YTD Gain |
|---|---|---|---|---|---|---|---|
| Betterment Brokerage | +0.15% | -0.28% | -2.04% | +0.66% | -1.67% | -3.7% | -1.03% |
| Betterment Roth | +0.14% | -0.29% | -2.14% | +0.70% | -1.75% | -3.34% | -0.57% |
| Betterment Emergency fund | +0.13% | -0.1% | -0.77% | +0.25% | -0.62% | -1.11% | -0.34% |
| LIT | +0.49% | -0.82% | -3.32% | +0.72% | -4.56% | -7.49% | +8.91% |
| HAIL | -1.3% | +2.21% | -4.52% | +0.43% | -2.7% | -5.88% | +7.12% |
| BETZ | -1.02 | -0.96% | -4.22% | +2.86% | -2.71% | -6.05% | +5.03% |
| MSOS | -1.37% | -3.73% | -5.88% | +2.88% | -0.96% | -9.06% | -7.5% |
| VTSAX | +0.26% | -0.31% | -2.59% | +1.02% | -1.82% | -3.44% | +2.17% |
Stocks
This week was not a good week for stocks. Everything lost money. The wallstreetsbets Reddit community took on the short sellers on GME / BB / AMC along with others. Robinhood became very unpopular by restricting the buy of shares and limiting purchases of a lot of WSB favorite shares. After the events of this week I am going to be withdrawing my funds.
I expect the week ahead to be very volatile as well.
Crypto
There is 2 IEO that I looking at. As I see this is where the opportunity is assuming I pick the right ones.
Mindsync – This is a blockchain built around AI. At the moment they are doing there public sale. You can buy there tokens at a discount though their website www.mindsync.ai
Ideaology.io – This is a blockchain built around freelancers its available to purchase pre exchange on www.bitcoin.com. Being in the US I cannot use Bitcoin.com but they will list on www.p2pb2b.io on the 6th Feb.