Saturday, January 20, 2018

Performance Update of our Top 5 Favorite Stocks: Vol. II

How are our Top Favorite 5 Stocks doing?  Below is the current performance since our last update (performance from 11/15/2017 to 1/20/2018)

1. WWE: up 23.59%
2. AAPL: up 4.3%
3. F: down 0.33%
4. SHOP: up 11.16%
5. AMZN: up 13.83%

Average of our Top 5 Stocks: up 10.51%
By comparison the S&P 500 (IVV) is only up 8.51%

We also want to give a special shout-out to Oprah and WTW, up 43.08% over the same time period.

Thursday, January 4, 2018

New Year, New Gains!

Happy New Year fellow Stockblowers! Here are a few tips to start off 2018 right:

  • Now is a good time to think about contributing to your IRA. Most people can contribute $5,500 for the 2018 tax year. By contributing now, the money can grow all year!

  • For all the procrastinators, you can still make an IRA contribution for the 2017 tax year. The deadline is 4/17/18.

  • If you held off on selling stocks during your portfolio review last year for tax reasons, revisit those stocks and see if now is a more appropriate time to sell.

  • Tax season is just around the corner, so get ready for it by talking to your financial advisor. Don't just look back at last year, plan for 2018.