George Risk Industries Inc.(RSKIA) Stock Analysis
I’m always on the lookout for solid values but it takes a really solid value for me to pull the trigger and actually buy something. I’m also a firm believer that research is the keystone of a good investment and I simply haven’t had time lately to get the research I want done on stocks that look interesting. That’s one of the reasons why I only own three individual securities and keep most of my money in index funds and ETFs. It’s simply easier to buy ETFs when you have no time to research individual stocks. Thankfully, I have gotten to a point where my work allows me ample time…
My portfolio – May update – snowball effect
It’s exciting to see how fast a portfolio can grow once you hit a certain dollar amount. The snowball effect is real! The market still grew this month with the S&P 500 trending up 1.77%. That doesn’t sound like a ton but even 1.77% is quite a bit of money when your portfolio sits at 400k. That milestone was hit with the last update! That sort of movement yields almost $7000 in growth at my level. That dollar total is pretty damn exciting. That means that now these types of months and even smaller ones can yield portfolio growth that’s much larger than my monthly contributions. It’s interesting that now…
My portfolio – April update – small market downturn
The markets took a brief respite from all the gains. The S&P 500 was down for the first time since October 2016. What a market downturn! It looks like people are still trying to digest the failed(and possibly soon resurrected) healthcare bill. The other question is what it means for potential tax reform down the line. Syria added another complication to the risk profile this month leading to a small haircut in US stock values. I’m actually quite surprised that the market reaction was so muted. That leads me to believe that there’s still momentum in the market that wants it to keep going up. The fact that the US…