Disclaimer: I am not a financial professional. This my own personal, uneducated journey through the stock market. Do not use this blog for financial advice.
I purchased my May stocks a couple weeks early. I bought one share each of ThredUp and Cricut, both of them new on the market. Why? Because crafty things are fun and I’m getting bombarded while I watch YouTube with Youtubers sponsored by ThredUp. I don’t think Cricut was the best choice at the moment, who has the money to buy super expensive craft gadgets in this COVID economy? But then again, one of my girlfriends recently bought one, and she’s loving it. I almost bought one myself. ThredUp is an online clothing thrift store and I’m seeing it come up a lot on Youtube through sponsorships. Because these were American companies, I had to pay a currency exchange rate on the stocks.
I’m going to post a chart of how my stocks are performing below. Under the total column you’ll see the bottom line. I use WealthSimple for my trading platform. They don’t charge broker fees, but they do charge currency exchange fees. So some of these stocks aren’t doing as bad as they seem, because if they were in USD, I had to pay an exchange fee. If it’s a Canadian company, there were no fees for me. For example I bought Vizio for $21.47, but with the currency exchange, I ended up paying $27.44. So even though I’m down $4.30, the stock has been going up. Not Wish though. Wish has been performing the worst.
The bottom line is in the total column. So far I’m down $38.81. I haven’t had my stocks for very long, so there’s still a chance that they will do great… even Wish. I also buy stocks instead of play the lottery. The stock market is gambling for me, which is why I stay close my $30 a month limit.
| Stock Tracking Chart | ||||||
| Stock | Stock Code | Purchase Date | Purchase Date Price | Current Price | + or – | Total |
| GFL Environmental INC | GFL | 01/14/21 | $38.17 | $41.67 | $3.50 | -$38.81 |
| Wish | WISH | 02/01/21 | $41.44 | $13.69 | -$27.75 | |
| Bombardier Class A | BBD.A | 02/19/21 | $0.84 | $1.12 | $0.28 | |
| Bombardier Class B | BBD.B | 02/19/21 | $0.58 | $0.90 | $0.32 | |
| Psychadelic ETF | PSYK | 02/24/21 | $10.71 | $8.30 | -$2.41 | |
| Pactive | PTVE | 03/02/21 | $18.64 | $13.94 | -$4.70 | |
| Vizio | VZIO | 03/29/21 | $27.44 | $23.14 | -$4.30 | |
| SEMrush Holdings INC | SEMR | 03/29/21 | $15.30 | $16.17 | $0.87 | |
| ThredUp | TDUP | 04/20/21 | $20.28 | $19.38 | -$0.90 | |
| Cricut | CRCT | 04/20/21 | $26.72 | $23.00 | -$3.72 |
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