Can I Get Some Of That... Stimulus Package? - 3.23.2020

Can I Get Some Of That... Stimulus Package? - 3.23.2020


So the US Senate decided not to pass a bill that would give the US people some sort of relief during this pandemic. They actually voted against it twice! I am not entirely sure how a lot of small businesses are going to stay a live if we aren't able to support them as easily financial. I'm not saying I have a perfect solution for our current crisis, but I would just like to see something done. I wasn't banking on a stimulus check but it would have been refreshing to get a little aid. I'm not trying to get political here so I apologize if that came off as a strong way to start the recap! What I am wanting to point out is that this news negatively affected my portfolio today (what doesn't these days, am I right?).

M1 Finance

PepsiCo was our only gainer in the portfolio today. I think a little bit of this had to do with the announcement of some new South Africa brands. We love to see good news these days, especially when it is about companies expanding! Our biggest loser, and we can almost call them out each day, was GAIN. It's almost down to 50% of what my average buy-in price is. That's scary to think about but I think their dividend is going to stay the same (knock on wood) so I will be able to get some cash flow from this holding still.

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Worthy

It is taking a while for new bonds to fall into WPC II but that's okay because I am still earning interest on all the bonds from WPC I. We're a little over $82 in interest earned and that is only going to increase. If we're being honest, I was hoping to park some cash from the stimulus package into this account to have a little more exposure to bonds and less to my sinking M1 portfolio.

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Bumped

Yeah, this account is going to come to a grinding halt for a little bit. Not being able to go out since last Thursday has really stopped any new transactions from falling in. The last transaction was a large Taco Bell purchase from Tuesday I think. Either way, we can at least watch the value of the portfolio fluctuate on the daily market swings, which is sorta fun in itself to watch.

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Bits Of Stock

This is a new portfolio! Bits is a similar service to Bumped. I only started it two weeks ago so it hasn't had time to grow. It works in the same way Bumped does but it allows you to pick from 15 different merchants of your choice. With this freedom comes to trade off of lower rewards, but it is still better than nothing. I am piloting to see how well this platform behaves and how quickly it adds up. Hopefully you guys won't mind following along as well!

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BlockFi

BTC has gone up a bit today making the account value look a bit better. I was thinking about adding some of that stimulus check to USDC and putting it in here as well but it looks like that plan is going on the back burner for now. We're getting a decent amount of interest for the month. I am hoping it will reach about $5 once we arrive at April. Not much for a single account but if you add it to the interest from my other accounts it'll start to look much larger overall!

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CryptoSnarf
CryptoSnarf

Snarf, but with a hint of #crypto


Personal Finance and Investing
Personal Finance and Investing

I really enjoy talking about personal finance. I like to share my insights with others' as well as learning from others. I also like to share my financial and investing journey with other people.

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