We Fell Below $10k - 3.20.2020

We Fell Below $10k - 3.20.2020


Today was my first day off work because of our quarantine. This gave me time to watch the market if I wanted to on a Friday for once. Surprisingly, I didn't really watch it at all because my M1 Finance app was acting buggy all day and giving me fits. None the less, I will still provide and update because I need to keep myself as busy as possible during this shut in!

M1 Finance

This portfolio fell below $10k finally. I was wondering when it would happen because it was only a matter of time. It's nothing we can't make back up over time, but it for sure is going to take a while. If you recall, I stopped pumping weekly deposits into this account and now I just let the dividends build back up. So technically, if we re-invest only dividends it is technically is going to lower my average price by a lot and help bring this portfolio back into target range (or you know... no longer negative).

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Worthy

We now have 252 bonds in the account. This is the same as 35¢ each day! Worthy did just announce that we no longer need to accumulate $10 to reinvest into another bond to begin earning interest on it. They have stated that we can earn our 5% interest rate on ANY amount of interesting sitting within the account. This is huge for compounding, especially since Worthy accumulates interest daily. Over time, this will help snowball these earnings even faster! 

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Bumped

Nothing new has fallen in recently. And it's likely to stay that way for a while because we will not be going anywhere for a long time if our tests come back positive. If anything, we will have some Uber fall in from Uber Eats orders. In the meantime, I will post the screen shot of the total portfolio so you can see how much has shifted over the past week as far as value and holding size goes in comparison to the whole portfolio.

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BlockFi

We managed to stay about $1000 in value here. Last night, $10 fell into Coinbase as USDC so soon I will be able to transfer it out and into BlockFi. The settling period is probably my biggest complaint and it may have me looking to make to buying my assets somewhere else. Uphold and Voyager are looking pretty juicy because of this. We will see what is more efficient.

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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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