This past trading week I sold 1 share of Hewlett Packard and 2 shares of Best Buy.
|Company||Ticker||Buy Price||Sell Price||Difference||Dividend||Fee||% Gain|
|Hewlett Packard, Inc.||HPQ||$11.99||$12.25||$0.26||$0.12||$0.01||3.25%|
To determine the % Gain, I used the following equation.
=(Difference + Dividend + Fee)/Buy Price.
I bet HPQ because of the recent company split. I didn't have a lot of money left in my Robinhood account to buy new stocks last week, and I saw that HPQ had an upcoming dividend. My Chromebook is made my Hewlett Packard, and I wouldn't have bought an HP Chromebook if I didn't think it was a good brand.
Coincidentally, I bought my Chromebook at a Best Buy, and this was the other stock I sold this week. I bought Best Buy for the dividend. I do have some concerns holding this stock long term, but I find myself still going to shop there occasionally. Because of this, I was OK with buying the stock short term.
I should be selling my other stocks, but I really don't want to sell for a loss right now. I know eventually the share prices will go back up, I just need to be patient. Opportunity costs are screaming right now, but I'm not really listening.
I did not buy any new stocks this week.
Below is information on my year-to-date (YTD) investing numbers.
|MITCH Investing - 2015|
|Dividend % of Gain||17.28%||10.52%|
|Overall % Gain||9.58%||11.24%|
You can click on the investing tab or here to see what stocks I currently have in my Robinhood portfolio.