- [Narrator] So I put this poll out on my YouTube community
page yesterday and asked you guys whether or not
you want me to do a quick update video
on the $5,000 I invested in my M1 Finance portfolio
on Monday, and the vast majority of you
wanted to see this so that's what we're gonna
do in this video is very quickly cover
exactly what stocks I purchased yesterday,
what price I bought them for and we're gonna
do a more comprehensive overview of these new companies
in the next episode, but what I decided
is that if I'm ever adding more money
to this portfolio out of the blue,
I will do an update video for you guys
and share this with you and explain
what did I buy and at what prices?
Now obviously guys, I've said this in every video,
I will say it once again.
This is for entertainment purposes only
and I am not a financial advisor,
but I do know that it can be helpful
to see what other people are doing
when it comes to investing.
You may not pick the same stocks as me
which is totally fine, but you may see
that I am buying or that other people
are buying, and it might be helpful
to see hey, what is the general consensus
of what people are doing right now?
And if I uploaded this video three weeks later,
it's not gonna be as beneficial to know
that hey, I dumped $5,000 into the market
three and a half weeks ago,
and it's not gonna be very helpful.
So that being said, I hope you guys
are happy with this outcome.
If not, I apologize, maybe don't watch this video
and I'll catch you in the next update.
But that being said, let's jump into my M1 portfolio
and talk about what stocks I purchased.
So here we are inside of my M1 Finance portfolio.
As you can see I have $25,000 invested
and if you wanna learn more about how
to build a portfolio with M1 Finance,
I've got a free training down in the description
below you should check out.
It walks you through the process step
by step of how to get started with M1 Finance
and begin investing.
Now that being said, if we take a peak over here,
you can see some brand new additions to my portfolio.
Number one being American Airlines stock
which to me was a screaming buy yesterday.
And then number two is Dunkin' Brands
which owns Dunkin' Donuts and Baskin-Robbins.
Now we're not gonna do an overview
of these companies in this quick update,
I just wanna show you what my money was used
for when I dumped $5,000 into the market
in addition to the normal $500 I do per week.
And coming in the next update, I will talk more
about why I bought these two particular companies.
Now as far as Dunkin' Donuts goes,
I've been waiting for a good buying opportunity
for quite some time.
This is a company that I love.
I've used their coffee products all the time
when I'm being lazy and I don't wanna buy food or make food.
I will go buy Dunkin' Donuts, and I was really just
waiting for a substantial dip to occur to buy this stock.
The last good buying opportunity was back
in 2018, and although it did come off the highs here
in early 2020, it still wasn't a good enough
buying opportunity.
Well when we saw this massive dip occur here,
I jumped in and did a starting position here
of Dunkin' Donuts stock.
And then my decision to buy American Airlines stock
dies, the chart should state it all.
If we look at the last six months,
this was a 27 to $30 stock and it dropped
to $18 per share which in my opinion is nonsense.
Yes they're going to have some problems
with travel restrictions and people
aren't gonna wanna travel right now because of coronavirus,
but this is all short term in my opinion.
I felt that American Airlines was a screaming buy
so I bought into shares of this stock as well.
So if we look at my portfolio activity here,
you will see I had a 5,000-dollar deposit on the 28th
and my normal 500-dollar deposit on the 2nd,
which resulted in five buys on March 2nd
in the amount of just about $5,500.
So now let's take a look at what I bought,
what I paid for these shares and then
at the end of this video, take a peak
at my portfolio to see whether or not
it is up at all, whether it's down further
'cause in the last video as you saw,
it was down almost 22%.
So the first purchase here was shares of Apple stock.
I spent $475.08 at a share price of 280.66.
Next up here if we take a look, there was Dunkin' brands.
I ended up buying just about $2,000 worth
of this stock at a share price of $67.54
which I believe is a bargain based
on the way the stock has been trading.
This is more than just a one-year low here with this stock.
Moving on here we had purchasing of American Airlines
at 1784 per share.
I mean that was quite the opportunity in my opinion.
I bought just about 110 shares, $2,000 worth.
Then I also purchased a couple of shares of Microsoft here.
I bumped up my allocations of Apple and Microsoft
so more money flowed into these stocks.
At a share price of 163.55, about $500 went into this stock.
And then lastly here we have National Grid,
you know I bought about 10 shares
at a cost of $64 per share, so this in total
makes up my $5,500 investment in my portfolio
that happened on Monday.
Now let's look at my holdings and see
what kind of impact this purchase made on my portfolio.
So if you guys recall from the last episode,
I was down about 22% in this portfolio,
now I'm only down at about 13.5, 14% or so.
And even this morning I was only down 12%.
So I was able to significantly cut back
on my losses here by buying the dip.
So right off the bat, I'm already up
about 4% in American Airlines, 2.75% in Dunkin' Donuts.
I'm up 4%, about three and a half percent in Apple.
3% in Microsoft, about break even for National Grid.
I'm only down 4% for IBM, 11.5% for Walgreens,
14.69% for 3M, and of course GE is going
to be dragging this portfolio down for quite some time.
But what's important here is that by strategically investing
$5,000, I was able to go from being down 22%
to now only being down basically 14%
and I'm not saying that these stocks
won't fall further, but if they do,
I will just dump another $5,000 into this portfolio
because I had a lot of cash sitting
on the sidelines which gives me that mobility
and allows me to take advantage of sales and average down.
So anyways guys, that is my quick update there,
two new stocks in this portfolio,
American Airlines and Dunkin' brands.
Let me know what you guys think
down in the comments section below.
Do you own these stocks, do you have
any thoughts about them, I would love
to hear what you guys think.
Like I said, if you do wanna sign
up for M1 Finance, there's a link
to do so down in the description below.
I am affiliated with M1 Finance
so if you do use my link,
I earned a small commission in the process,
and like I said I also have that free training
that walks you through the process step
by step of getting started with this brokerage account.
But thanks so much for watching guys.
Let me know what you did this week in the comments.
Were you buying, were you selling?
I would love to hear what you guys have done
this week in the market, and I will see you
in the next video.