what's better than $100 $600 let's get it
welcome back to the Robin Hood investment challenge let's jump right
into the rewards so the first reward is by two white so thank you I'm gonna open
this one right up in the middle come on Berkshire Hathaway and I got aks steel
it is worth two dollars and 95 cents I'm going to open another free stock reward
from Malik mr. Malik let's predict that this one will be
Apple so I've been trying to get these really rare rewards but it does not look
like it's gonna happen I've been getting all these smaller type companies aks
steel I've bet I've gotten that so many times all right mr. Victor thank you
let's open this one on the right I think Robin Hood has a conspiracy to only give
me really crappy stocks so xanga another stock that I've gone many many times all
right Stanley mr. Stanley thank you Apple come on baby and I got another
share of Groupon like how I've gone it's so many other times I'm gonna open these
stocks in another episode so stay tuned and subscribe if you want to check that
one out if you guys didn't already know I am Bruce Wannng welcome back to the
channel this is the Robin Hood investment challenge I've been doing
this challenge since September and right now my account is worth three thousand
one hundred sixty two dollars and every week I deposit $100 into my account I
buy I sell and mostly I collect dividends and that is how I've grown my
account in the last six months on the week I am down thirteen dollars on the
month I'm up two hundred thirty dollars on the three-month chart I'm up four
hundred dollars on the one year chart I'm up four hundred twenty dollars and
on the all-time chart I am down thirty-three dollars
one day this will be back in the green trust me on that I'm gonna do everything
in my power to get this back into the green before I get into my main topic if
you guys are enjoying the video right now don't forget to drop me a like down
below thanks for the main topic of the video I want to go over two things the
first thing I want to go over my brand new strategy and the second thing I want
to show you guys an email i received from robin hood in my last video I told
you guys I did not know what I was gonna do with all of these free rewards that
I've been getting on Robin Hood and I've decided that I will be selling off
everything because all of these rewards given to me by Robin Hood they just suck
and and every day I just see them losing value time and time again a lot of the
stuffs that I've opened up today I've already sold for example Groupon
I've sold probably five to ten shares of Groupon already xanga I've sold over 10
to 12 shares of xanga just the other day a case steal I probably sold 10 shares
of a case deal as well one thing that I want to point out is that you cannot
sell a reward on the first day that you received it I would have to wait one to
two days if I want to sell any of these shares and with all the cash that I'm
gonna be getting from these crappy rewards I'm gonna put them into blue
chip stocks and I'm gonna put some of them into monthly dividend stocks I
started to sell all my rewards since yesterday and I I believe that ivory I
sold about $100 worth of rewards with that being said I spent a lot of that
cash on a TNT at the moment 80 is worth twenty nine dollars and ninety two cents
and they have a crazy dividend yield of seven percent and at the moment I do not
know if that is even sustainable with that being said AT&T might be
undervalued at the moment and if AT&T can continue to pay out this dividend
yield I believe that their price will start to go up and that is why I bought
one share of 80 yesterday and you guys know I love my monthly dividend stocks
so I had to show s PhD some love about one share of s PhD yesterday at 42
dollars and 12 cents s PhD is a mutual fund that pays out
monthly dividends and that attracts a lot of investors right now their
dividend yield is 4.4 percent I got in with an average cost of forty dollars
and eighty-eight cents I've been buying this stock all the way since September
so we have a really long term shit my total return on s PhD at the
moment is almost twenty-five dollars another stock that I bought yesterday
was LCC properties this is a REITs and it's also a monthly dividend stock
dividend yield is at five point four percent and currently my total return is
about negative one dollar on this stock so in the past few weeks this stock has
been going up and down in value but I have averaged my way in and my average
cost at the moment is $44 and 19 cents the other two stocks that I bought
yesterday were P SEC and agency right now I have 200 shares of prospect
capital this was my original goal I wanted to have 200 shares so the equity
right now I'm in 1328 dollars average cost of six dollars and seventy two
cents so this is worth 25 percent of my portfolio this is one of my largest
holdings this is the largest holding in my portfolio there's always a lot of
love and hate for prospect capital but I think that prospect capital is a great
investment for myself for other investors I can't say so I'm not gonna
tell you to go by prospect capital so at the moment my total return is negative
15 dollars I normally see this about once a month the price will start to
drop after everyone collects their monthly dividends and right before the
ex-dividend date the price will start to rise up a bit dividend yield is 11% that
is really high and really risky guys so just know your risk tolerance before you
do any investing in any type of stocks just know your risk tolerance agency
investments my ultimate goal is to have a hundred shares of Ag NC investments
right now I'm at sixty-five shares equity at the moment is 1100 $42 and
this is my second largest holding in my portfolio it is 22% of my whole entire
portfolio my average cost for a GNC is about eighteen dollars right now it's at
the price is seventeen dollars and 58 cents and total return is negative
twenty-six dollars and seventy nine cents if you're gonna invest in two
agency no that is a high-risk play this usually tends to have the same sight
type of cycle as P SEC the price starts to dip after everyone
collects their dividends and before the ex-dividend date the price will start to
rise up higher that's what I've seen in the last two months and I've owned these
two stocks after I hit 100 shares of agency I'm going to stop investing in
that company and start to put my cash into a lot safer investments I like to
mix it up to have some risky investments and a lot more safe investments the
second topic that I want to go over for my video is this email that I got from
Robin Hood I'm going to quickly read off this email for you just in case the
detects is too small it says congratulations you've invited 106
friends to Robin Hood that's crazy earned about 500 in free stocks and
cemented yourself as top Robin Hood influencer at this point you'll stop
receiving free stocks because the next one would cross the 500 limit however
you can still invite your friends and they'll still get a free stock one-day
joint so after I've received this email I've been questioning Robin Hood's
reward system I'm wondering why I have to scratch off all these rewards like
you saw earlier in the video it seems like I'm not going to be getting any
rare stocks because they've already gave me a value on all the free stocks that
I've owned if I scroll through here you can see that I have a lot of unopened
stocks from my subscribers so I'm questioning why Robin Hood does this why
do they give you a chimp why do they say they'll give you a chance to get a free
stock that is worth over $200 if they're only gonna give me all these stocks that
are only worth like $2 to $5 it just doesn't make any sense and I and I think
that these rewards are already predetermined so there's really no
reason to scratch off the rewards one day when they give you that problem at
the moment this is just a theory of mine I'm not sure if this is something
controversial I'll still be opening these rewards that I've gone from my
subscribers because because they have a lot of them and I still want to get that
one rare reward like apple or Berkshire Hathaway but I have a feeling that I
won't receive it because the Robin Hood reward system already predetermined
what you're gonna get if you guys want to learn more about dividends and the
portfolio that I have you guys can check out these videos here I go in-depth with
my portfolio and my thought process behind it you can just click this here
and it will bring you there don't forget to Like and subscribe to make it rain