Performance (@ USD/BTC = $84,000)
Jeremy’s Portfolio (Return of -14.80%)
Bitcoin (Return of -8.34%)
Commentary
Added an extra $150 to the portfolio before the end of the month. The dollar cost averaging on auto pilot is working as planned. I continued to make my bi-weekly buys saving for the future. I don’t plan on increasing the monthly investment of $80 yet. Due to an unexpected home repair adding extra fiat to this portfolio may be difficult over the next few months. The $80 a month will continue.
Final Thoughts
The market is showing weakness. Due to Trump getting into a tariff war with the world this has spoke investors and caused a massive sell off. Bitcoin sold off as well but loss to the downside isn’t as bad compared to Jeremy’s stocks (-8% vs. -14%). Jeremy is really bullish on AMD, Nike, ELF, META, and Celsius and has been buying these stocks hand over fist during this market weakness.
While bitcoin and stocks are down this will not shake me (or you if your are following along) this is how the market operates. Soon as the market gets confidence in Trump’s economic plan and what The Fed plans to do with monetary policy the market will recover which is good or can go down further which is even better for us as I (we?) continue to buy stocks and bitcoin at cheaper prices.
Until next month!