VOO, BRK.A, HOOD: Partial Purchases

 Investing in stocks is one of the most powerful ways to build wealth, offering the potential for long-term growth and income generation. Whether you’re interested in ETFs, blue-chip stocks, or high-growth tech companies, each purchase plays a role in shaping your financial future. Here’s a summary of recent partial stock purchases and a closer look at how they fit into a larger investment strategy.

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Recent Stock Purchases

1. Vanguard S&P 500 ETF (VOO)

   • Date: November 19, 2024
   • Quantity: 0.92916 shares
   • Price: $538.12
   • Total Notional: $500.00

   VOO gives exposure to the 500 largest U.S. companies, making it a stable, diversified choice for long-term growth. It’s a cost-efficient way to mirror the market’s performance and benefit from its long-term upward trajectory.

2. Berkshire Hathaway Class A (BRK.A)

   • Date: November 19, 2024
   • Quantity: 0.000142 shares
   • Price: $702,260.26
   • Total Notional: $99.72

   BRK.A, Warren Buffett’s conglomerate, offers a diversified portfolio of well-managed companies. By purchasing fractional shares, I gain access to this powerhouse without needing the full $700K price tag.

   • Date: November 19, 2024
   • Quantity: 0.000143 shares
   • Price: $698,552.83
   • Total Notional: $99.89

3. Nvidia (NVDA)

   • Date: November 15, 2024
   • Quantity: 0.718056 shares
   • Price: $140.76
   • Total Notional: $101.07

   Nvidia is a leading company in the technology space, particularly in GPUs and AI. Investing in Nvidia offers exposure to the rapidly growing fields of gaming, data centers, and artificial intelligence.

4. Robinhood Markets (HOOD)

   • Date: October 16, 2024
   • Quantity: 3.70713 shares
   • Price: $26.98
   • Total Notional: $100.00

   HOOD is a key player in the fintech sector, providing an easy-to-use trading platform. Investing in Robinhood reflects a belief in the growth of digital trading and the ongoing trend of retail investing.

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Why These Purchases Matter

Each stock purchase aligns with different aspects of my investment strategy:

• VOO (Vanguard S&P 500 ETF) provides broad market exposure, ensuring that my portfolio benefits from the stability and growth of the largest U.S. companies. It’s a low-cost, high-diversification choice.

• BRK.A (Berkshire Hathaway) offers exposure to a diversified set of businesses, expertly managed by Warren Buffett. Even with fractional shares, I gain access to a wealth-generating machine that has consistently outperformed the broader market.

• Nvidia (NVDA) represents a bet on the future of technology. With its dominance in AI and GPUs, Nvidia is poised to capitalize on the continued expansion of digital transformation, autonomous vehicles, and AI advancements.

• HOOD (Robinhood) represents a growth play in the fintech sector. As a popular platform for retail traders, Robinhood offers exposure to a growing market of younger, tech-savvy investors.

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The Role of Dollar-Cost Averaging (DCA)

A key strategy for many investors, including myself, is dollar-cost averaging (DCA). By purchasing stocks consistently over time, regardless of market conditions, I reduce the risk of investing a large sum all at once. DCA helps mitigate the impact of market volatility, while also taking advantage of market dips. Each of these purchases was made with the intent to steadily build wealth over the long term.

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Building a Diversified Portfolio

The goal with these recent stock purchases is to create a balanced portfolio that includes a mix of growth, stability, and innovation. Here’s how:

1. Stable, Broad Exposure: With VOO, I’m investing in the broader U.S. market.
2. High-Quality, Long-Term Holdings: Berkshire Hathaway and Nvidia represent strong companies with long-term growth potential.
3. Growth Opportunities: Robinhood provides exposure to the emerging digital trading space.

Together, these stocks form a solid foundation for both growth and stability.

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Looking Ahead

As I continue to build my portfolio, I’ll keep looking for opportunities to diversify and adapt to new trends. The goal is to stay committed to long-term growth by investing in companies and sectors that I believe will thrive in the future.

What’s your strategy for building a diversified stock portfolio? Share your thoughts or any questions you have about investing in stocks below!

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Disclaimer: This blog post is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.

NVDA Recurring Buy: Consistent Investing in NVIDIA: Tracking Progress and Accumulation over Time

 Investing in a high-growth stock like NVIDIA (NVDA) can be both exciting and rewarding, especially when employing a dollar-cost averaging (DCA) strategy. By making consistent, small purchases, investors can mitigate market volatility and accumulate shares over time, leading to long-term wealth generation.

Key Highlights:

• Consistency: Over 37 separate days, I invested in NVIDIA with daily contributions of $40. Regardless of the daily price fluctuations, this approach ensured that I continued to build my position steadily.
• Average Purchase Price: The average price I paid per share was approximately is lower than current Market price. This price reflects both the peaks and troughs of the stock’s performance over the period, showcasing how DCA helps in averaging out the cost.
• Total Accumulation: By committing to daily investments, I have accumulated a total of 10.17 shares of NVIDIA, gradually building my stake in a tech giant that’s leading innovations in AI and GPU technology.

Why Dollar-Cost Averaging (DCA) Works

DCA is a powerful strategy for investors who want to build wealth over time without the stress of trying to time the market. By investing the same amount consistently, DCA enables investors to buy more shares when prices are low and fewer shares when prices are high, effectively averaging out the purchase price over time.

Looking Ahead

As NVIDIA continues to innovate and expand its influence in fields like artificial intelligence, gaming, and cloud computing, holding a position in this company aligns with my long-term growth objectives. This consistent approach is not only reducing the risk of market timing but also helping me stay invested in a company with tremendous growth potential.

Conclusion

Investing consistently over time has allowed me to build up a significant position in NVIDIA. This strategy, known as dollar-cost averaging, can be particularly effective in managing the risk of market fluctuations and ensuring steady portfolio growth.

My Portfolio with Recent Dividend Hikes in ABBV, Visa, and Starbucks

 I'm always on the lookout for updates on my portfolio that boost long-term growth. This month brought some fantastic news: three of my key holdings — AbbVie (ABBV), Visa (V), and Starbucks (SBUX) — announced dividend increases, and it's already showing a promising impact on my portfolio.

Here’s a breakdown of the recent dividend hikes:

1. AbbVie (ABBV) raised its quarterly dividend from $1.48 to $1.55 per share. , this adds about $19.18 to my annual income.

2. Visa (V) bumped its quarterly dividend from $0.52 to $0.59. This increase means an additional $7.18 annually .

3. Starbucks (SBUX) increased its quarterly payout from $0.57 to $0.61, which adds $12.51 .

What This Means for My Portfolio: With these dividend hikes, my annual income grows by $38.87 without any additional investment on my part! This is the magic of dividend growth investing: as companies raise their payouts, my income compounds, growing my returns over time. Every dollar counts in achieving my long-term goals, and these increases contribute to my larger strategy of building wealth through consistent, passive income.