I’m new to investing.
You know, you don’t have to invest a lot and it’s kinda fun.
If you buy one share in a company, then you own part of that company.
Know your rights as a shareholder. http://www.investopedia.com/articles/01/050201.asp
Right out of the gate, I figured I wanted to be part owner of a bank. Why not?
Second, I figured gold is gold, so why not invest in a company that invests in precious metals?
These are my 2 starters:
1 – FITBI (First Third National Bank Corp.) I bought in at 30.92$ per share on 08-01-2016
COMPANY PROFILE: Fifth Third Bancorp is a bank holding company and a financial holding company. The Company conducts its principal lending, deposit gathering, transaction processing and service advisory activities through its banking and non-banking subsidiaries from banking centers located throughout the Midwestern and Southeastern regions of the United States. The Company operates through four segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. It offers commercial and industrial loans, commercial mortgage loans, commercial construction loans, commercial leases, residential mortgage loans, home equity, automobile loans, credit card, and other consumer loans and leases. The Company offers various types of deposits, such as demand deposits, interest checking deposits, savings deposits, money market deposits, transaction deposits and other time deposits.
2 – GGN (Gamco Global Gold, Natural Resources & Income Trust) I bought in at 6.60$ per share on 08-05-2016
COMPANY PROFILE: GAMCO Global Gold, Natural Resources & Income Trust (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary investment objective is to seek capital appreciation consistent with the Fund’s strategy and its primary objective. The Fund will attempt to achieve its objectives by investing approximately 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. As part of its investment strategy, the Fund intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio. Its portfolio includes investments in sectors, such as metals and mining, energy and energy services and the United States Government obligations, among others. The Fund is managed by Gabelli Funds, LLC, which is affiliated with GAMCO Investors, Inc.
For now I’m flying with TD Ameritrade. Their site is a lot easier to navigate and understand than the New York Stock Exchange site. And they provide educational tools to help you along.
Happy investing to you.
I’ll get back when I choose my next venture.
Time’s up. I decided to back 3D printing. There’s definitely a future there. So here’s my third starter:
3 – DDD (3D Systems Corp.) I bought in at 16.15$ per share on 08-25-2016
COMPANY PROFILE: 3D Systems Corporation is a holding company. The Company provides three-dimensional (3D) products and services, including 3D printers, print materials, parts services and digital design and manufacturing tools. Its ecosystem supports applications from the product design shop to the factory floor to the operating room. Its precision healthcare capabilities include simulation, Virtual Surgical Planning, and printing of medical and dental devices, as well as patient-specific surgical instruments. Its brands include Accura, DuraForm, LaserForm, CastForm, VisiJet, Quickparts, Gentle Giant and Simbionix. Its customers can use 3D printing to design and manufacture parts. Its customers include companies and small and midsize businesses in a range of industries, such as automotive, aerospace, government, defense, technology, electronics, education, consumer goods, energy and healthcare. It operates through subsidiaries in the Americas, Europe and the Middle East, and the Asia Pacific region.
It’s been a while, but when I thought the time to be right, I invested in the marijuana market.
MASSROOTS IS ONE OF THE LEADING TECHNOLOGY PLATFORMS FOR THE CANNABIS INDUSTRY.
4 – MSRT (Massroots Inc.) I bought in at 0.98$ per share on 01-23-2017
COMPANY PROFILE: MassRoots, Inc. (MassRoots) is a United States-based company, which offers technology platforms for the cannabis industry. The Company’s mobile applications enable consumers to provide community-driven reviews of cannabis strains and products, enabling consumers to make cannabis purchasing decisions. Through its mobile applications and Web portal, users utilize MassRoots to share their cannabis content, stay connected with the legalization news and follow their preferred dispensaries. Its mobile application features dispensary finder and menus; product pages and reviews, and Sponsored Posts 2.0. It provides business dashboards featuring MassRoots’ product data in actionable formats. The Company focuses on introducing other features for users and index the network’s public content on Google for software engine optimization (SEO) value. The Company gains insights into consumer trends by aggregating data from various cannabis consumers.
5 – TVIA (TerraVia Holdings, Inc.) I bought in at 1.00$ per share on 02-15-2017
COMPANY PROFILE: TerraVia Holdings, Inc., formerly Solazyme, Inc., is engaged in creating food, nutrition and specialty ingredients from algae. The Company operates through two segments, which include Algenist, and Ingredients and Other. The Company’s platform uses microalgae to produce triglyceride oils, proteins, fibers, micronutrients and other ingredients. The Ingredients and Other segment includes the sale of its Encapso product and oils. The Company develops and commercializes products for specialty food and nutrition ingredients, animal nutrition ingredients and specialty personal care ingredients. The Company offers Algenist branded skin and personal care products. Its primary products are oils and fats; powdered ingredients, including proteins, lipids, fibers and micronutrients, and other bioproducts. The Company offers AlgaVia Microalgae Food Ingredients and AlgaPur algae oils. The Company offers a range of food oils, including AlgaWise High Stability, AlgaWise Ultra Omega-9 and Thrive.
6 – AHT (Ashford Hospitality Trust Inc.) I bought in air 6.53$ p[er share on 02-03-2017
COMPANY PROFILE: Ashford Hospitality Trust, Inc. (Ashford), together with its subsidiaries, is an externally advised real estate investment trust (REIT). The Company operates through direct hotel investments segment. It is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership, its operating partnership. Its hotels are operated under the brands of Hilton, Hyatt, Marriott, Starwood and Intercontinental Hotels Group. The Company’s hotels portfolio is asset-managed by Ashford LLC. The Company is focused on direct hotel investments and it may invest in a range of lodging-related assets. Its investments may include direct hotel investments; mezzanine financing through origination or acquisition; first-lien mortgage financing through origination or acquisition, and sale-leaseback transactions.