Josh Rossenbach

Day 8: Tumultuous

After taking a week off work and ending up sick with my brother-in-law in town, I tried not to watch stocks too much over the past week. The few times I did check in it seemed like I was bleeding out about $50 every day from my account. Catching up on the latest news andContinue reading “Day 8: Tumultuous”

Day 4: CGC again…

I’m on vacation this week spending a few days with family in town. As I check my positions pre-market I see things looking green. Excited for the day, it seems like my trepidation from Friday was all for nothing. Then, the market opens. By an hour after market open, CGC is down between 5 andContinue reading “Day 4: CGC again…”

Day 3: My First Green

I can’t believe it! My first positive day! Today’s Positions Canopy Growth Corp. (CGC): 40 shares @ $28.10 (2.78%) YETI Holdings, Inc. (YETI): 10 shares @ $27.69 (2.56%) Baytex Energy Corporation (BTE): 200 shares @ $1.315 (3.54%) Microsoft Corp. (MSFT): 1 share @ $136.13 (1.83%) Robinhood account value is now sitting at $1,850. Now I’mContinue reading “Day 3: My First Green”

Day 2: CGC Meltdown

How does a company lose $1 billion in three months? Ask Canopy Growth. I was thinking just yesterday morning, as the world markets were tumbling, that I view Canopy Growth as a great long term stock that has huge potential. So I did not want to sell out of my position in CGC just dueContinue reading “Day 2: CGC Meltdown”

Day 1: The Crash

What a day to pick to start my journey of trying to double my fun money. What started as $2,053 has quickly become $1,878. Markets are absolutely tanking today. S&P 500: -85.72 (2.93%) Dow Jones Industrial Average: -800.49 (3.05%) Coming into the start of this journey, I had a few positions that I have beenContinue reading “Day 1: The Crash”

Historical Trades: KO

Aahhh Coca-Cola. The second stock I ever purchased. I remember reading in various books and articles about stock market veterans like Warren Buffett who would decide to buy shares because he found that he really liked going to McDonald’s for lunch (I’m sure, in addition to a litany of other metrics that fit the bill).Continue reading “Historical Trades: KO”

Historical Trades: CMG

Ah Chipotle, the very first stock I chose to purchase way back in 2016 in my fun money account. Actually, this company single-handedly motivated me to open up a trading account for my fun money in the first place. From late 2015 to the middle of 2016, Chipotle Mexican Grill, Inc. had sold off fromContinue reading “Historical Trades: CMG”

My History with Trading

I’m not a particularly astute trader. That’s why I’m such a believer in Warren Buffett’s advice to stick with low cost index funds for our family’s retirement. I don’t spend all day combing the internet for all the latest information from every corner of the world and try to piece together exactly how the marketContinue reading “My History with Trading”

Fun Money

I guess I better explain what I mean by fun money. My wife and I found very quickly after getting married that we are complete opposites when it comes to spending and saving. You see, my wife and I have our budget structured so that we each pay ourselves a bit of pocket money eachContinue reading “Fun Money”