The Sass & P 500

Happy Valentines Day. I hope that the Men didn't forget and the ladies are preparing for March 14th, the worlds greatest holiday http://www.steakandbjday.com/ Fire up his loins and fire up the grill all on one magical March evening. Congratulations to the Superbowl Champs the Los Angeles Rams. I hope all of your bets hit and that no one got too intoxicated yesterday. Some takeaways from the big game: 1) Crypto currency commercials feel a lot like the 2000's dot com bubble 2) The Soprano's Chevy Silverado commercial hit me in all of the Jersey Feels In Broader Market News, the Dow Industrials closed down 171.89 or 0.49% to end the session at 34,566.17, the real S&P closed the session down 16.97 points or 0.38% to finish at 4,401.67 and the Naz closed down slightly as traders sold that index off 0.24 points or .0017%. Over in the bond markets, prices fell 2.1% and yields rose to 1.99% on the 10 year treasury as bond markets are starting to price in rate tightenin...

Disclaimer: While I have passed the series 7 and series 63 at one point in my career, anything contained on this blog is for entertainment purposes only. Nothing here constitutes real financial advice, I do not recommend engaging in any of the strategies outlined in this blog or endorse any investing stratgies otherwise, other than building a diversified portfolio which is what I am going to attempt to do here $5 at a time. It was yet another eventful day on the street as stocks went a tumbling yet again. The Dow tumbled 503 or 1.43%, the real S&P slipped 85 points or 1.9%, and the Naz was off 394 or 2.78%. In the portfolio, we added a stock that was on a fire sale due to cash flow concerns. Goodyear Tire and Rubber ticker (GT) was added to the garbage pile today as it stumbled to 15.78 to close down 5.96 or 27.44%. I made my buy early in the sell off so my position is currently hovering near the double down point of 10%. Nearly every stock in the garbage pile is currently u...

Hey all, so I promised a blog post about the initial members of the Sass&P 500 which I am going to deliver, but I also figured I should tell everyone who is reading this site a little more about myself. A brief bio. My name is Jason and I am 42 years old, I grew up on the Jersey Shore. I cut my teeth on Wall Street working in the Corporate Bond Markets at Bank of America as an analyst from 2006-2009 (I physically survived the credit crisis but alas career 1.0 did not). Following this, I spent 5 years in the wilderness learning the art of the sale selling new and used Subaru, Chevrolet, and Jeeps from as far south as Toms River, NJ (my home town) to as far north as Potsdam, NY. I got burned out after 5 years of the grind, and decided to re-invent myself for Career 3.0 which is where I am now. After burning out, I decided to completely reinvent myself. I went back to school and got an MBA at the crusty old age of 40 from Clarkson University in Potsdam, NY #letsgotech. I am...

Disclaimer: While I have passed the series 7 and series 63 at one point in my career, anything contained on this blog is for entertainment purposes only. Nothing here constitutes real financial advice, I do not recommend engaging in any of the strategies outlined in this blog or endorse any investing stratgies otherwise, other than building a diversified portfolio which is what I am going to attempt to do here $5 at a time. There are currently 9 stocks in the portfolio with an additional 3 to be added at the open. Full details after the closing bell today including initial investments, returns, and rationale for why these stocks are included in my blindly bullish attempt to create my own index.

Disclaimer: While I have passed the series 7 and series 63 at one point in my career, anything contained on this blog is for entertainment purposes only. Nothing here constitutes real financial advice, I do not recommend engaging in any of the strategies outlined in this blog or endorse any investing stratgies otherwise, other than building a diversified portfolio which is what I am going to attempt to do here $5 at a time. About me: For as long as I care to remember, my friends and my family have called me Sassy (as a nickname, but also a lifestyle). For those who aren't aware, the S&P 500 is the name of the Standard and Poor's index of the 500 largest stocks in the North American markets weighted by market cap. My goal on this blog is to create the Sass&P 500 as I am definitely poor but would like to not be anymore. I am a compulsive user of $cash app. My wallet was lifted off of me in my travels between northern New York and my current home on the Jersey Sho...