Real Wealth Stock Purchase – VWO (September 10, 2018)

by FI Fighter on September 10, 2018

in Stock Purchases

Thanks for voting everyone! The first Real Wealth Stock Poll concluded this weekend, and with funds already transferred to my brokerage account, I was able to pull the trigger and make a purchase this morning for 10 shares of Vanguard FTSE Emerging Markets ETF (VWO) at $39.94/share.

Learn more about the composition of VWO.

From Vanguard.

Although I did receive donations of $418.90 for the month of August, unfortunately, I didn’t have sufficient funds to purchase more shares of VWO.

I bought as much as I could…

And to my knowledge, VWO isn’t like Bitcoin (BTC) where you can chop it up and buy fractional shares…

So, it is what it is…

I’ll keep the remaining balance in the account and use it along with next month’s income to purchase the next round of shares… In any case, I will admit I’m very pleased VWO won the most recent poll, as I’m always a fan of buying shares at 52 week lows, even if, yes, things “can get a lot worse/uglier from here” for Emerging Markets…

Here’s a 1 year share price performance chart for VWO.

And my most recent tweet announcing today’s purchase.

 

Please don’t laugh — This is just the starting point of my new journey.

 

And this is exactly why people (like myself) need to remain humble in life… When you think you are hot shit and start to get even a little smug, go attempt something new that you aren’t good at… That’ll pull you back down to reality in a hurry.

 

At my apex, I used to be able to generate $200k/year in salary… These days, I’m “raking” in ~$400/month.

 

But we all have to start somewhere!

 

So, in many ways, I hope this next phase of my life will serve as inspiration/motivation to someone else out there on the path to early FI.

 

Keep your head up, just keep going, and don’t quit.

 

Fight On!

{ 6 comments… read them below or add one }

1 PonNo Gravatar September 10, 2018 at 4:45 pm

You Sir, are a baller.

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2 FI FighterNo Gravatar September 10, 2018 at 5:10 pm

lol beats being a gambler I suppose 😉

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3 Nicholas C. MilNo Gravatar September 11, 2018 at 2:49 am

How are you paying bills and living with 400 a month?

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4 FI FighterNo Gravatar September 11, 2018 at 11:31 am

Nicholas,

$400/month is my earned income online via donations for last month.

If you are new to the blog, you can check out the “Start Here” tab and you’ll have a better understanding of my history.

Cheers!

Reply

5 StevenNo Gravatar September 12, 2018 at 5:22 am

The mutual fund equivalent (VEIEX) lets you buy fractional shares (albeit with higher fees until you hit $10k invested) 🙂

Reply

6 AndreasNo Gravatar September 13, 2018 at 11:28 pm

„When you think you are hot shit and start to get even a little smug, go attempt something new that you aren’t good at…“ Love it! Gotta learn to stay humble in the heat of success. One important part of character i still have to learn and Master.
Thanks for beeing so open even about failures. Thats what differentiates you from others and thats why i am following since about a year.
Cheers from one of those europeans following u. ???????????

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