VTSAX Millionaire Journey #6: $80,350.50

Trading, blogging and photography were financially and spiritually amazing for me in the month of June. I had more photography jobs, more successful blog posts and more winning trades in the month of June. If every month could be like June I could retire in a few years easily.

Anyway, I know people enjoy learning about trading and the good bad and the ugly so I will do my best to stick to that. For starters, I have been much more active trying to get my day trading series under way. I only have 2 posts in the series but there will be more to come. Each post can take a lot of time to prepare and I want them to be great for my readers. Also, the reason the series is taking a bit of time is because I added 2 very important and informative posts, separate from the day trading series, which have proven to be a success for me at Beyond Debt.

The 2 posts I am referring to are 10 reasons you can’t be successful as a day trader which can be read here and 10 ways to avoid the PDT rule which can be read here.

Here are the numbers for this month.

I was able to add in $4,456.79 to my VTSAX position for the month of June. That number is a combination of income, trading, dividends, capital gains and option money.

There is now a $4,566.81 investment return since January 10th 2017.

If you want to read more about VTSAX please read my article which was published on Seeking Alpha.

To wrap things up my Vanguard Total Stock Market Index Fund total is now $80,350.50.

I hope that those who chose to read this post and have gotten this far take their finances seriously. I understand that I get a lot of day trading questions. People somehow continue to believe they will be successful day traders if they work hard at it. I truly hope you are successful but the honest truth is 95% of all traders fail, 40% quit within 4 months and 80% of day traders quit within 2 years.

Those numbers are not there to discourage you. They are there to remind you to be smart about your money and your finances.

If you need to reach out to me for any reason please do so here.

Until next month.

 

Important Resources

  • Read my frequently asked questions or if you need personal 1 on 1 guidance from me on how to fully prepare as well as protect yourself from the misrepresentation please click here.
  • Every month I update this post here for my personal "Millionaire Challenge". I suggest you read the entire post and when you reach the bottom you can see my updated progress.
  • I highly recommend the Simple Path to Wealth book to grow Your wealth simply and steadily. It will educate you beyond your financial imagination. This is my review of the book.
  • If you are new to stock trading test your knowledge here with a basic stock market quiz.
  • There are a lot of secrets in trading stocks and I reveal 20 of them in this popular post.
  • If you are confused about short selling stocks then read this simple explanation that will clear it all up.
  • This free stock research tool will give you all the necessary information on any stock you type into the search bar.
  • Do your best to avoid day trading distractions. Especially the 10 I list here.
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