My Top 6 Stocks and Top 3 Cryptocurrencies

The stock and cryptocurrency markets have definitely seen better days, but for most people like my sister and I, this is a buyer’s market. Just meaning that this is the best time to buy things you have always wanted, such as Apple, Tesla, Airbnb.

Although this is a buyer’s market, please make sure you continue to research the stock you are about to purchase. I understand that some of you may want to buy the stock, which is now $0.30 a share. However, just a few months ago that same stock was $3- $5. With the pandemic still occurring, the decrease could be pandemic related or due to being overvalued. There’s no telling what the cause it, but it’s better to research and identify what caused the increase or decrease, so you don’t loose everything you have invested in that stock.

My ultimate Top Six Stocks and Top Three Cryptocurrencies, which I believe will excel for years to come, are listed below. These stocks have done well before, during, and are expected to do well after. Below I provide the company, tickers and

Top 6 Stocks

1. Apple (APPL)- INFORMATION TECHNOLOGY SECTOR – Current price per share $168.64. Dividend- $0.88 per share.

Apple is well known for developing iPhones, iPads, Apple Watches, computers, and technology to assist us with surfing the internet, designing flyers and books, and completing work or daily activities via the World Wide Web.

2. Airbnb (ABNB)- CONSUMER DISCRETIONARY SECTOR- Current price per share $166.53. No Dividend.

Airbnb is a hospitality hotel/hostel/vacationing in a home type of business. Consumers are able to stay in the homes of people who live or own property in the city, state, or country they live.

3. Ford (F)- CONSUMER DISCRETIONARY SECTOR-Current price per share $17.55. Dividend- $0.40 a share.

Ford is a car company that manufactures Ford vehicles. Interest in Ford has been increasing lately with the anticipation the company releasing its electric vehicles this yea.

4. Equity Residential (EQR)- REAL ESTATE SECTOR- Current price per share $86.38. Dividend $2.41 a share.

Equity Residential provides a way to invest in Real Estate without having to buy property, fix it up, and then resale it. There is nothing wrong with buying and reselling property. You just have the necessary resources to do so, which is why some people choose to invest in stock compared to the buying property.

5. ZipRecruiter (ZIP)- CONSUMER DISCRETIONARY SECTOR- Current price per share $21.43. No Dividend.

ZipRecriter is a web based employment database. It helps employers market open positions and jobseekers apply for those same positions. Employers can list information about their companies, reviews, and helpful information to assist individuals with researching opportunities. Individuals can upload their resumes, cover letters, and setup notifications for certain positions.

6. Discover Financial Services (DFS)- FINANCIALS SECTOR- Current price per share $124.14. Dividend- $2 per share.

Discover Financial Services is a credit card company. The company has cash back options, access to your credit score, and incentive programs for using your credit card or referring others.

Top 3 Cryptocurrencies

1. Bitcoin (BTC)- Current price per share $42,413.35

2. Ethereum (ETH)- Current price per share $2,923.36

3. Solana (SOL)- Current price per share $96.52

Bitcoin Mining

When I think about Bitcoin Mining, I think about the process used on Rariable.com to assist creators with selling NFTs. However, recently I learned that Miners/Investors can also make money this way. This led me to researching information on Investopedia.com to learn more about the process.

The link to the Investopedia article above identifies that miners can be rewarded Bitcoin by being the first miner to solve or be the closest to solve a numeric problem. Mining requires specialized equipment in order to do so.

The article also discusses newly formed Bitcoin, which made me reference a cryptocurrency podcast on Twitter that I recently attended. The podcast mentioned creating cryptocurrency, which did well in the beginning; however started to decline shortly afterwards. Please note that was for a particular currency and not Bitcoin. We all know this scenario, which is all too familiar for tangible currency. The more heavily populated a currency is, that currency tends to lose it’s value, especially as newer forms are created. I am not sure if this is the same with Bitcoin. I just want to start this discussion to identify if you are aware of how Bitcoin Mining works and can you provide tips? Have you ever participated in Bitcoin Mining and can you provide tips?

Feel free to add a comment below so we can discuss this a bit more.

Investing Part 4

One thing I know about investing is the importance of being able to discuss your investments with like mind individuals. Like mind, meaning those who are investing or want to invest in the stock market or Cryptocurrency.

Investment groups or investment discussion groups are really great to be a part of. They allow you to meet in person, virtually, by email, or text messages to discuss your investments and gain clarity to those investments.

Check out my new blog at EdwardsFamilyEmpowerment.blogspot.com which discusses investment discussion groups and social media stock groups.

https://edwardsfamilyempowerment.blogspot.com/2021/12/investing-part-4-of-5-by-melica-niccole.html?m=1

Investing Part 2

Here is my next article on investing that I wrote for Edwards Family Endowment. There are 3 other parts set to be released between now and the beginning of the year.

Enjoy!

Investing Part 2

Making the Cut: Crypto Current

How often have you been keeping up with cryptocurrency? With the markets being open 24/7 you don’t have to wait for certain days or hours for the market to open. This allows you to stay current with the market.

Staying current with the market allows you to evaluate and re-evaluate your top five cryptocurrencies. 

Below are some of the currencies on my watchlist. I’ve been watching BTC since it was around $30,000, ETH around $1,800, and SOL around $85. All of these currencies are on the move. Are you moving and grooving with them?

Investing

Recently, I was given an opportunity to write an article on investing. I decided to do it in 5 parts because there is so much information to investing. Feel free to click the link below to see my first article.

https://edwardsfamilyempowerment.blogspot.com/?m=1

Work, Hustle, And Invest

One thing I’ve heard from individuals, especially those who are successful, is to create different streams of income. Creating different streams of income allows you to diversify your income streams.

I remember when I worked for a non-profit organization about 8 years ago. Our Workforce Development Director talked with the staff about not relying heavily on funding from one entity and diversifying our income streams as an organization. This really worked in her favor, because there was one funding source that had decreased drastically. Now there were a lot of changes made and she had to lay off some staff. However, she brought those individuals back once she had the opportunity. 

Work

This is your main source of income. This income should allow you to pay the majority of your bills. This source should, but doesn’t necessarily have to, allow you to obtain health insurance, life insurance, and meet your basic needs in life. This also should be a job you enjoy. Have you heard the saying from Winston Churchill? “If you find a job you love, you’ll never work again.” This is true.

Side Hustle 

The side hustle should be something you love to do to generate additional income. Whether it’s creating and selling books, baking and selling cookies, or creating marketing material for companies and individuals. Now a side hustle can definitely turn into permanent work. It just depends on you, your market, and the needs of your customer. Once you figure out if there’s a market for what you’re selling, you’ll be able to determine your next steps.

Investing

This allows you to sit back and let your money work for you. Now there is some work involved, such as researching companies, selecting a great investment, and continuing to watch the market and what’s going on in the news, and reallocating your investments if needed. Work on finding a strategy that works for you and your pocket.

~Work, Hustle, and Invest

“I’m All The Way Up”- Crypto Current

“I’m all the way up.  I’m all the way up. Nothing can stop me.  I’m all the way up.” I am truly in my Verzuz’s mode right now. Fat Joe and Remy Ma’s song hits a little different when you see your investments going back up from being down the last couple of days. This is my exact feeling when I saw Bitcoin, Solana, and Cardano headed back up.

The thing about investing is you have to account for up and down days. Me personally, would be very cautious of a stock that is continuously on the rise without having a bad day. We all know, what goes up, must come down. So the question isn’t about if it’s going to come down, it’s when and by how much? This is when following financial information about the companies and charts come into play. These techniques help you identify when individuals tend to buy into certain stocks and cryptocurrencies and when they tend to sell them. This is called support and resistance levels.

The other thing about investing is that it takes time to build wealth. Now there are those one hit wonders who take $5000-$10,000 and invest it in one stock and have major increases. However, how many of us truly have that amount that we can invest and risk losing it all? Not I. I generally invest a set amount each month and sometimes additional if I find extra money to invest. Now my response may be different if my situation was different. Isn’t that the funny thing about life? Most of our responses or the way we handle things is most likely from our situations, history, or knowledge. 

My suggestion to you is start the road to investing so you too can be “All the Way Up!”

Are You Crypto Current?

Photo by Roger Brown on Pexels.com

How crypto savvy are you? If you are like some of us, you’re not an expert, but you know just enough to get by. If you asked this same question to me last year, my response would have been not at all.

So many things have changed in our environment and world that investing in cryptocurrency has became second nature. Hill Harper has also thrown his hat in the ring with his new crypto wallet- The Black Wall Street app. The app allows you to invest in Bitcoin. The app’s goal is to assist with increasing financial wellness in the black community by closing the wealth gap. The website further identifies “More than 150 years after Juneteenth, Black Americans still hold only 1% of U.S. wealth.” There were multiple videos on the app to assist with terminology and understanding Bitcoin a little more. The other great thing about this app is you can earn rewards with some of their partners. As the site says: “Learn. Earn. Invest.”

With the crypto market being open 24 hours a day, prices change often and rather quickly. Keeping an eye on it is ok and sometimes its good to just let it ride. It may be a good idea to look into other cryptos to invest in the future. This increases your knowledge of the subject matter. Read all you can and make Investopedia your best friend.

The last thing Mr. Harper discussed in his video on the app is to schedule a reoccurring investment. This is a great idea. It can be as little as $5 a month or $50 a week. You decide how much and how often.

Let’s get #invested #cryptocurrent

Top 4- Crypto

I am still evaluating options for my top 5 cryptocurrencies. However, I now have my top 4 cryptocurrencies to hold for long term. Some people choose day trading when it comes to some cryptocurrencies. While some of these currencies may fit your option to day trade, I presume these will be great options for the long term.

My top four in order of how I believe these positions will sway in the future:

  1. Bitcoin
  2. Cardano (Possibly #1 in the future)
  3. Solana (53rd popular on Coinbase. Previously 61st)
  4. Ethereum

Other Possibilities

  1. Compound
  2. AMP

It will be interesting to continue to follow Compound and Amp to see how borrowing cryptocurrency and working with Amazon to accept cryptocurrency works out (If it’s more than just a rumor).

Feel free to share your top 5 cryptocurrencies.