Turning Hive Rewards into Real Investments: Week 7

It is the seventh week of turning hive rewards into real investments. I didn’t make a post on the sixth week. As mentioned in earlier posts, I intend to bring back the investment returns to hive and continue the process. I think for a couple of months once the investments mature. I have started this with investment in TTSLA token, the first real world asset launched by Leostrategy

Thanks to @terganftp for providing another 244.386 HIVE for the whole of December. He has been a huge supporter of the project and he has many other innovative projects in the wraps.
This is the seventh week of that journey and as promised, I will let you know how it's going.

Mutual Funds

At the beginning of week 7, we had 40,415.45. At present the investment is now 81,104.68.

We made some deposits meaning total earnings are 728.20.

This means the total return in mutual funds is 81,104.68 from a capital of 80,376.48.

Stocks

The Nigerian stock market is waxing stronger and many bullish news are out there. There are positive forecast of bank earnings that will surely drive price up.
The shares are currently down by 1.40%. That means the stocks worth 14,735.4 are now worth 14,528.35

It is better than 2 weeks ago and I believe we will continue growing positively in the portfolio for the timebeing.

My weekly progress report is to show you how your Hive rewards no matter how small, they can give you something in real life scenario.

It shows that you don't have to wait before earning 100 USD on posts before investing. You can start small.

TTSLA

I checked and was interested in it. TTSLA is Tokenized Tesla and the first Real World Asset (RWA) launched by LeoStrategy. It is a synthetic token designed to track TSLA shares price on a 1:100 basis.

The 2 TTSLA worth 74 HIVE at asking price 2 weeks ago is now worth 64 HIVE. I expect a sort of pegging to happen soon to reflect the real Tesla price which is presently $451

I have also been receiving daily yields from my TTSLA holding in the form of HBD

What I Learned This Week

Compounding is slow but a powerful metric. Consistency is key. Stocks move with news which are mostly fundamentals.

Week 2: 7,000 to 7,029.76
Week 3 mutual funds: 16,930 to 17,089.37
Week 3 stocks: 14,735.4 to 14,222.5
Week 4 mutual funds: 17,089.37 to 18,507.08
Week 4 stocks: 14,222.5 to 14,074.95
Week 4 Tokenized Assets: 62 HIVE to 72 HIVE and 0.01 HBD
Week 5 mutual funds:14,074.95 to 40,415.45
Week 5 stocks: 14,074.95 to 14,290.35
Week 5 Tokenized Assets: 72 HIVE and 0.01HBD to 74 HIVE and 0.067 HBD
Week 7 mutual funds: 40,415.45 to 81,104.68
Week 7 stocks: 14,290.35 to 14,528.35
Week 7 Tokenized Assets: 74 HIVE and 0.067HBD to 64 HIVE and 0.131 HBD

See you next week.

Posted Using INLEO