Slay with Stocks Challenge: Day 3 – Watch What? Watch Lists

//Slay with Stocks Challenge: Day 3 – Watch What? Watch Lists

Slay with Stocks Challenge: Day 3 – Watch What? Watch Lists

This training/challenge is for educational and informational purposes only.  These materials do not constitute a recommendation to engage in any particular securities transactions.

 

Investment products are: Not FDIC insured | Not guaranteed by the bank | May lose value

 

Week 1: Stock Basics

This week’s goal is to introduce you to stocks and help you build a foundation for investing in the stock market.  This is a great place to start if you are a beginning investor or would like a refresher if you have already started on your investing journey.

 

 

Watch Lists

A watch list helps you to keep an eye on stocks you wish to own or may already have in your portfolio.  Creating a watch list is one of the first things you should do before purchasing stock.  You can have as few as one stock on your list or as many as 25, if not more.

 

Day 3: Watch What? Watch Lists

Creating watch lists can be interesting and you may want to have one list or multiple lists that are organized the way you want.  You can organize them by industries or by stock price – it’s all up to you.  You can even add mutual funds from your 401k that you may want to keep tabs on.

With today’s technology, many smart phones allow you the option to set up a watch list, where you can take a peek at stocks on your list while on the go.

 

 

Setting Alerts – As an investor, it is good practice to set alerts for stocks on your watch list.  By doing so, you will receive notification when a stock has met certain criteria.  You can select from a variety of alerts – investment, account, and market alerts.  For the purposes of this challenge, we will focus on investment alerts.  Investment alerts primarily focus on movements with a company’s stock price.  You can set an alert to be notified if the stock price rises above a certain amount or if the stock price drops below a certain amount.

 

Today’s Investing Activity:

PART I – Create a watch list.

If you have a brokerage or IRA account, then download the phone app for your institution.  If you do not have a brokerage or IRA account, then you can download the Yahoo! Finance app for free to complete today’s activity.

 

PART II – Set an investment alert.

If you have a brokerage or IRA account, then set price alerts within your account or the app.  If you do not have an account established, you may use the following apps:

  • EyeOnMyStocks (iPhone)
  • Stocks Pro App: Stock Tracker 

 

ADVANCED: Create at least 3 watchlists. 1) Stocks you currently own,  2) A watch list for a particular category or trend (i.e., Financial, Healthcare, Vanguard ETFs, etc.), and 3) Stocks below a certain price point (i.e. Stocks below $10, Stocks below $100, etc.)

Step One:

Create a watch list. You can start with the three stocks from the previous day’s activity. 

Step Two:

Add Amazon.com, Inc. (AMZN) to your watch list
Set an Investment Alert for AMZN for when the Price Rises Above $1275.00

Step Three:

Screenshot your watch list and share it in The Stocks & Stilettos Society or in the comments below

Today’s investing activity focuses on preparation and organization.  This preparation comes in the form of a watch list and helps you to get in position to purchase stock when the time is right for you.  Setting alerts allow you to be notified in order to not become consumed with constantly watching the market or a company’s stock price.  Getting organized helps to alleviate the feeling of becoming overwhelmed and reduces the fear that can come with investing in the stock market for some women.

 

Tomorrow: Day 4 – Earning Interest: Compounding

 

Follow me here:

Instagram: @stocksandstilettos

Facebook: @stocksandstilettos

Twitter: @stocknstiletto

Group: bit.ly/stocksandstilettos

Happy Investing!

 

 

 

Cassandra

Get more details about the overall challenge by visiting the challenge registration page –> here.

If you missed some of the challenge and would like to review previous days, you can view the previous days –> here.

By | 2018-01-11T07:58:10+00:00 January 10th, 2018|Categories: Uncategorized|15 Comments

15 Comments

  1. Carolyn January 10, 2018 at 3:41 pm - Reply

    Good Morning

    The Stocks Pro App: Stock Tracker kept shutting down, is there another android app I use?

    • Carolyn January 10, 2018 at 3:50 pm - Reply

      Is “JStock” ok?

      • Cassandra January 11, 2018 at 2:23 am - Reply

        I’m not sure what that is.

    • Cassandra January 11, 2018 at 2:24 am - Reply

      You can ask in the Facebook group and other android users may be able to provide additional recommendations.

  2. Anthony Lewis January 11, 2018 at 2:48 am - Reply

    Hey Cassandra,

    I Love what you are doing with Slay the stock Challenge. Can you please accept me in the facebook group. Yes I am a man I promise to be respectful! My facebook is Kar Banks thanks!

    • Cassandra January 11, 2018 at 7:32 am - Reply

      Hi Anthony,

      Thanks so much for participating in the challenge. We have a new group starting up just for the men on Facebook – The Stocks & Bowties Society. You can request to join that group and I’ll approve your request.

      Happy Investing!

      Cassandra

  3. Andrea January 11, 2018 at 3:26 am - Reply

    file:///C:/Users/Andrea/Downloads/Image-1.jpg

  4. Andrea January 11, 2018 at 4:03 am - Reply

    Ooops I created my watchlist on Yahoo Finance but can not screenshot it for some reason!

  5. Andrea January 11, 2018 at 4:03 am - Reply

    Ooops I created my watchlist on Yahoo Finance but can not screenshot it for some reason!

  6. lee January 11, 2018 at 7:27 pm - Reply

    HI so here’s what i did I downloaded yahoo finance to create my watch list and downloaded Stock Pro to set an investment alert. Or should I have just done in all in one of the apps? Sorry confused but excited to be learning all of this

    • Cassandra January 12, 2018 at 3:50 am - Reply

      There is a way to set up notifications in Yahoo Finance. However, the latest version of the app does not allow you to set price alerts. If you are able to locate an app that allows for creating watch lists and setting alerts, the better organized you’ll be with your investing plan.

  7. Leslie January 12, 2018 at 3:49 am - Reply

    Hello,
    I did my watch list did a screen shot but can’t copy it here.

  8. Dex January 13, 2018 at 11:03 am - Reply

    Investing.com has an app that’s pretty awesome. It allows you to create more than one watchlist and set alerts. Stocks Pro app keeps crashing on my phone, so I removed it. I’ve downloaded yahoo finance on my US phone, but yet to play with it.

    I’m watching the following: WMT, BABA, LOW, DLTR, VZ, BBY, NFLX, DNKN, GE, AAPL, and GM. AMZN and MSFT as well.

    • Cassandra January 14, 2018 at 6:59 am - Reply

      Thanks for the Investing.com tip!

      Happy Investing!

      Cassandra

  9. Tracie January 13, 2018 at 9:51 pm - Reply

    I did my watch list did a screen shot but can’t copy here.

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This Sliding Bar can be switched on or off in theme options, and can take any widget you throw at it or even fill it with your custom HTML Code. Its perfect for grabbing the attention of your viewers. Choose between 1, 2, 3 or 4 columns, set the background color, widget divider color, activate transparency, a top border or fully disable it on desktop and mobile.