Current net worth: $7,769.90!!!! Another great month.
There were many significant changes to my allocation of $$$ this month.
I withdrew all of the money from my Raiz account, and bought 1428 units of BORAL (BLD) for $4.964. Whoa.
Here's why:
There were many significant changes to my allocation of $$$ this month.
I withdrew all of the money from my Raiz account, and bought 1428 units of BORAL (BLD) for $4.964. Whoa.
Here's why:
The above image is a Discounted Cash Flow analysis. Basically, the companies future free cash flows are projected using past results from an income statement. These cash flows are discounted to the present, plugged into a formula, and out comes the intrinsic share price.
Using this basic model, it appears that BLD shares are currently at a significant discount.
To be honest, I don't know how accurate this will be, but I'm excited to find out. Whether it's a mistake or not, I'll definitely learn from it.
May the power of compounding be with you all.
Using this basic model, it appears that BLD shares are currently at a significant discount.
To be honest, I don't know how accurate this will be, but I'm excited to find out. Whether it's a mistake or not, I'll definitely learn from it.
May the power of compounding be with you all.