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My friend said to boycott these companies on Insta, I bought into each instead
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TL;DR: My friend said to boycott these companies on Insta, I bought each instead. Made bank. Total returns inside.

So, after one day in October, a friend of mine goes activist on their Insta story, telling everyone to boycott certain companies.

Naturally, I did what any of us would do — I threw $$$ into each and every one of those stocks. I'm not here to boycott, I'm here to get rich. And guess what? I’m up overall.

Here's how the portfolio looks after a few months:

Company Purchase Price ($) Current Price ($) Return
Cisco 48.05 48.60 1.14%
Dell 78.25 107.31 37.14%
GOOG 142.13 150.81 6.11%
HP 14.93 16.27 8.98%
MSFT 397.58 416.66 4.80%
NVDA 49.66 113.53 128.61%
Coca Cola 58.55 70.86 21.02%
Apple 169.00 221.18 30.88%
Nestle 103.00 87.86 -14.70%
Starbucks 111.18 96.46 -13.24%
Puma 50.32 38.22 -24.05%
Amazon 129.79 179.77 38.51%
Rheinmetall 259.00 510.20 96.99%

The Highlights:

  • Nvidia: 128.61%.
  • Rheinmetall: Up **96.99%**, all thanks to those sweet defense contracts or whatever. Technically they called to boycott Borussia Dortmund due to them being sponsored by Rheinmetall, but as a fan of a rival club, I couldn't bring it over myself to buy BVB.
  • Amazon: 38.51%, guess that Prime subscription isn’t going anywhere.

The Lowlights:

  • Puma: Down -24.05%. Maybe people really did boycott this one.
  • Nestle: Should’ve listened to all those "Nestle destroys the world" posts. Down -14.7%, smh.

Overall: Portfolio is green, 27,78%. Can't lie, I’m kind of hoping they start boycotting more companies so I can make some more money.

Moral of the story: When the world says "boycott," just buy the stock. Did I learn anything? Whether or not you agree with the boycott, the market doesn’t align with our social media stances. But I’m just here to ride the rollercoaster and laugh all the way to the bank!

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2 months ago