Below the graph, you’ll see 2 cards: Today’s return and Total Return 🏦
💡Return = potential profit!
Return only becomes profit when you sell the stock at a greater price than what you bought it for (so the return needs to be green and positive!) 🟢
Also note that major world events (wars, pandemics, etc) can lead to economic down turn 😥
So, if you’ve been investing on Bloom for less than a couple of years, your return may reflect market trends instead of the true value of your stocks 📝
Stay strong and remember that long term investing happens over years 🚀
As you invest for your future, here’s how to see day to day and total current progress ➡️
Today’s return is your potential profit in one day 🧠
This combines the returns of your current stock’s daily return 🕰️
When the market is closed, today’s return will show the previous trading day's growth 🫙
Total return is all time potential profits and or losses 🤑
Just like Today’s return, Total return combines all time return of all stocks you own 🥳
Below the return section, you can find “Buying Power” 💪
💡Buying Power = money in cash available to buy stocks
When you sell a stock to collect profit or losses on it, the funds go into your buying power 🥳
And, when your quarterly dividend payments land, they show up your buying power! 🏦
Stock profits take 2-5 business days to become withdrawable though! ⌚
Now you know what return is, where your profits go and where spending money is stored 🤑
