Return and Buying Power

Let's learn about how to find out how much money you made & what "Buying Power" means!

You might notice that right under Portfolio Value on the "Invest" page, there are a few smaller numbers in either red or green.

This is your return during the time period shown on the graph.

๐Ÿ’ก Return = potential profit and or losses of your whole portfolio ๐Ÿ“ˆ

This basically adds up the potential profits and losses of all of your individual stocks and ETFs into one number!

So above your "1 Day" graph, the return shows how much you're up or down today, and on the "1 Week" graph it shows your performance over the past week, etc.

๐Ÿ’ก if the market is closed, "todayโ€™s return" will show the last trading day's return ๐Ÿซ™

Return is "potential" profits and losses because it only becomes "real" profits and losses when you actually sell your stocks ๐ŸŸข

So don't start celebrating just because your return is green -- your stocks could still go back down! ๐Ÿ“‰

Under the graph, you'll see a section labeled "Total Return".

Can you guess what that might mean? ๐Ÿค”

Total Return is how much your portfolio is up or down all-time -- since you started using Bloom ๐Ÿค‘

In general you want this number to increase over time, because that means you're growing your wealth! ๐Ÿฅณ

Below the Total Return section, you can find Buying Power.

๐Ÿ’กBuying Power is the money you have available to buy stocks

When you sell a stock and receive cash, the funds go into your buying power ๐Ÿฅณ

And, if you receive cash dividends from your stocks, they also show up in your buying power!

Test your knowledge

What does "return" mean?

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When does โ€œreturnโ€ become "real" profit or losses?

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Where do the proceeds from selling a stock go to?

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What's next?

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