Don't forget to reinvest your dividends from your stocks, in many cases that's where most of the actual growth for stock investment came from. Your 100 shares may not increase in price at end of year but if you are gaining additional 5 shares just from dividends reinvesting it adds up and multiply.
@saitamatheonepunchman7685 no. What he's saying is.... let's say you have 25 shares of a stock that costs $5 each. Every mth, those 25 stocks earn you 0.20 each, a total of $5 in dividend earned, regardless of current stockprice. You now have an extra $5 profit, which you can use to buy 1 more of this $5 stock, bringing you to 26 shares now, with 0.20 dividend earnings each.... the following mth, you'll earn $5.20 in dividend......
I quit drinking over 2 years ago. It saves me more than $5 a day for sure since i used to drink Belgian Quads and nicer Scotch/Bourbons. I also use Keurig for my coffee, and I buy the bulk pack of K-Cups to keep my per cup cost down under .50 cents with creamer. I stopped eating fast food too, now that McDonald's is like $10-$12 for lunch. I've not had any fast food this year, I pack a sandwich and I eat for $3-$4 instead. I plan on setting up a nice dollar cost average S&P 500 plan during the next downturn/recession, because it's coming. I'd rather ride the market recovery up, than ride the recession down. Enter with a lump sum into an S&P index fund, then dollar cost average additional contributions.
After Starbucks raised there prices, where we live 2 grandes with extra shots were running is $18 plus a tip. We opted to use our coffee maker, purchased some flavoring and coffee and haven’t looked back. We do buy a few a year when we visit friends out of town. It’s amazing how much it adds up, those drinks and subscriptions on the phone, etc. We’d rather invest in ourselves.
"we'd rather invest in ourselves" - we have a bingo .. That is exactly why I'm learning about the stock market in general , and how to be able to make my money do more for me .
I started investing $50 a day broken into 5 ETFs and $4 a day in BTC after watching your first video on this. At first I thought it was going to be too much for my budget, but I stopped buying lunch everyday and I'm able to afford it without too much sacrifice. Overall, I'm at break even but the dividends from the ETFs are helping offset the loss. I'm hoping that this habit continues and DCA eventually leads to bigger gains over time. Great follow up video!
Hahahahahaha..... I've had VOO for a while and I can tell you it's very good. I put in about $500. a month. It's been a great ride and I'm actually looking long term on this fund. Thanks
Definitely needed this. I officially am at $100 a year on my Public investing app in dividend income. I think I'll do $2.50 a day into SCHD and $2.50 a day into Realty Income
IMO, if in a taxable brokerage acct, I would avoid REITs like O bc their returns our largely attributed to their dividends but their dividends are non-qualified so they get taxed at a much higher rate than stocks/etfs that pay qualified like SCHD, just in my option tho, dyod always
I just started that also.. apple and Google 5 each everyday... ima also buy 100 shares of each to sell calls and use that money to keep buying shares with the premiums
I love this and DCA everyday on what I'm overweight in. I used to do the auto deposit however I stopped when I couldn't guarantee at what time my deposit would go thru. I like to control the time I deposit and buy daily. Love your video. New subscriber here.
@Check Mate I invest everyday in a round of stocks always looking to DCA down. I increase my deposits monthly. I am never good at timing the market so long term and DCA mindset works for me.
@@GoldenRetrievin sorry, I didn’t mean to reply to your comment. I thought I was posting that in the main comment section. Lol, I wondered where my comment went.
Thank you. Sharing this with my son. He has a Sonic habit vs. Starbucks, but same daily expense. He recently signed up with RH at my badgering and I've been trying to explain all of this to him. Maybe he'll listen to you. =)
Question do you have any recommendations for a good dividend portfolio? I want to start one here in the new year. I am a newbie and want to know what would be more smart buying ETFs? Individual stocks, reits? Or a mixture of both. Also how many do I need in my portfolio? I plan on putting in a couple grand to start than continue to put money in monthly. Any help would be greatly appreciated
@Leonardo Vlado I really needed to hear this and by the way I did lookup Donald Ben Taylor and I must say I am more than impressed with his achievements, exactly what I have been looking for since I don’t have much time to myself, its better an FA handles things on my behalf.
@@legumessaudavel Not ignoring you, but know better than to provide anyone outside family with any financial advice (picks or portfolio). At 59, I'm in my end game. All my work is done unless I want to keep things rolling. I primarily watch these videos in order to pass them on to our son and I do learn new things from time to time. The best things you can do is start early, peg your lifestyle at a comfortable income level, and invest the rest as your income increases along with your value to the places you work. Never miss your monthly investments, and check your progress every month to keep yourself motivated. Nothing sweeter than looking at decades of spreadsheets and seeing how you've progressed on your financial independence journey. What gets measured, gets accomplished. Find a solid tax planner early in your journey as taxes become a burden after a couple decades of investing. You may find your primary job ends up paying for your annual investment returns if you have a mix of retirement and outside investment accounts. Make it fun for yourself to invest and it will feel like less of a grind.
It's incredible that he highlights the flaw in this daily investing idea right at the start but doesn't make the link. Typically any year with a downwards trajectory benefits most from cost averaging by frequent investing because you're buying at ever lower increments throughout the year. But on an average year the market climbs and therefore investing earlier would be better.
wow i did the same thing lol. $20 a day in recurring investments (mon-fri). i’ll be honest, this is probably the best thing i’ve ever done with investing, mainly because it forced me to budget around the recurring investment. I actually started off with $10 and increased to 20, now i’m thinking about increasing to 30 😅, but this has been a great tool to get me to invest more rather than spending money at starbucks, whataburger, mcdonald’s, or amazon 😂
When you say "$20 dollars a day", what does that actually mean? Do you just transfer 20 bucks into your account and then let it sit? My understanding is that you actually have to purchase an ETF, stock etc. so start making the actual money. So do you put $20 dollars a day until you have enough to purchase an ETF/stock? Thanks in advance!
Bob, I currently have Robinhood and I did not know that this feature was on the app. I currently hold positions in Intel and Duke energy. I now have it set up to come out of the brokerage account Monday through Friday at five dollars a day on the two stocks I mentioned above thank you.
5 dollars a day from 25 to 65 in basic index funds inside a Roth IRA will 1.1 million dollars , or 44000 a year tax free with cost of living raises every year in retirement .
Right now I’m invested in 5 different stocks, Apple, Tesla, Microsoft, Amazon, and Ford. I wait for pay day and get 30$ out and split it 5 ways everytime. So far only have about 90$ invested.
This is awesome because I definitely don’t have thousand or even hundreds of dollars to invest every month . I just started buying stocks so I’m definitely learning . This video is great
You actually destroyed the s&p for the year doing dca considering it was down approx. 20%. Looking forward to seeing your results next year. Thanks for the video and great idea, I'm going to try it. 🍻
Start investing today! But always do your OWN research! What VIDEOS do you want to SEE NEXT?? Join me on Webull! Get rewarded Just for Starting ► sweetlifesuccess.com/go/webull What if you invest MONTHLY instead of Daily? Here is what happens ► th-cam.com/video/hkB92CVI-6A/w-d-xo.html
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
You have inspired me to do a brokerage transfer of $35 a week, not direct into anything. I think the auto trades happen at open. I'll just track open price for everything I'm interested in and not buy when it's above my average and buy when it's below. Thanks!
Using your $5 a day investing tip, would you recommend investing daily into one ETF “VOO” with all $5 or splitting that $5 up, say $3 into VOO and $2 SPY a day?
Continue to reinvest dividends over and over until they’re paying you out in the future, just remember how it’s free money you’re getting paid and it’s buying you more etfs or stocks over and over if that makes sense
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
So I’m confused, did you spend 5 dollars a day in one company? Or did you spend 5 dollars on Apple then the next day 5 dollars on google, or are you spending 5 dollars on Apple 365 times?
I'm new. Have no clue what to do. Everyone told me all my life that the stock market is like gambling. You can lose more than you earn. I live on social security disability.
Correct me if I am wrong, but if you just bought monthly you would have ended up with exactly the same outcome? My point being if you load a month's worth of cash each month there's no benefit to pay in daily?
THIS is an incredible question and very valid!! So much so, that I'll reply with a video exploring daily vs monthly. Stay tuned and I'll ping you with the link once the video publishes.
Sorry about that! Robinhood isn't yet available in Australia. My other favorite app Webull is, and they offer the same feature as Robinhood to do the $5 a day piece (or anything you'd like to do): averagetoamazing.com/go/webull
Every Friday I invest $20 into stocks! Hope to increase in the future but hey gotta invest what you can just invest people in your future. Don't look back in 20 years with regrets!!
The thing I hate about buying crypto in robinhood is they charge you way more than the price shows. Its BS. They claim no fees, but charge you way too much for the purchase.
I do something similar to this but simple for me... and that is Acorns, round-up feature, that rounds the change of charges from all my linked accounts to the nearest dollar, then one that bucket hits $5 and invests it.. plus I do a 10-15 weekly.. so end up investing 100-200 per month in a moderate risk ETF... over the past few years up to a few thousand saved up with net gain of 100 as of today.
Bob how do you invest $5 into an index fund. For example the fidelity index 500 is going for 193 dollars how do i invest only $5 dollars and not the whole $193 dollars
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
It wouldn't impact the dividend at all, as the dividend would be paid based on how many shares you own (and if you don't yet own a full share, the dividend amount would be based on the dividend payout percentage based on the fractional share that you own).
I have $31,000 sitting in a traditional IRA. Not doing anything. Trying to figure what to do with it I was thinking about taking a hit and investing in a ETF
@@petermorelli7009 are you buying something every week or monthly? because there will be a lot of fees on transactions everytime you buy, especially in here Europe.
What a great idea. I except your $5.00/a day challenge. The stock that I will choose is SBUX. I really you simple, everyman idea of getting into the stock market. Do you have a video for dividend investing?
I tried robinhood. My first time it told me my documents were wrong. I didn't even get to invest. I contacted support...never got a response(after 4 seperate emails). I'm not sure whats going on, but as of 6-3-2023 most of the trading apps are suffering lots of issues with their apps.
Was there a specific reason you chose to "cover" the weekends by investing all $10 on Monday instead of splitting it over the remaining trading days? Like, in a normal 5D trading week, you could've invested $7 each day to better adhere to the DCA approach of $5/day as opposed to $15 on Mon and $5 for Tues-Fri, no?
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
VTI is enough, if you want exposure to international look into VXUS and since you're getting closer to retirement you might want to consider bonds (BND) Highly suggest reading or watching John Bogle's videos and boglehead investing.
Great video 🙂. I have one question if you don't mind, Can you suggest an app like robin hood that's available for people in the uk and maybe do a video on it for all of us over here on this little island 🙂
Don't forget to reinvest your dividends from your stocks, in many cases that's where most of the actual growth for stock investment came from. Your 100 shares may not increase in price at end of year but if you are gaining additional 5 shares just from dividends reinvesting it adds up and multiply.
I have always maintained that compound interest does not actually exist when investing in stocks UNLESS you reinvest dividends
@@Midnight-hz3epNice. So are you saying to avoid interest, don't reinvest? Newbie in this field, here.
Yep. Drip investing.
@saitamatheonepunchman7685 no. What he's saying is.... let's say you have 25 shares of a stock that costs $5 each. Every mth, those 25 stocks earn you 0.20 each, a total of $5 in dividend earned, regardless of current stockprice.
You now have an extra $5 profit, which you can use to buy 1 more of this $5 stock, bringing you to 26 shares now, with 0.20 dividend earnings each.... the following mth, you'll earn $5.20 in dividend......
He probably wouldn’t need to if he’s trading with Accumulation because it’ll automatically invest
I quit drinking over 2 years ago. It saves me more than $5 a day for sure since i used to drink Belgian Quads and nicer Scotch/Bourbons. I also use Keurig for my coffee, and I buy the bulk pack of K-Cups to keep my per cup cost down under .50 cents with creamer. I stopped eating fast food too, now that McDonald's is like $10-$12 for lunch. I've not had any fast food this year, I pack a sandwich and I eat for $3-$4 instead. I plan on setting up a nice dollar cost average S&P 500 plan during the next downturn/recession, because it's coming. I'd rather ride the market recovery up, than ride the recession down. Enter with a lump sum into an S&P index fund, then dollar cost average additional contributions.
After Starbucks raised there prices, where we live 2 grandes with extra shots were running is $18 plus a tip. We opted to use our coffee maker, purchased some flavoring and coffee and haven’t looked back. We do buy a few a year when we visit friends out of town. It’s amazing how much it adds up, those drinks and subscriptions on the phone, etc. We’d rather invest in ourselves.
Oh wow $18 is no joke!
"we'd rather invest in ourselves" - we have a bingo .. That is exactly why I'm learning about the stock market in general , and how to be able to make my money do more for me .
In 1975 coffee was 10 cents with unlimited refills at Sambos 24 hr restaurant
You should do quarterly updates on this to keep people in the game.
Good idea, will do!
I agree.
Great idea, I agree!!💯
@@BobSharpe you would have to put $15 every monday to cover the weekends not $10
@@hhaydenshea why $15? If it’s $5 a day, Saturday = $5 and Sunday = $5
I started investing $50 a day broken into 5 ETFs and $4 a day in BTC after watching your first video on this. At first I thought it was going to be too much for my budget, but I stopped buying lunch everyday and I'm able to afford it without too much sacrifice. Overall, I'm at break even but the dividends from the ETFs are helping offset the loss. I'm hoping that this habit continues and DCA eventually leads to bigger gains over time. Great follow up video!
Great point on the Dividends!!! Adding that into the overall scope of this plan can definitely help in the long haul too! Here's to a great 2023
What are the 5 dividend paying ETFs that you have?
@@Kay-jk2gi I have SCHD, SPY, SCHX, QQQ, & VTI.
50 dollars a day is wild
@@johnpalcon7570 you need a professional Broker
I just started with $2 a day into VOO. Once I get used to the reoccurring expense I plan on increasing the amount. I am 19 rn
Smart for starting early, keep it going.
Keep going
progress update?
Updates?
Pick 5 to 10 good ETFs. Diversify
Hahahahahaha..... I've had VOO for a while and I can tell you it's very good. I put in about $500. a month. It's been a great ride and I'm actually looking long term on this fund. Thanks
how much have you made from the time you made this comment to now?
In the last year VOO is up 32%
Definitely needed this. I officially am at $100 a year on my Public investing app in dividend income. I think I'll do $2.50 a day into SCHD and $2.50 a day into Realty Income
Nice!!! And Happy New Year to you!
@@BobSharpe happy new year to you as well!
IMO, if in a taxable brokerage acct, I would avoid REITs like O bc their returns our largely attributed to their dividends but their dividends are non-qualified so they get taxed at a much higher rate than stocks/etfs that pay qualified like SCHD, just in my option tho, dyod always
Either way you’re investing more than most and these are great picks, good luck!
Whats ur name on public?
I just started that also.. apple and Google 5 each everyday... ima also buy 100 shares of each to sell calls and use that money to keep buying shares with the premiums
I love this and DCA everyday on what I'm overweight in. I used to do the auto deposit however I stopped when I couldn't guarantee at what time my deposit would go thru. I like to control the time I deposit and buy daily. Love your video. New subscriber here.
Awesome! Thank you for subscribing and welcome aboard!
Or you could invest $7.00 Monday thru Friday…. Equivalent to $5.00 seven days a week
@Check Mate I invest everyday in a round of stocks always looking to DCA down. I increase my deposits monthly. I am never good at timing the market so long term and DCA mindset works for me.
@@GoldenRetrievin sorry, I didn’t mean to reply to your comment. I thought I was posting that in the main comment section. Lol, I wondered where my comment went.
@@checkmate9831 No worries. I sometimes leave vanishing comments wondering the same thing. Happy investing!
Hey I enjoy this video and I really enjoy the love and support that the people of the youtube community shows
I think this is the best video I ever watched about investing, great job and advice
I appreciate that!
Thank you. Sharing this with my son. He has a Sonic habit vs. Starbucks, but same daily expense. He recently signed up with RH at my badgering and I've been trying to explain all of this to him. Maybe he'll listen to you. =)
Question do you have any recommendations for a good dividend portfolio? I want to start one here in the new year. I am a newbie and want to know what would be more smart buying ETFs? Individual stocks, reits? Or a mixture of both. Also how many do I need in my portfolio? I plan on putting in a couple grand to start than continue to put money in monthly. Any help would be greatly appreciated
@Leonardo Vlado I really needed to hear this and by the way I did lookup Donald Ben Taylor and I must say I am more than impressed with his achievements, exactly what I have been looking for since I don’t have much time to myself, its better an FA handles things on my behalf.
@@legumessaudavel Not ignoring you, but know better than to provide anyone outside family with any financial advice (picks or portfolio). At 59, I'm in my end game. All my work is done unless I want to keep things rolling. I primarily watch these videos in order to pass them on to our son and I do learn new things from time to time. The best things you can do is start early, peg your lifestyle at a comfortable income level, and invest the rest as your income increases along with your value to the places you work. Never miss your monthly investments, and check your progress every month to keep yourself motivated. Nothing sweeter than looking at decades of spreadsheets and seeing how you've progressed on your financial independence journey. What gets measured, gets accomplished. Find a solid tax planner early in your journey as taxes become a burden after a couple decades of investing. You may find your primary job ends up paying for your annual investment returns if you have a mix of retirement and outside investment accounts. Make it fun for yourself to invest and it will feel like less of a grind.
I have money in VOO. It's up 46% since 2018. Normalizing the long term I'm hoping to maintain a 10% avg over 20-30 years.
Forgot growth ETFs exist too huh?
@@jollama bro just stated he has money in VOO, why you mad
It's incredible that he highlights the flaw in this daily investing idea right at the start but doesn't make the link. Typically any year with a downwards trajectory benefits most from cost averaging by frequent investing because you're buying at ever lower increments throughout the year. But on an average year the market climbs and therefore investing earlier would be better.
I remember when you started this. Thanks for the update. Curious to see how it looks in '24.
You're welcome! I'm also curious and will certainly update with a video once we get into 2024
wow i did the same thing lol. $20 a day in recurring investments (mon-fri). i’ll be honest, this is probably the best thing i’ve ever done with investing, mainly because it forced me to budget around the recurring investment. I actually started off with $10 and increased to 20, now i’m thinking about increasing to 30 😅, but this has been a great tool to get me to invest more rather than spending money at starbucks, whataburger, mcdonald’s, or amazon 😂
but aren't you afraid ? cause it can go up as it can go down
@@taharmeziani6903 the market overall continues to go up over many years so it’s semi safe but it still can be a gamble
When you say "$20 dollars a day", what does that actually mean? Do you just transfer 20 bucks into your account and then let it sit? My understanding is that you actually have to purchase an ETF, stock etc. so start making the actual money. So do you put $20 dollars a day until you have enough to purchase an ETF/stock? Thanks in advance!
Bob, I currently have Robinhood and I did not know that this feature was on the app. I currently hold positions in Intel and Duke energy. I now have it set up to come out of the brokerage account Monday through Friday at five dollars a day on the two stocks I mentioned above thank you.
Ah awesome! I'm glad this was helpful!
You explained this is such simple terms. Thank you!
You're very welcome!
Thank you so much!!! I always look forward to your videos.
I am so happy that I found your channel few months ago. Happy New Year!!
You are so welcome! More videos to come and Happy New Year 🎉
5 dollars a day from 25 to 65 in basic index funds inside a Roth IRA will 1.1 million dollars , or 44000 a year tax free with cost of living raises every year in retirement .
Right now I’m invested in 5 different stocks, Apple, Tesla, Microsoft, Amazon, and Ford. I wait for pay day and get 30$ out and split it 5 ways everytime. So far only have about 90$ invested.
How’s your portfolio handling now?
Letssssss Goooooo!!!!!!!!!!!!!!!!! Going to start my 5 dollars a day today, and have some fun in the process.
Awesome! Keep me posted !
This is awesome because I definitely don’t have thousand or even hundreds of dollars to invest every month . I just started buying stocks so I’m definitely learning . This video is great
You actually destroyed the s&p for the year doing dca considering it was down approx. 20%. Looking forward to seeing your results next year. Thanks for the video and great idea, I'm going to try it. 🍻
Yes! I can't wait to see how this grows thru the years ahead. I'll keep everyone updated!!
Start investing today! But always do your OWN research! What VIDEOS do you want to SEE NEXT??
Join me on Webull! Get rewarded Just for Starting ► sweetlifesuccess.com/go/webull
What if you invest MONTHLY instead of Daily? Here is what happens ► th-cam.com/video/hkB92CVI-6A/w-d-xo.html
Personally a comparison in dividends and growth between JEPI SCHD and O
@@stevengrech4 great idea!
What do you suggest for us to use when we are on Canada? I just found out that we can't use Robinhood Portfolio when we are here
I'm nervous about giving out my social security number. Is this robinhood app and company safe to use.
Very fair concern. Robinhood has to ask for your social because they are required to report any stock growth and tax details to the IRS each year.
Been trying to get into investing these videos are all I need.
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
You have inspired me to do a brokerage transfer of $35 a week, not direct into anything. I think the auto trades happen at open. I'll just track open price for everything I'm interested in and not buy when it's above my average and buy when it's below. Thanks!
Wow I remember that video, 1 yr goes pretty quick seems like yesterday.
I know!!
love the mindset thank you for this video
yeah, he has a real long term mindset.
I didn’t make shit. Been doing it for 3 years.
But you saved up
How much is in your account?
@@SN1PSRT Did he though? Money is worth less now then it was 3 years ago so he technically lost money.
@@alucard8433no he didn’t 😭
@@alucard8433that’s if you’re money is just sitting in the bank
Good study/experiment. Thanks for posting.
Thanks for watching!
Using your $5 a day investing tip, would you recommend investing daily into one ETF “VOO” with all $5 or splitting that $5 up, say $3 into VOO and $2 SPY a day?
I’m torn with between dividend reinvestment and piling up the cash and waiting for opportunity.
Continue to reinvest dividends over and over until they’re paying you out in the future, just remember how it’s free money you’re getting paid and it’s buying you more etfs or stocks over and over if that makes sense
I’ve been doing this with BTC through cash app. 10$ a week. Definitely adds up.
To the Starbucks cup : “I’m gonna miss you…” hahaha
That’s a sub ☑️
Love it!!
happy new year Woddyyyyy, thanks for and every thing video I have been learning a lot.....
Glad to hear it, and Happy New Year!!
If you watching this in 2024 he up thousands
If you ARE watching…
He IS up…
Pretending to be stupid doesn’t make you look cool.
Things are looking pretty good for you now. This is a video that ages well.
is it worth investing 5€ a day in eth, but coinbase takes a fee of 0,99€ which means i actually get 4,01€ worth of eth?
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
Do you really know him? I even thought that I am the only one who has helped overcome the fears and falls of trading.
So I’m confused, did you spend 5 dollars a day in one company? Or did you spend 5 dollars on Apple then the next day 5 dollars on google, or are you spending 5 dollars on Apple 365 times?
He invested $5 into an index fund called VOO which is basically a pool of different companies instead of just one company like Apple.
I'm new. Have no clue what to do. Everyone told me all my life that the stock market is like gambling. You can lose more than you earn. I live on social security disability.
Correct me if I am wrong, but if you just bought monthly you would have ended up with exactly the same outcome? My point being if you load a month's worth of cash each month there's no benefit to pay in daily?
THIS is an incredible question and very valid!! So much so, that I'll reply with a video exploring daily vs monthly. Stay tuned and I'll ping you with the link once the video publishes.
Here is the video! th-cam.com/video/hkB92CVI-6A/w-d-xo.html
Thanks. Watched, liked and subscribed. Looking forward to more quality content. 👍🏻
I just started this same thing for 2023 with JEPI.
Nice!
I tried to download the App but says this item is not available in your country. I live in Australia
Sorry about that! Robinhood isn't yet available in Australia. My other favorite app Webull is, and they offer the same feature as Robinhood to do the $5 a day piece (or anything you'd like to do): averagetoamazing.com/go/webull
Every Friday I invest $20 into stocks! Hope to increase in the future but hey gotta invest what you can just invest people in your future. Don't look back in 20 years with regrets!!
The thing I hate about buying crypto in robinhood is they charge you way more than the price shows. Its BS. They claim no fees, but charge you way too much for the purchase.
Best detailed video I’ve came across for Robinhood. Appreciate this .
Great video. Can see your passion for TH-cam and Investing very clearly in this video! Thank you!
I appreciate that!
Go for a 5$ a day next year for Nvidia or Tesla only and the result is going to be double at least
I do something similar to this but simple for me... and that is Acorns, round-up feature, that rounds the change of charges from all my linked accounts to the nearest dollar, then one that bucket hits $5 and invests it.. plus I do a 10-15 weekly.. so end up investing 100-200 per month in a moderate risk ETF... over the past few years up to a few thousand saved up with net gain of 100 as of today.
How does Robinhood handle etf expense ratio? Does it take it out of your “buying power” or is it baked into the cost?
Is this jpro?
Bob how do you invest $5 into an index fund. For example the fidelity index 500 is going for 193 dollars how do i invest only $5 dollars and not the whole $193 dollars
Should I do s&p 500 and a target retirement index fund? I can invest 1000 a month
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
@@Elena_gaze same I am using him now. I have made over 6k I’m last week
@@Peteliao wow awesome, I’ve this professional Broker, his service’s is way too Good….. his the Best ever thanks so much for Him….!!!
Sometimes it still brain profitable earnings while you invest In two different platform’s.
"Happy New Year" Bob and as always a great video to start the year with and get us all motivated. TY my friend and let's make 2023 a great year.👏👏👍🇺🇲👍
Happy new year!
Here in 2024 and the ROI has went up crazy. I mean dude VOO is up 150*5= 750 plus the 3,400 eth is worth it’s now 2,750 that’s insane returns
Hi, did you start with $5 and then started the $5 a day
Whats the best plataform to do this invesments?
Robinhood
Awesome video.thanks for sharing
Thanks for watching!
I’m going to start investing $25/wk into VOO. hopefully it’ll pay off in the long-term!
Amazing video! Thank you so much for sharing can’t wait to start investing my $10 a day Monday!
10:14
Where’s s the link of this websiteeee? 🥺
Good question, portfoliovisualizer.com
The day to day price of the stock how does that reflect On the dividend ?
It wouldn't impact the dividend at all, as the dividend would be paid based on how many shares you own (and if you don't yet own a full share, the dividend amount would be based on the dividend payout percentage based on the fractional share that you own).
How can I get that grafic so I can keep with that month to month
I opted to just buy every Monday to avoid making my bank account transactions messy using M1 Finance
Makes sense! Here's to a great 2023!!
3yrs from now that portfolio is going to be wild amazing.
hi I don't see where I can download the portfolio model configuration tool? Can anyone help me see where it's listed?
Just go to portfoliovisualizer.com and then click on "Backtest portfolio"
Update needed. Thanks!
doesn’t buying $5 each day of voo, and $5 each day of eth makes you pay fees for those two purchases every day?
Just starting in stocks, my plan is to put around in around in $50-$100 a week . Im just still unsure what i want to put it in.
Do some index such as VTI or VOO
Wich App are you using to buy and sell ?
does it cost to buy a share. since your buying a share every day do those fees build up?
I have $31,000 sitting in a traditional IRA. Not doing anything. Trying to figure what to do with it I was thinking about taking a hit and investing in a ETF
What do you do for coffee now ☕? Great video :) Thanks 👍
I brew at home - which doesn’t cost a whole lot compared to my original daily Bux 😁
@@BobSharpe Try Panera unlimited coffee deal :)👍
But when are you adding you five dollars if you added you five a day to you brokerage account but only pit it in on the dips youd be doing way better
It currently says that this stock is unavailable on Robin Hood?
Curious to know if GOGY is maintaining its positive momentum for investors. Is it still worth considering?
What’s the difference of doing $5 every market day vs $25 every Monday
I’m personally doing 50 every Monday split between SPY, APPLE, and KO but I’m not sure if I would have a benefit doing daily
@@petermorelli7009 are you buying something every week or monthly? because there will be a lot of fees on transactions everytime you buy, especially in here Europe.
Great report, ty for the information.
You're welcome!
Is VOO or VTI better ?
Can u set the time of day it will initiate on robinhood?
What a great idea. I except your $5.00/a day challenge. The stock that I will choose is SBUX. I really you simple, everyman idea of getting into the stock market. Do you have a video for dividend investing?
Where do you go to invest the money?
I tried robinhood. My first time it told me my documents were wrong. I didn't even get to invest. I contacted support...never got a response(after 4 seperate emails). I'm not sure whats going on, but as of 6-3-2023 most of the trading apps are suffering lots of issues with their apps.
Im from Brazil it is possible using that platform overseas? To deposit money and do the investment?
Do an update mid year to see the progress, to keep us motivated. I started doing this as well, Im around $500 between stocks & Bitcoin
Will do!
Should I invest in SPDR s&p 500 ETF or the Vanguard S&P 500 etf? Right now I have both.
What is the opinion on the 'Stock Lending' feature?
Hello Bob I think it would be good for us to show it step-by-step because I am new users on Robinhood. Thank you.
Ok that sounds good, I'll come back with a how-to video in the future!
@@BobSharpe I would be intrigued by that as well ...
I’m confused. He basically just told us he’s lost money and changed the subject. Why would I invest then?
I’d suggest watching the latest update video: th-cam.com/video/ugyg_Hq54xo/w-d-xo.html
Was there a specific reason you chose to "cover" the weekends by investing all $10 on Monday instead of splitting it over the remaining trading days? Like, in a normal 5D trading week, you could've invested $7 each day to better adhere to the DCA approach of $5/day as opposed to $15 on Mon and $5 for Tues-Fri, no?
No real specific reason or strategy, other than just thinking "alright, I missed Saturday & Sunday's $5 per day, so make it up on Monday!".
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
The strategies are tough for average people. They're usually done well by experts with lots of skills and knowledge.
Bob I’m 54 and plan to retire in 12 years I just started the $5 a day on robbinhood I have vti schd qqqm vym is this survice
VTI is enough, if you want exposure to international look into VXUS and since you're getting closer to retirement you might want to consider bonds (BND) Highly suggest reading or watching John Bogle's videos and boglehead investing.
@@norcalstockphoto how about VTI and SCHD together
i did the same thing but $20 per day for a year investing into VOO
Nice!!
Great video 🙂. I have one question if you don't mind, Can you suggest an app like robin hood that's available for people in the uk and maybe do a video on it for all of us over here on this little island 🙂
Hey, Mr. Sharpe! What’s your thoughts on this stock? “ PBR “ it yields high dividends with low cost.
Do you set up a second reoccurring payment for Mondays for the extra $10?
Nice man more people should be doing this, Just started doing $25 a day into s&p 500 last week
Has the 25 increased?
I never used this app, lets say u earn money.. does it automatically go into you’re account or do u have to sell it or something ?