Investing like that is far better than savings in combating inflation. But in terms of money usage at 18 years old this is a very bad money advice especially for $600 at this age.
Out of curiosity, are you meaning blackrock stock? Because i did a few different blackrock mutual fund type investments and they’re holding my portfolio back imo.
The main difference is that mutual index funds most be bought trough a investment company who has a sales agreement from the funds company or the funds conpany. ETF index funds is publicly listed at a stock exchange and can be buyed and sold through a stockbroker, its like the differnce between keeping the iphone 15 you know, or upgrade to the next iphone 16.
you see my personal problem with all this is that investors are the reason why profits must keep being driven higher and higher, which in turn is why prices are raising. Companies cannot simply make profit. They need to make MORE and MORE profit each and every quarter. It's unsustainable. As profits numbers get higher, and people want larger _percentages_ in growth, then the amounts quickly skyrocket. It took Apple, Microsoft, and Nvidia DECADES to reach the $1trillion mark. After that it took them only a couple years each to ascend the next TRILLION. The same amount that took decades, took just a year or two because of this explosive growth. We can't keep this up and this stay affordable. All the "greedy corporations" you hear as the blame for "inflation" are run by these investors, and if you invest in it then you're just as much a part of the guilt as the people in charge. To have any piece of the company means you are directly involved in the motivation for increases. You're a part of why everything is going up and up. We need to crash the stock market. Break it down.
Investing like that is far better than savings in combating inflation. But in terms of money usage at 18 years old this is a very bad money advice especially for $600 at this age.
yes esp with the debt most have at that age
Have 99% of your portfolio in VOO and 1% of your portfolio in Amazon stock and you will out perform the market every year
Yes but where do I buy them?
brokerage account
I just opened up a Roth IRA. 30% is going to VOO. 10% to Blackrock, 10% Berkshire, and lesser amounts in several others like nvidia, visa etc
That’s a great start. Just keep the majority of your exposure in big index funds, buy some blue chips for the rest, and forget about it for 30 years.
Out of curiosity, are you meaning blackrock stock? Because i did a few different blackrock mutual fund type investments and they’re holding my portfolio back imo.
how old r you?
@@JoesCarnage yes stock
@@user-ft9uq8my7c 29. My 401k through employer is at 62k
I brought 5 billion Milady coin
I'd buy your course
index funds vs etfs? why? which specifically do you invest in? new to investing and need advice
index funds = etfs, just different names for the same thing
The main difference is that mutual index funds most be bought trough a investment company who has a sales agreement from the funds company or the funds conpany. ETF index funds is publicly listed at a stock exchange and can be buyed and sold through a stockbroker, its like the differnce between keeping the iphone 15 you know, or upgrade to the next iphone 16.
you see my personal problem with all this is that investors are the reason why profits must keep being driven higher and higher, which in turn is why prices are raising. Companies cannot simply make profit. They need to make MORE and MORE profit each and every quarter. It's unsustainable. As profits numbers get higher, and people want larger _percentages_ in growth, then the amounts quickly skyrocket.
It took Apple, Microsoft, and Nvidia DECADES to reach the $1trillion mark. After that it took them only a couple years each to ascend the next TRILLION. The same amount that took decades, took just a year or two because of this explosive growth. We can't keep this up and this stay affordable.
All the "greedy corporations" you hear as the blame for "inflation" are run by these investors, and if you invest in it then you're just as much a part of the guilt as the people in charge. To have any piece of the company means you are directly involved in the motivation for increases. You're a part of why everything is going up and up. We need to crash the stock market. Break it down.
Aye I work at Chipotle
Hello, can anyone buy stocks?
What it required to buy stocks?
😊 thank you!
is Robinhood a good app for this method?
Uhhh 30k on black ⚫️
Its always been an always has been meme!?
You are clearly giving investment advice . ... and your advertising a product. .... r u crazy?
what product is he advertising?