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re: Looking for an beginner app/ platform for small investments, etc.
Posted on 1/18/18 at 5:37 pm to stout
Posted on 1/18/18 at 5:37 pm to stout
How much do you have invested in single stocks at one time though.
I’m talking like $500 here. Only way I can get much of anything is if I buy these shitty $5 stocks.
What’s the point of buying 3 shares of something at $150 and after 3 months making $30. I’m not seeing that worth doing anything with
I’m talking like $500 here. Only way I can get much of anything is if I buy these shitty $5 stocks.
What’s the point of buying 3 shares of something at $150 and after 3 months making $30. I’m not seeing that worth doing anything with
1
Posted on 1/18/18 at 5:42 pm to YoungManOldMan
quote:
after 3 months making $30
On that path, in 10 years, you'll have made over $1000.
You take the $150 you make every 15 months and buy another share and it adds to your overall total.
And if you get some more money and buy 10 shares instead of 3 shares you'd triple your earnings, etc....
It's not fun active trading, but that's not the point of relatively low risk long term established stocks like Apple.
This post was edited on 1/18/18 at 5:44 pm
Posted on 1/18/18 at 5:46 pm to Breesus
Yep time is your friend and a constant trickle of additional contributions along with dividends.
Posted on 1/19/18 at 4:45 pm to stout
quote:
This week I have bought 200 shares of KEM
FWIW, this is looking like a good call for anyone that wants to research and decide if you like the entry point. I am in at $18.38 per.
Posted on 1/20/18 at 7:04 am to stout
Opened a Robinhood account. We'll see how this goes.
To start I went with:
Smart long term investments:
VOO
SCHK
SPY
Tigerdroppings inspired boom or bust millionaire retirement plan:
AUPH
MJX
NAK
EGO
XXII
GE
To start I went with:
Smart long term investments:
VOO
SCHK
SPY
Tigerdroppings inspired boom or bust millionaire retirement plan:
AUPH
MJX
NAK
EGO
XXII
GE
This post was edited on 1/22/18 at 9:26 am
Posted on 1/22/18 at 9:24 am to Breesus
I also went ahead and started an Acorns account. The rounding feature is pretty cool.
I went moderately aggressive profile, which is 20% Bonds and 80% Stocks
I went moderately aggressive profile, which is 20% Bonds and 80% Stocks
This post was edited on 1/22/18 at 9:38 am
Posted on 1/22/18 at 9:42 am to Breesus
quote:
GE
Goodluck. I got out of that quickly. That earnings report is going to be dismal on Wednesday.
You need to move that to long term hold or get out now, watch it bottom or reenter.
I could see $12 a share as the floor here.
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