Investing $5 a Day After 1 Year and 7 Months (Robinhood Portfolio)
JULY UPDATE! In this video, I share my personal journey of investing $5 every day since January 2022 in Robinhood’s Automatic Investment Program. A fantastic platform for anyone wondering how to start investing without a significant initial sum. STUFF I RECOMMEND!* Investing Apps and Tools: 🤑 Robinhood App - Get A Free Share of Stock valued between $2.50 and $200 Just for Starting ► https://ift.tt/nJ9lQfy 🐂 Webull App - get up to 12 free stocks (limited time) ► https://ift.tt/wTgKnC0 💰 Seeking Alpha - get the best research tools to stay ahead in your stock and ETF research. Receive 50% off on a Premium Membership ► https://ift.tt/NTcKRXP 💰 Track Your Dividends ► https://ift.tt/63EgeNK Credit Cards & Credit Score: ✅ Check Your Credit Score for Free at Credit Karma ► https://ift.tt/AEOpj7n 💳 Apply for an American Express Card with this link. We can both get rewarded if you're approved ► https://ift.tt/k70UOoq What’s this about, you ask? It’s about investing only $5 daily, essentially setting and forgetting your investment. Regardless of the market fluctuations, you let your money grow over the years, without touching it. This investment strategy is quite intriguing, especially for beginners. I’ve been investing in the S&P 500 ETF, a fund tracking the top 500 companies in America, and Ethereum, a popular cryptocurrency. As the market operates Monday to Friday, I initially had to manually invest $10 on Mondays to make up for the weekends. However, thanks to your insightful comments, I now invest $7 per day from Monday to Friday. For those new to Robinhood, you don't need to have the full amount to buy shares. Fractional shares trading allows you to start investing with as little as $1. You don’t need $407 to buy the Vanguard S&P 500 ETF share; you can invest with only $5 or $1. The real charm of this journey is watching your investment grow. For instance, I started with a mere $5 daily investment and now own 7.38 shares of the Vanguard S&P 500 ETF and 1.5 Ethereum. This growth, combined with dividends received, amplifies the profit. Just remember to always do your own research before starting to invest as the information shared here is not financial advice. A common question many of you asked is about brokerage fees. Fortunately, Robinhood offers commission-free trading. This is crucial because it wouldn't be beneficial to invest $5 daily and then pay a $9 brokerage fee. For international viewers, I recommend looking into commission-free trading platforms available in your country. Robinhood and Webull are excellent choices, both offering automatic investing. Why only $5 a day, you might wonder? The answer is simple. This video aims to inspire people to start investing, regardless of their initial capital. By starting with $5 and then gradually scaling up as your financial situation improves, you’re setting yourself on the path to financial independence. So, are you ready to take that first step towards your investment journey? You can start as small as $1 - the key is to start now and stay consistent. Don't forget to check out the Robinhood and Webull links in the description below to kick start your investment journey. 🤑 Robinhood App - Get A Free Share of Stock valued between $2.50 and $200 Just for Starting ► https://ift.tt/nJ9lQfy Feel free to share your thoughts or ask questions in the comments below. I read every single comment even if I can’t respond to all of them. I appreciate your feedback and input. Remember, investing is a long-term journey. It will have its ups and downs, but with patience, it can yield fruitful results. So, whether it's in the stock market or cryptocurrencies, always remember to invest responsibly. Chapters of this July Update Video: 00:00 Investing $5 a Day 00:54 Robinhood Automatic Investing Program 01:10 Investing in Stocks and Crypto 02:36 What VOO Investment Looks Like 04:32 Power of DIVIDENDS 05:18 What Ethereum Investment Looks Like 06:32 What About the Fees? 07:37 Why Only $5 a Day? #Robinhood #Investing #FinancialJourney #AutomaticInvesting #Ethereum #S&P500 #CryptoInvesting #StockMarket #InvestingForBeginners #PersonalFinance #InvestmentStrategy #LongTermInvesting #FinancialIndependence #Webull #FractionalSharesTrading #CommissionFreeTrading *Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
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