The stock market is something I always wanted to invest in, but I was afraid to invest in it. I don’t know one successful person that has invested in the stock market.
Start teaching your kids about finance at an early age.
The only money risk people in my neighborhood take is the lottery. However, I took a chance and bought my first stock. Once I made my first purchase I encourage my friends to invest.
Right now is the perfect time to invest, people panic and sold their stock, while making the stock market crash. However, You can buy a great company’s stock at low prices. Once the government stimulus package drop, you will become a winner.
I tried CashApp stock and didn’t like it. However, I switch to a better solution Robin Hood. Robinhood gives you the same features as CashApp but even more. You can do advance trading and earn free stock. Furthermore, Robinhood competes with traditional stock apps and software.
- Only invest money that you don’t mind losing.
- Do research companies you want to buy stock.
- Build a portfolio with at least five stocks in one year.
- Buy the full stock or do fractional shares for the stock you cannot buy.
- A fractional share is a portion of one full-share. However, brokers like Robinhood and CashApp sell fractional shares together to create whole shares which can then be bought or sold.
- Manage your portfolio with apps like Yahoo Finance Portfolio, or Ticker.
- Don’t stress over the stock market going up and down. Buy stock in companies you know will do well and let it grow. Don’t check the stock market every day. Don’t just buy cheap stock.
- Invest in stock from companies that you value and use.
- Software like Robinhood doesn’t charge a broker fee, so you can buy and sell stock free.
- Open a High-Yield savings account, which earns you a higher interest rate for your deposits than a traditional savings account. I recommend Goldman Sach Marcus www.marcus.com, which offers 1.70% APY Online Savings Account. Citi Bank which offers 1.75% APY Online Savings Account. Marcus offers free saving while Citi Bank is giving away bonus money when you signup with $100.00 use promo code spring20.
Do you have any tips? Leave a comment in the comment section.
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Start investing in the stock market and get stock like Apple, Facebook, Tesla, or more https://join.robinhood.com/renalde7.