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**Stocks for BEGINNERS thread**
Why should you get in stocks ? Well .. everybody reasons are different BUT 9 times outta 10 , u have a savings acct ? IRA ? 401k ? CD ?
So u put money in these accts to receive a % back , right ? These % are low compared to stocks . EX: CD acct u making like 1%-4% back off $100 . Typically you putting in money only recieving $3-$7 A YEAR !! Not worth it 
https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ„Ž" title="Woozy face" aria-label="Emoji: Woozy face"> (if u want to generate real money)
A cd account pays out about 1-4% a year so off of $100 you make $2-$4 a year off that 100$ .. If you put you money in a ira acct or 401k u get $3-$7 a year off of every $100... Your doing good your making about 14% in less than a year
Ok so now that weâre on the same page as to WHY Iâm in stocks ... hereâs the break down of HOW I started .... first step , RESEARCH! I researched companies
You research companies 1. Iâm not putting money in a company that donât support my skin tone (yes I gaf bc , ya itâs a no for me) I paid close attention to Juneteenth!!! on a serious note tho .....
But frfr , u research companies to see how they move . Donât put money on a company who is not constantly evolving. EX: McDonaldâs vs Apple
McDonaldâs: overall have trash ass food and itâs not really much they can do to tweak they menu , itâs McDonaldâs for gods sake
Apple: CONSTANTLY EVOLVING!!! Every year itâs a new phone out , computer, headphones SOMETHING they on top of they marketing!
Apple: CONSTANTLY EVOLVING!!! Every year itâs a new phone out , computer, headphones SOMETHING they on top of they marketing!
******sidenote , the moment McDonaldâs decides to switch their menu up to healthy alternatives BET YOUR LAST DOLLAR ON THEM bc thatâs wat we want/need . The ppl gone go CRAZY !
Ok now that you done your research on companies , u ready to find a stock trader app , website or watevaaaa . Ok I started off on robinhood .. ummmm https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ€š" title="Gesicht mit hochgezogener Augenbraue" aria-label="Emoji: Gesicht mit hochgezogener Augenbraue"> itâs ok , but itâs not beginner friendly for me . So letâs head to CASH APP https://abs.twimg.com/emoji/v2/... draggable="false" alt="đ©" title="Mattes Gesicht" aria-label="Emoji: Mattes Gesicht"> (hate them too but it work)
Iâm advising you to start off small . I want u to test the water , get a feel first bc u donât wanna go crazy just yet !! $5 , $7 , $10 ... just to see some money come in . Day one I put $10 on 5 stocks . Just to see wat itâs like .
Now at this point , you should be watching to see which stock is bringing u money ... give it TWO WEEKS ! Before adding another red cent ! Iâll explain why later .
Week THREE . The stocks that are least favorable LEAVE THEM ALONE , keep ya lil $10 or wateva on there and DONT TOUCH IT !!! Week three itâs time to bring the bandzzzz out
Now ya stocks thatâs popping ? https://abs.twimg.com/emoji/v2/... draggable="false" alt="đŁ" title="Silhouette eines sprechenden Kopfes" aria-label="Emoji: Silhouette eines sprechenden Kopfes">LETS GET IT !
Got ya money ready ? BET ! Letâs do it ... so now we gotta match their âshare priceâ Iâve been telling yâall my money maker is SHOPIFY . Now in order to see some real money come in I gotta match or go over their share price !
I would have to put $264.95 or more in to receive some REAL money back !!
This isnât my Spotify stock BUT this is bad day is the stocks . The âtotal gainâ on a good day can definitely go up 1k
Wrapping up this thread ... going back to the beginning. U just made $200 extra , in a day when a bank acct COULD NEVER bring u this income back .
