There are plenty of ways to invest your money in the market

With so many options

How do you find a match for you?

When do you swipe left or right?

Lets dive deeper into

"Money Market Tinder"

[ A THREAD ]

1.

For those of you who don't know what Tinder is

It's a dating app where you swipe left to reject someone and swipe right to show an interest in them

Choosing investment vehicles is similar to tinder when you think about it

The question is

How do you find your match?

2.

Let's kick it off with stock shares

This has been my personal "swipe right"

I've got a ton a sub-niches that match what I'm looking for

We've got

- Growth
- Dividend
- Blue Chip
- Defensive
- & Cyclical

I swipe right often here (don't judge)!

3.

I've found most of my trading (dating) success in growth stocks

These stocks are expected to grow at a higher rate than the market (eg. Tesla, Amazon, Zoom)

You likely won't get a dividend from these companies as they reinvest earnings into the company to keep growing

4.

I'm currently focused on adding growth-dividend stocks to my portfolio

As much as I may love a high dividend yield

I would rather have my investment rise while paying me a small portion in dividends

Vs my investment not rising much but receive a higher dividend yield

5.

Next up let's take a look at exchange traded funds (ETF's)

This is a basket of stocks all in one fund

Although not my #1 choice

I swipe right often for a long term relationship

You might be asking yourself

Which ones do I swipe right to?

6.

I love my growth stocks so growth ETF's are a must!

That doesn't mean I don't love my more defensive/dividend ETF's any less

My favorite picks are:

- Tech focused $QQQ (up over 132.71% in 5 years)
- Vanguard ETF $VOO (up 51.65% in 5 years)
- Vanguard ETF $VYM (Div ETF)

7.

I might get some hate for this next one...

I always swipe left when it comes to options

Quite honestly I've never had a great relationship with these

I found my match with shares & ETFs

What doesn't work for me might work for you though...

8.

Options trading has it's advantages

You can potentially make more money with them if done right

You don't need a high initial investment

Your risk is predefined when you buy (you should always know your risk on a trade before buying though)

9.

If you do find your match here

Make sure you know the risks you're taking!

A 25% down day for your account isn't "just apart of the game"

That's just terrible risk management

There's no excuse to have a down day like that

Plain and simple.

10.

Next we'll take a look at the foreign exchange market

Like options, I usually swipe left

They're simply not my kind of trade

Again

What doesn't work for me may be your cup of tea

11.

Forex trading is where you're able to trade the world's currencies

Some of the benefits include

- Convenient market hours
- High liquidity
- Trading on margin

You can find most of the benefits in the stock market

It comes down to what works best for you

12.

Lastly we're looking at crypto

I've swiped both left and right here before

I traded Bitcoin back in the day

And made money off of it

But it wasn't exactly for me either

13.

Crypto can very volatile at times (just like stocks)

But the price swings on bitcoin were higher than my regular $50 stock

Over time I've been able to manage my emotions better

But found that I didn't need to reinvent the wheel to find success

So I stuck with stocks/ETFs

Have you found your match yet?

Why or why not?

Knowing who is a match for you will help you a lot in the long run

I chose stocks/ETF's as a I could manage my risk easily

I don't lean towards options/forex/crypto because they're simply not for me

If you're looking to find your match in stocks/ETF's

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