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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 ]
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?
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)!
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
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
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?
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)
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...
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)
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.
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
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
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
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
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
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
I've got a great product for you
My newsletter The Big Picture is 33% off
I go over:
- Stocks to buy
- Long term trades
- ETF strength/where to buy
Use code "money" and find your match today! https://gum.co/elIOM
I've got a great product for you
My newsletter The Big Picture is 33% off
I go over:
- Stocks to buy
- Long term trades
- ETF strength/where to buy
Use code "money" and find your match today! https://gum.co/elIOM
