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Beginning your investing journey is one of the BEST decisions you can make during your lifetime
There are some specific "Do's & Don't" for new investors I would like to cover
THREAD
There are some specific "Do's & Don't" for new investors I would like to cover
THREAD
1/
"Start Early"
The earlier the better, but getting started is the most important
Let's see how you can generate $1M by age 60. Let's assume a 9% return
20yo invests $245/mo
30yo invests $610/mo
40yo invests $1,625/mo
Starting earlier makes a HUGE difference
"Start Early"
The earlier the better, but getting started is the most important
Let's see how you can generate $1M by age 60. Let's assume a 9% return
20yo invests $245/mo
30yo invests $610/mo
40yo invests $1,625/mo
Starting earlier makes a HUGE difference
2/
"Don't Start Day Trading"
Day trading comes with risks! When starting out, build a portfolio base 1st before adding risk
Day trading takes education and is a difficult way to begin your investing journey
I prefer new investors build a base of ETFs and Dividend stocks 1st!
"Don't Start Day Trading"
Day trading comes with risks! When starting out, build a portfolio base 1st before adding risk
Day trading takes education and is a difficult way to begin your investing journey
I prefer new investors build a base of ETFs and Dividend stocks 1st!
3/
"Diversify"
A DIVERSIFIED portfolio is the best portfolio. Here is how I breakout my portfolio
35% Dividend Stocks
30% ETFs
25% Growth
5% Fixed Income
5% Options
"Diversify"
A DIVERSIFIED portfolio is the best portfolio. Here is how I breakout my portfolio
35% Dividend Stocks
30% ETFs
25% Growth
5% Fixed Income
5% Options
4/
Dividend Stocks come in various types
Traditional Dividend (Decent Yield, slower Growth)
$KO $PEP $JNJ $MMM
Dividend Growth (share appreciation and Div Growth)
$HD $SBUX $V $AVGO $ABBV
REITs
$O $STOR $PSA $AMT $STAG $WPC $SPG $FRT $MPW
High Yield
$MO $T $VZ $XOM
Dividend Stocks come in various types
Traditional Dividend (Decent Yield, slower Growth)
$KO $PEP $JNJ $MMM
Dividend Growth (share appreciation and Div Growth)
$HD $SBUX $V $AVGO $ABBV
REITs
$O $STOR $PSA $AMT $STAG $WPC $SPG $FRT $MPW
High Yield
$MO $T $VZ $XOM
5/
ETFs you can find in all shapes and sizes
S&P 500 ETFs $SPY $IVV $VOO
Sector Specific ETFs $VGT $XLF $XLK $SCHH
Growth ETFs $ARKK $FDG
Dividend ETFs $DGRO $VYM $SCHD
ETFs you can find in all shapes and sizes
S&P 500 ETFs $SPY $IVV $VOO
Sector Specific ETFs $VGT $XLF $XLK $SCHH
Growth ETFs $ARKK $FDG
Dividend ETFs $DGRO $VYM $SCHD
6/
"Ignore Penny Stocks"
Similar to day trading, I suggest investors refrain from beginning with Penny stocks. In fact, I ignore penny stocks in general simply due to the HIGH RISK
"Ignore Penny Stocks"
Similar to day trading, I suggest investors refrain from beginning with Penny stocks. In fact, I ignore penny stocks in general simply due to the HIGH RISK
7/
"Focus Long Term"
My focus is on investing and specifically investing for the Long-Term. Patience tends to be rewarded when it comes to investing in high-quality companies
The Get Rich Quick schemes tend to be a focus for new investors, but usually end up in BIG FAST losses
"Focus Long Term"
My focus is on investing and specifically investing for the Long-Term. Patience tends to be rewarded when it comes to investing in high-quality companies
The Get Rich Quick schemes tend to be a focus for new investors, but usually end up in BIG FAST losses
8/
"Educate"
Always continue to educate yourself, either through reading or courses
I am always looking to gain further knowledge and look to gain an edge or make better or more sound investments
"Educate"
Always continue to educate yourself, either through reading or courses
I am always looking to gain further knowledge and look to gain an edge or make better or more sound investments
9/
These are just some of the Do's and Dont's a new investor should follow.
Educate + Diversify + Patience will go far for you!
Best of luck and please let me know if you EVER have any questions!
These are just some of the Do's and Dont's a new investor should follow.
Educate + Diversify + Patience will go far for you!
Best of luck and please let me know if you EVER have any questions!
