HOW TO INVEST 1000 DOLLARS 📈 Investing 00 In Stocks!
How to invest 00 is a common question I get. Investing 00 can be a great opportunity. If investing in the stock market, do your research before deciding how to invest 00 you have to spare. This video should shed some light on how to invest 1000 dollars.
How To Invest 00 In Stocks (Stock Market):
1. Open a trading account. I recommend using Robinhood as they do not charge commission or require a minimum account balance. Here is the link to sign up: http://share.robinhood.com/ryans964
2. Fund the trading account. This can be done by mailing a check, wiring money, depositing cash at a branch office or wiring money.
3. Decide on an investing strategy. Are you going to be investing short term, mid term or long term?
4. Decide on a portfolio of stocks to invest in. If you are looking to invest in a stock portfolio, I recommend investing in a blend of growth and dividend or blue chip stocks. Here are a few examples of structures based on risk tolerance:
Low Risk: Blue Chip Stocks of different sectors
Mild Risk: 10 to 20% Growth Stocks, 80 to 90% Blue Chips
Medium Risk: 30 to 40% Growth Stocks, 60 to 70% Blue Chips
Mid-High Risk: 50% Growth Stocks, 50% Blue Chips
High Risk: Majority to all Growth Stocks
In this video, I explain the difference between a growth stock and a blue chip stock. In my opinion, this is the best stock portfolio as a guideline for how to invest 1000 dollars.
Beyond this we enter what I call the “Stupid Risk” territory. This includes penny stocks, biotech or pharmaceutical companies, mining companies or having all your money in one stock.
CALL MY CHANNEL HOTLINE AND LEAVE A QUESTION!
#1 BOOK I RECOMMEND (Wealth): http://amzn.to/2sncXrg
#2 BOOK I RECOMMEND (Mindset): http://amzn.to/2smXaIW
#3 BOOK I RECOMMEND (Happiness): http://amzn.to/2smO0Mv
#4 BOOK I RECOMMEND (Investing): http://amzn.to/2rsXWny
Follow me on Twitter! https://twitter.com/RyanOScribner
SD CARD: http://amzn.to/2rttI3K
ACOUSTIC PANELS: http://amzn.to/2s2ywjr
If this video brought value to you, please leave a like! If you are looking to find out more about anything I discussed, drop me a comment or contact me on Twitter. Subscribe to be updated on my journey through life!
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.