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What are you going to do with your #DogeCoin winnings?
If you have no knowledge about trading
Here’s a simple strategy you can use to continue to grow your earnings with
Low Risk & High Reward
A Thread...
If you have no knowledge about trading
Here’s a simple strategy you can use to continue to grow your earnings with
Low Risk & High Reward
A Thread...
Create a Diversified, Growth Portfolio
Diversification means selecting stocks that move at different trajectories in order to reduce Risk and increase long term Gains
Growth stocks are companies that constantly increase in value
Great examples would be
$AAPL
$ARKK (etf)
$AMZN
Diversification means selecting stocks that move at different trajectories in order to reduce Risk and increase long term Gains
Growth stocks are companies that constantly increase in value
Great examples would be
$AAPL
$ARKK (etf)
$AMZN
To diversify, investors invest in multiple industries
Industries I believe will have high growth in the future are
- Marijuana
- Tech
- Clean Energy
Stocks/etfs in those industries
- $MSOS (etf)
- $NET (stock)
- $ICLN (etf)
Industries I believe will have high growth in the future are
- Marijuana
- Tech
- Clean Energy
Stocks/etfs in those industries
- $MSOS (etf)
- $NET (stock)
- $ICLN (etf)
Once you research companies and decide which to invest in
Dollar Cost Average into positions
This means to consistently invest a dollar amount into a stock over a period of time
So instead of investing $1k into $AAPL all at once
I would invest $100 every week for 10 weeks
Dollar Cost Average into positions
This means to consistently invest a dollar amount into a stock over a period of time
So instead of investing $1k into $AAPL all at once
I would invest $100 every week for 10 weeks
This strategy is meant to negate the volatility of a stock, reduces risk, and increases potentially upside
Most brokerages allow Recurring investments.
This means you can automate the entire process once you select the stocks in your portfolio
Most brokerages allow Recurring investments.
This means you can automate the entire process once you select the stocks in your portfolio
A brokerage I recommend for this would be M1 Finance
They have great systems that allow you to automatically invest in Diversified positions
So its a Set & Forget strategy that works perfectly for investors who hate spending all day staring at graphs https://www.m1finance.com/
They have great systems that allow you to automatically invest in Diversified positions
So its a Set & Forget strategy that works perfectly for investors who hate spending all day staring at graphs https://www.m1finance.com/
If you have any questions about Investing or creating more Income
DMs are always open
What are some Growth Stocks you think will take off in the future? https://twitter.com/messages/compose?recipient_id=1052377958986510337
DMs are always open
What are some Growth Stocks you think will take off in the future? https://twitter.com/messages/compose?recipient_id=1052377958986510337
