carlosbattousai
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Let's talk about Investing. So what I've setup is what I fe..
🕑 Added 2021-10-21 14:01:00 +0000 UTC Let's talk about Investing. So what I've setup is what I feel is a good foundation for anyone that's getting into investing. Whatever dollar amount you put in is up to you. I'll start not with a stock,but with building a "War Chest". What I do is every week I put in $20 into my buying power so I can buy when there's a nice dip or market correction. The photo shows a few times I've used the War Chest to buy the dip. Another strategy I use is called dollar cost avg. All this mean is I buy when a stock goes up and downs or trades sideways (AKA flat) I do this with recurring investment that pulls from my checking account. Reason being It allows the war chest to be mighty!!!! I strong think you should do weekly recurring that way you buy into more dips in prices than not. On to the STONKS!!!! SPY (Market Index fund) SPHD (Monthly dividend ETF)) PLTR (Growth play) MSFT (Tech play dividend stock) DG VYM (Dividend ETF) QYLD (Month covered call dividend) and finally VYMI ( International ETF) These stock and ETF's will give you a nice solid well rounded exposure to the market. (In my opinion) I would turn on D.R.I.P in the settings. What this does is when you're paid a dividend it'll go back and buy the share that paid you that dividend. This causes a snowball effect as you continue add to you position. Not Financial Advice
