- Home
- Personal Finance
- How to Invest Your First $1,000!
Related Posts
The American Express Gold Card: Is it worth it?
Rich ≠ Righteous
URGENT: The Federal Reserve Isn’t Coming To Save Your Portfolio
Focus on These 4 Numbers to Become a Millionaire
Trump Just Broke The US Dollar: Mar-a-Lago Accord Explained
It’s Giving Pre-2008 😬
Do Not Do These 3 Things With Your Tax Refund
You Contain Multitudes!
Joe Lilli
Do you recommend dividend investing for a newbie?? (assets like SCHD, SBUX, JNJ, etc)
I’m not him, but I guess it’s fair to say it’s always a good idea to take care that what you’re getting extra in dividends is as at least as much as the profit you don’t make from share price changes (or whatever your strategy is) b/c those stocks and ETFs with high dividends may in turn underperform on that end in comparison to others with fewer or no dividends 🤓
In this context, with ETFs specifically, there’s also costs (fees) involved getting deducted from your profits by the ETF issuer, and these may be higher for those “fancy” “dividend aristocrats” than for “regular” ones 💸
In other words, don’t let dividends blind you — what counts is the overall money you make 😎 BTW, a lot of people are rather critical about “themed ETFs”, and some would call this another “theme” 😅
Also, depending where you live, dividends may have different tax implications than “speculative gains” as they’re realized right when you get them, rather just when / if you’re selling the stocks 📊
➡️ This isn’t investment advice. In the end, you will have to make your own decisions 😉
For an upper middle class 26 year old with a degree in computer science and some good cash saved up, would it make sense to move to America for house hacking (i.e. buying a fourplex)? It would also make sense for me to live next to a Micro Center as i own a small PC business
As long as you can trust your renters. If you got someone that will not pay rent, and trash your place then it will be a huge financial burden.
Not even a little btc?
Why do you need btc for your first 1k as you learn, the less volatile the better for someone as they learn.
What about mutual funds?
ETFs are cheaper and better in most cases.
$1000 isn’t much
True, that’s why it’s the first 1000, then as you add the next 1000, you’ll have 2000
I think it is worth noting, this is an extremely concentrated portfolio. 37% of the S&P is invested in 10 companies. and QQQ changes the weights to increase that concentration.
One of my biggest financial mistakes was not being born in 1930 and dropping $100 into the S&P 500.
I’m finally dipping my toes into the investing world—even if it’s not a fortune yet.
Look! Timing the bottom of the market is notoriously difficult, even for seasoned investors but consulting with a financial advisor can also provide personalized guidance tailored to your specific financial situation and goals.
I’ve been in touch with a financial advisor (cfa)ever since I started investing. Knowing today’s culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders
Sounds interesting! Please can you leave the info of your Investment advsor here? I’m in dire need for one. Alot of people dont know how useful they can be.
James Brendan McCall is a highly respected figure in his field. I suggest delving deeper into his credentials, as he possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
NAHHHHH put it all in mumu the bull
Don’t listen to this guy. Way too concentrated and highly correlated. The portfolio only moves one way. Need to diversify. QQQ and SPY is like buying united and Delta. God I hate YouTube “financial advisers”
No crypto? I have <10 % in btc etf
would this work investing this into an roth ira?
QQQ has an expense ratio of 0.2%.
Why that one??
That’s nothing.
@kinggator2233 Nothing is zero. And 0.02% is very low.
Definitely VOO over SPY, same returns but at 1/3 the expense ratio, and healthier inflows. QQM over QQQ, same exact index but at less than 1/2 the share price and lower expense ratio too.
Yup. I have lost a lot of money betting on penny stocks 🤣😂.
I’ve moved on to more dividend stocks. But you learn as you lose on those investments 🤣😂
Same, I still have a couple riskier investments, but it’s a small percentage of my portfolio. Only single stocks over 5% of my portfolio is Amazon, but that allocation is shrinking as I DCA into it and other positions.
5 years for 80% gain?? brother just throw it into crypto
Wow, that’s so awesome how you looked back at the last 5 years of performance to determine how you would have invested 5 years ago. You’re a genius.
S&P 500, Tech and individual stocks like Apple… you’re not getting much diversification there? You’re basically putting money into Apple via 2 ETFs & directly.
Was just thinking about that.
Massive overexposure on tech as well. Past performance does not predict future results. We could be entering a tech winter for all we know. Maybe AI fizzles and tech is down for the next decade.
Or just Bitcoin😉
I don’t understand how this portfolio offers “a lot of diversification”? More than 80 companies in QQQ are also listed in S&P 500.
SPLG is another good S&P 500 ETF.
You would be massively overexposed on tech. Past performance does not predict future results. Theres no guarantee that American tech companies continue to dominate the world. Imagine a future where Europe and China get their tech sectors in order. Just buy VTI snd VXUS. Equal exposure across the board. The only decision to make is what % US vs international.