Dividend Seeker πŸ“ˆπŸ’°πŸ’΅
Dividend Seeker πŸ“ˆπŸ’°πŸ’΅

@Dividend_Dollar

13 Tweets 14 reads Oct 04, 2020
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
THREADπŸ‘‡
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
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!
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
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
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
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
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
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
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!
Looking to begin your journey, let me help you understand more about investing
Pick up a copy of my book
Dividend Investing: The Secret To Building Lasting Wealth
🚨 25% off Next 10 Copies 🚨
gumroad.com
9 copies left at 25% OFF!! πŸ”₯ πŸ”₯
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