How to invest your first $1,000
1/ The first 50% should be invested in a broad based ETF
ETF = Exchange Traded Fund
Think of this as a basket of stocks
They could track a broader market, a type of stock, certain market caps, or industries, etc.
$VOO S&P 500
$VTI Total Market
$SCHD Schwab US Dividend
ETF = Exchange Traded Fund
Think of this as a basket of stocks
They could track a broader market, a type of stock, certain market caps, or industries, etc.
$VOO S&P 500
$VTI Total Market
$SCHD Schwab US Dividend
2/ A 35% exposure to high-quality dividend stocks is how I would allocate next
High-quality dividend stocks with strong cash flows start building your passive income stream
10 High-Quality Dividend Stocks
$AAPL
$MSFT
$ABBV
$JNJ
$HD
$LOW
$LMT
$KO
$AVGO
$V
High-quality dividend stocks with strong cash flows start building your passive income stream
10 High-Quality Dividend Stocks
$AAPL
$MSFT
$ABBV
$JNJ
$HD
$LOW
$LMT
$KO
$AVGO
$V
3/ Now we can start to add a little more risk and invest 10% in Growth stocks
Growth stocks are going to add more risk, but also higher reward potential. These types of stocks are also going to be much more volatile
Growth stocks are going to add more risk, but also higher reward potential. These types of stocks are also going to be much more volatile
4/ When it comes to growth stocks, as we have seen in the past 7 months, you have to be able to stomach the BIG moves both up and down
Here are 10 popular Growth stocks:
$GOOGL
$TSLA
$AMZN
$META
$NVDA
$AMD
$CRM
$DIS
$ABNB
$PYPL
Here are 10 popular Growth stocks:
$GOOGL
$TSLA
$AMZN
$META
$NVDA
$AMD
$CRM
$DIS
$ABNB
$PYPL
5/ The Final 5% I attribute to Higher Risk plays, which typically include options
On a weekly basis I utilize options for further income opportunities
Selling Covered Calls
Selling Cash Secured Puts
Credit Spreads
Iron Condors
On a weekly basis I utilize options for further income opportunities
Selling Covered Calls
Selling Cash Secured Puts
Credit Spreads
Iron Condors
6/ These are some of the regular strategies I utilize outside of regular call and put buying
Options, if not done properly can have devastating hits to your investing account, so always ensure you are properly educated before utilizing any option moves
Options, if not done properly can have devastating hits to your investing account, so always ensure you are properly educated before utilizing any option moves
7/ I typically utilize options ONLY on stocks I do not mind owning and ones I watch regularly, including ETFs
$QQQ
$SPY
$AAPL
$TSLA
$MSFT
These are some of the common tickers I use for options
$QQQ
$SPY
$AAPL
$TSLA
$MSFT
These are some of the common tickers I use for options
8/ I hope you enjoyed the thread and as always, do not take any of this as financial advice as I am not a financial advisor
If you enjoyed this thread:
Please follow me @dividend_dollarRT the first tweet to share with your audience
Thank You!
-Mark
Please follow me @dividend_dollarRT the first tweet to share with your audience
Thank You!
-Mark
Here is a resource to help get you started if interested
dividendseeker.gumroad.com
dividendseeker.gumroad.com
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