How To Buy And Sell Stocks With Cash App Investing

[@JarradMorrow]

Cash App - Open an account using this link cash.app/app/XQNMKMQ. Once you do that you'll receive a free $5 when you send $5 to someone. My Cash Tag is $TheJarrad This is how you sell stocks on Cash App Investing: kzbin.info/www/bejne/b5Spp5qAjMZkZpo Check Out My Recommendations (and help support the channel): 💰 M1 FINANCE - Invest In Fractional Shares For Free (where I invest my Roth IRA) m1finance.8bxp97.net/eX16D ---------- 🏠 FUNDRISE - Start Investing In Real Estate The Easy Way! (I have money invested here) bit.ly/FundriseJM ---------- 💎 WEBULL - Free Stock Investing Platform (Get 2 FREE stocks worth up to $1400 when you deposit $100 upon opening your account) bit.ly/WeBullJM ---------- 📈 BLOOOM - FREE 401k and IRA Fee Analyzer. Are your 401k and IRA fees too high? bit.ly/BloomJM ---------- 💵 ROBINHOOD - Free Investing Platform (FREE stock worth up to $200 when you open an account and fund it) robinhood.c3me6x.net/PoaWz

[@killilluminati321]

Can you plz recommend me a book to gain more knowledge about the basics of trading and investment

[@JarradMorrow]

@@killilluminati321 "Unshakeable" by Tony Robbins or "A Simple Path To Wealth" by JL Collins. I'd suggest reading both at some point, but you can't go wrong starting out with either one.

[@killilluminati321]

@@JarradMorrow thanks I'm on it I really truly want to become and have the knowledge whether there mistakes or not cuz it's really only temporary failure till it come back high anything is good for me really knowledge is the key so I seek it what audio did you said u recommend even from you it good wise

[@markjones8144]

Yo ?

[@markjones8144]

@Jarrad Morrow

[@Livphom]

I wish someone could explain it like they’re explaining it to a ten year old lol.

[@JarradMorrow]

What questions do you have?

[@xWonders_worldx]

Jarrad Morrow EVERYTHING

[@cam4252]

I be saying the same thing 😂😂😂

[@kittenbutterbean9442]

Whats the point of doing this? How does this work?

[@amberjones7814]

@@JarradMorrow so if I buy a stock, one time only. How long do I keep it? And. Will the stock be good for the same day or the rest of the week? I am so new at this. I am trying to understand investing stock.

[@summonerlife230]

A year later and it still helped me thank you , no bullshit guide to investing 🤣

[@JarradMorrow]

Nice!

[@anthonythomas2990]

How long did it take to verify you? It doesn’t tell me

[@summonerlife230]

@@anthonythomas2990 only took a few business days base it off robinhood 3-5 day business verification progress its basically the same

[@exaucemayunga22]

Very simple, and no fees at all except Bitcoin

[@JarradMorrow]

For sure!

[@lisac3726]

Thank you for this video! I’m brand new to investing, I signed up for Robinhood thru your referral. I need to know everything there is to know about investing now! Please keep the videos coming! 🙏🏻

[@JarradMorrow]

Thank you! I will!

[@JarradMorrow]

They just started offering fractional shares.

[@hlbztransparency8722]

One star the apps Robinhood and WeBull. You can still buy these stocks(GME AMC )on E*TRADE and CASHAPP . They halted the buying of these stocks

[@JarradMorrow]

👍

[@itsskiner9322]

At last found a video with no bot comments. 😂

[@JarradMorrow]

Haha the only reason is because I'm having to constantly delete and block them. This video probably gets at least 50-75 (not exaggerating) of them every week. Those scammers really like targeting the people trying to use Cash App.

[@DivineSoul999]

@@JarradMorrow Wow, nice to know.

[@tombomb38]

Bitcoin was 7k when he did this. It’s 30k today. Haha

[@JarradMorrow]

It's wild.

[@amirhossein4629]

Never say you're not intrested in business, thats what you get😆

[@amirhossein4629]

According to my calculation your $5 would have been $203 today. 1/5/21

[@JarradMorrow]

Which business did I say I wasn't interested in?

[@JarradMorrow]

Hindsight is 20/20 when it comes to what the price it. I stand by my comment that putting your money into Bitcoin is still a speculative investment because it is. Mind you, I do hold speculative investments as a portion of my overall portfolio, but it's an extremely small % of it.

[@StarSuperProduction]

i invest in the oil and gas industry at this point of it being on the low side. $4.50 once you invest in it leave it alone and when a oil boom strikes like we got last time i seen those shares up to $2.350 a share.

[@JarradMorrow]

Past performance is no indication of future results. I’d be careful with assuming that sort of thing when purchasing individual stocks. Not smart.

[@zongyang779]

Thank you for the tutorial. I like how you kept it plain and simple

[@JarradMorrow]

You’re welcome. Thank you for the feedback.

[@clarissaturner4100]

Thank you so much for this video.

[@TippyTiffGurl]

@@clarissaturner4100 did he explain how to sell stocks? I feel like I missed that part.

[@michaelfinch9522]

Great Video! A friend told me about this investment tool. I've maxed out my current retirement fund so I was looking for another way to invest. I'm going to give this a try.

[@JarradMorrow]

Glad it was helpful!

[@riddledsacrifice13]

Yo I know this video is soooo old but it's the first video I've seen of your and probably won't get read but hey dude your awesome looking threw your comment you hearted everyone of em/read everyone of em your awesome much love

[@JarradMorrow]

Appreciate it. I’ve tried my best to get to as many of the comments on this video as I can. I can tell that there’s a lot of beginners using the Cash App investing platform so I think it’s extra important for me to help them all out and guide them in the right direction when it comes to investing.

[@drudown76]

thank you for doing the bonus sending thing. I appreciate it

[@JarradMorrow]

No problem! Were you one of the people I did it for today?

[@jamillaadams7749]

Hopefully you'll see this but I'm wondering why some of the stock prices on Cashapp is different than the actual market price??

[@JarradMorrow]

I just double checked a few on my end and they’re moving up and down correctly. The price is always moving while the market is open so that could be why it might look a little off for a second?

[@Eye-it-azz]

Stocks move up and down constantly, in seconds.

[@kevin-wo4rs]

So I decided to start investing or like it caught my eye and everything seems overwhelming and like so much to learn tbh. I’m 19 and I do want to learn or get started soon but I feel like I don’t have what I need. What do I need or should have if I want to start investing before the year ends

[@JarradMorrow]

I have some videos you should watch to get started with learning. First, watch this video where I break down the order of how you should be investing: kzbin.info/www/bejne/nXbQpatufZJ2oNE Second, watch this video where I break down index fund investing. It's the investment that most people should be putting the majority of their money into: kzbin.info/www/bejne/oovXmax7otBprqc Third, if you want to see what I invest in then here's a video I made breaking down my portfolio for you: kzbin.info/www/bejne/noGldqmMaamAqbc Fourth, stay tuned because I have some more beginner videos coming out soon. i.e. What's the stock market? How does it work? What makes a stock price increase? What makes a stock price decrease? Feel free to ask any questions in the comments and I'll answer anything you want to know.

[@latosharenee8786]

When the stocks doing good and you start to profit, how do you cash in? Can you please show us that

[@JarradMorrow]

Most people shouldn't be selling their investments until they need the money in retirement.

[@JarradMorrow]

😂 okay

[@kawaiisakura23]

Amusis exactly why won’t he answer the question properly

[@JarradMorrow]

Here's a video I made on how to sell your stocks: kzbin.info/www/bejne/b5Spp5qAjMZkZpo

[@kawaiisakura23]

Jarrad Morrow I appreciate you’re genuine response. The reason why we are asking is because this “corona” virus is making all the jobs pause well atleast in my area and I can’t depend on a job right now I have family to take care of so I gotta do what I gotta do and then go from there. Thanks again.

[@Unwatchible]

Hey! I just bought $1 of Tesla, and $10 into Rocket Companies, But the problem is that every time it says it’s gonna buy the stock, the date changes. Why is that?

[@JarradMorrow]

If you placed the trade outside of when the stock market would open then that could be why.

[@joannaatkins556]

I purchased cocoa cola, pepsi Nike,McDonald,Six Flags& waste Management off cash App. It's doing pretty good so far

[@JarradMorrow]

Nice!

[@joannaatkins556]

@@JarradMorrow .. Thank you

[@yasirsaenz2260]

Do u get doubled your money?

[@trilltrapnino64]

This video the only reason I just bought stock preciate the pointers✅

[@JarradMorrow]

Nice!

[@goodknight3072]

oof that 7k bitcoin price, looks at current $30k - $40k range.

[@JarradMorrow]

👍🏻

[@TCC1997]

60K*

[@ianbdb7686]

@@TCC1997 67k

[@cameronglasper5321]

Whats the word on etf accounts? Are they worth spending on? And why?

[@JarradMorrow]

Absolutely! I made a video breaking down index funds here: kzbin.info/www/bejne/oovXmax7otBprqc

[@nataliecruz1929]

How would I buy an entire share? Just manually entire the share worth ? What I’m confused about is why people get excited over share splits and the ability to invest at cheaper rates when this whole time you can invest as little as 1 dollar and you don’t really have to wait for you to get enough money to buy an entire share.

[@JarradMorrow]

That’s correct.

[@sirus312]

I've been investing for 20+ years. Cash app is so simplistic. I've actually wasted more time researching stocks. You don't need to. Just buy the leaders and chill. Someone pays me for dinner easiest/quickest way to buy stocks I like without multiple transfer.

[@JarradMorrow]

Cash App is simple to use. The only downside is that they only offer a taxable investment account. I'd say buy index funds and avoid picking individual stocks.

[@sweetnessnani]

I’m new to investing. I didn’t invest a lot into my stocks. Should I add more money to my investments each week? Or should I invest in more stocks? I I bought three stocks this week.

[@JarradMorrow]

It all depends on your preference. If you purchase an index fund like VTI or VOO then you're automatically investing in hundreds of companies.

[@alicialicon170]

Looks like it was your fist time too!!

[@JarradMorrow]

Yes. I put this video out when it was first released.

[@Ladyboston]

I already have cash app and thank you so far u are my go to man so ty

[@JarradMorrow]

Thanks!

[@Ladyboston]

@@JarradMorrow you are welcome my numbers were in the - before your videos, I starting selling couple stocks that have provided no return for months , piece by piece. I am getting my$back at the least. FYI McDonald’s pay divides. . Keeping my buying low . Unless I got heart& info in the company. I buy ones , company will go back up. Internationally trading ? Thoughts 💭

[@JarradMorrow]

I don’t invest much in international. If I ever add that kind of exposure to my portfolio then I’ll just buy Vanguard international Index fund (ETF)

[@markangelstudio]

After a year would you still advise I invest with Cash app ?

[@JarradMorrow]

No. Cash App is for beginners. Once you have a basic understanding of investing I would highly recommend moving to a different platform. Specifically one that offers a Roth IRA.

[@tytybaby06]

@@JarradMorrow thanks I’m thinking of investing

[@allahbless2278]

@@JarradMorrow fidelity?

[@ATLien_007]

@@JarradMorrow how long do you suggest trading on cash app to have a good understanding investing?

[@isanom5919]

@@ATLien_007 depends if the person thinks they have a understanding grasp of holding that comprehension to move on towards the next level step of investing.

[@patrickbateman4557]

Hello, in which companies do you recommend investing??? How do you know how much money you are gonna make when you invest???

[@JarradMorrow]

I don’t. I only invest in low cost total market ETF and index funds

[@methinking2394]

Whos buying Amc tomorrow??

[@JarradMorrow]

Nope

[@alonzoknight4730]

@@JarradMorrow why not?

[@JarradMorrow]

At this point it’s a little too risky for my personal investing style so I’m staying away.

[@dariuscrutcher1521]

@@JarradMorrow what stocks are good to invest in sir. I respect your sucess

[@JarradMorrow]

I personally stick to low cost index funds like VTI and VOO

[@roe7nyc]

My question is how do you report your earnings from cash app at the end of the year. Don't want the IRS looking for me during tax time because I didn't kno. Thanks

[@JarradMorrow]

They'll send you a statement.

[@gabmax1013]

@@JarradMorrow you telling me I have to report the $3 earnings I made last year? 😂

[@chanaiiH]

Gabmax101 its probably like 3000 now

[@foursaintswax3735]

@@gabmax1013 it won't be bad .. don't worry.

[@gabmax1013]

@@foursaintswax3735 like literally my Robin Hood statement says $3.73. Lol

[@debradorr]

Your video was informative using verbiage that was easy to understand. You demonstrated how to buy stocks with CashApp but forgot to show how to sell. How to sell stocks on CashApp is what I was looking for. Pls do another video with that feature. Thxs.

[@JarradMorrow]

This is how you sell a stock on Cash App Investing: kzbin.info/www/bejne/b5Spp5qAjMZkZpo

[@paysopayso5604]

I don’t know anything about stock trading so what’s next after buying stocks ? What happens at 9:30 am ?

[@JarradMorrow]

9:30 AM EST is when the market opens Monday through Friday. If you place a trade outside of 9:30AM to 4:30PM EST then your trade will go through at 9:30AM the next business day. If you place it within that time frame then your trade will go through at that time since the market would be open at that time.

[@NFLYoungBoy223]

I have $4000 in cashapp stocks and love cashapp stocks but is it possible to transfer my stocks to Robinhood or Webull because I like keeping track of all my investments and got $30000 invested on robinhood

[@TopG_DeBaller]

For how long have you been investing in cashcps If I may ask?

[@NFLYoungBoy223]

Henry Eddi December of 2019 but I put in most of my money when the stock market crashed

[@TopG_DeBaller]

@@NFLYoungBoy223 Can you please Tell me the companies you bought the stocks from. I want to buy The stock as well, but I was afraid of my money.

[@NFLYoungBoy223]

Henry Eddi I can text you screenshots of my stocks what’s your number?

[@TopG_DeBaller]

@@NFLYoungBoy223 Hope you got the number bro?

[@brandonjames925]

Now you can’t move forward with out give them your employer

[@JarradMorrow]

Correct

[@angelgirldebbiejo]

Say your a student

[@JarradMorrow]

@@angelgirldebbiejo Great idea

[@DivineSoul999]

Why do they need to know that!? I didn’t want to enter my job name but I did anyway.

[@yobamajoe2595]

I don’t know if you’ll see this but I wanted to ask if your opinion on bitcoin has changed over the almost two-year time span since this video?

[@JarradMorrow]

Yes and no. I still think it’s a highly speculative asset that’s nearly impossible to properly value. I started buying some in the beginning of 2020. Definitely don’t think large amounts should be purchased on Cash App because there’s no way to put it into cold storage at this time

[@yobamajoe2595]

@@JarradMorrow I see. Thank you for responding so soon. I’m still new to stock and crypto related stuff so I needed some basic rundowns. You are fantastic!

[@JarradMorrow]

With Crypto you’re going to hear a ton of people pumping a lot of shit coins as you start to learn more. People promising 10x, 50x, 100x returns in a short period of time. Is it possible? Yes. Is it probable? No. While I’m optimistic about the future of some crypto currencies, there’s a lot of grifters out there trying to take advantage of you as someone who is new to this space. If you’re new to the whole crypto scene then start with the two most well known- Bitcoin and Ethereum (possibly Solana). They’re not super sexy and you might not double or triple your money in a short period of time, but it’s going to start you down the process of learning. The best way to learn more about anything is to actually get involved. Buy a little bit of each (amounts you’re willing to lose) and educate yourself on what each one actually does (the use case). If all of my crypto went to 0 then it wouldn’t ruin my life. Don’t bet more than you’re willing to lose in that space.

[@JarradMorrow]

When it comes to stocks- start with basic index funds. Think of them like your foundation. The majority of your portfolio should be made up of them. From there you can allocate some % of money towards individual stocks if you’d like. Psychologically I don’t do well buying individual stocks so 99.9% of my money invested in the stock market is in low cost index funds like VTI and VOO. I have all kinds of videos on index funds so feel free to search my channel for them, ask any questions in the comments, and I’ll do my best to get you an answer.

[@yobamajoe2595]

@@JarradMorrow Again thank you very much! I’ll take note and work forward cautiously and smartly while also taking risks that won’t really hurt me if they fail. Thank you and I hope whatever you’ve got going for yourself right now only gets better!

[@corneliojerez1791]

Ryan Gosling looking a bit different 🤔

[@JarradMorrow]

Haha

[@Donnytsai]

"One Dowler"

[@JarradMorrow]

One

[@skaterkmak23]

😂😂😂😂

[@cassandrarayford5050]

If you're already invested in IRA....can you still go at it alone and invest in specific stock through cash app?? Thank you for this video as well!

[@GenExDividendInvestor]

Cool thanks! I didn't even know you could invest with Cash App. I was just using it to get $1 off my Starbucks..lol @ me. BTW, Splunk is a software company that helps people manage big data.

[@JarradMorrow]

It’s an interesting play by Cash App. I’ll have to look more into Splunk haha

[@travelvlog1018]

Start trading too turn that into free coffee!! That's what im trying to do. spent more then I'd like on my card now im gonna try and trade my 30$ back

[@alexishernan4289]

I got a question for you When you sell a stock on cash app, how many business days is it?

[@EpicureanCapn]

if yours says “scheduled for 9:30 AM,” and the stock goes up before then, are you locked into that price you put the money in for? I’m hella new to this.

[@sashleymo4]

No. Happened to me. Had to pay the price it was when it processed

[@JarradMorrow]

No. Since there's "pre-market" trading the price will most likely change by the time the market opens at 9:30.

[@jesusislord7958]

Man... when he showed bit coin on this video it was only worth 7k now it’s worth over 40k today.... 😵💀

[@JarradMorrow]

I know, it's wild!

[@driftinxer]

when i first thought about getting into crypto currencies it was $600

[@JarradMorrow]

👍

[@intelligentfool09]

51k now

[@wtrzz]

60k now almost

[@shawnaokane1198]

I have looked through everything you wrote as well as watched clip a bunch of times. What is your referral code. I can't freaking find it.

[@JarradMorrow]

All you have to do is use this link bit.ly/CashAppJM

[@baileyjaramillo2081]

When u buy stocks for ur first time do u have to do a 6 hr class to get ur money asking for a friend???

[@kaniyaah8895]

if you buy stock in cash app when the stock value goes down do it take money out of your account?

[@JarradMorrow]

No, can only lose the amount you invest. Also, you only lose money when you sell so don't just sell because the price is down. Hold onto it until the price hopefully goes back up.

[@angelgirldebbiejo]

You don't have to have it in your cash app to buy stocks...if it's connected to your bank account it just pulls it from there.

[@JarradMorrow]

Thanks!

[@holpiseth9837]

how do i get money from the app to my bank acc ?

[@JarradMorrow]

You'll need to link your bank account within the app then transfer the money to there.

[@BigSwirl]

So i bought a 5$ stock of sony .. please tell me how do i sell it for money eventually ?? Or what can i do with it . Too make money

[@JarradMorrow]

Here's a video I made on how to sell your stock on Cash App: kzbin.info/www/bejne/b5Spp5qAjMZkZpo

[@susxpenguins5997]

Once I put 5$ into it what do I do next ? Just wait or ?

[@JarradMorrow]

Just wait. Let it sit for 20 years so it can grow.

[@emmanuelenumah3412]

I’m a new investor.. have a little understanding of all this.. what would be your advice for me sir

[@JarradMorrow]

1. Max out your tax advantage investment accounts (401k, IRA, HSA) before putting money into your taxable investment accounts. 2. The majority of your overall money should be made up of low cost index funds and not single stocks. 3. Investing is a long term game (5+ years) so don't look at it as a way to make some quick cash. 4. Invest often. The key to consistent growth is to consistently invest no matter what the market is doing. Here's a video where I show my investment accounts to give you an idea of what I'm doing if that helps: kzbin.info/www/bejne/noGldqmMaamAqbc

[@importlover6585]

@@JarradMorrow what exactly do you mean on 1&2 of your advice

[@JarradMorrow]

I made a video to explain #1 more in detail here: kzbin.info/www/bejne/nXbQpatufZJ2oNE I also made a video to explain #2 in more detail here: kzbin.info/www/bejne/oovXmax7otBprqc

[@familycrgaming1907]

Does my stock follow me say to like other apps is it connected to me or is it just on this app could I buy stock on here and go someplace else and bring up my stocks I own

[@JarradMorrow]

Negative. They stay on the investment app you purchase them on. You can transfer them to another app if you want though.

[@pattimcb31]

It's similar to Stash app it's very user friendly

[@JarradMorrow]

Stash is a lot more expensive than Cash App

[@samirgawad7742]

I don’t think you’ve really explained anything about buying stocks... I’m still confused. I want to buy stocks. But in my part besides buying it. Do I have to do anything else? Or is stocks mainly just money coming to me when the company makes money? Do I have to sell anything the business sells? Or just make sure the money does up. I am in a wheelchair and I need money somehow

[@JarradMorrow]

I explained what the title says- how to buy and sell stocks on cash app.

[@samirgawad7742]

Jarrad Morrow still a bit confusing to me. New to this

[@waleedsami9003]

What app should I use after this app

[@JarradMorrow]

Ideally, you’d want to try to start investing in a tax advantaged account like a Roth IRA before putting $ into a taxable brokerage account (like Cash App). Unfortunately Cash App Invest doesn’t offer a Roth IRA. For a Roth IRA you can use Vanguard, Fidelity, or M1 Finance. I personally prefer M1 Finance because the user interface is better. Here's a tutorial video I made for M1 Finance if you're interested kzbin.info/www/bejne/oXayhGCtZ5aIacU

[@Its_lengthy]

This the equivalent of buying stock slices

[@JarradMorrow]

👍🏻

[@celah8290]

Hey a beginner here.is it best to buy stock on cash app when it's done or up

[@JarradMorrow]

Depends on the individual stock and how you think it should be valued based on its financials and a lot of other things. If we’re talking about index fund based ETFs then buy no matter what the price is and hold for 30+ years

[@celah8290]

@@JarradMorrow thanks for that quick reply I just became subscribers..like I stated earlier I'm new to this and just bought less than $10 of gm stocks although its down to testing..heard someone say its about to jump

[@jah3053]

After buying the stock how soon will I see growth or profit?

[@JarradMorrow]

Impossible to predict in the short term

[@RenBias]

Help me understand day trading. Are you saying we’ll get in trouble for cashing in or selling? You completely confused me by saying check out robinhood.

[@JarradMorrow]

You won't get in trouble, but they'll basically put you in "time out" for a few days. They would consider day trading buying and selling the same stock multiple times per day. You can get away with it a couple of times, but they'll eventually lock your account from trading for a few days.

[@RenBias]

Jarrad Morrow Oh ok. I’ll be fine then. Thanks.

[@Ladyboston]

Will cash app ever take fees out of ur bank account automatically? I ask this because I have some add cash app uneven $ amounts example 74.18 . Working through Covid and starting to trade, then some transactions are a fog to me

[@JarradMorrow]

No, I'm not aware of them taking fees for that.

[@betod3113]

Wow I like the info thanks am a new subscriber 😁 cuz all the other investing apps i don't understand them plus fees am new at investing..

[@JarradMorrow]

Glad it was helpful!

[@samuraiscyther7984]

What are the risks of investing on cash app??

[@JarradMorrow]

The same as any other investment platform. It’s not necessarily the platform that’s risky, it’s what you’re investing in.

[@bobbybudz6923]

Can I transfer my cashapp stick to a different platform??

[@JarradMorrow]

Yes, you can transfer money from your Cash App invest account to another brokerage. One thing to be aware of is that wherever you're transferring to will sometimes charge a $75 fee so it's not going to be financially worth it unless you're transferring stocks worth enough to make financial sense.

[@marcmadrid9995]

So I’ve done what you did in this video you bought the 1 dollar investment on amazon so I did the same now on Monday in the morning it’s scedulded but now let’s say on Monday what will happen ? Im new to investing and I’m just wondering after I pay the dollar what happened I’m clueless about this stuff

[@JarradMorrow]

Good question. Since you placed a trade while the markets are closed it won't go through until they open again Monday morning.

[@JuanJimenez.]

You can only buy stocks on the cashapp, what would be a good app to for calls?

[@JarradMorrow]

Probably something like Fidelity, TD Ameritrade, Charles Schwab, or Robinhood

[@jetski1562]

Ok all these videos say this but after I invest some money WHAT HAPPENS? Like a couple days later some extra money gets added to my cashapp balance or what ?

[@JarradMorrow]

Great question. After you invest money into a stock the value of that stock has the potential to increase or decrease. Since stock prices fluctuate you could be down money today but up money next week. The only way you make or lose money is if you sell your stock when the price is up or down. On the other hand, the only way you lose money is when you sell when the price is down. What I'm basically saying is to plan on buying and holding the stocks you purchase for the next 30+ years. If you do that then you're guaranteed to make money (a lot of it).

[@KingPenn313]

You need to invest at least $1,000 to make a good profit asap.

[@JarradMorrow]

Thanks for sharing your opinion.

[@akin242002]

I tried it because I never deleted my Square cash app account before I got Venmo. It is fast and easy. I can do it for day trading, but I'm not a day trader. The bad is no IRAs, and only a small number of stocks and ETFs. Mostly Vanguards most common ETFs.

[@JarradMorrow]

Yea I was bummed I couldn't find the stock I was looking for in the video.

[@kiteyy3230]

Holy shit I thought I was the only Jarrad.

[@JarradMorrow]

Haha glad to know someone else's parent's didn't know how to spell either.

[@duhfel]

and juice wrld

[@JarradMorrow]

Is that his real name? I didn’t know that.

[@duhfel]

@@JarradMorrow yea its just spelled with 1 "r" but they are pronounced the same

[@avinashbowers8618]

Thanks man for this video, you say we contact a financial advisor for guide you know any ? I have come across one but lost the contact, I want to invest like you said

[@JarradMorrow]

I don't have any specific ones to suggest, but I do recommend only working with a FIDUCIARY financial advisor. If they're not a fiduciary then avoid that person at all costs because they're going to cost you hundreds of thousands of dollars over your investing lifetime. They try to sell you on a super low fee of 1%, but over your investment lifetime that 1% fee will cost you over $500,000. Only work with a FIDUCIARY because they're legally obligated to advise you based on what is in your best interest.

[@romerocondino9938]

@@JarradMorrow thanks for the reply I had this question in mind too

[@avinashbowers8618]

@@JarradMorrow Thanks your reply will help in my search

[@Jesterj13]

Perhaps I missed it but you thoroughly explain buying process but not selling.

[@Jesterj13]

You have me a heart for a question how sweet. I prefer answers so take back your silly heart.

[@JarradMorrow]

Ah, sorry I thought I commented a link to the video I made on how to do this. Here it is: kzbin.info/www/bejne/b5Spp5qAjMZkZpo

[@ingzhi2954]

is the app only available for iphone and not in android?

[@JarradMorrow]

It’s on Android as well as IOS

[@StarSuperProduction]

i have a android and i have cashapp

[@JarradMorrow]

Thanks for confirming

[@Dillinger86]

I have a buddy who was asked to send bitcoin via cash app and he had no idea how to do it and didn't know he needed an ID, he doesn't have one yet (long story) but he bought a thousand dollars of bitcoin to pay for a something really important but got stuck and had to wait over 24 hours, and while he was waiting he earned 6 dollars in just over 34 hrs

[@JarradMorrow]

Cool

[@ericar.7924]

Thank you for this. Do you happen to have an updated video for your cash app investments? I would love to see the turnout :)

[@JarradMorrow]

Absolutely. Not yet, but I plan to put one together. It won't necessarily be an update video, but you'll be able to see how my investments are doing. I've purchased additional stocks since this video.

[@Toga_Noga]

Does Cash app let you buy whole stock or just fractional?

[@JarradMorrow]

Both

[@badtimxes8057]

“wAiT dO yoU rEalLy tHinK yOur GonNa-“ YES 😑

[@JarradMorrow]

Okay

[@noahortega3577]

Other than the money you put in can you loose money from you cash app?

[@JarradMorrow]

You won't lose money from Cash App the company, but you could lose money if the investment you own goes down in value and you sell when it's down.

[@StevieT12]

You didn’t do anything on how to sell your stocks but it’s in the title

[@JarradMorrow]

This is how you sell a stock on Cash App: kzbin.info/www/bejne/b5Spp5qAjMZkZpo

[@lilsnotrocket487]

So the approx share price is the how much the your stick is worth?

[@JarradMorrow]

I have no idea what you're asking 😂

[@walrus_man]

Do you have any websites you can recommend to follow stocks?

[@JarradMorrow]

For the ones I own I’ll follow them through the investment brokerage app I use and I also just read the news on a ton of different websites.

[@billnythehighestguy690]

Okay so when you wanna sell the app and wanna know what you made then what do you do?

[@BadKarma714]

I just got cash app card yesterday so if I send you 5 bucks you will send it back?

[@JarradMorrow]

Yes. I've done this a few times per week for people since this video was released.

[@therealtay_lorrivera2440]

@@JarradMorrow can I send it now ? And I need help

[@JarradMorrow]

Sure

[@BadKarma714]

I have a question I just bought a dollar share and Apple and since it was my first time cash app put in five so altogether I got six what’s the good strategy right now then they’re low do I just hang in there until it gets higher what do I do? And is it the more money you put in the more you get back?

[@JarradMorrow]

It all depends on your investing strategy. I'm personally a buy and hold investor so I plan to hold onto the stock I purchase for 10+ years. I invest 90% of my money into index funds like VTI. If you want to learn more about index fund investing then I made a whole video breaking it down for you: kzbin.info/www/bejne/oovXmax7otBprqc

[@msgrepea7352]

What apps do you recommend to invest?

[@yusspretaeb]

Video is well done, thanks for the knowledge.

[@JarradMorrow]

You're welcome

[@wilsonzelaya5744]

I have a question for the apple when u checked from a year ago and checked now r u saying that if I put 1 dollar in it a year a go I would get 200 dollars

[@robertdavila6391]

If you buy a stock with dividends does it deposit into your cashapp?

[@JarradMorrow]

Yes

[@adrianagranados7396]

How you buy stock with dividends ?

[@JarradMorrow]

The same way you purchase any of their stock on Cash App. You’ll just need to spend the time doing proper research on which stocks make sense for you to buy

[@adrianagranados7396]

Thank you

[@cookwithme1698]

Can you make clear video about when and how you sell ?

[@JarradMorrow]

I only buy index funds (or the ETF versions of the index funds). I've never sold any of them in my life. I plan on holding until I retire in 25+ years. Here's a video I made on exactly how to sell on Cash App kzbin.info/www/bejne/b5Spp5qAjMZkZpo

[@AngelaMartinez-bf8sw]

Do we have to pay to FOLLOW... the companies

[@JarradMorrow]

No, following companies doesn't cost money.

[@dwalker112]

What would be the process for cashing out your share?

[@samuraiscyther7984]

When you sell a stock do you pay taxes only when you make a profit or do you need to pay on losses also? And do you need to pay on taxes on stocks that you have?

[@JarradMorrow]

Good question. You do pay taxes on your profits and you do not pay taxes on the stocks you currently hold until you sell them for a profit. When you sell a stock at a loss you do not pay taxes. This is considered a "capital loss" and will reduce your tax bill. There are high-level strategies some investors use where towards the end of the year they sell some of their stocks for a profit (capital gain) then sell some of their losing stocks for a loss (capital loss) to reduce their overall tax bill and get themselves out of those losing stocks so they can move the money into another investment.

[@nortenokuatrooficial3771]

When you buy stocks in cash up how often you get your earnings back can somebody explain?

[@Kangarooo6]

When you sell your share and get the total proceeds, do you as well get the new approx share price that it shows?

[@JarradMorrow]

Yes

[@AMIRI_VRS]

can you go in debt i wanna invest but that’s the only thing i’m scared of or just losing a lot of money

[@JarradMorrow]

You can’t take on debt unless you invest with what’s called “leverage”. 99% of people should not be investing with leverage. One way to mitigate losing money is by planning on buying and holding what you invest in for at least 5 years. If you’re not willing to do that and you plan on doing more short term trading then your odds of losing money will go up.

[@DylanAlexander93]

I can only lose money if I sell lower than my initial buy correct? But i can hold for as long as I want at least until the company goes under? I'm pretty much asking if I should expect to lose money randomly? Pretty cool app though still confusing for me but far more understandable than anything else I've researched

[@JarradMorrow]

There's a level of risk with anything you invest in so there's always the potential you can lose money. There's also potential you could gain money as well. What determines that is what you invest in. I personally prefer low cost total stock market index funds for this sort of thing.

[@nofatchix4rob]

How long did it take for you to get verified by cashapp so you could invest?

[@JarradMorrow]

I got approved within 2 days

[@nofatchix4rob]

@@JarradMorrow thank you

[@evinharrelson]

Thanks for this video. My main question was about the taxes thing. How now I’ll have another tax form to worry about at the end of the year (if I cash out a profit). Is that correct?

[@JarradMorrow]

You'll have a tax form to worry about whether you have profits or losses. Either way, this shouldn't prevent you from investing.

[@naturalbeauty2178]

What if you're on disability retirement, can you still invest?

[@JarradMorrow]

Yes

[@carolineortiz6616]

New to investing .do we paid back to tax or claim? .

[@JarradMorrow]

Paid what back to tax?

[@seansparaco200]

Damn, when bitcoin was at $7,000

[@JarradMorrow]

Crazy to think about!

[@Jogodspower]

Since the price fluctuate so what happen when you loose all the money and you still want to hold on to the stock for a year? Will you have anything in return after

[@JarradMorrow]

It's unlikely that you'll lose all of your money. How much the stock will go back up depends on too many factors that's impossible for me to predict without knowing the stock and the current situation. That's why I'm a big proponent of doing a deep analysis on a stock before purchasing it. You should understand what the company does, where it plans to go in the future, and the underlying numbers of the company before purchasing the stock. That's going to give you the best chances of making money over the long term.

[@Jogodspower]

It’s plug power

[@JarradMorrow]

From what I hear Plug has potential. I actually purchased a few shares back in January of 2020. I plan on holing the stock for the long term. One of the main reasons it’s down today is because JP Morgan says that it’s “fully valued” which caused some people to sell off the stock which made the price go down. This doesn’t mean it won’t go up over time though. Whenever you see a price go down like that take a look at the news surrounding it to get a better understanding of why that happened. If you plan on holding it for longer and don’t think this current news will impact the future growth then hold onto the stock. I own a stock that’s down hundreds of dollars for me right now, but I’m not selling. I’ve evaluated the company’s numbers and understand where they plan on heading so I’m holding onto the stock. Never panic sell because a stock is down in the short term because that’s how people lose a lot of money. You have to do your best to take your emotions out of it when trading stocks. Do your due diligence to decide whether or not it makes sense for you to hold onto the stock or sell it.

[@Jogodspower]

@@JarradMorrow wow thanks a lot for the information. So enlightening

[@Marcgotkickz]

Just watching this I got 5 investment ads😂

[@JarradMorrow]

Sorry about that. I let KZbin place the ads on this video.