What Investing $5 a Day Looks Like After 1 Year (Robinhood Portfolio)

  Рет қаралды 968,163

Bob Sharpe

Bob Sharpe

Күн бұрын

Пікірлер: 528
@penitent2401
@penitent2401 Жыл бұрын
Don't forget to reinvest your dividends from your stocks, in many cases that's where most of the actual growth for stock investment came from. Your 100 shares may not increase in price at end of year but if you are gaining additional 5 shares just from dividends reinvesting it adds up and multiply.
@Midnight-hz3ep
@Midnight-hz3ep Жыл бұрын
I have always maintained that compound interest does not actually exist when investing in stocks UNLESS you reinvest dividends
@saitamatheonepunchman7685
@saitamatheonepunchman7685 11 ай бұрын
​@@Midnight-hz3epNice. So are you saying to avoid interest, don't reinvest? Newbie in this field, here.
@AhhhSukeSuke
@AhhhSukeSuke 6 ай бұрын
Yep. Drip investing.
@AhhhSukeSuke
@AhhhSukeSuke 6 ай бұрын
​@saitamatheonepunchman7685 no. What he's saying is.... let's say you have 25 shares of a stock that costs $5 each. Every mth, those 25 stocks earn you 0.20 each, a total of $5 in dividend earned, regardless of current stockprice. You now have an extra $5 profit, which you can use to buy 1 more of this $5 stock, bringing you to 26 shares now, with 0.20 dividend earnings each.... the following mth, you'll earn $5.20 in dividend......
@JKillerHD
@JKillerHD 6 ай бұрын
He probably wouldn’t need to if he’s trading with Accumulation because it’ll automatically invest
@oahu7873
@oahu7873 Жыл бұрын
You should do quarterly updates on this to keep people in the game.
@BobSharpe
@BobSharpe Жыл бұрын
Good idea, will do!
@ceemix08-15
@ceemix08-15 Жыл бұрын
I agree.
@CorbinWilliams
@CorbinWilliams Жыл бұрын
Great idea, I agree!!💯
@hhaydenshea
@hhaydenshea Жыл бұрын
@@BobSharpe you would have to put $15 every monday to cover the weekends not $10
@BobSharpe
@BobSharpe Жыл бұрын
@@hhaydenshea why $15? If it’s $5 a day, Saturday = $5 and Sunday = $5
@Clint_the_Audio-Photo_Guy
@Clint_the_Audio-Photo_Guy 4 ай бұрын
I quit drinking over 2 years ago. It saves me more than $5 a day for sure since i used to drink Belgian Quads and nicer Scotch/Bourbons. I also use Keurig for my coffee, and I buy the bulk pack of K-Cups to keep my per cup cost down under .50 cents with creamer. I stopped eating fast food too, now that McDonald's is like $10-$12 for lunch. I've not had any fast food this year, I pack a sandwich and I eat for $3-$4 instead. I plan on setting up a nice dollar cost average S&P 500 plan during the next downturn/recession, because it's coming. I'd rather ride the market recovery up, than ride the recession down. Enter with a lump sum into an S&P index fund, then dollar cost average additional contributions.
@bernardbarbour
@bernardbarbour Жыл бұрын
Hahahahahaha..... I've had VOO for a while and I can tell you it's very good. I put in about $500. a month. It's been a great ride and I'm actually looking long term on this fund. Thanks
@BRAY257
@BRAY257 5 күн бұрын
how much have you made from the time you made this comment to now?
@TheCookingDojo
@TheCookingDojo Жыл бұрын
Definitely needed this. I officially am at $100 a year on my Public investing app in dividend income. I think I'll do $2.50 a day into SCHD and $2.50 a day into Realty Income
@BobSharpe
@BobSharpe Жыл бұрын
Nice!!! And Happy New Year to you!
@TheCookingDojo
@TheCookingDojo Жыл бұрын
@@BobSharpe happy new year to you as well!
@scottmahoney8948
@scottmahoney8948 Жыл бұрын
IMO, if in a taxable brokerage acct, I would avoid REITs like O bc their returns our largely attributed to their dividends but their dividends are non-qualified so they get taxed at a much higher rate than stocks/etfs that pay qualified like SCHD, just in my option tho, dyod always
@scottmahoney8948
@scottmahoney8948 Жыл бұрын
Either way you’re investing more than most and these are great picks, good luck!
@l4nc354
@l4nc354 Жыл бұрын
Whats ur name on public?
@Long-nd8bq
@Long-nd8bq Жыл бұрын
I have money in VOO. It's up 46% since 2018. Normalizing the long term I'm hoping to maintain a 10% avg over 20-30 years.
@jollama
@jollama 7 ай бұрын
Forgot growth ETFs exist too huh?
@aubesucks
@aubesucks 4 ай бұрын
@@jollama bro just stated he has money in VOO, why you mad
@danielgreaves9964
@danielgreaves9964 Ай бұрын
It's incredible that he highlights the flaw in this daily investing idea right at the start but doesn't make the link. Typically any year with a downwards trajectory benefits most from cost averaging by frequent investing because you're buying at ever lower increments throughout the year. But on an average year the market climbs and therefore investing earlier would be better.
@gcbartolome
@gcbartolome Жыл бұрын
I started investing $50 a day broken into 5 ETFs and $4 a day in BTC after watching your first video on this. At first I thought it was going to be too much for my budget, but I stopped buying lunch everyday and I'm able to afford it without too much sacrifice. Overall, I'm at break even but the dividends from the ETFs are helping offset the loss. I'm hoping that this habit continues and DCA eventually leads to bigger gains over time. Great follow up video!
@BobSharpe
@BobSharpe Жыл бұрын
Great point on the Dividends!!! Adding that into the overall scope of this plan can definitely help in the long haul too! Here's to a great 2023
@Kay-jk2gi
@Kay-jk2gi Жыл бұрын
What are the 5 dividend paying ETFs that you have?
@gcbartolome
@gcbartolome Жыл бұрын
@@Kay-jk2gi I have SCHD, SPY, SCHX, QQQ, & VTI.
@johnpalcon7570
@johnpalcon7570 Жыл бұрын
50 dollars a day is wild
@Elena_gaze
@Elena_gaze Жыл бұрын
@@johnpalcon7570 you need a professional Broker
@DrSprite
@DrSprite Жыл бұрын
I just started with $2 a day into VOO. Once I get used to the reoccurring expense I plan on increasing the amount. I am 19 rn
@Bad4Good2
@Bad4Good2 Жыл бұрын
Smart for starting early, keep it going.
@GregCheekSpeaks
@GregCheekSpeaks Жыл бұрын
Keep going
@ragnarlothbrok4090
@ragnarlothbrok4090 8 ай бұрын
progress update?
@MusicaMexicanaShow
@MusicaMexicanaShow 6 ай бұрын
Updates?
@zipper978
@zipper978 5 ай бұрын
Pick 5 to 10 good ETFs. Diversify
@tomasr.533
@tomasr.533 Жыл бұрын
After Starbucks raised there prices, where we live 2 grandes with extra shots were running is $18 plus a tip. We opted to use our coffee maker, purchased some flavoring and coffee and haven’t looked back. We do buy a few a year when we visit friends out of town. It’s amazing how much it adds up, those drinks and subscriptions on the phone, etc. We’d rather invest in ourselves.
@BobSharpe
@BobSharpe Жыл бұрын
Oh wow $18 is no joke!
@gumshoe7237
@gumshoe7237 Жыл бұрын
"we'd rather invest in ourselves" - we have a bingo .. That is exactly why I'm learning about the stock market in general , and how to be able to make my money do more for me .
@MilesCobbett
@MilesCobbett 9 ай бұрын
In 1975 coffee was 10 cents with unlimited refills at Sambos 24 hr restaurant
@alexpspa60
@alexpspa60 Жыл бұрын
wow i did the same thing lol. $20 a day in recurring investments (mon-fri). i’ll be honest, this is probably the best thing i’ve ever done with investing, mainly because it forced me to budget around the recurring investment. I actually started off with $10 and increased to 20, now i’m thinking about increasing to 30 😅, but this has been a great tool to get me to invest more rather than spending money at starbucks, whataburger, mcdonald’s, or amazon 😂
@taharmeziani6903
@taharmeziani6903 Жыл бұрын
but aren't you afraid ? cause it can go up as it can go down
@zac-wd5vw
@zac-wd5vw Жыл бұрын
@@taharmeziani6903 the market overall continues to go up over many years so it’s semi safe but it still can be a gamble
@entertainmentinternational1087
@entertainmentinternational1087 Жыл бұрын
I just started that also.. apple and Google 5 each everyday... ima also buy 100 shares of each to sell calls and use that money to keep buying shares with the premiums
@therimfirechannel515
@therimfirechannel515 Жыл бұрын
Thank you. Sharing this with my son. He has a Sonic habit vs. Starbucks, but same daily expense. He recently signed up with RH at my badgering and I've been trying to explain all of this to him. Maybe he'll listen to you. =)
@legumessaudavel
@legumessaudavel Жыл бұрын
Question do you have any recommendations for a good dividend portfolio? I want to start one here in the new year. I am a newbie and want to know what would be more smart buying ETFs? Individual stocks, reits? Or a mixture of both. Also how many do I need in my portfolio? I plan on putting in a couple grand to start than continue to put money in monthly. Any help would be greatly appreciated
@legumessaudavel
@legumessaudavel Жыл бұрын
@Leonardo Vlado I really needed to hear this and by the way I did lookup Donald Ben Taylor and I must say I am more than impressed with his achievements, exactly what I have been looking for since I don’t have much time to myself, its better an FA handles things on my behalf.
@therimfirechannel515
@therimfirechannel515 Жыл бұрын
@@legumessaudavel Not ignoring you, but know better than to provide anyone outside family with any financial advice (picks or portfolio). At 59, I'm in my end game. All my work is done unless I want to keep things rolling. I primarily watch these videos in order to pass them on to our son and I do learn new things from time to time. The best things you can do is start early, peg your lifestyle at a comfortable income level, and invest the rest as your income increases along with your value to the places you work. Never miss your monthly investments, and check your progress every month to keep yourself motivated. Nothing sweeter than looking at decades of spreadsheets and seeing how you've progressed on your financial independence journey. What gets measured, gets accomplished. Find a solid tax planner early in your journey as taxes become a burden after a couple decades of investing. You may find your primary job ends up paying for your annual investment returns if you have a mix of retirement and outside investment accounts. Make it fun for yourself to invest and it will feel like less of a grind.
@lswatEnt
@lswatEnt Жыл бұрын
Hey I enjoy this video and I really enjoy the love and support that the people of the youtube community shows
@coltenfergeson4269
@coltenfergeson4269 9 ай бұрын
I didn’t make shit. Been doing it for 3 years.
@SN1PSRT
@SN1PSRT 2 ай бұрын
But you saved up
@garyschmelzer
@garyschmelzer Жыл бұрын
Bob, I currently have Robinhood and I did not know that this feature was on the app. I currently hold positions in Intel and Duke energy. I now have it set up to come out of the brokerage account Monday through Friday at five dollars a day on the two stocks I mentioned above thank you.
@BobSharpe
@BobSharpe Жыл бұрын
Ah awesome! I'm glad this was helpful!
@TheGoldnDog
@TheGoldnDog Жыл бұрын
I love this and DCA everyday on what I'm overweight in. I used to do the auto deposit however I stopped when I couldn't guarantee at what time my deposit would go thru. I like to control the time I deposit and buy daily. Love your video. New subscriber here.
@BobSharpe
@BobSharpe Жыл бұрын
Awesome! Thank you for subscribing and welcome aboard!
@checkmate9831
@checkmate9831 Жыл бұрын
Or you could invest $7.00 Monday thru Friday…. Equivalent to $5.00 seven days a week
@TheGoldnDog
@TheGoldnDog Жыл бұрын
@Check Mate I invest everyday in a round of stocks always looking to DCA down. I increase my deposits monthly. I am never good at timing the market so long term and DCA mindset works for me.
@checkmate9831
@checkmate9831 Жыл бұрын
@@TheGoldnDog sorry, I didn’t mean to reply to your comment. I thought I was posting that in the main comment section. Lol, I wondered where my comment went.
@TheGoldnDog
@TheGoldnDog Жыл бұрын
@@checkmate9831 No worries. I sometimes leave vanishing comments wondering the same thing. Happy investing!
@Just_Stevo
@Just_Stevo Жыл бұрын
I remember when you started this. Thanks for the update. Curious to see how it looks in '24.
@BobSharpe
@BobSharpe Жыл бұрын
You're welcome! I'm also curious and will certainly update with a video once we get into 2024
@Martiz_
@Martiz_ Жыл бұрын
I think this is the best video I ever watched about investing, great job and advice
@BobSharpe
@BobSharpe Жыл бұрын
I appreciate that!
@ChasePlaysDiscGolf
@ChasePlaysDiscGolf Жыл бұрын
Every Friday I invest $20 into stocks! Hope to increase in the future but hey gotta invest what you can just invest people in your future. Don't look back in 20 years with regrets!!
@pab6069
@pab6069 Жыл бұрын
Wow I remember that video, 1 yr goes pretty quick seems like yesterday.
@BobSharpe
@BobSharpe Жыл бұрын
I know!!
@JamenLang
@JamenLang Жыл бұрын
You have inspired me to do a brokerage transfer of $35 a week, not direct into anything. I think the auto trades happen at open. I'll just track open price for everything I'm interested in and not buy when it's above my average and buy when it's below. Thanks!
@charlesdavis9937
@charlesdavis9937 Жыл бұрын
I'm new. Have no clue what to do. Everyone told me all my life that the stock market is like gambling. You can lose more than you earn. I live on social security disability.
@WokR3z
@WokR3z 5 ай бұрын
Right now I’m invested in 5 different stocks, Apple, Tesla, Microsoft, Amazon, and Ford. I wait for pay day and get 30$ out and split it 5 ways everytime. So far only have about 90$ invested.
@blippacg
@blippacg Жыл бұрын
Good study/experiment. Thanks for posting.
@BobSharpe
@BobSharpe Жыл бұрын
Thanks for watching!
@keivon9171
@keivon9171 7 ай бұрын
love the mindset thank you for this video
@DailyInvestorQuotes
@DailyInvestorQuotes 6 ай бұрын
yeah, he has a real long term mindset.
@tripod4482
@tripod4482 Жыл бұрын
You actually destroyed the s&p for the year doing dca considering it was down approx. 20%. Looking forward to seeing your results next year. Thanks for the video and great idea, I'm going to try it. 🍻
@BobSharpe
@BobSharpe Жыл бұрын
Yes! I can't wait to see how this grows thru the years ahead. I'll keep everyone updated!!
@ankacompton2212
@ankacompton2212 Жыл бұрын
Thank you so much!!! I always look forward to your videos. I am so happy that I found your channel few months ago. Happy New Year!!
@BobSharpe
@BobSharpe Жыл бұрын
You are so welcome! More videos to come and Happy New Year 🎉
@kwhopper1100
@kwhopper1100 Ай бұрын
5 dollars a day from 25 to 65 in basic index funds inside a Roth IRA will 1.1 million dollars , or 44000 a year tax free with cost of living raises every year in retirement .
@Allyourbase1990
@Allyourbase1990 Жыл бұрын
This is awesome because I definitely don’t have thousand or even hundreds of dollars to invest every month . I just started buying stocks so I’m definitely learning . This video is great
@BobSharpe
@BobSharpe Жыл бұрын
Start investing today! But always do your OWN research! What VIDEOS do you want to SEE NEXT?? Join me on Webull! Get rewarded Just for Starting ► sweetlifesuccess.com/go/webull What if you invest MONTHLY instead of Daily? Here is what happens ► kzbin.info/www/bejne/npylamV5i65gbKM
@stevengrech4
@stevengrech4 Жыл бұрын
Personally a comparison in dividends and growth between JEPI SCHD and O
@BobSharpe
@BobSharpe Жыл бұрын
@@stevengrech4 great idea!
@aje9884
@aje9884 Жыл бұрын
What do you suggest for us to use when we are on Canada? I just found out that we can't use Robinhood Portfolio when we are here
@yokko123
@yokko123 5 ай бұрын
I don't drink starbucks, but overall I pretty much hate the mmindset of "cut out something that you enjoy on daily basis from your life, to earn more money". Delayed gratification is important, but like remember to run the numbers of what is better FOR YOUR HAPINESS. Example: I'm paying like 2 usd daily on can of energy drink that I absolutely love (in the small ammount that I drink it's not unhealthy) and I'd much rather have that daily rather than cut that for more money.
@freddiecruz2670
@freddiecruz2670 Жыл бұрын
Letssssss Goooooo!!!!!!!!!!!!!!!!! Going to start my 5 dollars a day today, and have some fun in the process.
@BobSharpe
@BobSharpe Жыл бұрын
Awesome! Keep me posted !
@tastysti
@tastysti Жыл бұрын
I’ve been doing this with BTC through cash app. 10$ a week. Definitely adds up.
@toddbarrera375
@toddbarrera375 Жыл бұрын
I just started this same thing for 2023 with JEPI.
@BobSharpe
@BobSharpe Жыл бұрын
Nice!
@captnawty7966
@captnawty7966 6 ай бұрын
What a great idea. I except your $5.00/a day challenge. The stock that I will choose is SBUX. I really you simple, everyman idea of getting into the stock market. Do you have a video for dividend investing?
@emirlj.926
@emirlj.926 3 ай бұрын
Here in 2024 and the ROI has went up crazy. I mean dude VOO is up 150*5= 750 plus the 3,400 eth is worth it’s now 2,750 that’s insane returns
@jeremyscorpio4170
@jeremyscorpio4170 Жыл бұрын
Don't invest in the voo just select between 8-15 stocks within the s&p500 list and invest in those instead 👌 ......there is no reason to invest in 500 stocks.
@JakeTheDawgMusicOfficial
@JakeTheDawgMusicOfficial Жыл бұрын
Been trying to get into investing these videos are all I need.
@Elena_gaze
@Elena_gaze Жыл бұрын
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
@djallen16
@djallen16 Жыл бұрын
Awesome video.thanks for sharing
@BobSharpe
@BobSharpe Жыл бұрын
Thanks for watching!
@deadly134
@deadly134 Жыл бұрын
Instead of dumping the weekend money on Monday you should instead just invest 7$ every market day and spread that 10$ across the trading week
@HectorSnipes
@HectorSnipes 6 ай бұрын
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
@grego6278
@grego6278 6 ай бұрын
The strategies are tough for average people. They're usually done well by experts with lots of skills and knowledge.
@MsNigerianLover
@MsNigerianLover Жыл бұрын
Great video. Can see your passion for KZbin and Investing very clearly in this video! Thank you!
@BobSharpe
@BobSharpe Жыл бұрын
I appreciate that!
@SolelyKie
@SolelyKie 4 ай бұрын
Amazing video! Thank you so much for sharing can’t wait to start investing my $10 a day Monday!
@jackiep2333
@jackiep2333 Жыл бұрын
To the Starbucks cup : “I’m gonna miss you…” hahaha That’s a sub ☑️
@BobSharpe
@BobSharpe Жыл бұрын
Love it!!
@kyro6765
@kyro6765 Жыл бұрын
Best detailed video I’ve came across for Robinhood. Appreciate this .
@tmc8516
@tmc8516 Жыл бұрын
Do an update mid year to see the progress, to keep us motivated. I started doing this as well, Im around $500 between stocks & Bitcoin
@BobSharpe
@BobSharpe Жыл бұрын
Will do!
@la_uruguacha
@la_uruguacha Жыл бұрын
happy new year Woddyyyyy, thanks for and every thing video I have been learning a lot.....
@BobSharpe
@BobSharpe Жыл бұрын
Glad to hear it, and Happy New Year!!
@TheUnrealabc
@TheUnrealabc Ай бұрын
Great video!!! Triggered me right away, I'm gonna invest from now.
@alrachid2
@alrachid2 Жыл бұрын
The thing I hate about buying crypto in robinhood is they charge you way more than the price shows. Its BS. They claim no fees, but charge you way too much for the purchase.
@iMixMaSteR1
@iMixMaSteR1 Жыл бұрын
I opted to just buy every Monday to avoid making my bank account transactions messy using M1 Finance
@BobSharpe
@BobSharpe Жыл бұрын
Makes sense! Here's to a great 2023!!
@jimmydarby5878
@jimmydarby5878 Жыл бұрын
"Happy New Year" Bob and as always a great video to start the year with and get us all motivated. TY my friend and let's make 2023 a great year.👏👏👍🇺🇲👍
@BobSharpe
@BobSharpe Жыл бұрын
Happy new year!
@rudolphsolis14
@rudolphsolis14 10 ай бұрын
BUT NOW 2,250! CONGRATS
@Khimera66
@Khimera66 Жыл бұрын
3yrs from now that portfolio is going to be wild amazing.
@1kingv
@1kingv Жыл бұрын
Is this jpro?
@xERRRAHx
@xERRRAHx Жыл бұрын
I do something similar to this but simple for me... and that is Acorns, round-up feature, that rounds the change of charges from all my linked accounts to the nearest dollar, then one that bucket hits $5 and invests it.. plus I do a 10-15 weekly.. so end up investing 100-200 per month in a moderate risk ETF... over the past few years up to a few thousand saved up with net gain of 100 as of today.
@Anthony-xt2jm
@Anthony-xt2jm Жыл бұрын
Great report, ty for the information.
@BobSharpe
@BobSharpe Жыл бұрын
You're welcome!
@lukasschaefer3350
@lukasschaefer3350 Жыл бұрын
Wich App are you using to buy and sell ?
@ericamartin74
@ericamartin74 4 ай бұрын
Thank you for this valuable KZbin video! Now I know how to set my Robinhood account up to invest money into stocks daily!
@theresab8525
@theresab8525 Жыл бұрын
Hi, did you start with $5 and then started the $5 a day
@alexeast3408
@alexeast3408 5 ай бұрын
does it cost to buy a share. since your buying a share every day do those fees build up?
@SouthernAtlanticJourneys
@SouthernAtlanticJourneys 9 ай бұрын
How does Robinhood handle etf expense ratio? Does it take it out of your “buying power” or is it baked into the cost?
@devanatkinson3220
@devanatkinson3220 Жыл бұрын
Using your $5 a day investing tip, would you recommend investing daily into one ETF “VOO” with all $5 or splitting that $5 up, say $3 into VOO and $2 SPY a day?
@gersonpina3053
@gersonpina3053 Жыл бұрын
Great video man, I started doing the same exact thing on the first trading day of 2023 with $5 a day going into each VOO, GORO, XLY, BTC, MMAT… LET’S GO!!!
@captainmcknight
@captainmcknight Жыл бұрын
So I’m confused, did you spend 5 dollars a day in one company? Or did you spend 5 dollars on Apple then the next day 5 dollars on google, or are you spending 5 dollars on Apple 365 times?
@cellularrepublic1
@cellularrepublic1 4 ай бұрын
He invested $5 into an index fund called VOO which is basically a pool of different companies instead of just one company like Apple.
@garyukdividendinvestor
@garyukdividendinvestor Жыл бұрын
I only turned 18 just over a month ago and already started investing and made £50 for only £210 invested in which is good returns and looking to do more
@Max-fu4by
@Max-fu4by Жыл бұрын
What did you invest
@fact_speaking_police1588
@fact_speaking_police1588 Жыл бұрын
What did you invest ??? Pls let us know :)
@indrapokwal1583
@indrapokwal1583 6 ай бұрын
Hello guys. I have a question. If I buy $VOO stock with my individual brokerage account instead of Roth IRA. Do I get the same returns ? Beside the taxes difference.
@FEHanzo
@FEHanzo Жыл бұрын
I’m torn with between dividend reinvestment and piling up the cash and waiting for opportunity.
@littlemonzte5824
@littlemonzte5824 Жыл бұрын
Continue to reinvest dividends over and over until they’re paying you out in the future, just remember how it’s free money you’re getting paid and it’s buying you more etfs or stocks over and over if that makes sense
@RichLclips
@RichLclips Жыл бұрын
Nice man more people should be doing this, Just started doing $25 a day into s&p 500 last week
@issaal-x6l
@issaal-x6l Жыл бұрын
Has the 25 increased?
@falsejaguar
@falsejaguar Жыл бұрын
Good video concept 👍
@BobSharpe
@BobSharpe Жыл бұрын
Thanks 🙂
@tripod4482
@tripod4482 Жыл бұрын
This video was amazing, a definite game changer. By far the best finance video I've seen on YT. Thank you so much.
@BobSharpe
@BobSharpe Жыл бұрын
Great to hear! And you’re welcome - here’s to an awesome year ahead 🎉
@jwoongkaisinel4199
@jwoongkaisinel4199 3 ай бұрын
Bob how do you invest $5 into an index fund. For example the fidelity index 500 is going for 193 dollars how do i invest only $5 dollars and not the whole $193 dollars
@cryptoramz
@cryptoramz Жыл бұрын
Is VOO or VTI better ?
@FromAmericaToJapan
@FromAmericaToJapan Жыл бұрын
I do 5 dollars a day into Tesla stocks on Robinhood. Been buying one stock a paycheck check also. I believe in Tesla. Also I been buying XRP crypto too. Those are the two I’m banking on.
@TrendProducts1
@TrendProducts1 Жыл бұрын
I think if you want to become a good stocks invester you need to know this . before you invest in any company you must look at the business the company is running. What type of products they makes or what service they present. and is there a demand on the products or the service's. is the business makes a profit and is there a demand on the products or the service's. then you go through the financial statements and do basic financial analysing to see is the company keep growing and makes profit or otherwise. This is how you do it if you really want to make money and build your wealth and do it like i did. other then that is just a waste of money and time.
@TrendProducts1
@TrendProducts1 Жыл бұрын
XRP is a shirtcoin
@FromAmericaToJapan
@FromAmericaToJapan Жыл бұрын
@@TrendProducts1 um yes. That’s common sense to invest in a company you research. If you think Tesla is a bad investment then you obviously didn’t research Tesla well. You wouldn’t be the first to bet against Elon and lose, and as well you won’t be the last.
@FromAmericaToJapan
@FromAmericaToJapan Жыл бұрын
Lol 😂 sure buddy. You just went on a rant about researching and now you say a crypto that actually has a use and value is poop. Lol that’s why countries around the world are investing and partnering with Ripple and using XRP. Banks are setting up to use XRP, XRP is set to replace the SWIFT. Every other country sees the use case and are working with Ripple, and ripple is using XRP to do the transactions. You obviously didn’t read up in this. SEC in America is the only thing holding in back in America, but even that’s about to end, and the judge is about to make a judgement. Also I guess you missed the part where a judge ruled that the Library coin is not a security, another crypto. That’s good news for XRP too
@Peteliao
@Peteliao Жыл бұрын
Should I do s&p 500 and a target retirement index fund? I can invest 1000 a month
@Elena_gaze
@Elena_gaze Жыл бұрын
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
@Peteliao
@Peteliao Жыл бұрын
@@Elena_gaze same I am using him now. I have made over 6k I’m last week
@Elena_gaze
@Elena_gaze Жыл бұрын
@@Peteliao wow awesome, I’ve this professional Broker, his service’s is way too Good….. his the Best ever thanks so much for Him….!!!
@Elena_gaze
@Elena_gaze Жыл бұрын
Sometimes it still brain profitable earnings while you invest In two different platform’s.
@G_jrdnn
@G_jrdnn Жыл бұрын
I never used this app, lets say u earn money.. does it automatically go into you’re account or do u have to sell it or something ?
@ronaldosoans8344
@ronaldosoans8344 Жыл бұрын
is it worth investing 5€ a day in eth, but coinbase takes a fee of 0,99€ which means i actually get 4,01€ worth of eth?
@Elena_gaze
@Elena_gaze Жыл бұрын
My first investment with Expert Jones trading services gave me a profit of over $4,500 and since then he has never failed to deliver and I can say that he is the most honest broker I ever met.
@arila808
@arila808 Жыл бұрын
Do you really know him? I even thought that I am the only one who has helped overcome the fears and falls of trading.
@jameshazen1221
@jameshazen1221 Жыл бұрын
$10 extra on Monday works or just do $7 per day. Still need about $75 more since there are approx 250 trading days per year. Thanks for the great video it makes investing simple when I break it down per day.
@BobSharpe
@BobSharpe Жыл бұрын
Ah good idea on the $7 per day. I'll stick with $10 on Monday but might end up shifting to the $7 because the $10 is still a manual process which could be easily forgotten on a particular week.
@jameshazen1221
@jameshazen1221 Жыл бұрын
@@BobSharpe was wondering if you did it manually? I was trying to set up another automatic buy but RH wouldn’t let me do it.
@AdityaV29
@AdityaV29 Жыл бұрын
Your idea inspired me and investing 25$ week on VOO
@IAmNotYetti
@IAmNotYetti Жыл бұрын
Love this idea and this man executed it perfectly, this week I started reoccurring investments weekly instead of daily can’t wait to see what my account looks like the end of 2023
@BobSharpe
@BobSharpe Жыл бұрын
Awesome! Here's to a great year ahead!!
@IAmNotYetti
@IAmNotYetti Жыл бұрын
@@BobSharpe Gotta love rollercoasters can’t wait to see what the ride is like this year! Best of wishes hopefully it’s a really safe and boring ride that never stops rising haha can only dream
@BobSharpe
@BobSharpe Жыл бұрын
@@IAmNotYetti right there with you!
@geoffreycoar2762
@geoffreycoar2762 Жыл бұрын
I'm nervous about giving out my social security number. Is this robinhood app and company safe to use.
@BobSharpe
@BobSharpe Жыл бұрын
Very fair concern. Robinhood has to ask for your social because they are required to report any stock growth and tax details to the IRS each year.
@mboehm04
@mboehm04 Жыл бұрын
Should I invest in SPDR s&p 500 ETF or the Vanguard S&P 500 etf? Right now I have both.
@petroffserviceslimited769
@petroffserviceslimited769 4 ай бұрын
I tried to download the App but says this item is not available in your country. I live in Australia
@BobSharpe
@BobSharpe 4 ай бұрын
Sorry about that! Robinhood isn't yet available in Australia. My other favorite app Webull is, and they offer the same feature as Robinhood to do the $5 a day piece (or anything you'd like to do): averagetoamazing.com/go/webull
@JamesClark-z9s
@JamesClark-z9s Жыл бұрын
Curious to know if GOGY is maintaining its positive momentum for investors. Is it still worth considering?
@ericplatts9100
@ericplatts9100 Жыл бұрын
I don't do crypto currency, I do 100 to 200 per biweekly pay and some bonuses, 17000 k us 1200 yearly dividend. I have 15 investments
@ItzTheThrill
@ItzTheThrill 5 ай бұрын
Thanks for the fun content!
@ndeeeed
@ndeeeed Жыл бұрын
Hey, Mr. Sharpe! What’s your thoughts on this stock? “ PBR “ it yields high dividends with low cost.
@minatusa9897
@minatusa9897 Жыл бұрын
Would it still be ok to invest in VOO? I just decided to invest 1$ a day as a tryrun bec im new to this. So is it like im buying the stocks every day and it builds in my credit and say I got 1000$ in next few years, will i be able to get the whole $ ?
@dariorocha6006
@dariorocha6006 Жыл бұрын
Can u set the time of day it will initiate on robinhood?
@hydrochris
@hydrochris Жыл бұрын
I want to start this myself, question on purchasing crypto. Doing the 5$ per day, do the “gas fees” or what ever other fees hurt the average cost of the daily averaging compared to single larger purchases? Thanks love the videos.
@BobSharpe
@BobSharpe Жыл бұрын
Somewhat it does, it usually has a 4 cent fee to it each day, so that is something to consider for sure.
@juandavidperalta9869
@juandavidperalta9869 10 ай бұрын
Whats the best plataform to do this invesments?
@CryAlpha123
@CryAlpha123 3 ай бұрын
Robinhood
@cal88usa
@cal88usa Жыл бұрын
Why oh why haven’t I seen your channel 5 years ago. I started my Robinhood daily stock investment. Thank you very much. I will be subscribing to your channel.
@Oluwagbeoyemiga
@Oluwagbeoyemiga 5 ай бұрын
Hi, is it possible to use Robinhood to invest also in Africa and cash out later?
@ahmedareem
@ahmedareem Жыл бұрын
Great video
@BobSharpe
@BobSharpe Жыл бұрын
Thanks!
@marklisiecki5790
@marklisiecki5790 Жыл бұрын
What do you do for coffee now ☕? Great video :) Thanks 👍
@BobSharpe
@BobSharpe Жыл бұрын
I brew at home - which doesn’t cost a whole lot compared to my original daily Bux 😁
@marklisiecki5790
@marklisiecki5790 Жыл бұрын
@@BobSharpe Try Panera unlimited coffee deal :)👍
@stevengrech4
@stevengrech4 Жыл бұрын
Started doing this in Euro too in August.....up 18% on Ethereum! Bet you are laughing too now :)) well done
@BobSharpe
@BobSharpe Жыл бұрын
It's been such a great week for sure!!! Onward and upward
@stevengrech4
@stevengrech4 Жыл бұрын
@@BobSharpe will keep thr recurring buy on ofcourse
@MotivationMindsetU
@MotivationMindsetU Жыл бұрын
yes ive been investing in voo for a bit now. always up $ love it
@dmgspartan4143
@dmgspartan4143 3 ай бұрын
It currently says that this stock is unavailable on Robin Hood?
@Cube_117
@Cube_117 4 ай бұрын
Wow did you keep the ETH?! It’s worth a lot more now!
@BobSharpe
@BobSharpe 4 ай бұрын
I did keep it and continue to invest $5 a day. It’s looking great!! 😁
@KatelynCate
@KatelynCate Жыл бұрын
Was there a specific reason you chose to "cover" the weekends by investing all $10 on Monday instead of splitting it over the remaining trading days? Like, in a normal 5D trading week, you could've invested $7 each day to better adhere to the DCA approach of $5/day as opposed to $15 on Mon and $5 for Tues-Fri, no?
@BobSharpe
@BobSharpe Жыл бұрын
No real specific reason or strategy, other than just thinking "alright, I missed Saturday & Sunday's $5 per day, so make it up on Monday!".
@jessejock4878
@jessejock4878 Жыл бұрын
This year I started $10 a day ($40 in total) on AAPL, TSLA, VOO, and QQQ
@davepetroski1074
@davepetroski1074 Жыл бұрын
Do you set up a second reoccurring payment for Mondays for the extra $10?
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