I try to refrain from offering investment advice. However, I was giving a talk this past weekend and shared some investment advice to some brothers and sisters who have zero investment experience.
This is what we did.
The more expensive stocks, are on my M1 account because you can purchase portions. Robinhood has full stock purchases. However, they are rolling out partial purchases this year.
As soon as you finish reading this, sign up, set up auto-deposits you can afford, but that push you.
2020 is the year and decade for economic empowerment of the small percentage of black people smart enough and brave enough to take control of his or her destiny.
I will be available to answer general questions periodically.
This is what we did.
- First, I made everyone sign up for Robinhood and M1 using their Android or Apple phones.
- Explained why having one of these accounts is much smarter than having a savings account. Traditional Savings accounts are actually foolish.
- We looked at 20 year $50, $100, and $250 per week investment options.
- Drilled in that this is a long game.
- Explained Roth IRA and why everyone should have one of these accounts.
- Explained that following the S&P 500 is the safest investment regarding stocks.
- Shared my main portfolio.
- AAPL
- MSFT
- AMD
- NFLX
- TSLA
- VOO
- GOOG
- GOOGL
- DIS
The more expensive stocks, are on my M1 account because you can purchase portions. Robinhood has full stock purchases. However, they are rolling out partial purchases this year.
As soon as you finish reading this, sign up, set up auto-deposits you can afford, but that push you.
2020 is the year and decade for economic empowerment of the small percentage of black people smart enough and brave enough to take control of his or her destiny.
I will be available to answer general questions periodically.