I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underground, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
Diversify your portfolio and invest long-term. Deposit small amounts each stock and reinvest dividends automatically. Keep an eye on your ROI and sell your lousy stock. Also, CD is a solid fixed investment..✌️🫶
idk in the US but in the PH we have digibanks which offers 4.5%-16% pa which is safer in terms of consistency? baseline 4.5% and once you do transactions it gets boosted with increments of 2.5-3% thats why it reaches 16% but for a month only but then again transactions are monthly basis called “missions” so yeah probably better with digibanks tho theyre relatively new here but backed by big companies and banks.
Never invest and never will. I'm 60, my hustles and extra cash hanging around. All I do is buy and sell. Mostly at flea market's. I rent a booth and enjoy the income coming in. Yes, I'm working to get the cash, instead setting around for that big 8%+. But I see 50% and even up to 300% profit over items I sell. At the end of the year, it's a lot of money. To me this isn't work, since I enjoy doing it. This is what I do all the time with my free time. Can't help it that my free time makes me money, for enjoying life.
One way to minimize risk while still capturing the potential for growth is by diversifying across sectors and industries. For example, holding both dividend-paying companies in stable sectors like utilities or consumer staples, alongside growth stocks in technology or healthcare, can provide a good balance. I've found that this approach allows me to enjoy consistent income from dividends while still benefiting from the capital appreciation that growth stocks can offer. How do you approach diversification in your portfolio?
This shouldn't be the FIRST place the money goes through. If the capital isn't captured in your personal banking system first, then you won't have access to capital when you make your investments.
Wow. I'm a bit perplexed seeing Kevin S Mikan name been mentioned here also. Didn't know he has been good to so many people too, this is wonderful. His technical analysis is excellent and his interpretation/projections of the market is so accurate that I sometimes ask myself if he is human haha. My point is "Kevin S Mikan is the perfect guide to follow for reliable advice and daily market signals". His expertise will help you navigate the markets with confidence.
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
I wish I invested in stocks earlier but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?
I’ve got £100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?
36 comments
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I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underground, do I keep contributing to my 401k or look at alternative sectors to meet my goals?
Diversify your portfolio and invest long-term. Deposit small amounts each stock and reinvest dividends automatically. Keep an eye on your ROI and sell your lousy stock. Also, CD is a solid fixed investment..✌️🫶
As an investor in the stock market & crypto market, DO NOT do what this guy is saying
Mutual funds bro
It’s the same they make money with your money
Make it your own 😂😂😂
idk in the US but in the PH we have digibanks which offers 4.5%-16% pa which is safer in terms of consistency? baseline 4.5% and once you do transactions it gets boosted with increments of 2.5-3% thats why it reaches 16% but for a month only but then again transactions are monthly basis called “missions” so yeah probably better with digibanks tho theyre relatively new here but backed by big companies and banks.
Never invest and never will. I'm 60, my hustles and extra cash hanging around. All I do is buy and sell. Mostly at flea market's. I rent a booth and enjoy the income coming in. Yes, I'm working to get the cash, instead setting around for that big 8%+. But I see 50% and even up to 300% profit over items I sell. At the end of the year, it's a lot of money. To me this isn't work, since I enjoy doing it. This is what I do all the time with my free time. Can't help it that my free time makes me money, for enjoying life.
One way to minimize risk while still capturing the potential for growth is by diversifying across sectors and industries. For example, holding both dividend-paying companies in stable sectors like utilities or consumer staples, alongside growth stocks in technology or healthcare, can provide a good balance. I've found that this approach allows me to enjoy consistent income from dividends while still benefiting from the capital appreciation that growth stocks can offer. How do you approach diversification in your portfolio?
Its better to invest that money into real estate like I did and now im living on passive income
This shouldn't be the FIRST place the money goes through. If the capital isn't captured in your personal banking system first, then you won't have access to capital when you make your investments.
Put it into an s&p 500 which has an average interest rate of 10.16
Investing sounds like a scam or gamble.
Thank you for recommending Alice Lee chen financials on one of your videos. I reached out to her and investing with her has been amazing.
.02% interest lol? Change your bank provider mate. Can get easy access 4%, even up to 5% in the uk
Everyone talks about the stock market like it's always easy profit like people didnt really lost tons of money in it
I do wholesale stuff not stocks
WHICH BANK PAYS OUT .2%😭
Cool😊
*hiy yeld saving account
Wow. I'm a bit perplexed seeing Kevin S Mikan name been mentioned here also. Didn't
know he has been good to so many
people too, this is wonderful. His
technical analysis is excellent and his
interpretation/projections of the market
is so accurate that I sometimes ask
myself if he is human haha. My point is
"Kevin S Mikan is the perfect guide to follow
for reliable advice and daily market
signals". His expertise will help you
navigate the markets with confidence.
My high yield savings gives me 4.25% and I don’t have to worry about being dumb and loosing it to the market
Everyone talking abt how they ONLY got 500k in stocks… I got 10k in assetts 😭
You can put it in a CD and get over 5% guaranteed, safe.
Here after I lost money investing in the s&p 500 😂
😂😂😂
ran out of cars to crash
im not risking my money in stock market💀
What if stock crash😂
Or just put it in an MMA or HYSA.
My savings account gives me 7% return
I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories. One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market.
Investing is a Gamble either you make 500K from you 100K or you lose all of that 100K.
One single successful year can make someone forget 10 years of suffering. You reading this comment, may 2024 will be your year of success🙏
or put it in a roth ira
I wish I invested in stocks earlier but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?
I’ve got £100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?