Over the last year I decided to invest $5 a day into an S&P 500 fund and another $5 a day into Ethereum using the Robinhood …
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Over the last year I decided to invest $5 a day into an S&P 500 fund and another $5 a day into Ethereum using the Robinhood …
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50 comments
Having multiple streams of income is a game-changer for financial stability. Relying solely on a job may not provide enough financial security due to high rates of tax It is important to explore additional investment opportunities to surpass one's expectations. May you find success as you read.
Can you do a update video?
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 .
This is really dumb advice
This is like telling people. Just buy a lottery ticket every day in the n you'll be rich. Nothing could be further from the truth.
Cancel you lost money in the year… In 10 years you're probably still gonna be in the hole.
Because you lose more often than you win
Now you’re up !!!
put your money in a cookie jar and you get ALL your money. this is a garbage promotion for robinhood.
you actually get close to 3,000 dollars after taxes.
Great beginner’s video! I’m new to investing and found $WKSP (Worksport) while researching microcaps. They’re involved in solar technology for vehicles, which seems like a promising area. Your advice has really helped me feel more confident about exploring opportunities like these.
3:39 very true lolll good way to look at it
It currently says that this stock is unavailable on Robin Hood?
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
Yeah do year two now!
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
The market is performing at record highs 2024
Amazing video! Thank you so much for sharing can’t wait to start investing my $10 a day Monday!
Check my shorts if you want to follow me with my 100€ to 10.000€ sports betting challenge. Today we got 89% WIN!
Give stock up with Larry his credit for the $5 a day coffee challenge, he's the one that actually started that.
Thank you for this valuable YouTube video! Now I know how to set my Robinhood account up to invest money into stocks daily!
Yikes dude -6% is ROUGH
Wow did you keep the ETH?! It’s worth a lot more now!
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.
I tried to download the App but says this item is not available in your country. I live in Australia
Just lose money…..it’s ok…..Wall Street calls it a “paper” loss!😂
So you lost around $800 in the market on both?
Cause you put in over $1800 a piece
Thanks for the fun content!
Right now I’m invested in 5 different stocks, Apple, Tesla, Microsoft, Amazon, and Ford. I wait for pay day and get 30$ out and split it 5 ways everytime. So far only have about 90$ invested.
Just starting in stocks, my plan is to put around in around in $50-$100 a week . Im just still unsure what i want to put it in.
I’m looking for a cliff notes version of the video in the comments because I can’t watch the entire thing
does it cost to buy a share. since your buying a share every day do those fees build up?
I don't drink starbucks, but overall I pretty much hate the mmindset of "cut out something that you enjoy on daily basis from your life, to earn more money". Delayed gratification is important, but like remember to run the numbers of what is better FOR YOUR HAPINESS. Example: I'm paying like 2 usd daily on can of energy drink that I absolutely love (in the small ammount that I drink it's not unhealthy) and I'd much rather have that daily rather than cut that for more money.
Can you set this up for trading212
People who don’t invest money are basically at the mercy of rising interest rates, bills, and bank account fees. That being said, do lots of research and invest. These days all you need is a smartphone, and a thoughtful plan. The market will slowly improve over time, and so will your balance. But hey, I’m just a guy, commenting on a YouTube video. 🤷♂️
Doesn’t Robinhood charge you a fee for every trade you make so wouldn’t it be better to do weekly or monthly recurring payments
5$ for 1 coffee?????????????
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?
I used to drink Starbucks 2x a day sometime 3x a day which is just stupid looking back Everytime I want a coffee now I pull my phone out I take the $8 I would have spent on the coffee straight into my Roth IRA.
Real advice for real people
we all need 2024 update please.
Only true chads make their own coffee which is cheaper.
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.
Investing in crypto, gross.
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.
never sell when your down it’s not gone until you sell hold for 20+ if you need too
love the mindset thank you for this video
I have $31,000 sitting in a traditional IRA. Not doing anything. Trying to figure what to do with it I was thinking about taking a hit and investing in a ETF
You look like Tobuscus if he was smart
If you wouldve done $5 in Nvidia last year it wouldve been equal to $15 a day now a year later
$5 a day into Ethereum last year would be more than double now and likely 7x within the next year