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Twitter: @SamKling_YT
This is going to be a slight shift from the typical options strategy videos that I was putting out. But don’t worry options are still near and dear to my heart and I will continue to make those videos too. But I want to also talk about the other parts of my investing strategy which includes my views on Index Fund etfs as well as how I evaluate and invest in individual stocks.
Here’s to me trying to be a net positive for the Youtube investing community. Make sure to subscribe to my channel so you can follow along with this new series!
Now… Let’s get into the dirty details of how this is going to work.
Every month I will deposit $150 into my fidelity brokerage account and purchase a stock, etf, or combination of both. I will be giving my due diligence and research for the purchase as well as other suggestions of possible buys including etfs or index funds.
I will be using Fidelity for my brokerage account because I’ve never used them before and I want to get a better feel for how the major brokerages work. They also have fractional shares, which helps when only investing $150 per month and want to be able to purchase any stock.
With that being said I do have my favorite brokerages:
So you might ask: why $150 per month? That's such a random number and you can’t get rich off of $150 per month!
FALSE
The reason I am picking $150 per month is because I feel it is an easily attainable number for most people to consistently hit every single month.
The other reason is when $150 per month is compounded annually at an average rate of 11% per year will grow into over $1million over the span of 40 years. The idea is that anyone can reach a net worth of $1million at a savings rate of $150 per month.
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Subscribe: https://subscribe.samkling.com
Twitter: @SamKling_YT
This is going to be a slight shift from the typical options strategy videos that I was putting out. But don’t worry options are still near and dear to my heart and I will continue to make those videos too. But I want to also talk about the other parts of my investing strategy which includes my views on Index Fund etfs as well as how I evaluate and invest in individual stocks.
Here’s to me trying to be a net positive for the Youtube investing community. Make sure to subscribe to my channel so you can follow along with this new series!
Now… Let’s get into the dirty details of how this is going to work.
Every month I will deposit $150 into my fidelity brokerage account and purchase a stock, etf, or combination of both. I will be giving my due diligence and research for the purchase as well as other suggestions of possible buys including etfs or index funds.
I will be using Fidelity for my brokerage account because I’ve never used them before and I want to get a better feel for how the major brokerages work. They also have fractional shares, which helps when only investing $150 per month and want to be able to purchase any stock.
With that being said I do have my favorite brokerages:
So you might ask: why $150 per month? That's such a random number and you can’t get rich off of $150 per month!
FALSE
The reason I am picking $150 per month is because I feel it is an easily attainable number for most people to consistently hit every single month.
The other reason is when $150 per month is compounded annually at an average rate of 11% per year will grow into over $1million over the span of 40 years. The idea is that anyone can reach a net worth of $1million at a savings rate of $150 per month.