Current Events > Which stocks should I invest in? I just started using Robinhood last night

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SamusGlory
09/03/20 3:58:24 PM
#1:


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whitelytning
09/03/20 3:59:01 PM
#2:


Bad timing lol

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#3
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Pope_Francis_I
09/03/20 3:59:29 PM
#4:


GameFAQs
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Alteres
09/03/20 4:00:31 PM
#5:


CNET

Tesla

Apple

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eston
09/03/20 4:01:27 PM
#6:


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radical rhino
09/03/20 4:01:53 PM
#7:


Microsoft. Computers are gonna be big.

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Hexenherz
09/03/20 4:02:18 PM
#8:


How much money, what are your goals

There are lots of possible things to invest in, some are riskier than others, some are safer, some pay dividends, some don't.

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SamusGlory
09/03/20 4:03:24 PM
#9:


Hexenherz posted...
How much money, what are your goals

There are lots of possible things to invest in, some are riskier than others, some are safer, some pay dividends, some don't.

I can put in 100 dollars as the buying power (if that's the word for it) every week

I just wanna save money and buy a house in a far future <_<

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Were_Wyrm
09/03/20 4:06:06 PM
#10:


The low ones

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littlebro07
09/03/20 4:06:38 PM
#11:


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iPhone_7
09/03/20 4:07:19 PM
#12:


Hexenherz posted...
How much money, what are your goals

To get rich

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AlephZero
09/03/20 4:07:51 PM
#13:


SamusGlory posted...
I just wanna save money and buy a house in a far future <_<
SPY

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Christian RULES
09/03/20 4:09:09 PM
#14:


LifeInvader
Gruppe Sechs
Merryweather Securities

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UnholyMudcrab
09/03/20 4:10:26 PM
#15:


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Hexenherz
09/03/20 4:14:41 PM
#16:


Should be noted that it's a weird time to enter since some people are predicting another market crash (which *would* be a good time to enter, buy everything up on discount).

In my extremely non-professional opinion based on the fact that you want to grow money but are starting out with $400 a month and ultimately want to not lose any so you can put it down on a house...

VYM (Vanguard High Dividend Yield ETF) consistently pays about 60 cents a share (give or take ten cents; this last payout was over 80) and the buy in is just under $100 a share.

Any extra cash you have at the end of the month put into MAIN (costs about $30 a share right now; has been paying increasing dividends over the past decade to where it's reached 20 cents a share that is paid out monthly).

Set up dividend reinvestment plan, treat it like a bank account with much higher than usual compounding interest. Shit isn't gonna take off but you'll make money and should expect to be able to cash out at a net gain once you look to exit. MAIN is riskier but it was sloooowly and steadily climbing upwards before the crash earlier this year.

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Nu_Titan
09/03/20 4:23:44 PM
#17:


for long term and making regular contributions (dollar cost averaging), I would start with
S&P 500 (VOO/SPY) or total market index (VTI)
QQQ - basically a nasdaq 100 index that is mostly big tech companies

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GIT-GUD
09/03/20 4:25:48 PM
#18:


Tesla is $500
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SamusGlory
09/03/20 9:45:49 PM
#19:


thanks everyone

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SamusGlory
09/04/20 11:15:30 PM
#20:


any other stocks I should invest in for long term? >_> Microsoft seems pretty good

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MabusIncarnate
09/04/20 11:16:20 PM
#21:


Invest in Dogecoin

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lilORANG
09/04/20 11:18:27 PM
#22:


Plug power is cheap and is gonna continue skyward.
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Master_Bass
09/04/20 11:31:31 PM
#23:


VTI

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discodancer77
09/04/20 11:34:59 PM
#24:


Pumpkin-producing companies seem to be slowly rising right now. Im thinking theyll peak in November or December, then boom, I cash out

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Vampire_Wreath
09/05/20 12:14:14 AM
#25:


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Hexenherz
09/05/20 8:43:02 AM
#26:


lilORANG posted...
Plug power is cheap and is gonna continue skyward.
I was reading about Plug and there's a lot of controversy about them and I don't think I would trust them for the long term.

A lot of the executives have been cashing out of their shares of ownership (or at least some shares) and they have a history of diluting the value of the stock for existing shareholders. It's a pretty risky business.

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