Just so we’re on the same page…
↬ I don’t know how long I’ll do this, but my goal is to keep it going for at least one year.
↬ My stock picks and trade alerts are based on my research and bias, and you are under no obligation to follow any of them. However, you are more than welcome to do so (at your own risk).
↬ If you want to opt-out of receiving my texts, simply reply STOP, and you will be removed from the list.
↬ This is a group chat from my end, but it’s a 1-on-1 chat for you—I am the only person who can read your replies.
↬ You can expect 3-10 text messages/week, alerting you to my latest stock picks, trading opportunities, and related recommendations.
If you have a mobile plan that charges per text, you can expect to be charged accordingly by your service provider.
↬ Every Saturday, I’ll recap the stocks, trades, and recommendations from the week—including my % gains and losses.
↬ Lastly, I’ll occasionally recommend apps, books, and services that can enhance your investment experience.
My first recommendation is an app called Public. They see themselves as an Investing Social Network, but I see them as a way to buy any stock with any amount of money.
For example, If you want Amazon stock (which is $3,300+ per share) but only have $10 to invest, you can buy $10 worth of Amazon stock through Public.
Then if Amazon’s share price increases by 5%, your $10 investment will be worth $10.50, conversely, if Amazon decreases by 5%, your shares will only be worth $9.50.
Anyway, Public is an excellent choice if you plan to follow my (long-hold and dividend) stock picks this year. However, Public is not ideal for swing trading—for that, you should consider one of the other brokers listed below.
Purposely excluded from my recommendation list is RobinHood. While the app is super easy to use, their business practices are shady (at best).
So if you already have an account with Robinhood, and you like the app—keep it. But if you’re just getting started—choose a different broker.
Tomorrow we’ll look at Savings Accounts, then Index Funds on Wednesday, followed by a few Dividend Stocks on Friday.
By Sunday, February 14th, everyone should have their brokerage account set up, funded, and ready to buy a few stocks.
📈Hey, Happy Monday!
Since this is our first week together, I thought I’d start by presenting a few alternatives to self-directed stock investing.
First up, 🏦Savings Accounts. They’re uncomplicated, low risk, and convenient.
The national (average) interest rate is around 0.07%🤢
Banks like Wells, Chase, and BOA offer a pitiful 0.01%🤮
Meanwhile, Marcus, American Express, and Ally Bank offer a respectable 0.5%, which is more than 7x’s the national average and 50x’s higher than Chase & BOA 😲
The projected inflation rate (2.24%) for 2021 essentially means that your savings account will lose money this year 👎🏿, like every year in recent memory.
But hey, you’re better off losing 1.74% than going with Chase and losing a whopping 2.23% 🤷🏿♂️
I know what you’re thinking—damned if you do and damned if you don’t, but let’s face it, for better or worse, your money will be there when you need it.
Lastly, I am aware that banks offer higher interest rates than .5% (e.g. Synchrony Bank), but I simply listed the three that I’m most familiar with.
As always, do your own research.
As per the request of a few group members, here’s an alternative to Public.com: https://cash.app
Stash and SoFi also offer fractional shares, but Public and CashApp are the only two I feel comfortable recommending.
As always, do your due diligence.
📈 Hey!, let’s talk about Index Funds.
Index Funds are set-and-forget, low risk, high reward investments.
They’re not sexy, but over time, they can build generational wealth for those who consistently invest and hold (for decades) without selling.
There are hundreds of funds to choose from, but I’ve narrowed it down to one—FNILX.
FNILX by Fidelity. It’s an S&P500 index fund, minus the right to call it an S&P500 index fund. No minimum. No Expense Fee.
As always, do your due diligence. → click here
📈Enjoy this great share from one of our group members.
⚠️Spoiler Alert, we came to the same conclusion…kinda.
📈📚 Wealth gained quickly will diminish, but whoever gathers little by little will increase it. (Prov. 13:11).
The Bible is filled with the best money management and investment advice you’ll find out there, so when you get a chance, have a look.
And while you’re in the reading (or listening) mood, have a look at the following five books:
1/ The Intelligent Investor: https://amzn.to/2Z7YBME
2/ Common Sense Investing: https://amzn.to/3p4E6vb
3/ The Simple Path to Wealth: https://amzn.to/3aaAVOl
4/ The Essays of Warren Buffett: https://amzn.to/3aa6Q12
5/ The Coffee House Investor: https://amzn.to/3jOhCh3
Price is what you pay. Value is what you get. —Warren Buffett
Hey, Happy Friday!
Let talk about Dividends.
Much like an Index Fund, Dividend Growth Investing is NOT sexy. It’s not about investing in the hot new company—it’s about buying stable, profitable, and growing companies at reasonable prices and then loading up on the winners.
Today, I’ll highlight three dividend growth investing ideas. All three are affordable investment opportunities that pay quarterly and are suitable for conservative growth portfolios.
➡️ AT&T (T) pays an annual dividend yield of 7.25%.
➡️ Medical Properties Trust (MPW) pays a dividend yield of 4.8%.
➡️ CubeSmart (CUBE) pays a dividend yield of 3.78%.
For example, if you owned (via Public) $100 of AT&T stock, they would have paid approximately $7.25 last year. Obviously—the more money you invest in AT&T, the more you earn.
If you really want to get crazy, you can reinvest your dividend payments back into the stock—essentially giving yourself a raise without doing anything.
**Buying fractional shares (on Public) will not disqualify you from earning dividends.
Dividend Stocks continued
Hey, here are five more (quarterly-paying) dividend stocks for your consideration.
➡️ American Tower Corp. (AMT) 2.4% APY
➡️ Broadcom (AVGO) 3% APY
➡️ Digital Realty Trust (DLR) 3.4% APY
➡️ Mid-America Apartment Communities (MAA) 3.0% APY
➡️ Enbridge Inc (ENB) 7.5%
I’ll share the last two dividend stocks (that I like) tomorrow, and then I’ll start sharing long-term (1-10 years) and short-term (2 days-3mo) stock trades.