Have a flight to catch.

Let’s check in Monday!

A lot of you joined this group to learn about investing. This is your first step. This is our Weekly Deposit Roll Call. If you're new here and don't have an investment account yet - you need to set one up. If you don't know which brokerage you want to use, just pick robinhood. It has the best mobile app for beginners and is easy to set up. Now - you need to set up your weekly automatic deposits of $10. You're allowed to do more or just add extra money as you can. This isn't about how much - this is to ensure you get started and build the habit. Let’s get this thread active 👇 Let me know what you invested in this week. We don’t care about the amount. We care that you showed up. You have automatic weekly deposits going into the account and you put some money to work. This is week 3 of the public account. As you know I have a minimum weekly deposit of $100 going into this account each week. I'm buying more s&p 500. I think it's important to build base in a broad market ETF before buying any individual equities. You can build your entire portfolio around buying the s&p. Anywho, what did you invest in this week? I want to know.

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Take a look at these charts. SPY is down 7% from its high while big names like Microsoft, Netflix, and Nike are all down 20-30%. Do you want to see big swings of 30% in your portfolio? Nike stock is down real bad. Almost 70% from its highs! If you invested 10k would you rather be down $700 or $2500 in a market dip.. Thats the difference in picking an ETF vs an individual stock. Individual stocks can be more volatile and irrefutably have more risk. Now the reverse can also be true. You could've put 10k in NVDA and been up 2500. More risk = higher reward. This is why people like to pick individual stocks. But, When you buy individual stocks: • You’re taking on company-specific risk • You can experience massive drawdowns • You have to be right about that company So you have to pick your poison. For most people the takeaway is you don’t need to find the next big stock. KISS - Keep it simple stupid Just ETF AND CHILL