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I invested $5000 into Robinhood yesterday (March 14th, 2024). Sooo I normally use Robinhood for day trades and option calls. And I also use Public for my regular long hold trades to keep things separate.
But I wanted to start from scratch again to see how much I could turn $5,000 in one year in medium-risk, high return way. After all, I turned about $6500 into $16k in a few years.
My university advisor suggested I take out a subsidized loan (no interest until graduation) for emergencies. So I took it out, invested, and over doubled the amount. I paid back the loan fairly soon after graduation. (Don’t do what I did tho, I was just broke and wanted to make money during covid lol).
This is a project I was going to start in January (and have soooo many regrets not doing so sooner haha). I just kept pushing it aside.
I divided the $5000 into 8 different ETFS and Stocks. The market was higher this week and was gonna wait until today to invest, but oh 🐳 haha
I put $1000 into each of the following ETFS
🪼QQQ
🪼VGT
🪼VUG
🪼 VTI
And I put $250 into each of the following stocks
🪼AAPL
🪼NVDA
🪼MSFT
🪼 LLY
DISCLAIMER: I am NOT a financial advisor. I’m not saying anyone should do this, but I am showing what I’m doing. This is RISKY. Please only ever invest what you are willing to lose
#personalfinance #money #moneyhacks #sidehustle #investingforbeginners #investing #moneysavingtips #financialfreedom #passiveincome #shareyourthoughts