December 19, 2024

20 thoughts on “What Investing $5 a Day Looks Like After 1 Year (Robinhood Portfolio)

  1. I quit drinking over 2 years ago. It saves me more than $5 a day for sure since i used to drink Belgian Quads and nicer Scotch/Bourbons. I also use Keurig for my coffee, and I buy the bulk pack of K-Cups to keep my per cup cost down under .50 cents with creamer. I stopped eating fast food too, now that McDonald's is like $10-$12 for lunch. I've not had any fast food this year, I pack a sandwich and I eat for $3-$4 instead. I plan on setting up a nice dollar cost average S&P 500 plan during the next downturn/recession, because it's coming. I'd rather ride the market recovery up, than ride the recession down. Enter with a lump sum into an S&P index fund, then dollar cost average additional contributions.

  2. Right now I’m invested in 5 different stocks, Apple, Tesla, Microsoft, Amazon, and Ford. I wait for pay day and get 30$ out and split it 5 ways everytime. So far only have about 90$ invested.

  3. I don't drink starbucks, but overall I pretty much hate the mmindset of "cut out something that you enjoy on daily basis from your life, to earn more money". Delayed gratification is important, but like remember to run the numbers of what is better FOR YOUR HAPINESS. Example: I'm paying like 2 usd daily on can of energy drink that I absolutely love (in the small ammount that I drink it's not unhealthy) and I'd much rather have that daily rather than cut that for more money.

  4. People who don’t invest money are basically at the mercy of rising interest rates, bills, and bank account fees. That being said, do lots of research and invest. These days all you need is a smartphone, and a thoughtful plan. The market will slowly improve over time, and so will your balance. But hey, I’m just a guy, commenting on a YouTube video. 🤷‍♂️

  5. What a great idea. I except your $5.00/a day challenge. The stock that I will choose is SBUX. I really you simple, everyman idea of getting into the stock market. Do you have a video for dividend investing?

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