How to Invest

Here’s How to Invest Your First $5000

What I’m suggesting is that it’s ok to invest in risker stocks and crypto, but limit your exposure to a certain percentage of your portfolio.

In the current market, where the never ending pandemic, soaring inflation, and risk of recession, it makes sense to reduce risk and spread your money:⁣⁣⁣

Here’s How to Invest Your First $5.000

  1. Index funds, ETFs and Blue Chipsconsider investing 40-50% of your portfolio in safe index tracking funds, exchange traded funds, and big, well known, defensive stocks which add quality to your portfolio.⁣⁣
  2. ⁣⁣Mature Growth – consider investing 20-30% in mature but still growing companies, including the FAANG+ big tech titans, providing strong longterm growth and a potential safe haven during the 2020s.⁣⁣⁣
  3. ⁣⁣⁣High Growth – consider investing 10-20% in potentially rapid growth stocks. Its easy to get excited and FOMO putting all your money in, but important to manage the potential risk v reward.⁣⁣
  4. ⁣⁣⁣Crypto Currency – understand that cryptocurrency isn’t an investment in the same way a stock is. They’ve widely been seen as an alternative to sovereign currencies, like the dollar. Most cryptocurrencies that come on the market have failed. So keep your investing to 5-10% max!⁣⁣

Best Apps for Investors

I regularly get asked about which apps I use, to buy my stocks, manage my portfolio and get info on stocks and dividends.

These are 9 apps I use regularly, most of them daily:

  1. Yahoo Finance⁣⁣⁣⁣
  2. Trading212⁣⁣⁣⁣
  3. Stock Map⁣⁣⁣⁣
  5. Google Sheets⁣⁣⁣⁣
  6. Simply Wall Street⁣⁣⁣⁣
  7. Discord ⁣⁣⁣⁣
  8. Getquin ⁣⁣⁣⁣
  9. YouTube ⁣⁣⁣⁣

⁣⁣⁣⁣Trading212 is my preferred stock trading app.⁣⁣⁣⁣

⁣⁣⁣Yahoo Finance, Simply Wall Street and Stock Map are great tools to get stock information and news.⁣⁣⁣⁣

⁣⁣⁣⁣⁣⁣⁣ for info on Futures market.⁣⁣⁣⁣

⁣⁣⁣⁣Google Sheets I use to monitor my entire stock portfolios, and my dividend income.⁣⁣⁣⁣

⁣⁣⁣Getquin is a fantastic portfolio tracker which has built in social media networking – share your portfolio and investing ideas with everyone.⁣⁣⁣

Discord offers private groups chat and other facilities to build great investing communities.⁣

YouTube is a great place to watch and learn from other (more experienced) investors.⁣⁣⁣⁣

⁣⁣⁣⁣What’s your favourite apps? ⁣⁣⁣⁣ Let’s make money and our mindset work for us.

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