This article covers my five favorite passive income investments. As I discuss these investments, I provide practical advice to help all the beginning investors out there plan to make your money work for you.
The end of February 2020 saw a dip in stock market prices. This came on the heels of a 10 year long bull market. For the last few months we’ve watched as many companies hit new 52 week highs. According to Market Watch, the Dow Jones Industrial Average fell 12.4%, the S&P 500 lost 11.5%, and the Nasdaq was down 10.5%. Some gains were made on Monday, March 3 as the market attempted to stabilize. Then, on Tuesday, March 3 we had the Federal Reserve announce an interest rate cut of a half percentage point, which led to further action… Read More »Market Correction in February 2020 and What I Did
This article relates to my dividend ETF focused TD Ameritrade Trust account. Find out how much I earned from dividends since I began investing in this account in the summer of 2019. I have a special plan for half of the dividends I earned. Click the title to learn more…
Time for my 2019 Grow Your Dough Challenge third quarter update. The Grow Your Dough Challenge involves putting $1000 into the investments of your choice via the investing platform of your choice at the beginning of the year. At the end of 12 months, we’ll see how the investments have progressed and which one can grow the most dough. I invested in seven different platforms, plus myself and my blog. Read more to learn how my investments are doing.
Back in May 2019, I opened a new Trust account with TD Ameritrade. With the recent downturn in stock market prices, I was able to complete the process of buying five of the ETFs I had been keeping track of for this account. My goal with this account is to use up to 50% of the money that I gain from dividends and interest each year as charitable contributions for my favorite non-profit organizations for the following year. (Click title to read more about my selections …)
Time for the 2019 Grow Your Dough Challenge second quarter update! The Grow Your Dough Challenge involves putting $1000 into the investments of your choice via the investing platform of your choice at the beginning of the year. At the end of 12 months, we’ll see how the investments have progressed and which one can grow the most dough. For the challenge, I made investments across six different investing platforms, plus a special bonus category of investing in myself through my blogs and YouTube channel. (Click through to read more…)
This article continues discussing my investment selection process for my new TD Ameritrade Trust brokerage account. It follows on from the TD Ameritrade ETF screener I used to select a set of ETFs to discuss my further process for narrowing down my choices.
I am deciding how I want to invest the money in this new TD Ameritrade Trust account. I am looking mostly for investments with good dividends or solid companies with some dividends and growth potential. In order to help fulfill my investing goals for this account, I decided to use the ETF screener at TD Ameritrade.
Following my investment choices in the Grow Your Dough Challenge. $1000 invested for 12 months in each of theses accounts: Acorns, Robinhood, Fundrise, Lending Club, E*Trade, and a Capital One CD. Also looking at costs to develop my blog and YouTube channel as part of investing in these tools and my education to use them.
Investment strategy I developed for investing $1000 for the Grow Your Dough Challenge using the Robinhood App. Also get a free stock when opening a new Robinhood account if you use my Refer a Friend link.