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 …)
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.
Investing $1000 in the Lending Club platform as part of the Grow Your Dough Challenge. Brief explanation of the platform for beginners.
Investing $1000 with Fundrise as part of the Grow Your Dough Challenge. Brief explanation of the crowdfunded real estate platform.
Depositing $1000 over the course of a year with Acorns as part of the Grow Your Dough Challenge. Brief explanation of the deposit scheme I planned, how Round-Ups work, and other benefits of the Acorns platform. Includes link to my YouTube video where I show a walkthrough of the Acorns app. Use my Refer a Friend link to get $5 when you open a new Acorns account.
Investing $1000 in a traditional investment – a Certificate of Deposit as part of the Grow Your Dough Challenge. I invested with Capital One, where I also have a Savings account. Includes my Refer a Friend link for new account owners to receive a cash bonus when opening checking, savings or money market accounts with Capital One.
Overview of my investment choices for the 2019 Grow Your Dough Challenge. I’m investing money with Acorns, Capital One, E*Trade, Fundrise, Lending Tree, and Robinhood. Follow along on my blog to see how these accounts progress over 12 months.