/biz/ - Business & Finance

Dividends DRIP method

>>13400094
Which companies are good to use the drip method with?

>>13400132
You gotta do some research yourself. Basically you invest in stock that has a high Divedends return, and reinvest the dividens over the years. Slow n steady bags my friend

>>13400257
ah ok thanks. Whats a good ratio for divedend to stock price ratio so i know im not getting cucked?

$2000 is nothing. In NY this wouldn't even be enough for the rent for a small place for a single month. Buy some crack or something, this isn't worth anything.

>>13400275
money is a little hard to come by when im going to college, paying for an apartment, and etc. However i am not a big fan of drugs particularly so id have to decline. I am just looming for a good future

>>13400078
Spy

>>13400271
All dependent on how the chart is trending anon
However >>13400275 is right, $2000 is a pretty measely amount of money to start with. But if you pump your bags for 5-10 years you'll start to see some actual returns in dividends.

>>13400306
Thanks for the advice, ill just continue to grind it out until i can invest more, i dont know too much about investing so anything to get me on the right track is appreciated

>>13400078
Is that you in the pic? You're very cute.

>>13400078
Yes, Anon.

>>13400927
Follow this guy and buy Rheinmetall AG stocks.

Same situation here, 20yo college student and managed to save up 2k. From what I've read you should look up the /smg/ in this board and read enough Investopedia articles and tuts. Stocks look like the most viable option to make a stack in the long run. Crypto is really volatile and thus very risky but it's fun. If you wanna put your money to work while you learn how the whole thing works I'd suggest considering a robo-advisor. Good luck Anon, hope you make it

Honestly dude, my 2c worth is to say, invest that 2000 in yourself.

Buy $2000 worth of good value books and courses, become a god at excel or something and try to weasle your way into a position that is high pay / will teach you how to create wealth.

way way higher ROI than any shitty coin or stock youre going to buy

unironically buy silver. when the USD collapses that 125 ounces of silver will buy you a farm.

>>13400293
Everybody has to start somewhere. Good job on not wasting your money on useless shit!

If I were you I would put all my money on Vanguard Total World Stock ETF. It has great diversification and low fees. This investment requires 0% managing and you can just forget it. Easy.
And also get rid of high interest debt.

>>13400329
The big chunks of money are accumulated over multiple years, one paycheck at a time. Patience is key in this game. I put 70% of my paycheck to investments every month. You have a great advantage over others if you start young.

>>13400992

Fucking this.

>>13401002
This.
Yield curve inversion is one of many key indicators that are flashing red that we are heading for a global recession.
$2000 may seem a lot to you now, but isn’t much to make any meaningful return. You need to be making the most of the financial cycle we are currently in.
I would be allocating 50% into PM ETFs, look towards silver as it’s more undervalued and will be used a lot more in green energy (solar panels, cars etc).
You can invest in miners if you want more leverage, or GDX and GDXJ if your not too sure to stock pick.
I would use the other $1000 in crypto, however no shitcoins, only what’s used on the Dark Web BTC, XMR to reduce volatility.
When the shit does hit the fan and the stock market nose dives, only then re-invest all the gains into a low fee passive index global accumulation fund and forget.

bitcoin. 10x in 10 years maybe even 100x

>>13401735
At first glance, I thought this would be doomngloom advice. OP do what this anon says. Good for you anon. Godspeed and have a great day/life

>>13400078
Get some bitcoin, and study the crypto space. Practice trading with 50$