Top 5 Investments From my First Year of Investing
Jay Flores
?? Host of “It’s Not Magic, It’s Science!” ???? 2x American Ninja Warrior semifinalist ?? Contestant on “Are You Smarter Than a Celebrity?”
In 2019 I set a goal to invest at least $100/month in the stock market. I started with the Robinhood app because I was a total beginner. It’s gone very well for me so I increased my goal and ended the year with an average of more than $200 invested/month. Now I want to help others get started! Below you'll find my top 5 investments of 2019, information on how you can begin your investing journey, and a free stock!
Of the 15 stocks, I invested in this year five provided me with a total return % greater than 30%! My top 5 investments of 2019 based on total return % were the following:
- TSLA (Tesla, Inc.) 126.27%
- LK (Luckin Coffee, Inc.) 73.38%
- T (AT&T, Inc.) 34.49%
- WDC (Western Digital Corp.) 33.14%
- ELY (Callaway Golf Co.) 30.06%
TSLA and LK were investments that I took on with educated risk. TSLA carries tremendous uncertainty but has the potential to change the world with its long-range EV tech, AV tech, and battery tech. The average person in China only drinks 3 cups of coffee a year, but the Chinese coffee market is rapidly evolving and has tremendous room for growth and LK is in a great position to grow with it.
T, WDC, and ELY are dividend stocks that distribute a portion of profits in addition to the stock price increases. Companies that provide dividends are typically mature that may be more suitable for conservative investors, compared to early-stage companies or companies that are not yet profitable.
The Robinhood app has a great referral offer. A free stock is waiting for you! Join Robinhood and we'll both get a free stock like Apple, Ford, or Facebook for free. Sign up with my link: https://join.robinhood.com/jayf206
No catch. You can start investing with as little as $1 and learn by studying the free stock they give you (I can help you with that too). Or you can set a monthly goal as I did. Let me know if you have any questions or if I can help you set a goal for 2020!
Here is an excellent read about the 2020 market: https://blog.rwbaird.com/
Experienced Mechanical Engineer | Mechanical Integrity | Pipeline Facility Integrity | STEM Advocate | Mentor
4 年Great info Jay Flores! I started on Robinhood back in 2016 and it has been going really good for me. One piece of advice that has been working great for me is only investing the cash back I get from my credit card. I started using my CC for everyday purchases investing the cashback to buy stock. Plus it’s money that doesn’t have to come out of your paycheck. Who knew CC would pay you to use them!
Forever Faith: The Abe Cruz Story - Mindset of Champions
4 年Yes sir . Let’s grow
Avid Sponge- Obsessing over development in all aspects of life!
4 年You cannot go wrong with indexing, due to the aggregate returns to avoid tailwinds and large swings in the market as Sam said, however that should be the start. Take time to educate yourself in which companies are in your area of understanding/expertise and providing some analysis of your own. That way you can make decisions based on you, and understand why you do. Let alone, Warren Buffet and Charlie Munger do not index themselves (BRK doesn't count), they have a bag of stocks which are very specific in why they chose the stocks they do. Use https://etfdb.com/. to help understand what are in ETFs. and why. As well as provide useful data. on Returns, holdings, # of stocks, etc. There are so many etfs out there. Depends on how intimate you would like to get. Past performance does not indicate future results by any means. Finviz.com is also a good website to use as a beginner or veteran investor. Best, Adam
Senior Project Engineer at MNS Engineers | Civil PE (CA) | ASCE Champion
4 年Top investing tip: the Warren Buffett advice. Invest in an S&P 500 index ETF (examples are VOO, SPY, IVV) and don't even worry. This way you can diversify your investment with small dollars, play the long game, and enjoy your life!