What Investing $5 a Day Looks Like After 485 Days

Поделиться
HTML-код
  • Опубликовано: 11 сен 2024
  • Welcome to my "$5 a Day Investing Challenge" where I show you my journey investing in the S&P 500 and Ethereum every day for the past 485 days! In this video, I'll be sharing my results and insights into beginner investing strategies, focusing on the Vanguard S&P 500 ETF (VOO) and Ethereum cryptocurrency.
    STUFF I RECOMMEND!*
    Investing Apps and Tools:
    🤑 Robinhood App - Get A Free Share of Stock valued between $2.50 and $200 Just for Starting ► sweetlifesucces...
    💰 Seeking Alpha - get the best research tools to stay ahead in your stock and ETF research. Receive 50% off on a Premium Membership ► sweetlifesucces...
    💰 Track Your Dividends ► sweetlifesucce...
    Credit Cards & Credit Score:
    💳 Apply for an American Express Card with this link. We can both get rewarded if you're approved ► sweetlifesucces...
    If you're new to investing or just curious about how a consistent, daily investment approach can impact your wealth building, this video is for you. I'll take you through my decision to cut back on Starbucks expenses and instead invest in my future. This challenge is perfect for anyone interested in investing for beginners, wanting to learn about VOO, Ethereum, and how to get started with investing.
    In this video, we'll explore:
    How cutting back on small expenses can create big opportunities for investing.
    A comparison of my results investing in Ethereum and the S&P 500 stock market (VOO).
    The importance of a long-term investment mindset for wealth building.
    The role of dividends and compound interest in growing your investments.
    The journey started 485 days ago when I decided to invest $5 a day into both the S&P 500 stock market and Ethereum. I'll share my progress and the ups and downs of investing, as well as the potential benefits of this approach for beginner investors. I'll also discuss the importance of having a long-term perspective and how investing in a diverse range of assets can help protect against market volatility.
    Whether you're new to investing or just interested in learning more about the process, this video will give you valuable insights and tips to help you get started on your own investing journey. From understanding the basics of VOO and Ethereum to learning how to cut back on unnecessary expenses and create a solid foundation for future wealth, this video will provide the guidance you need to take control of your financial future.
    So, join me in this journey and let's learn together how to make the most of our money and build a secure financial future. Don't forget to like, comment, and subscribe for more updates on my investing challenge and other valuable content on personal finance and investing.
    #InvestingForBeginners #VOO #Ethereum #WealthBuilding
    *Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Комментарии • 72

  • @cayleecheer
    @cayleecheer Год назад +19

    This is Bob's world , we're just living in it 😩

  • @shortafewbolts
    @shortafewbolts Год назад +6

    I invested $1,000 and I’m Dian to $22.85 left. 😂😂😂😂😂

  • @jackiebiskan4748
    @jackiebiskan4748 Год назад +2

    so happy to see you keep this gonig

  • @HystoriaReiss
    @HystoriaReiss Год назад

    I checked your last video on this series yesterday, now you uppload the new one ! Feels good

  • @cryptoMississippi
    @cryptoMississippi Год назад +2

    Been watching your channel for some weeks now, appreciate the knowledge bro, you just motivated me on this one like frfr. 👍🏼 😎 💵 🏃

  • @nzuri115
    @nzuri115 Год назад +3

    Thank you soooooo much for sharing this info with us. I’m just now getting into this and you’re helping me a great deal.

  • @alangoode779
    @alangoode779 Год назад +2

    Keep these up man. So encouraging. 👍

  • @davidmatthews6646
    @davidmatthews6646 2 месяца назад

    Sure is 1 of the best ways to invest and it is always fun watching how you do. Buying all over the board works well. And reinvesting the dividend is good thing to do also.

  • @toddbarrera375
    @toddbarrera375 Год назад +4

    Since there are 250 trading days for the US Stock market you can invest $7.30 per market day to invest $1,825 for the year.

  • @BarbellFinancial
    @BarbellFinancial Год назад +3

    Just. Keep. Buying. Don’t wait to invest. Invest then wait.

  • @rssharma9
    @rssharma9 Год назад +5

    Actually you did very well with your investments. In a down market, one cannot expect positive returns doing what you did.

  • @elduderino6763
    @elduderino6763 Год назад

    Oh! That ending of the video was on point!

  • @michaelgardner5843
    @michaelgardner5843 Год назад +4

    Thanks! Can you please make a video of examples of 4 separate ETFs to buy that each one pays a monthly dividend, but with different Ex dividend dates so it would feel like you’re getting a weekly paycheck instead of waiting ALL MONTH for the next payment? Also incorporate your theory of waterfall investing into it if you can.

    • @michaelgardner5843
      @michaelgardner5843 Год назад +3

      I’d like to see monthly paying dividend stocks/ETFs that pay every month but 4 that pay individually each week of that monthly payout. I ETF/stock #1 pays the first week every month, ETF/stock #2 pays the second week of every month ETF/stock #3 on the third week and then #4 on the fourth week

  • @willwilliams198
    @willwilliams198 Год назад +3

    How much do you have to pay on taxes when you cash out that crypto/stock?

  • @pititflo1572
    @pititflo1572 Год назад +4

    Did he say, " 485 days a year.." at the 5:16 mark...?

  • @twotwosteele
    @twotwosteele Год назад

    Good like always

  • @barbaraperry2796
    @barbaraperry2796 Год назад

    I remember that first video. Very interesting! Thank you.

  • @soulseeker42388
    @soulseeker42388 Год назад

    One of the good things also about etheirum... is if you hold on coinbase. You can stake your etheirum. And gain interesting your total investment. (It does bounce around but currently averaging 4% apr)

  • @o7juan
    @o7juan Год назад

    Bobs thumbnail on this video reminds me of that BKNG option call I closed yesterday 🤣 +$4800

  • @RasmusMogensen-r4p
    @RasmusMogensen-r4p Год назад

    the camera quality is insane

  • @llew-AZ
    @llew-AZ Год назад +1

    Man that number is about how long the Ukraine war as been raging!

  • @HystoriaReiss
    @HystoriaReiss Год назад

    Cant wait for the next video , you are gonna do this updates 4 in 4 months right ? Or will you only do it yearly ?

  • @EndingEchoes93
    @EndingEchoes93 Год назад +4

    What up sharpies

    • @kathydoyle5134
      @kathydoyle5134 Год назад +2

      👋👋👋

    • @BobSharpe
      @BobSharpe  Год назад +2

      Hello!!!!

    • @EndingEchoes93
      @EndingEchoes93 Год назад

      Yo bob whatcha think about my cool new name? No longer am i that other guy who calls scammers and tries to get scammers to play minecraft. I'm doing it cause I'm b thinking about making some videos and dont wanna have personal info attached to it.

  • @illus1onPlays
    @illus1onPlays 3 месяца назад

    with the taxes and fees included, is it better to invest daily or weekly(or monthly) investing instead?

  • @shanediesel8756
    @shanediesel8756 Год назад

    i love this series

  • @scipsgaming20
    @scipsgaming20 Год назад

    Would really like to see your take on the stock ideanomics.

  • @foxinflight1972
    @foxinflight1972 Год назад

    Thank you for the inspiration to start my on 5.00 a day investment.

  • @vg6940
    @vg6940 Год назад +1

    Great video and the motivation. When you invest in a Roth IRA in Robinhood they match 1%. That's free money. I do $50 a month each in VOO, SCHD, and QQQM. This is my plan for the next 10 years.

    • @TheGoldenCapstone
      @TheGoldenCapstone Год назад

      You set up a Roth IRA through Robin Hood?

    • @rsabblut892
      @rsabblut892 Год назад

      I have both like you just not qqqm, how is it working out for you? I’m looking for a third etf to add on to voo, and schd

    • @vg6940
      @vg6940 Год назад

      @@rsabblut892 QQQM is great. When I first started investing in it, it was 110. It’s going up about $50 in less than a year or so.

  • @garyschmelzer
    @garyschmelzer Год назад

    If you would’ve done five dollars a day since the year 2014, you’ll be sitting pretty right now

  • @mkmavl9405
    @mkmavl9405 Год назад +1

    Bro think's a year has 485 days even in the title it is 485 days( sorry for my bad english😂)

  • @scottgrayson9668
    @scottgrayson9668 Год назад +1

    Nice thanks for info

  • @Maria-gj3nd
    @Maria-gj3nd 11 месяцев назад

    I'm going to try this method

  • @kemolegend907
    @kemolegend907 Год назад

    Wait why multiply it by the average cost of etherium and not the current price?

  • @nephewsque6751
    @nephewsque6751 10 месяцев назад +1

    $47.00 in over a year investment. Really not to good

    • @finaryloc6998
      @finaryloc6998 8 месяцев назад

      Doesn’t matter still can’t be a savings

  • @d-c-g6525
    @d-c-g6525 Год назад +2

    Love the content! What are your thoughts about buying shares of total market etf or mf and leaving to grow for a few years , then selling off to take the family to a bucket list vacation?

  • @jweezy5490
    @jweezy5490 Год назад +1

    Too bad you didn't buy Starbucks stock, you'd be up around 40% for a year

  • @kathydoyle5134
    @kathydoyle5134 Год назад

    Thank you for this. I think you’ll read this because I’m the first one on here.

  • @AceWitThaFace
    @AceWitThaFace 9 месяцев назад

    If you think you're addicted to Starbucks after one or two coffees, you have literally no idea what addiction actually is 😭

  • @jennh6982
    @jennh6982 Год назад

    What app do you use for crypto

  • @marywest3418
    @marywest3418 Год назад

    Very nice 👍❤️

  • @andrewtegala
    @andrewtegala Год назад

    Is there an equivalent platform in the UK that allows investing a set amount each day? Robin hood not available in UK currently.

    • @eliassmouni1245
      @eliassmouni1245 Год назад

      I use scalable capital in germany, might also work in the UK

  • @peacefulmind9436
    @peacefulmind9436 Год назад

    Other than webull and robinhood which is not available in our country. any other broker than you know of that's available in the Philippines?

  • @DafuckyallLookingAt
    @DafuckyallLookingAt Год назад

    Give me a billy,I will make it do what it do 🤷🏾‍♀️

  • @TheDanmit
    @TheDanmit Год назад

    Cryptocurrency is a highly speculative asset 🤨Not really an investment for wealth building

    • @adamali4948
      @adamali4948 Год назад

      Speculative if you have no clue what you’re doing. Can build a lot of wealth if you do your research properly

  • @bones6554
    @bones6554 Год назад

    Don't forget about taxes.

    • @yokingdk5139
      @yokingdk5139 Год назад

      You don’t pay tax if you hold it more than 1 year. Just like how this guy said he’s holding it till 10 years

    • @Dewzivert
      @Dewzivert 11 месяцев назад

      You still pay taxes after a year? After a year when you still its long term capital gains tax.@@yokingdk5139

  • @llew-AZ
    @llew-AZ Год назад

    Anheuser Busch will not like your take.... Lol

    • @robertswift6101
      @robertswift6101 Год назад

      i am buying when the bottom hits,,,they will be fine in the future,,,they are huge and will be around forever

  • @davidshaw5872
    @davidshaw5872 Год назад

    10 years is too long 😂😂😂 maybe 1 year or 2

  • @rootscapital3677
    @rootscapital3677 Год назад

    485 days a year??? 😅

  • @edwardloizides5415
    @edwardloizides5415 Год назад

    Waste of time

    • @BobSharpe
      @BobSharpe  Год назад +2

      Then don’t do it 😁

    • @adamali4948
      @adamali4948 Год назад +2

      Waste of time, stay poor then?