Cash App - Open an account using this link cash.app/app/XQNMKMQ. Once you do that you'll receive a free $5 when you send $5 to someone. My Cash Tag is $TheJarrad This is how you sell stocks on Cash App Investing: ruclips.net/video/9cFvgJWa108/видео.html Check Out My Recommendations (and help support the channel): 💰 M1 FINANCE - Invest In Fractional Shares For Free (where I invest my Roth IRA) m1finance.8bxp97.net/eX16D ---------- 🏠 FUNDRISE - Start Investing In Real Estate The Easy Way! (I have money invested here) bit.ly/FundriseJM ---------- 💎 WEBULL - Free Stock Investing Platform (Get 2 FREE stocks worth up to $1400 when you deposit $100 upon opening your account) bit.ly/WeBullJM ---------- 📈 BLOOOM - FREE 401k and IRA Fee Analyzer. Are your 401k and IRA fees too high? bit.ly/BloomJM ---------- 💵 ROBINHOOD - Free Investing Platform (FREE stock worth up to $200 when you open an account and fund it) robinhood.c3me6x.net/PoaWz
@@killilluminati321 "Unshakeable" by Tony Robbins or "A Simple Path To Wealth" by JL Collins. I'd suggest reading both at some point, but you can't go wrong starting out with either one.
@@JarradMorrow thanks I'm on it I really truly want to become and have the knowledge whether there mistakes or not cuz it's really only temporary failure till it come back high anything is good for me really knowledge is the key so I seek it what audio did you said u recommend even from you it good wise
@@JarradMorrow so if I buy a stock, one time only. How long do I keep it? And. Will the stock be good for the same day or the rest of the week? I am so new at this. I am trying to understand investing stock.
No. Cash App is for beginners. Once you have a basic understanding of investing I would highly recommend moving to a different platform. Specifically one that offers a Roth IRA.
@@ATLien_007 depends if the person thinks they have a understanding grasp of holding that comprehension to move on towards the next level step of investing.
I just double checked a few on my end and they’re moving up and down correctly. The price is always moving while the market is open so that could be why it might look a little off for a second?
Jarrad Morrow I appreciate you’re genuine response. The reason why we are asking is because this “corona” virus is making all the jobs pause well atleast in my area and I can’t depend on a job right now I have family to take care of so I gotta do what I gotta do and then go from there. Thanks again.
So I decided to start investing or like it caught my eye and everything seems overwhelming and like so much to learn tbh. I’m 19 and I do want to learn or get started soon but I feel like I don’t have what I need. What do I need or should have if I want to start investing before the year ends
I have some videos you should watch to get started with learning. First, watch this video where I break down the order of how you should be investing: ruclips.net/video/gEmtx8H-Cjo/видео.html Second, watch this video where I break down index fund investing. It's the investment that most people should be putting the majority of their money into: ruclips.net/video/lZthyEmk6xE/видео.html Third, if you want to see what I invest in then here's a video I made breaking down my portfolio for you: ruclips.net/video/hPBEvV4DMsU/видео.html Fourth, stay tuned because I have some more beginner videos coming out soon. i.e. What's the stock market? How does it work? What makes a stock price increase? What makes a stock price decrease? Feel free to ask any questions in the comments and I'll answer anything you want to know.
Hindsight is 20/20 when it comes to what the price it. I stand by my comment that putting your money into Bitcoin is still a speculative investment because it is. Mind you, I do hold speculative investments as a portion of my overall portfolio, but it's an extremely small % of it.
Yes and no. I still think it’s a highly speculative asset that’s nearly impossible to properly value. I started buying some in the beginning of 2020. Definitely don’t think large amounts should be purchased on Cash App because there’s no way to put it into cold storage at this time
@@JarradMorrow I see. Thank you for responding so soon. I’m still new to stock and crypto related stuff so I needed some basic rundowns. You are fantastic!
With Crypto you’re going to hear a ton of people pumping a lot of shit coins as you start to learn more. People promising 10x, 50x, 100x returns in a short period of time. Is it possible? Yes. Is it probable? No. While I’m optimistic about the future of some crypto currencies, there’s a lot of grifters out there trying to take advantage of you as someone who is new to this space. If you’re new to the whole crypto scene then start with the two most well known- Bitcoin and Ethereum (possibly Solana). They’re not super sexy and you might not double or triple your money in a short period of time, but it’s going to start you down the process of learning. The best way to learn more about anything is to actually get involved. Buy a little bit of each (amounts you’re willing to lose) and educate yourself on what each one actually does (the use case). If all of my crypto went to 0 then it wouldn’t ruin my life. Don’t bet more than you’re willing to lose in that space.
When it comes to stocks- start with basic index funds. Think of them like your foundation. The majority of your portfolio should be made up of them. From there you can allocate some % of money towards individual stocks if you’d like. Psychologically I don’t do well buying individual stocks so 99.9% of my money invested in the stock market is in low cost index funds like VTI and VOO. I have all kinds of videos on index funds so feel free to search my channel for them, ask any questions in the comments, and I’ll do my best to get you an answer.
@@JarradMorrow Again thank you very much! I’ll take note and work forward cautiously and smartly while also taking risks that won’t really hurt me if they fail. Thank you and I hope whatever you’ve got going for yourself right now only gets better!
Hey! I just bought $1 of Tesla, and $10 into Rocket Companies, But the problem is that every time it says it’s gonna buy the stock, the date changes. Why is that?
Depends on the individual stock and how you think it should be valued based on its financials and a lot of other things. If we’re talking about index fund based ETFs then buy no matter what the price is and hold for 30+ years
@@JarradMorrow thanks for that quick reply I just became subscribers..like I stated earlier I'm new to this and just bought less than $10 of gm stocks although its down to testing..heard someone say its about to jump
Haha the only reason is because I'm having to constantly delete and block them. This video probably gets at least 50-75 (not exaggerating) of them every week. Those scammers really like targeting the people trying to use Cash App.
Ideally, you’d want to try to start investing in a tax advantaged account like a Roth IRA before putting $ into a taxable brokerage account (like Cash App). Unfortunately Cash App Invest doesn’t offer a Roth IRA. For a Roth IRA you can use Vanguard, Fidelity, or M1 Finance. I personally prefer M1 Finance because the user interface is better. Here's a tutorial video I made for M1 Finance if you're interested ruclips.net/video/kEOS-w21U3c/видео.html
How would I buy an entire share? Just manually entire the share worth ? What I’m confused about is why people get excited over share splits and the ability to invest at cheaper rates when this whole time you can invest as little as 1 dollar and you don’t really have to wait for you to get enough money to buy an entire share.
I have $4000 in cashapp stocks and love cashapp stocks but is it possible to transfer my stocks to Robinhood or Webull because I like keeping track of all my investments and got $30000 invested on robinhood
i invest in the oil and gas industry at this point of it being on the low side. $4.50 once you invest in it leave it alone and when a oil boom strikes like we got last time i seen those shares up to $2.350 a share.
Yes, you can transfer money from your Cash App invest account to another brokerage. One thing to be aware of is that wherever you're transferring to will sometimes charge a $75 fee so it's not going to be financially worth it unless you're transferring stocks worth enough to make financial sense.
No, can only lose the amount you invest. Also, you only lose money when you sell so don't just sell because the price is down. Hold onto it until the price hopefully goes back up.
I have a question I just bought a dollar share and Apple and since it was my first time cash app put in five so altogether I got six what’s the good strategy right now then they’re low do I just hang in there until it gets higher what do I do? And is it the more money you put in the more you get back?
It all depends on your investing strategy. I'm personally a buy and hold investor so I plan to hold onto the stock I purchase for 10+ years. I invest 90% of my money into index funds like VTI. If you want to learn more about index fund investing then I made a whole video breaking it down for you: ruclips.net/video/lZthyEmk6xE/видео.html
Does my stock follow me say to like other apps is it connected to me or is it just on this app could I buy stock on here and go someplace else and bring up my stocks I own
My question is how do you report your earnings from cash app at the end of the year. Don't want the IRS looking for me during tax time because I didn't kno. Thanks
Yo I know this video is soooo old but it's the first video I've seen of your and probably won't get read but hey dude your awesome looking threw your comment you hearted everyone of em/read everyone of em your awesome much love
Appreciate it. I’ve tried my best to get to as many of the comments on this video as I can. I can tell that there’s a lot of beginners using the Cash App investing platform so I think it’s extra important for me to help them all out and guide them in the right direction when it comes to investing.
Hey love to see you relying! Hope I can jump on the band wagon. When is it a good time to sell a stock and make the most profit off the sale? I understand that could be a rough question.
It is a tough question...especially when we're talking about individual stocks. I honestly don't have an answer other than sell it when you're ready. I'm personally an index fund investor with 95% of my money in that equity. My answer to people who own that type of investment is to hold it until when you need to live off the money (in retirement). I'm a buy and hold investor so the longer the better.
if yours says “scheduled for 9:30 AM,” and the stock goes up before then, are you locked into that price you put the money in for? I’m hella new to this.
1. Max out your tax advantage investment accounts (401k, IRA, HSA) before putting money into your taxable investment accounts. 2. The majority of your overall money should be made up of low cost index funds and not single stocks. 3. Investing is a long term game (5+ years) so don't look at it as a way to make some quick cash. 4. Invest often. The key to consistent growth is to consistently invest no matter what the market is doing. Here's a video where I show my investment accounts to give you an idea of what I'm doing if that helps: ruclips.net/video/hPBEvV4DMsU/видео.html
I made a video to explain #1 more in detail here: ruclips.net/video/gEmtx8H-Cjo/видео.html I also made a video to explain #2 in more detail here: ruclips.net/video/lZthyEmk6xE/видео.html
The same way you purchase any of their stock on Cash App. You’ll just need to spend the time doing proper research on which stocks make sense for you to buy
Thanks man for this video, you say we contact a financial advisor for guide you know any ? I have come across one but lost the contact, I want to invest like you said
I don't have any specific ones to suggest, but I do recommend only working with a FIDUCIARY financial advisor. If they're not a fiduciary then avoid that person at all costs because they're going to cost you hundreds of thousands of dollars over your investing lifetime. They try to sell you on a super low fee of 1%, but over your investment lifetime that 1% fee will cost you over $500,000. Only work with a FIDUCIARY because they're legally obligated to advise you based on what is in your best interest.
That's not for me to determine for you. You'll have to evaluate the stock on your own based on your personal investing guidelines. To prevent myself from having to do this with individual stocks I just purchase an index fund ETF like VTI. With that you're investing money into around 3,600 different companies.
I’m new to investing. I didn’t invest a lot into my stocks. Should I add more money to my investments each week? Or should I invest in more stocks? I I bought three stocks this week.
Thank you for this video! I’m brand new to investing, I signed up for Robinhood thru your referral. I need to know everything there is to know about investing now! Please keep the videos coming! 🙏🏻
Great Video! A friend told me about this investment tool. I've maxed out my current retirement fund so I was looking for another way to invest. I'm going to give this a try.
Will cash app ever take fees out of ur bank account automatically? I ask this because I have some add cash app uneven $ amounts example 74.18 . Working through Covid and starting to trade, then some transactions are a fog to me
@@JarradMorrow I never file taxes cuz I’m unemployed but I spent 6$ on stocks last year on cash app and I lost 8 cents I got a email fron them about a 1099-b form do u know if I gotta file that now? Or they not tripping off 8 cents? Lol
I'm not an accountant and I don't know your situation so I have no idea. The one group I don't mess around with is the IRS so I'd look into it if I were you.
I don’t think you’ve really explained anything about buying stocks... I’m still confused. I want to buy stocks. But in my part besides buying it. Do I have to do anything else? Or is stocks mainly just money coming to me when the company makes money? Do I have to sell anything the business sells? Or just make sure the money does up. I am in a wheelchair and I need money somehow
Your video was informative using verbiage that was easy to understand. You demonstrated how to buy stocks with CashApp but forgot to show how to sell. How to sell stocks on CashApp is what I was looking for. Pls do another video with that feature. Thxs.
You can make money in two ways: 1.When the selling price is higher than your purchase price and 2. Through dividend distributions (if the company pays out a dividend).
You can’t take on debt unless you invest with what’s called “leverage”. 99% of people should not be investing with leverage. One way to mitigate losing money is by planning on buying and holding what you invest in for at least 5 years. If you’re not willing to do that and you plan on doing more short term trading then your odds of losing money will go up.
So I’ve done what you did in this video you bought the 1 dollar investment on amazon so I did the same now on Monday in the morning it’s scedulded but now let’s say on Monday what will happen ? Im new to investing and I’m just wondering after I pay the dollar what happened I’m clueless about this stuff
When you sell a stock do you pay taxes only when you make a profit or do you need to pay on losses also? And do you need to pay on taxes on stocks that you have?
Good question. You do pay taxes on your profits and you do not pay taxes on the stocks you currently hold until you sell them for a profit. When you sell a stock at a loss you do not pay taxes. This is considered a "capital loss" and will reduce your tax bill. There are high-level strategies some investors use where towards the end of the year they sell some of their stocks for a profit (capital gain) then sell some of their losing stocks for a loss (capital loss) to reduce their overall tax bill and get themselves out of those losing stocks so they can move the money into another investment.
@@JarradMorrow ok thanks if I put in one dollar is it possible for me to lose more than one dollar? And if I lose more money will it charge my bank account?
I can only lose money if I sell lower than my initial buy correct? But i can hold for as long as I want at least until the company goes under? I'm pretty much asking if I should expect to lose money randomly? Pretty cool app though still confusing for me but far more understandable than anything else I've researched
There's a level of risk with anything you invest in so there's always the potential you can lose money. There's also potential you could gain money as well. What determines that is what you invest in. I personally prefer low cost total stock market index funds for this sort of thing.
Aye man idk what im doing to be honest im just thinking of putting money in like tesla,apple, kroger etc i got $ set aside on cash app i just started thinking about stock/investing... is this the right way to start off?? Help
No, start with a low cost ETF like VTI or VOO. Buy individual stocks once you understand that type of investing better. I have all kinds of ETF videos so just search my past videos for them
Justmylukc Hi, I know you referred your question to Jarred but I know a little about a HSA account. I have one through my job & I would recommend it to anyone who has a medical condition that they see a physician for regularly or looking to get orthodontic work done. It prevents you from Spending large amounts of $ out of pocket.
@@JarradMorrow you are welcome my numbers were in the - before your videos, I starting selling couple stocks that have provided no return for months , piece by piece. I am getting my$back at the least. FYI McDonald’s pay divides. . Keeping my buying low . Unless I got heart& info in the company. I buy ones , company will go back up. Internationally trading ? Thoughts 💭
I have been investing in stocks on cashapp, first time investing in any kind of stocks. I was wondering if I end up with so much money invested in cashapp stocks and for some reason the app stops the investing option how would I carry over my investments? Or is there another way to keep track of my investments if cashapp shuts it down?
If they ever happen to shut down then they'll allow you to roll it over to another brokerage. The investment industry is highly regulated so I wouldn't be too concerned about this.
I only buy index funds (or the ETF versions of the index funds). I've never sold any of them in my life. I plan on holding until I retire in 25+ years. Here's a video I made on exactly how to sell on Cash App ruclips.net/video/9cFvgJWa108/видео.html
Cash App - Open an account using this link cash.app/app/XQNMKMQ. Once you do that you'll receive a free $5 when you send $5 to someone.
My Cash Tag is $TheJarrad
This is how you sell stocks on Cash App Investing: ruclips.net/video/9cFvgJWa108/видео.html
Check Out My Recommendations (and help support the channel):
💰 M1 FINANCE - Invest In Fractional Shares For Free (where I invest my Roth IRA)
m1finance.8bxp97.net/eX16D
----------
🏠 FUNDRISE - Start Investing In Real Estate The Easy Way! (I have money invested here)
bit.ly/FundriseJM
----------
💎 WEBULL - Free Stock Investing Platform (Get 2 FREE stocks worth up to $1400 when you deposit $100 upon opening your account)
bit.ly/WeBullJM
----------
📈 BLOOOM - FREE 401k and IRA Fee Analyzer. Are your 401k and IRA fees too high?
bit.ly/BloomJM
----------
💵 ROBINHOOD - Free Investing Platform (FREE stock worth up to $200 when you open an account and fund it)
robinhood.c3me6x.net/PoaWz
Can you plz recommend me a book to gain more knowledge about the basics of trading and investment
@@killilluminati321 "Unshakeable" by Tony Robbins or "A Simple Path To Wealth" by JL Collins. I'd suggest reading both at some point, but you can't go wrong starting out with either one.
@@JarradMorrow thanks I'm on it I really truly want to become and have the knowledge whether there mistakes or not cuz it's really only temporary failure till it come back high anything is good for me really knowledge is the key so I seek it what audio did you said u recommend even from you it good wise
Yo ?
@Jarrad Morrow
I wish someone could explain it like they’re explaining it to a ten year old lol.
What questions do you have?
Jarrad Morrow EVERYTHING
I be saying the same thing 😂😂😂
Whats the point of doing this? How does this work?
@@JarradMorrow so if I buy a stock, one time only. How long do I keep it? And. Will the stock be good for the same day or the rest of the week?
I am so new at this. I am trying to understand investing stock.
A year later and it still helped me thank you , no bullshit guide to investing 🤣
Nice!
How long did it take to verify you? It doesn’t tell me
@@anthonythomas2990 only took a few business days base it off robinhood 3-5 day business verification progress its basically the same
After a year would you still advise I invest with Cash app ?
No. Cash App is for beginners. Once you have a basic understanding of investing I would highly recommend moving to a different platform. Specifically one that offers a Roth IRA.
@@JarradMorrow thanks I’m thinking of investing
@@JarradMorrow fidelity?
@@JarradMorrow how long do you suggest trading on cash app to have a good understanding investing?
@@ATLien_007 depends if the person thinks they have a understanding grasp of holding that comprehension to move on towards the next level step of investing.
One star the apps Robinhood and WeBull. You can still buy these stocks(GME AMC )on E*TRADE and CASHAPP . They halted the buying of these stocks
👍
Very simple, and no fees at all except Bitcoin
For sure!
Whats the word on etf accounts? Are they worth spending on? And why?
Absolutely! I made a video breaking down index funds here: ruclips.net/video/lZthyEmk6xE/видео.html
Hopefully you'll see this but I'm wondering why some of the stock prices on Cashapp is different than the actual market price??
I just double checked a few on my end and they’re moving up and down correctly. The price is always moving while the market is open so that could be why it might look a little off for a second?
Stocks move up and down constantly, in seconds.
When the stocks doing good and you start to profit, how do you cash in? Can you please show us that
Most people shouldn't be selling their investments until they need the money in retirement.
😂 okay
Amusis exactly why won’t he answer the question properly
Here's a video I made on how to sell your stocks: ruclips.net/video/9cFvgJWa108/видео.html
Jarrad Morrow I appreciate you’re genuine response. The reason why we are asking is because this “corona” virus is making all the jobs pause well atleast in my area and I can’t depend on a job right now I have family to take care of so I gotta do what I gotta do and then go from there. Thanks again.
So I decided to start investing or like it caught my eye and everything seems overwhelming and like so much to learn tbh. I’m 19 and I do want to learn or get started soon but I feel like I don’t have what I need. What do I need or should have if I want to start investing before the year ends
I have some videos you should watch to get started with learning.
First, watch this video where I break down the order of how you should be investing: ruclips.net/video/gEmtx8H-Cjo/видео.html
Second, watch this video where I break down index fund investing. It's the investment that most people should be putting the majority of their money into: ruclips.net/video/lZthyEmk6xE/видео.html
Third, if you want to see what I invest in then here's a video I made breaking down my portfolio for you: ruclips.net/video/hPBEvV4DMsU/видео.html
Fourth, stay tuned because I have some more beginner videos coming out soon. i.e. What's the stock market? How does it work? What makes a stock price increase? What makes a stock price decrease?
Feel free to ask any questions in the comments and I'll answer anything you want to know.
Bitcoin was 7k when he did this. It’s 30k today. Haha
It's wild.
Never say you're not intrested in business, thats what you get😆
According to my calculation your $5 would have been $203 today. 1/5/21
Which business did I say I wasn't interested in?
Hindsight is 20/20 when it comes to what the price it. I stand by my comment that putting your money into Bitcoin is still a speculative investment because it is. Mind you, I do hold speculative investments as a portion of my overall portfolio, but it's an extremely small % of it.
I don’t know if you’ll see this but I wanted to ask if your opinion on bitcoin has changed over the almost two-year time span since this video?
Yes and no. I still think it’s a highly speculative asset that’s nearly impossible to properly value. I started buying some in the beginning of 2020. Definitely don’t think large amounts should be purchased on Cash App because there’s no way to put it into cold storage at this time
@@JarradMorrow I see. Thank you for responding so soon. I’m still new to stock and crypto related stuff so I needed some basic rundowns. You are fantastic!
With Crypto you’re going to hear a ton of people pumping a lot of shit coins as you start to learn more. People promising 10x, 50x, 100x returns in a short period of time. Is it possible? Yes. Is it probable? No. While I’m optimistic about the future of some crypto currencies, there’s a lot of grifters out there trying to take advantage of you as someone who is new to this space.
If you’re new to the whole crypto scene then start with the two most well known- Bitcoin and Ethereum (possibly Solana). They’re not super sexy and you might not double or triple your money in a short period of time, but it’s going to start you down the process of learning. The best way to learn more about anything is to actually get involved. Buy a little bit of each (amounts you’re willing to lose) and educate yourself on what each one actually does (the use case).
If all of my crypto went to 0 then it wouldn’t ruin my life. Don’t bet more than you’re willing to lose in that space.
When it comes to stocks- start with basic index funds. Think of them like your foundation. The majority of your portfolio should be made up of them. From there you can allocate some % of money towards individual stocks if you’d like.
Psychologically I don’t do well buying individual stocks so 99.9% of my money invested in the stock market is in low cost index funds like VTI and VOO. I have all kinds of videos on index funds so feel free to search my channel for them, ask any questions in the comments, and I’ll do my best to get you an answer.
@@JarradMorrow Again thank you very much! I’ll take note and work forward cautiously and smartly while also taking risks that won’t really hurt me if they fail. Thank you and I hope whatever you’ve got going for yourself right now only gets better!
Hey! I just bought $1 of Tesla, and $10 into Rocket Companies, But the problem is that every time it says it’s gonna buy the stock, the date changes. Why is that?
If you placed the trade outside of when the stock market would open then that could be why.
Hello, in which companies do you recommend investing??? How do you know how much money you are gonna make when you invest???
I don’t. I only invest in low cost total market ETF and index funds
Once I put 5$ into it what do I do next ? Just wait or ?
Just wait. Let it sit for 20 years so it can grow.
Hey a beginner here.is it best to buy stock on cash app when it's done or up
Depends on the individual stock and how you think it should be valued based on its financials and a lot of other things. If we’re talking about index fund based ETFs then buy no matter what the price is and hold for 30+ years
@@JarradMorrow thanks for that quick reply I just became subscribers..like I stated earlier I'm new to this and just bought less than $10 of gm stocks although its down to testing..heard someone say its about to jump
At last found a video with no bot comments. 😂
Haha the only reason is because I'm having to constantly delete and block them. This video probably gets at least 50-75 (not exaggerating) of them every week. Those scammers really like targeting the people trying to use Cash App.
@@JarradMorrow Wow, nice to know.
What app should I use after this app
Ideally, you’d want to try to start investing in a tax advantaged account like a Roth IRA before putting $ into a taxable brokerage account (like Cash App). Unfortunately Cash App Invest doesn’t offer a Roth IRA. For a Roth IRA you can use Vanguard, Fidelity, or M1 Finance. I personally prefer M1 Finance because the user interface is better. Here's a tutorial video I made for M1 Finance if you're interested ruclips.net/video/kEOS-w21U3c/видео.html
How would I buy an entire share? Just manually entire the share worth ? What I’m confused about is why people get excited over share splits and the ability to invest at cheaper rates when this whole time you can invest as little as 1 dollar and you don’t really have to wait for you to get enough money to buy an entire share.
That’s correct.
I have $4000 in cashapp stocks and love cashapp stocks but is it possible to transfer my stocks to Robinhood or Webull because I like keeping track of all my investments and got $30000 invested on robinhood
For how long have you been investing in cashcps If I may ask?
Henry Eddi December of 2019 but I put in most of my money when the stock market crashed
@@NFLYoungBoy223 Can you please Tell me the companies you bought the stocks from. I want to buy The stock as well, but I was afraid of my money.
Henry Eddi I can text you screenshots of my stocks what’s your number?
@@NFLYoungBoy223 Hope you got the number bro?
Whos buying Amc tomorrow??
Nope
@@JarradMorrow why not?
At this point it’s a little too risky for my personal investing style so I’m staying away.
@@JarradMorrow what stocks are good to invest in sir. I respect your sucess
I personally stick to low cost index funds like VTI and VOO
Other than the money you put in can you loose money from you cash app?
You won't lose money from Cash App the company, but you could lose money if the investment you own goes down in value and you sell when it's down.
i invest in the oil and gas industry at this point of it being on the low side. $4.50 once you invest in it leave it alone and when a oil boom strikes like we got last time i seen those shares up to $2.350 a share.
Past performance is no indication of future results. I’d be careful with assuming that sort of thing when purchasing individual stocks. Not smart.
Can I transfer my cashapp stick to a different platform??
Yes, you can transfer money from your Cash App invest account to another brokerage. One thing to be aware of is that wherever you're transferring to will sometimes charge a $75 fee so it's not going to be financially worth it unless you're transferring stocks worth enough to make financial sense.
if you buy stock in cash app when the stock value goes down do it take money out of your account?
No, can only lose the amount you invest. Also, you only lose money when you sell so don't just sell because the price is down. Hold onto it until the price hopefully goes back up.
Does Cash app let you buy whole stock or just fractional?
Both
Thank you for the tutorial. I like how you kept it plain and simple
You’re welcome. Thank you for the feedback.
Thank you so much for this video.
@@clarissaturner4100 did he explain how to sell stocks?
I feel like I missed that part.
When u buy stocks for ur first time do u have to do a 6 hr class to get ur money asking for a friend???
What are the risks of investing on cash app??
The same as any other investment platform. It’s not necessarily the platform that’s risky, it’s what you’re investing in.
I just got cash app card yesterday so if I send you 5 bucks you will send it back?
Yes. I've done this a few times per week for people since this video was released.
@@JarradMorrow can I send it now ? And I need help
Sure
I have a question I just bought a dollar share and Apple and since it was my first time cash app put in five so altogether I got six what’s the good strategy right now then they’re low do I just hang in there until it gets higher what do I do? And is it the more money you put in the more you get back?
It all depends on your investing strategy. I'm personally a buy and hold investor so I plan to hold onto the stock I purchase for 10+ years. I invest 90% of my money into index funds like VTI. If you want to learn more about index
fund investing then I made a whole video breaking it down for you: ruclips.net/video/lZthyEmk6xE/видео.html
thank you for doing the bonus sending thing. I appreciate it
No problem! Were you one of the people I did it for today?
I got a question for you
When you sell a stock on cash app, how many business days is it?
Does my stock follow me say to like other apps is it connected to me or is it just on this app could I buy stock on here and go someplace else and bring up my stocks I own
Negative. They stay on the investment app you purchase them on. You can transfer them to another app if you want though.
What apps do you recommend to invest?
My question is how do you report your earnings from cash app at the end of the year. Don't want the IRS looking for me during tax time because I didn't kno. Thanks
They'll send you a statement.
@@JarradMorrow you telling me I have to report the $3 earnings I made last year? 😂
Gabmax101 its probably like 3000 now
@@gabmax1013 it won't be bad .. don't worry.
@@foursaintswax3735 like literally my Robin Hood statement says $3.73. Lol
How can you get the money you gain
Sell whichever stocks you purchased
Yo I know this video is soooo old but it's the first video I've seen of your and probably won't get read but hey dude your awesome looking threw your comment you hearted everyone of em/read everyone of em your awesome much love
Appreciate it. I’ve tried my best to get to as many of the comments on this video as I can. I can tell that there’s a lot of beginners using the Cash App investing platform so I think it’s extra important for me to help them all out and guide them in the right direction when it comes to investing.
How long did it take for you to get verified by cashapp so you could invest?
I got approved within 2 days
@@JarradMorrow thank you
Now you can’t move forward with out give them your employer
Correct
Say your a student
@@angelgirldebbiejo Great idea
Why do they need to know that!? I didn’t want to enter my job name but I did anyway.
After buying the stock how soon will I see growth or profit?
Impossible to predict in the short term
Hey love to see you relying! Hope I can jump on the band wagon. When is it a good time to sell a stock and make the most profit off the sale? I understand that could be a rough question.
It is a tough question...especially when we're talking about individual stocks. I honestly don't have an answer other than sell it when you're ready.
I'm personally an index fund investor with 95% of my money in that equity. My answer to people who own that type of investment is to hold it until when you need to live off the money (in retirement). I'm a buy and hold investor so the longer the better.
@@JarradMorrow do you invest in crypto now?
if yours says “scheduled for 9:30 AM,” and the stock goes up before then, are you locked into that price you put the money in for? I’m hella new to this.
No. Happened to me. Had to pay the price it was when it processed
No. Since there's "pre-market" trading the price will most likely change by the time the market opens at 9:30.
is the app only available for iphone and not in android?
It’s on Android as well as IOS
i have a android and i have cashapp
Thanks for confirming
You can only buy stocks on the cashapp, what would be a good app to for calls?
Probably something like Fidelity, TD Ameritrade, Charles Schwab, or Robinhood
I’m a new investor.. have a little understanding of all this.. what would be your advice for me sir
1. Max out your tax advantage investment accounts (401k, IRA, HSA) before putting money into your taxable investment accounts.
2. The majority of your overall money should be made up of low cost index funds and not single stocks.
3. Investing is a long term game (5+ years) so don't look at it as a way to make some quick cash.
4. Invest often. The key to consistent growth is to consistently invest no matter what the market is doing.
Here's a video where I show my investment accounts to give you an idea of what I'm doing if that helps: ruclips.net/video/hPBEvV4DMsU/видео.html
@@JarradMorrow what exactly do you mean on 1&2 of your advice
I made a video to explain #1 more in detail here: ruclips.net/video/gEmtx8H-Cjo/видео.html
I also made a video to explain #2 in more detail here: ruclips.net/video/lZthyEmk6xE/видео.html
New to investing .do we paid back to tax or claim? .
Paid what back to tax?
If you buy a stock with dividends does it deposit into your cashapp?
Yes
How you buy stock with dividends ?
The same way you purchase any of their stock on Cash App. You’ll just need to spend the time doing proper research on which stocks make sense for you to buy
Thank you
So the approx share price is the how much the your stick is worth?
I have no idea what you're asking 😂
Thanks man for this video, you say we contact a financial advisor for guide you know any ? I have come across one but lost the contact, I want to invest like you said
I don't have any specific ones to suggest, but I do recommend only working with a FIDUCIARY financial advisor. If they're not a fiduciary then avoid that person at all costs because they're going to cost you hundreds of thousands of dollars over your investing lifetime. They try to sell you on a super low fee of 1%, but over your investment lifetime that 1% fee will cost you over $500,000. Only work with a FIDUCIARY because they're legally obligated to advise you based on what is in your best interest.
@@JarradMorrow thanks for the reply I had this question in mind too
@@JarradMorrow Thanks your reply will help in my search
Is it smart investing on Walmart ?
That's not for me to determine for you. You'll have to evaluate the stock on your own based on your personal investing guidelines. To prevent myself from having to do this with individual stocks I just purchase an index fund ETF like VTI. With that you're investing money into around 3,600 different companies.
I’m new to investing. I didn’t invest a lot into my stocks. Should I add more money to my investments each week? Or should I invest in more stocks? I I bought three stocks this week.
It all depends on your preference. If you purchase an index fund like VTI or VOO then you're automatically investing in hundreds of companies.
So i bought a 5$ stock of sony .. please tell me how do i sell it for money eventually ?? Or what can i do with it . Too make money
Here's a video I made on how to sell your stock on Cash App: ruclips.net/video/9cFvgJWa108/видео.html
how do i get money from the app to my bank acc ?
You'll need to link your bank account within the app then transfer the money to there.
So they give you money on your cash app ? If you invest into the business?
Thank you for this video! I’m brand new to investing, I signed up for Robinhood thru your referral. I need to know everything there is to know about investing now! Please keep the videos coming! 🙏🏻
Thank you! I will!
They just started offering fractional shares.
What do you get if you put in 1 dollar ?
Depends on what you invest in and how it grows over time.
oof that 7k bitcoin price, looks at current $30k - $40k range.
👍🏻
60K*
@@TCC1997 67k
If I invest is it possible to lose more than i put in?
As long as you're not using leverage (which 99% of people shouldn't be) then you can't lost more than you put in
You don't have to have it in your cash app to buy stocks...if it's connected to your bank account it just pulls it from there.
Thanks!
If you're already invested in IRA....can you still go at it alone and invest in specific stock through cash app?? Thank you for this video as well!
Great Video! A friend told me about this investment tool. I've maxed out my current retirement fund so I was looking for another way to invest. I'm going to give this a try.
Glad it was helpful!
Do we have to pay to FOLLOW... the companies
No, following companies doesn't cost money.
So do u just wait to get ur money
If you sell when your investments are up then the money will be deposited into your Cash App account
Will cash app ever take fees out of ur bank account automatically? I ask this because I have some add cash app uneven $ amounts example 74.18 . Working through Covid and starting to trade, then some transactions are a fog to me
No, I'm not aware of them taking fees for that.
Does buying stocks on here turn your cash app account into a business account?
No
@@JarradMorrow thank u
@@JarradMorrow I never file taxes cuz I’m unemployed but I spent 6$ on stocks last year on cash app and I lost 8 cents I got a email fron them about a 1099-b form do u know if I gotta file that now? Or they not tripping off 8 cents? Lol
Also I spent 5$ on Bitcoin and made 25 cents do I have to report that?
I'm not an accountant and I don't know your situation so I have no idea. The one group I don't mess around with is the IRS so I'd look into it if I were you.
Do you have any websites you can recommend to follow stocks?
For the ones I own I’ll follow them through the investment brokerage app I use and I also just read the news on a ton of different websites.
What if yu don’t have the stock option
I have looked through everything you wrote as well as watched clip a bunch of times. What is your referral code. I can't freaking find it.
All you have to do is use this link bit.ly/CashAppJM
How much money do u get when u sell it?
When you sell what?
I don’t think you’ve really explained anything about buying stocks...
I’m still confused. I want to buy stocks. But in my part besides buying it. Do I have to do anything else? Or is stocks mainly just money coming to me when the company makes money?
Do I have to sell anything the business sells? Or just make sure the money does up. I am in a wheelchair and I need money somehow
I explained what the title says- how to buy and sell stocks on cash app.
Jarrad Morrow still a bit confusing to me. New to this
Okay so when you wanna sell the app and wanna know what you made then what do you do?
Your video was informative using verbiage that was easy to understand. You demonstrated how to buy stocks with CashApp but forgot to show how to sell. How to sell stocks on CashApp is what I was looking for. Pls do another video with that feature.
Thxs.
This is how you sell a stock on Cash App Investing: ruclips.net/video/9cFvgJWa108/видео.html
I have a question, is cash app a good app to use to buy stocks. Please I need help I'm a beginner at this
Yes, it's a good app for beginners.
Looks like it was your fist time too!!
Yes. I put this video out when it was first released.
So you will get money back when you invest into these companies?
You can make money in two ways: 1.When the selling price is higher than your purchase price and 2. Through dividend distributions (if the company pays out a dividend).
I purchased cocoa cola, pepsi Nike,McDonald,Six Flags& waste Management off cash App. It's doing pretty good so far
Nice!
@@JarradMorrow .. Thank you
Do u get doubled your money?
I purchased 10$ worth of stock from both Apple and tesla do you think that was the right move
Depends on a lot of different factors.
"One Dowler"
One
😂😂😂😂
How do you get money after putting it in?
If the stocks you invest in go up in value then you make money if you sell.
@@JarradMorrow does it automatically go into your cashapp?
Once you sell a stock the money goes directly into your Cash App account to use.
So how do you get your money back once you decide to sell? Does it go back thru cash app or check ?
It goes into your cash app account then you send it to your bank account
Great
Luckily it’s pretty simple
can you go in debt i wanna invest but that’s the only thing i’m scared of or just losing a lot of money
You can’t take on debt unless you invest with what’s called “leverage”. 99% of people should not be investing with leverage. One way to mitigate losing money is by planning on buying and holding what you invest in for at least 5 years. If you’re not willing to do that and you plan on doing more short term trading then your odds of losing money will go up.
Man... when he showed bit coin on this video it was only worth 7k now it’s worth over 40k today.... 😵💀
I know, it's wild!
when i first thought about getting into crypto currencies it was $600
👍
51k now
60k now almost
Does cash app have a buying power limit for a day?
When you sell your share and get the total proceeds, do you as well get the new approx share price that it shows?
Yes
How long can I hold on to my stock???
So I’ve done what you did in this video you bought the 1 dollar investment on amazon so I did the same now on Monday in the morning it’s scedulded but now let’s say on Monday what will happen ? Im new to investing and I’m just wondering after I pay the dollar what happened I’m clueless about this stuff
Good question. Since you placed a trade while the markets are closed it won't go through until they open again Monday morning.
What happens when you get the stock?
You own a piece of the company.
@@JarradMorrow ah ok
@@JarradMorrow I invested and some stocks suck
When you sell a stock do you pay taxes only when you make a profit or do you need to pay on losses also? And do you need to pay on taxes on stocks that you have?
Good question. You do pay taxes on your profits and you do not pay taxes on the stocks you currently hold until you sell them for a profit.
When you sell a stock at a loss you do not pay taxes. This is considered a "capital loss" and will reduce your tax bill. There are high-level strategies some investors use where towards the end of the year they sell some of their stocks for a profit (capital gain) then sell some of their losing stocks for a loss (capital loss) to reduce their overall tax bill and get themselves out of those losing stocks so they can move the money into another investment.
Is it is it a one time charge? Or will I get charged monthly?
They don't charge a monthly fee.
@@JarradMorrow ok thanks if I put in one dollar is it possible for me to lose more than one dollar? And if I lose more money will it charge my bank account?
No, it’s not possible for you to lose more than you put in unless you’re trading ok margin which Cash App doesn’t allow.
It's similar to Stash app it's very user friendly
Stash is a lot more expensive than Cash App
I’m 17 and interested but I don’t know what I’m doing where should I start
I can only lose money if I sell lower than my initial buy correct? But i can hold for as long as I want at least until the company goes under? I'm pretty much asking if I should expect to lose money randomly? Pretty cool app though still confusing for me but far more understandable than anything else I've researched
There's a level of risk with anything you invest in so there's always the potential you can lose money. There's also potential you could gain money as well. What determines that is what you invest in. I personally prefer low cost total stock market index funds for this sort of thing.
Aye man idk what im doing to be honest im just thinking of putting money in like tesla,apple, kroger etc i got $ set aside on cash app i just started thinking about stock/investing... is this the right way to start off?? Help
I wanna be able to learn to make more $ with cash app and get a feel of this im a beginner
No, start with a low cost ETF like VTI or VOO. Buy individual stocks once you understand that type of investing better. I have all kinds of ETF videos so just search my past videos for them
@@JarradMorrow your the GOAT
Who would you recommend for an HSA account ?
I'm most familiar with Lively and Health Equity.
Justmylukc Hi, I know you referred your question to Jarred but I know a little about a HSA account. I have one through my job & I would recommend it to anyone who has a medical condition that they see a physician for regularly or looking to get orthodontic work done. It prevents you from
Spending large amounts of $ out of pocket.
I already have cash app and thank you so far u are my go to man so ty
Thanks!
@@JarradMorrow you are welcome my numbers were in the - before your videos, I starting selling couple stocks that have provided no return for months , piece by piece. I am getting my$back at the least. FYI McDonald’s pay divides. . Keeping my buying low . Unless I got heart& info in the company. I buy ones , company will go back up. Internationally trading ? Thoughts 💭
I don’t invest much in international. If I ever add that kind of exposure to my portfolio then I’ll just buy Vanguard international Index fund (ETF)
I have been investing in stocks on cashapp, first time investing in any kind of stocks. I was wondering if I end up with so much money invested in cashapp stocks and for some reason the app stops the investing option how would I carry over my investments? Or is there another way to keep track of my investments if cashapp shuts it down?
If they ever happen to shut down then they'll allow you to roll it over to another brokerage. The investment industry is highly regulated so I wouldn't be too concerned about this.
@@ahmirmoore863 who said cashapp is going anywhere? Read it two more times slowly. Sound it out as you go 🧐
Good question
@jarrad morrow so I started with
Tesla
Disney
Amazon
Apple
Zoom
Are those good investments to start on??
They're all great companies. It just depends how you're evaluating them based on your particular investing style.
Everything but zoom
This the equivalent of buying stock slices
👍🏻
Can you make clear video about when and how you sell ?
I only buy index funds (or the ETF versions of the index funds). I've never sold any of them in my life. I plan on holding until I retire in 25+ years. Here's a video I made on exactly how to sell on Cash App ruclips.net/video/9cFvgJWa108/видео.html
You need to invest at least $1,000 to make a good profit asap.
Thanks for sharing your opinion.