$75 into these 4 Stocks will Surpass Your Full Time Job

Introduction

This tutorial is designed to guide you on how to invest $75 into four specific stocks that have the potential to outperform your full-time job. The insights from Chris Sain can help you make informed investment decisions and grow your wealth over time.

Step 1: Research the Stocks

• Identify four promising stocks that you want to invest in.
• Use resources such as financial news websites, stock analysis platforms, and social media to gather information about these stocks.
• Look for stocks that have shown consistent growth, strong fundamentals, and positive market sentiment.

Step 2: Open a Brokerage Account

• Choose a brokerage platform that suits your needs (e.g., Robinhood, WeBull).
• Sign up for an account by providing your personal information and completing any verification processes.
• Most platforms offer promotions, such as free stocks, so take advantage of these offers to boost your investment.

Step 3: Fund Your Account

• Deposit your initial investment of $75 into your brokerage account.
• Ensure that you understand any fees associated with deposits or trading on your chosen platform.

Step 4: Allocate Your Investment

• Decide how to distribute your $75 among the four stocks. Consider the following allocation strategies:
  • Equal allocation (e.g., $18.75 in each stock)
  • Weighting based on previous performance or confidence levels (e.g., $30 in Stock A, $15 in Stock B, etc.)
• Make sure to diversify your investments to minimize risk.

Step 5: Execute Your Trades

• Search for each stock using its ticker symbol on your brokerage platform.
• Enter the amount you wish to invest in each stock and review the order details.
• Confirm and execute your trades.

Step 6: Monitor Your Investments

• Keep track of your stocks' performance over time using your brokerage app or financial news sources.
• Set alerts for significant price changes or news that may impact your investments.

Step 7: Review and Adjust Your Portfolio

• Regularly evaluate the performance of your investments.
• Be prepared to make adjustments based on market conditions or changes in your investment goals.
• Consider reinvesting any profits to continue growing your portfolio.

Conclusion

Investing $75 into the right stocks can be a great way to start building wealth. By researching stocks, using a brokerage account, and actively managing your investments, you can potentially achieve returns that surpass your full-time job income. Remember to stay informed and make adjustments as needed to optimize your investment strategy. Happy investing!