Don’t leave your success up to luck…
Hey there…it’s me, Felix, your personal Ace of Investing.
There’s a lot for us to talk about today. First, we’ll dig into a method where you can actually accumulate real, lasting wealthy just by investing $100.00 a month in the market. But then we’re going to get on to the question on everyone’s mind: now that tech stocks are tanking again, is now the time to buy the dip?
If you’re ready to up your ante, keep reading…
You know the saying, “It takes money to make money.” But that’s not always the case. It can especially be true in the stock market. SInce the point of the market is to make your money work for you, it is feasible to take a small investment and grow it exponentially over time. Again, the key words there are over time. As a matter of fact, you can effectively get rich off of the market by investing $100 per month. That is if you play your cards right, of course.
The first move you need to make is just invest. Jump right in with your first $100 and never look back. Then you need to keep adding that same amount each month. When investing to build wealth with only a small amount of money, time is what is going to grow your portfolio and build your wealth. That’s why it is so important to start now. The more time you have to invest, the more money you will earn, no matter how small your initial investments are.
Another thing you need to consider in order to play your cards right with the hand you’ve been dealt is to select the best investment for your money. If you only have $100 a month to put in, index funds are a safe, yet rewarding way to invest. S&P 500 index funds are a great bet and can help you grow wealth over time, even when you start out small. But what are the best S&P 500 index funds to add to your hand? And just how much can you make over time by putting $100 per month into index funds? The answer will most certainly surprise you.
You need to keep an eye on these 6 clean energy stocks
Clean energy stocks are booming, and there are six of them that are currently rising to the top of the market. If you’re looking to get in on the new clean energy trend before prices soar too high, one of these stocks might be worth doubling down on while you still can.
IS IT TIME?
Tech stocks are crashing again. Does that mean it’s time to buy?
Tech stocks have certainly been on a wild ride as of late. They’ve experienced more ups and downs than the most wicked roller coaster out there. And almost as soon as they were bouncing back, tech stocks have started crashing one more. But why are tech stocks plummeting yet again? Is it just another drop in the roller coaster ride they’ve been on recently, or is this time different? Does this mean you should continue to hold, fold and walk away, or buy the dip? Some of the insights and advice from analysts about tech stocks just might surprise you.
LET’S ADDRESS THAT MINDSET
Make sure you always know the cards you’re holding
“If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.”
― Peter Lynch
I love this quote because it marries my two loves – investing and poker. This quote reminds us that investing takes strategy, and part of that strategy is studying and knowing the companies you want to invest in. Blindly investing in companies because it feels good, it’s trending, or you simply like the products or services they offer can prove to be a costly mistake. You need to know why each stock you consider and purchase is a good investment, what you can expect from it, and how it can help you reach your investing and financial goals. Just like in poker, you have to know the hand you’re holding through and through in order to make the winning moves you need to cash in big time.
You can’t play your cards right if you don’t understand the cards you’re holding. So do some research, learn more about your current investments, and learn what you can about potential investments. It will make your investing strategy a little easier and will help you tweak your portfolio into a winning hand that could have you cashing in on some serious money down the road.
THE CRYPTO BANDWAGON
There’s another bank on the crypto bandwagon
Whether you like it or not, cryptocurrency is here to stay. And that seems to be the mindset more and more companies are adopting when it comes to crypto. If you can’t beat ‘em, join ‘em, right? Though cryptocurrency, such as Bitcoin, is still an extremely volatile investment, it’s undeniable the impact it has on the market. Sure, after a stable few days Btcoin did dip quite unexpectedly earlier in the week, but it did soar back up near the $60,000 mark in a flash. As the price of Bitcoin continues to rise, more and more companies are announcing Bitcoin as a payment option, investments in Bitcoin, or aligning with the crypto in some way. As a matter of fact, another major bank just announced it was jumping on the Bitcoin bandwagon. Which bank just made the leap and what does this mean for Bitcoin prices?
Is now the time to double down on Blackberry?
I already know what you’re thinking. Blackberry? Really? That ancient device and company? But hear me out. Though the stock has struggled as of late, all signs and a lot of analysts are pointing to a quick and impressive rebound soon. So is it time to ante up for a few shares before the bounce?
PORTFOLIO BALANCE
71 percent of Warren Buffett’s portfolio is wrapped up in these 5 stocks
His portfolio is a little more simple than you think.
As I’ve said before, when billionaire investing guru Warren Buffett talks, I listen. And when he invests, I follow. I may not be able to invest to the extent that he does, but when a stock catches his eye and he decides to double down on it, I know it’s time for me to up the ante as well. Surprisingly, a whopping 71 percent of Buffett’s portfolio is wrapped up in five stocks. Meaning the billionaire investor’s strategies might be a little more simple than you think and a little easier to follow than you anticipated.
So what five stocks are so important that they take up so much of Buffett’s portfolio? One of the stocks that holds a large chunk of Buffett’s portfolio is American Express. Financial stocks are some of Buffett’s favorites, and American Express has held a spot in his portfolio for a whopping 28 years – making it the third longest held stock for Buffett. Another stock that is a big player in Buffett’s portfolio is Coca-Cola. He owns an incredible $21.2 billion worth of stock and has no plans to sell it any time soon. Coca-Cola is the stock that he’s held the longest, as it’s been in his portfolio a staggering 33 years.
There are three other stocks that hold a prominent spot in Buffett’s investments. What are they and what is so special about his five favorite stocks?
Thanks for taking the time out to see what the Ace of Investing had up his sleeve today.
Action is one of the best investments,
Felix Morgan
Editor-in-Chief at Ace of Investing
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