No video :(

I Invested $5 a Day for 27 Months. Here's What Happened.

Подписаться 171 тыс.

Просмотров 212 тыс.

50% 1

A long time ago, I decided to start investing $5 a Day into the Stock Market using an S&P 500 index fund. In this video, I reveal how I did this, my latest portfolio update, AND what how this $5 a Day challenge performed compared to common RU-vid Hype Stocks like AMC, TLRY, PLTR, and more!
🤑 Webull App - get FREE stocks when you get started (limited time) ► averagetoamazi...
YO! Watch my entire $5 Series Here: • $5 PER DAY SERIES: The...
Also here are the two great websites I displayed in today's video:
1st - S&P500 top companies by year: www.finhacker....
2nd - Portfolio Visualizer: www.portfoliov...
STUFF I RECOMMEND!*
Personal Finance
🤑 Webull App - get FREE stocks when you get started (limited time) ► averagetoamazi...
📊 The Ultimate Transaction Register - track your budget the real way ► averagetoamazi...
💰 Seeking Alpha - get the best research tools to stay ahead in your stock and ETF research. Receive 50% off on a Premium Membership ► averagetoamazi...
💰 Track Your Dividends ► averagetoamazi...
💳 Apply for an American Express Card with this link. We can both get rewarded if you're approved ► averagetoamazi...
Saving Money & Grabbing Deals
💰 Get Legitimate Cash Back at Gas Stations, Restaurants, and More with Upside App (app is free to use!!) ► sweetlifesucces...
📱Get a Discount on Mint Mobile and Pay Less for your Cell Phone Bill (I Save $2,000 a year!!) ► averagetoamazi...
#financialeducation #financialindependence #5aday
In this video we are chatting about:
1. What Investing $5 a Day Looks Like after 27 Months.
2. My Robinhood Portfolio Update since January 2022
3. A Real Comparison between the RU-vid Hype Stocks and Index Fund.
*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.

Опубликовано:

21 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 235

@BobSharpe 4 месяца назад

What are some other great Hype Stocks talked about here on RU-vid that we should analyze in a future video? Get started on your $5 a Day Journey with Webull - they'll even give you some free stocks when you open an account ► averagetoamazing.com/go/webull/

@WinstonBernard-is9um 2 месяца назад

Nvidia

@putjesusfirst9217 2 месяца назад

Can you do one on crowdstrike?

@putjesusfirst9217 2 месяца назад

You think magnificent seven is good to invest in

@garydownes1594 Месяц назад

C. M. G. 😊

@Ldia34 24 дня назад

try VOOG instead of voo

@joseaod15 4 месяца назад

I started investing $20 back in 2016 because it’s all I could afford. Little by little I invested more and now have a six-figure portfolio

@HeyJaredHowYaDoin 4 месяца назад

Damn, that's awesome!

@AFROVISIONSMEDIA 4 месяца назад

Wow. $20/day in the S&P500?

@cartertaylor2702 3 месяца назад

@@AFROVISIONSMEDIAI also wanna know this

@StationaryJX_ 2 месяца назад

@@AFROVISIONSMEDIA did u figure it out ?

@fruityfridays9620 2 месяца назад

@link2187 3 месяца назад

My opinion of investing in index funds: if the fund tanks, it's because the index tanked, which means the economy is in shambles and the state of my portfolio is probably the least of my worries.

@BobSharpe 2 месяца назад

SO true!

@cozyluvjo8104 21 день назад

Exactly

@NoVaRedacted 4 месяца назад

My $5 a day quickly became $60 a day. I’m obsessed.

@destroyer5823 4 месяца назад

How is it going ?

@david_gamer5165 4 месяца назад

me too :)

@Wrangler506 4 месяца назад

This is the way.

@alpha9605 4 месяца назад

@@Wrangler506this is the way.

@DanTheStripe 3 месяца назад

There certainly are worse things to be obsessed to than investing 😅

@salsabila786 2 месяца назад

My £100 a month in 2013 whilst I was a student, which increased to £300 a month in 2016 and £500 a month in 2018 is now in 6 figures. I'm more than 200% up on total deposits, it's in an ISA so tax free in UK. Was 70% individual stocks until 2016 when I watched a Warren Buffet video, since it's been 95% Index/ETF. Earlier you invest in Index fund and stay consistent and patient, ideally not even look at the fund, have it automated and look back annually. I only invested what I didn't need for my living expenses and see it as detached from me, in 13 years I'm retiring at an age whilst my body is strong instead of 50s, 60s.

@user-ti1yk9zb3b 24 дня назад

Could you tell me more

@EuEndo 23 дня назад

I'm 16 years old and have been investing for the past year. You're saying index funds are the way to go?

@andrewsdelahoz5248 4 месяца назад

I love this approach of investing, specially, for international folks like me where putting 20 dollars a day or a 100 a day is challenging. 5 dollars a day is not a lot but it gets you started and it builds the habit.

@gatorgreen4344 4 месяца назад

I started 5 a day on July 12th 23 when I saw your video. I am up 8.13% right now. I am also doing 5 a day with BRK.B just to see what happens. Looking good so far. Thank you brother.

@elzaocean 4 месяца назад

Immediate like for the consistency

@drsonnysell4471 4 месяца назад

I'm proud of you for being able to be consistent because that's the key to success is it consistent daily application of your idea...

@tylersucher8653 4 месяца назад

Even if you can’t do the $7.27/day, and just do $5 or $6 it still makes great gains. I love this. Even if it’s $1/day if you have to cut back for a little bit it still working! This is what I do with my Robinhood portfolios and I love it!

@donaldlyons17 3 месяца назад

What you talking about $1 is not even close to the same as $7.27, $5, or $6 the outcomes is numbers based not behavior based.... RU-vidrs don't tell the truth always that a high income or a very low spending rate or very low expenses is the key to having options.

@Red_Dead_Entertainment 2 месяца назад

@@donaldlyons17 bro said $1 investing :DDD

@patientpicker9629 4 месяца назад

I picked 5 single stocks and invest $5 a day in order of worst performing on Monday to the best performing on Friday. I’m up 30 percent. Kraft, Exxon, apple, PNC and union pacific railroad. All on Webull and uninvested money is earning interest in the savings account. Enjoy your videos

@raidersacdc4892 Месяц назад

Union Pacific pays solid dividends. That’s where you compound. Good for you!!

@user-vm5ps9ik8c Месяц назад

@@raidersacdc4892dividends while losing money

@rickwalker5203 4 месяца назад

I started investing $12.50 a day starting April 1st, 2024.

@SeaTurtleToes Месяц назад

how's it going now?

@danijelperkic5037 Месяц назад

how its going now?

@coryjohnson9081 2 месяца назад

I make $33 an hour currently do i figured i would invest 1 hour of my 12 hour shift since after 8 i mske that back up in the 4 hours of overtime daily. So if anyone struggling with how much to invest just do your hourly rate everyday or pick up a couple hours of ot and invest the overtime income judt an idea i hope this helps someone

@charliejones5953 Месяц назад

Are you working in maritime by any chance?

@drsonnysell4471 4 месяца назад

I agree with you. I'm a firm believer in the $5a/day philosophy...

@ArsenalFan-gf5ww 4 месяца назад

However, if you invested £500 a month, rather than that £5 a day, you're in the market for a longer period of time, which means, historically, on average, you'll be up on those who invest daily

@levimanning2311 4 месяца назад

@@ArsenalFan-gf5wwhe actually showed statistics and that is the opposite of what he found

@ArsenalFan-gf5ww 4 месяца назад

@@levimanning2311 over a significant amount of time, lump summing compared to adding daily will return greater results, simply because of the sheer volume in the market compared to if you do it daily

@glitchrexouium4023 3 месяца назад

i dont even have enough for food every day

@SilentEagle2029 4 месяца назад

Instead of doing 5*365, you could just do 5*365.25, so that every 4 years you make up the extra day for the leap year with that extra 0.25, instead of having to change your investment amount every 4th year.

@bigbuck695 4 месяца назад

Dca would be awful tho

@andrefl4641 4 месяца назад

Thank you! This was super useful!

@MrDmoney1984 4 месяца назад

My 5 dollars a day started back in November……. Small dollars add up and I’m excited about my future thanks bob for helping me get started

@wescald 4 месяца назад

My guy spitting! Literally

@BrunoRibeiroComboios 3 месяца назад

Unfortunately at the time I made a huge mistake and listened to Financial Education Jeremy and put a bit over 25% of my portfolio on TTCF, lost everything. And another 5% on CRSR, but that one might still have some chance to recover a bit, holding that one. Lesson learned the hard way.

@TheModernTeachingsAndHealings 4 месяца назад

Will you make a video comparing smart mix portfolio & personal portfolio . Not sure which I should do & would like more data on the comparison. Thanks

@Stemanar 2 месяца назад

Right now I'm doing the max match at my job into the typical index fund, and then another $100/week into schd in a Roth. Best strategy? Maybe not, but it's better than not investing at all!

@omaraziz6946 4 месяца назад

This is absolutely great. I do between 20 and 40 a day. Grows pretty fast.

@matthewfarrell317 4 месяца назад

To be fair to the meme stocks, it wasn't about making people rich, it was literally about stopping short sellers etc from shorting the stock and walking away rich while collapsing companies. You can tell it was effective because lawmakers tried to change the rules to stop it. You only keep the stock for roughly as long as it's going up and drop it when it comes back down. It's a short term thing.

@blktauna 4 месяца назад

I have a few single stocks for entertainment but the bulk of my money is in SCHD, SPYI, TLT, VTI, JEPI... boring crap because I don't have the constitution for chasing the 10x. I mean I will put 10$ in something for fun but that's it. I do 23$ a day and the growth has bee great.

@lifeofagameranger6884 2 месяца назад

Im going to be starting this extremely soon. I have a retirement plan, however it doesnt hurt to invest extra where i can. Thank you. I never thought of doing small increments consistently. I always thought that i would need anlarge lump sum to start with, but that is simply not true. Thank you for this

@angelreyes3235 4 месяца назад

This is such a great video.

@oregondeb1971 4 месяца назад

What happened to the Ethereum $5/day buy?

@BobSharpe 4 месяца назад

That’s still rocking too. As of today up 98.65%!!

@conv1cted752 3 месяца назад

Tried to use ur webull link, but it says the offer ended in 2023 and alit of misspelled words. Might want to check the link.

@sakidickerson 2 месяца назад

The index stocks are great for long-term but when people talk about the hype stocks going to the Moon they're not talking about over 5 or 10 years they're talking about within a year generally riding the wave until the Apex people need to understand those are short-term Investments

@BobSharpe 2 месяца назад

Great point!

@vidainvestor 3 месяца назад

The QQQM give better returns but VOO sp500 is better diversify

@Lulomo 4 месяца назад

GE has made a big turn around though, don't sleep on them

@ptm007 4 месяца назад

The Altman Z score for GE remains in the distress zone. The ROIC and ratios are also in the lows. There’s better options than GE in the market.

@bubblechaser5369 3 месяца назад

Currently 60$ plus per share for me ... when GE goes so does our infrastructure

@pmd5428 3 месяца назад

I listened again and still unsure, tell me; when on the daily purchase, does the app buy at the low of the day? Also, you spoke of purchasing daily, then you went to the application sheet to check the boxes and there was not box for daily. Just monthly, quarterly and yearly and you got excited saying it would be great if able to buy daily.

@brakmaster 3 месяца назад

I made $10K profit in PLTR, trimmed the fat and no longer have skin in the game but still own a considerable amount of shares. I am very optimistic about PLTR's future but it's better when you hedge your position because everything could go south very fast.

@thekingofkingsrp 2 месяца назад

I started doing the voo and eth yesterday. I also got some nvidia and sofi technologies.

@oscar_vsyoutoube 4 месяца назад

How about a growth ETF like SCHG?

@soulseeker42388 4 месяца назад

VOO is a growth etf. Just has the S&p500stocks (which is currently tech heavy

@Yay1.0 4 месяца назад

It would be interesting for me to hear your opinion on: A: Xiaomi B: Alimentation Couch-Tard C: Rolls Royce D: Crocs Thanks :)

@ChrisLagos77 29 дней назад

Many people are struggling just to buy food....

@cantgetright742 3 месяца назад

Just got done watching the after 1 year video. Had to go hunt this one down.

@bubblechaser5369 3 месяца назад

Same here ... only I'm 5 days behind ya

@kristjanlenart9461 4 месяца назад

The tax report when selling this must be WILD. Reporting each 5 dollar investment sepperatley?

@levimanning2311 4 месяца назад

Modern brokerages and turbo tax allow for a pretty seamless experience where you don’t have to do anything about the amount of trades

@RealKered 2 месяца назад

Would probably be more optimal in roth ira using a respectable brokerage like fidelity or vangaurd, great video though

@BobSharpe 2 месяца назад

Absolutely agree! I already max out my Roth IRA each year, so that's why I put this in a taxable.

@drsonnysell4471 4 месяца назад

Thanks Big Bob

@zzzcocopepe 3 месяца назад

Phil town talks about investing in what you know. So it would make sense to invest in nvidia if you're familiar with that industry in that market. You would know when to get out and when to get in

@masonnorth1 4 месяца назад

i’ve read and done some research just wondering if all or most s&p 500 stocks offer about the same increase on a consistent basis or if one is better than the rest

@ZootScootBoogie 2 месяца назад

Well, the idea of having an ETF is even if 100 of the stocks are sucking, we’re hoping 400 are doing well. Remember, you’re not a day trader. Trust the big guys.

@WCUPride 4 месяца назад

Can you break down Sofi?… I’m not “all in” on it, but I do have a recurring investment in it. Me looking at it, it looks poised to grow. It’s turning a profit for the first time, and is continuing to reduce its debt, but it’s been kinda stagnant.

@barrettstreeter1850 4 месяца назад

Waiting on these every month! I Enjoy the videos Bob🫨

@AbhinavSurjanMarine 5 дней назад

Fun fact following the same strategy but with 25 dollars a day

@robertswift6101 4 месяца назад

instead of everyday i only buy on red days and just roll the money over into that day on my ira schd and jepi

@udontknowm3722 3 месяца назад

The Thing is with "Big and most talked about Stocks" is , almost all Hypestocks went down cause of Growth Problems , like Cisco Systems . Stocks like Microsoft , Amazon and Nvidia and so on they got Growth Rates out of this World . My believe is they still be on Top in 10 Years , they are newcommers for sure but nothing like Microsoft or Amazon .

@SARKAZYMYT 3 месяца назад

Abbvie makes more sense for cannabis since they do most medicine as a whole including cannabis

@jboogie5992 2 месяца назад

I love VOO I been looking at them as a nice ETF to get started so let’s say I put $50 into it should I continue adding $5 a week or day?

@luciandumitru5145 2 месяца назад

365 days, it’s open market?Wow! Non-stop!

@johnniesohn-zm7bv 3 месяца назад

What are your fees for only 5 dollar transfer? The fees add up to the point where it doesn't make sense?

@waellafer3039 3 месяца назад

that’s what i was thinking, mine is 10 dollars

@BobSharpe 3 месяца назад

Great question! It’s $0 since we are using Webull and Robinhood. Are you located in the United States by chance ?

@johnniesohn-zm7bv 3 месяца назад

@@BobSharpe yes I live in Pennsylvania

@Jaykayy911 Месяц назад

Please do a detailed analysis on NVIDIA

@ericbell3399 Месяц назад

He might've covered this, but what happens if the price of the ETF you're buying grows to exceed $5? Are you still able to buy on a daily basis and access that more frequent compounding? Also, how do you navigate brokerage fees given the frequency of investment?

@Ceez518 4 месяца назад

Cool video. Analyze “MU” micron technology

@DanielGonzales-di6tq 4 месяца назад

Awesome video.

@Cyrisnyte 4 месяца назад

I would really like to see your thoughts on HROW.

@brandoncrawford8358 4 месяца назад

Hey Bob Sharpe, can you start a whole new challenge and do it with us and anyone willing to join? I think that would be fun, and we can all grow together!

@WolvLucks3X3 Месяц назад

Do you invest 5$ to fractional share? Or u invest until u hit enough to purchase a stock?

@parthbarvaliya1134 Месяц назад

Fractional ofc

@dip.2271 4 месяца назад

i'm trying to do the same thing with SCHB

@odedraz7685 2 месяца назад

I have been buying 300$ of Microsoft shares and 300$ of VOO a month since 2018

@archerfire77 2 месяца назад

Why does everyone say to cut out Starbucks, its one of the few things that makes people happy and get through the day.

@alexsherratt4638 3 месяца назад

how do you invest every day, when the invest managers need to allocate your money. doesnt it usually take a few days for them to get the money and then allocate it all?

@Stemanar 2 месяца назад

I'm sure he just deposits a lump some into the account, and then it automatically just pulls from the balance

@mengkham 5 дней назад

Do it on TDVI etf next

@Dank-ev9dq 4 месяца назад

I buy $5 of SPY every trading day

@2WinorNt 4 месяца назад

TSLA, NVDIA, and BABA

@smokinggreensmokingblue2191 Месяц назад

GUNS AMMO AND CAND FOOD

@navancognac3227 4 месяца назад

I lost a lot on $TTCF ☹️

@Bryancm2792 4 месяца назад

Williams Sonoma had a very good growth recently, which gave me positve results, what do you think?

@Kmac23YT 4 месяца назад

Is voo good enough or should I be in more? Like vgt or schd? Or should I focus on just one ETF?

@dominickgalinis3210 3 месяца назад

It’s really up to you. You can literally “VOO and chill.” But you can always do more if you want to get in the weeds of it.

@boyasaka 3 месяца назад

Many etfs have got a huge overlap so if you do pick a few , make sure they isn’t a huge overlap

@dhaferbenmimoun7050 4 месяца назад

How is keeping uninvested money and only buying x amount every day or week better than investing most of it at once and keeping your investment to a monthly recurrence where maybe time the market if its not going to be the bottom its going to be somewhere close to it.

@coreysagamer 4 месяца назад

Don’t time the market, it’s TIME IN the market.

@tylerfreeman6731 4 месяца назад

Could anyone explain the “all” on Robinhood? Could you take that number and subtract from your balance and that’s how you figure out how much you’ve invested? Or how can you figure out how much you have invested?

@barrettstreeter1850 4 месяца назад

Market value - total return = how much you’ve invested ;)

@skeletonbeats6483 4 месяца назад

If you click on the very beginning of the graph when you select all it’ll say 0.00 growth and tell you how much you’ve invested in total for your stocks.

@leefiutko6358 4 месяца назад

Would it be easier to buy five dollars of crypto on Saturday s and Sundays? Keep it more even?

@Daniel-bv2ur 4 месяца назад

Would appreciate your thoughts about tencent hld.

@ilTHfeaa Месяц назад

is it better to put your money in stocks/portfolio or in a HYSA?

@mysticery 2 месяца назад

Do you have pay any commission fee? Because I thought of doing it daily as well. Then realized the commission fee was ⅓ the investment 😭😭😭😭😭

@johnhansen4550 3 месяца назад

I do financial planning seminars for churches and I am going to share your excellent example of dollar cost averaging

@ralphfilipowich7053 4 месяца назад

Bitcoin?

@rana_ny 3 месяца назад

smart man.. thanks

@jamescares9003 4 месяца назад

when you set up auto payments does it come out of your buy power balance or does it withdraw from linked bank account every day?

@KeepStackin.999 3 месяца назад

You can set it to the back account or buying power.

@SirMrDany 3 месяца назад

I still think Apple is heavily overvalued and overhyped. They do too little to be worth that much. Laptops and phones. Thats it, with phones being only like 20% of the global market. That bubble will pop at some point.

@bigtank6709 4 месяца назад

Thanks bro 😎

@sergesimons335 4 месяца назад

How is your ethereum doing😏

@allenlee9088 3 месяца назад

Hi Bob Sharpe, I will like to ask for investing $5 Daily is you buy the stocks everyday $5 or monthly buying the stocks like one shot buy $155?

@newyorkian1 3 месяца назад

everyday 5$

@islemisawesome6145 3 месяца назад

If you watch the video he mentions multiple times he buys 5 a day

@Salty 2 месяца назад

Please do a video on QBTS stock.

@akhere4279 4 месяца назад

Is it really $5 which benefits or can it be more or less amount than that each day?

@matthewterry2166 4 месяца назад

It can be any amount the point is just to invest as frequently as possible. Some people can only afford to do less and some people a lot more. The point is just to invest

@mleet3125 2 месяца назад

I suspect the answer is No, but is there a way to invest in an index fund without buying shares in specific companies?

@BobSharpe 2 месяца назад

Hey! Certainly want to help but I don't believe I fully understand your questions. Index funds ultimately invest in those specific companies that comprise the index. Are you trying to avoid that all together?

@mleet3125 2 месяца назад

@@BobSharpe There are some companies in these index funds that people may not like some aspect of how they do business. Is it possible too exclude those companies when investing in an index fund?

@JJ-rr5xk 2 месяца назад

Did 100$ and still haven't made any money just keep breaking even ???

@pvlad209 3 месяца назад

How would investing 5$ a day be better then 155 a month? You you have gained 2.7% on a 155$ investment since that was the lowest point of the month. You just made a gain of like..1.5%? Sth like that, above de 155 put in by you.

@touchofgrace3217 2 месяца назад

$5/day is a massive amount of money for the average person. It’s equivalent to $150/mo. I suppose it would be realistic for a college student who gets an allowance from their parents.

@gobosMommy 2 месяца назад

but for an "average person" thats easily just not buying a coffee one day, taco bell one day, pizza on the weekends, going out for a few beers... all those trivial expenses can easily get you closer to your goal if you want to get into investing. i'm giving this a try with just what i would typically spend on days i have to drive into the office twice a week. instead of picking up a coffee and breakfast, i'm going to give robinhood a chance and my waistline a break!! it might not be the $5 a day he's doing, but that's still $20/week for me.

@bestmoney17 4 месяца назад

What is the commission for each $5 purchase?

@BobSharpe 4 месяца назад

No trade commissions when you use Webull or Robinhood

@bestmoney17 4 месяца назад

@@BobSharpe and what minimum commssion via etf vanguard

@vento4484 4 месяца назад

Should I do this in a Roth IRA ? Or a normal brokerage account

@dillard715 4 месяца назад

Most people try an max out their Roth and then the rest of year a normal brokerage or a traditional Ira. But I’m not a financial advisor

@swolecole3776 4 месяца назад

NIO, SOFI, and LCID are three examples of overhyped individual stocks. If the $5 a day challenge is followed regularly over a long period of time, prosperity can result. This video has some useful information.