What you think about investing vix amount every day instead of fix amount every day? Today vix is 14, market will go down and it will be 25 for example. Tell me your opinion
Why $105 a month in this video?? The reason: the stock market is only open Monday-Friday. It’s closed Sat and Sun and major Holidays. If there are 252 trading days in a year, take $5 x 252 = $1,260. Divide that number by 12 months in the year = $105 monthly.
Is there any way to auto-buy after the market closes? Even if it doesn't finalize until the market day open. This way you could allow for weekends and holidays to make it 365 days
@@space509 yes some platforms allow you to put in an after hours order although in my opinion, it’s not worth it if you’re buying long-term versus if your day trading or swing training.
I wasn't financially free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!Very inspiring! I love this
Great video Bob! I'm also doing the $5 a day into VOO. As well as $10 per week in some other companies, building my way to $100 a month in dividends. I've paid off all my debt as you have always said. So now I can focus on investing. Thanks Bob
Question for you. Why did you choose the goal of $100 per month in dividends? Are you looking to cover a cost like phone bill or something? Or is this a goal you've set so you can keep yourself on track?
@@whywouldigivemyrealname5162 Dave is building up profit over time meaning that after a few years he will have an increase in gross. For dave to look for covering cost on phone bill or his other objectives, its not likely he will put in the payment now more like he will wait until the time is ready; or, he can financially save up properly and keep his cost at a constant and secure pace. well thats what i would do.
Buying daily, you need up paying a lot of background fees. The spread between the stock and the 5$. A few cents daily builds up way more and faster than a few cents each month.
Ok now can you do daily vs weekly?? I do weekly investments for the 5 days. So I do $25 a week every Monday for every stock I’m buying instead of doing it everyday. Is that better than daily or worse in all aspects?
Thanks for the great video Bob. Tracking the S&P has been a consideration for a while. I think I am going to go for it. One way to guarantee failure is not to take any action at all.
I’m investing $6,500 at the start of every year which equals to $17.81 per day I’m 29 I’m hoping my older self encounters a big nest egg at around 60. I appreciate your videos they are more realistic. 👍
Great video, thank you! Maybe I missed it - why total monthly sum for investing is 100-105 dollars, shouldn’t be 140, 150 or 155 (total days in that month multiplied by 5)?
I’ve been saving 3k month since I was 22 (25 now) by living like the broke college student I was even after graduation. If you don’t have much responsibilities to your name don’t go looking for them and take advantage of the golden investing years. I rented the cheapest place I could find until they raised rents and I moved in back with my parents. Short term sacrifice can go a long way if you can stomach it.
I just saw this video… I have been investing in real estate since I was 20 or so… I have a couple apartment buildings. It did not occur to me to invest earning from those ventures in stock… STARTED TODAY!!!
can this spreadsheet be modified once a week instead of daily? as my exchange only allows me to purchase 1 share minimum and doesn't have the option of auto-reinvesting (SelfWealth); but I do want to follow this technique
You’re right on the math. The challenge is that the stock market isn’t open every single day of the year (365 days). So that adjustment takes account for days the market is closed
It looks like daily investing is a good strategy, if you plan to invest in a stock that will be declining in value for a longer period of time, before having a run up. If you think the dip will be smaller, with a bigger run up, I'm sure monthly would win.
I would switch to daily if there was no transaction fees. I think this works best if you in a country using a broker that doesn't charge fees. Here in New Zealand every broker charges transaction fee + FX fees. So for myself this is a deal breaker.
You would capitalize on dividends faster if you were buying in bulk rather than per day. Not sure how much that would have effected the final outcome. Just something to consider!
Really good stuff! Would you mind putting the links to the tools you use in your videos in the descriptions? I can always look them up but there have been a few in the past where it is slightly difficult to find the exact tool on a website. Thanks!
Oh! That ending of the video was on point! I'm a newbie with investing, hoping I can have a profit after some years. I am already 37, boo... I recently came across your videos and I am enjoying them, thank you!
@@kevin-mi9tl Thank you! I'll start doing that this year instead. I have two stocks that I hope will generate a lot of money in Webull and it probably makes sense to start investing in there instead. I think the only problem I had is they don't take partial's $5 per day.
Could you provide a helpful hand. Why when I’m trying to transfer my stocks to actual cash it only gives me put what I put in and not the full earnings at the time. Need you assistance
I'm confused with the basics atm. People talk about putting in when it's low etc.. so how does it make sense to put in every day or every month? And how does this not effect the balance of your portfolio if the market rises for example and you're putting in at a higher price then before? I'm literally just learning and this question hasn't been answered yet. Thanks for this video and I hope you reply to this 🙏🏽
When keep money at bank its not working for you. You are working for money. Index generally goes up over a period of time. You might gain a bit more when you invest in low. But in long period it doesn't matter.
dollar cost averaging works by putting in a consistent dollar amount. This means that the same dollar amount is buying more shares as the market drops and less as it goes up.
@@AJohnson0325 Yes, putting in $5 a day is exactly that. Better than that crappy Starbucks coffee. I do my own car and home repairs, always get a free estimate or just call, write up a bill to myself and invest the money I saved (minus parts).
@@alb12345672 The regular starbucks drip coffee is horrible in my opinion. I don’t even drink it when it’s free. I go to publix and look for the Lavazza coffee when it’s buy one get one and stock up. It usually lasts until it’s buy one get one again. I wish I knew how to work on cars. Most home repairs or improvements are easy enough with youtube videos but I don’t trust myself to do anything with my car.
I like to trade pairs. I wonder if you put $5 a day into VOO or VIG, keeping them both at the same value how you would perform. By having at least two funds, you would always buy the one lagging, helping lower your average cost.
last time i checked, you would have more money with voo but more dividends with vig. If you like dividends check out schd. I have some voo and vig and I’ll just let it sit there but almost all my money is going to schd these days.
Do the 20/80 rule when Dollar cost averaging. Only dollar cost average with 20% of your income while 80% stays in 5% interest waiting for a market crash?
Correct me if I'm wrong but $5 a day won out in 2022 as the market dropped 20%. Run the same example over 2023 and I believe the latter will win as the market recovered, meaning the more shares you were able to buy faster will give you a lower average cost. Problem is, we don't know what the market will do "next year".
simple explanation investing daily helps make peaks and valleys less severe. You lower your chances of making a bigger loss but also bigger win. Its playing it safe, while investing once a month is more risky but higher potential results. None is superior or inferior
This is a question of market timing vs all at once investing. In general , since the market on average goes up - the best result is if you invest as soon as you have the money.
Why not just extrapolate this out for a handful of stocks and etf's, for the life of those on the market and graph it out to compare as markets go up and down, to see which one prevails or is one better in general or as it goes down or up.
I really like this approach. I have a 401k through my work, but I haven’t invested much outside of it because it seemed overwhelming. Which brokerage, what stocks, how much etc etc. This video shows how simple and easy you can make investing. Thank you!
Thank you for sharing! Your videos are very helpful! Question , is webull safe for long term use? Reason why I ask is what if I start investing but then the app shuts down ?
I do weekly so my money doesn’t sit… when cash is not flowing your losing money whether it’s from the depreciating dollar or spending on unnecessary things.
Watch the $5 per day video here: ua-cam.com/video/WpXw_ejAqsk/v-deo.html
Join me on Patreon for more exclusive content ► patreon.com/BobSharpe
Oh! That ending on that video was on point!
What you think about investing vix amount every day instead of fix amount every day? Today vix is 14, market will go down and it will be 25 for example. Tell me your opinion
10% return? Every year? LOLOLOL. Clickbait
@@VndNvwYvvSvv you’ll want to do some research. It’s well documented as a 10% AVERAGE return every year.
@@BobSharpe Onus probandi, sources cited: 🚬 🌿. It is NOT 10% average across all years-- not even close to it for most people.
Why $105 a month in this video??
The reason: the stock market is only open Monday-Friday. It’s closed Sat and Sun and major Holidays. If there are 252 trading days in a year, take $5 x 252 = $1,260. Divide that number by 12 months in the year = $105 monthly.
Is there any way to auto-buy after the market closes? Even if it doesn't finalize until the market day open. This way you could allow for weekends and holidays to make it 365 days
@@space509 yes some platforms allow you to put in an after hours order although in my opinion, it’s not worth it if you’re buying long-term versus if your day trading or swing training.
I wasn't financially free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made. Great video! Thanks for sharing!Very inspiring! I love this
Awesome! Thanks for the encouragement! 🎉🎉🎉😊😊 I'm ready to begin!!
That’s awesome! Congratulations!!
What did you invest in
Oh! That ending of the video was on point!
😁😁😁
Oh! That ending of the video was on point!
Oh that ending of the video was on point !
lmao
Oh! That ending of the video was on point!
Great video Bob! I'm also doing the $5 a day into VOO. As well as $10 per week in some other companies, building my way to $100 a month in dividends. I've paid off all my debt as you have always said. So now I can focus on investing. Thanks Bob
Question for you. Why did you choose the goal of $100 per month in dividends? Are you looking to cover a cost like phone bill or something? Or is this a goal you've set so you can keep yourself on track?
@@whywouldigivemyrealname5162 Dave is building up profit over time meaning that after a few years he will have an increase in gross. For dave to look for covering cost on phone bill or his other objectives, its not likely he will put in the payment now more like he will wait until the time is ready; or, he can financially save up properly and keep his cost at a constant and secure pace. well thats what i would do.
@@georgewatts385 I understand dividends and drip. I'm curious why the target was set at $100.
@@whywouldigivemyrealname5162 you need to start somewhere whether its $10 in dividends or $100 goals are key
I dont know you, but I'm proud of you man! And I can't wait until my wife and I get there haha. Mortgage, cars, etc haha.
another thing to consider, are the commission fees for transaction for your platform
Valid point.
Webull has no fees
@LordZark69 there are some problems with registration in Europe, with webull
Buying daily, you need up paying a lot of background fees. The spread between the stock and the 5$. A few cents daily builds up way more and faster than a few cents each month.
if you are using the right broker you don't have to pay any fee. Many brokers now offer savings plans without charging a commission.
Ok now can you do daily vs weekly?? I do weekly investments for the 5 days. So I do $25 a week every Monday for every stock I’m buying instead of doing it everyday. Is that better than daily or worse in all aspects?
I'm doing $500 every 2 weeks when I get paid. All going into SCHD. Maybe I'll try doing $35 per day?
Do you have to pay a brokerage fee for every trade? If you pay a fee daily investing is going to kill you with fees.
I DCA everyday in different stocks and ETFs and i watched til the end. Thanks!
This was on point. So informative.
Thank you so much!
I'm doing this $5 challenge on Webull. I already have 1.2 shares of SCHB. 👍
BRO THAT ENDING! Best ending of any finance video.
Right?! Thank you!!
Mean Bob Sharpe is a trip.... where else otherwise... lol priceless. Great Video man! Bravo
great vid man, most YTers would have brushed that comment off but you did a vid on it
I appreciate that!
Thanks for the great video Bob. Tracking the S&P has been a consideration for a while. I think I am going to go for it. One way to guarantee failure is not to take any action at all.
Right on! Thank you for the great question on this topic too!!
set it and forget it....
That ending? On. Point.
I'd love to see how you set up your recurring investments to account for weekends and holidays. Was that in the $5/day video?
Hey bob, if a dividend stock hits its 52 week high, do you sell it and then re buy when it lowers?
Never try to time the market, you never know which way it'll go!
beware that the reply comment with a WhatsApp number is a scam 🚨 I do not use WhatsApp
That ending was on point. Thanks for the content!
This was on point. So informative.
Thank you!
Oh! That ending of the video was on point!
I invest monthly and quarterly.
Thank you! 🙏
Like always great and motivational content!
Happy to hear that!
Oh! That ending of the video was on point!!!
I’m investing $6,500 at the start of every year which equals to $17.81 per day I’m 29 I’m hoping my older self encounters a big nest egg at around 60. I appreciate your videos they are more realistic. 👍
What do you normally buy? VOO, Mutual funds, single stocks?
Is that in a Roth IRA?
@@highestthumos yes in a Roth IRA
Great video, thank you!
Maybe I missed it - why total monthly sum for investing is 100-105 dollars, shouldn’t be 140, 150 or 155 (total days in that month multiplied by 5)?
on the weekends is the stock market closed, so there are 21days on average
Oh, that ending of the video was on point
I’ve been saving 3k month since I was 22 (25 now) by living like the broke college student I was even after graduation. If you don’t have much responsibilities to your name don’t go looking for them and take advantage of the golden investing years. I rented the cheapest place I could find until they raised rents and I moved in back with my parents. Short term sacrifice can go a long way if you can stomach it.
What's your 3-year return on those investments?
beware the WhatsApp reply comment is a scam 🚨 I do not use WhatsApp
@@BobSharpe Lol, I'm not that dumb.😩
Wish I was as disciplined and mature like you. Good job sir
OH! THAT ENDING OF THE VIDEO WAS ON POINT! Keep it up Bob!
I've been trying to put between $10-$50 in several EFTs a day lately. Like $50 in VOO, $50 in MGK, $20 in QQQ etc. We'll see how it goes
"Oh that ending of the video was on point" 👍😍😸 hell yeah Bob, you break it down perfect 😜 thank you ❤️
Glad you liked it!!
Cool video, good topic. I invest daily, weekly or monthly, it depends but lately daily, especially with market dips even the small dips
That's great!
Me too 👍😊
How do you invest "5 or 10 per day" when stocks are like $40? Is this some U.S.-only trick like 401k or IRAs?
You can buy fractional shares
@@travis94303I’ve tried buying fractional shares of VOO on Schwab and there’s no option to do it
The video we all needed! 🙏
Great video Bob!
OH! THAT ENDING OF THE VIDEO WAS ON POINT!
Nice!!
What broker app/platform do you use to invest daily and not incur commission fee? Can someone advise?
I use Webull: sweetlifesuccess.com/go/webull
That ending was on point though
Question, if you are a dividend investor, investing daily wont mess with ex dividend date?
I just saw this video… I have been investing in real estate since I was 20 or so… I have a couple apartment buildings. It did not occur to me to invest earning from those ventures in stock… STARTED TODAY!!!
How does your spreadsheet show $1255 total for a monthly buy of $105, it's off by $5 if my understanding is correct that its $105/month x 12 months.
Informative, and good comparison 🤙🏽
can this spreadsheet be modified once a week instead of daily? as my exchange only allows me to purchase 1 share minimum and doesn't have the option of auto-reinvesting (SelfWealth); but I do want to follow this technique
THE ENDING OF THE VIDEO WAS AWESOME!!!
You're math's don't work. $5 X 365= €1825 ÷ 12= $152 a month not $105. Or have I missed something
You’re right on the math. The challenge is that the stock market isn’t open every single day of the year (365 days). So that adjustment takes account for days the market is closed
@@BobSharpe I new there would b something I was missing. 👍🏻
It looks like daily investing is a good strategy, if you plan to invest in a stock that will be declining in value for a longer period of time, before having a run up. If you think the dip will be smaller, with a bigger run up, I'm sure monthly would win.
I would switch to daily if there was no transaction fees. I think this works best if you in a country using a broker that doesn't charge fees. Here in New Zealand every broker charges transaction fee + FX fees. So for myself this is a deal breaker.
Sharsies new plans aren’t half bad. $3 plan gives you $1000 worth of auto buys and $500 standard buys.
same here. I look into opening an account with Charles Schwab. They are open for international investors. And looks like there's no fees
Good video. 👍
Oh! That ending of the video was on point! 🤣
You would capitalize on dividends faster if you were buying in bulk rather than per day. Not sure how much that would have effected the final outcome. Just something to consider!
Oh! That ending of the video was on point!!
What an ending. Amazing as always
Oh! That ending of the video was on point! :D
Woohoo!
why 105$? I am confused. Shouldn`t it be 155$ ? 31x5$ Maybe I missed sth here :)
excluding weekends?
Yes this excludes weekends since the market isn't open
Ending of the video was on point!
Oh that ending of the video was on point !
Thank you!!
Thank you for the file!
Oh! That video ending was on point!
oh! That ending of the video was on point!
Thank you! 🙏
Really good stuff! Would you mind putting the links to the tools you use in your videos in the descriptions? I can always look them up but there have been a few in the past where it is slightly difficult to find the exact tool on a website. Thanks!
Will do!
End of that video was on point.
Thank you! Also, the other reply comment is an impersonator and it is a scam, do not contact them 🚨
Oh! That ending of the video was on point!
I'm a newbie with investing, hoping I can have a profit after some years. I am already 37, boo...
I recently came across your videos and I am enjoying them, thank you!
You can do it!
Somebody made a good point should I do my QQQM in a Roth instead of just Webull so that its tax free when I need to collect? What are your thoughts?
Always max out your Roth. Investments first
@@kevin-mi9tl Thank you! I'll start doing that this year instead. I have two stocks that I hope will generate a lot of money in Webull and it probably makes sense to start investing in there instead. I think the only problem I had is they don't take partial's $5 per day.
beware that the reply comment with a WhatsApp number is a scam 🚨 I do not use WhatsApp
What's the final balance after the year?
Oh! That video was on point ☝️ - ty 🎯
Glad you liked it!
On Point!
This answered my question!
Oh that ending of the video was on point!!
Could you provide a helpful hand. Why when I’m trying to transfer my stocks to actual cash it only gives me put what I put in and not the full earnings at the time. Need you assistance
This guy is awesome…ty for your videos!!!
Thanks for watching!
Oh that ending of the video was on point🤑🤑🤑 (lol)
Nice 😁
Oh! That ending of the video was on point.
I'm confused with the basics atm. People talk about putting in when it's low etc.. so how does it make sense to put in every day or every month? And how does this not effect the balance of your portfolio if the market rises for example and you're putting in at a higher price then before? I'm literally just learning and this question hasn't been answered yet. Thanks for this video and I hope you reply to this 🙏🏽
When keep money at bank its not working for you. You are working for money. Index generally goes up over a period of time. You might gain a bit more when you invest in low. But in long period it doesn't matter.
It is called "dollar cost averaging" You can research that. It is an investing technique.
dollar cost averaging works by putting in a consistent dollar amount. This means that the same dollar amount is buying more shares as the market drops and less as it goes up.
@@AJohnson0325 Yes, putting in $5 a day is exactly that. Better than that crappy Starbucks coffee. I do my own car and home repairs, always get a free estimate or just call, write up a bill to myself and invest the money I saved (minus parts).
@@alb12345672 The regular starbucks drip coffee is horrible in my opinion. I don’t even drink it when it’s free. I go to publix and look for the Lavazza coffee when it’s buy one get one and stock up. It usually lasts until it’s buy one get one again. I wish I knew how to work on cars. Most home repairs or improvements are easy enough with youtube videos but I don’t trust myself to do anything with my car.
OH! THAT ENDING OF THE VIDEO WAS ON POINT!
I like to trade pairs. I wonder if you put $5 a day into VOO or VIG, keeping them both at the same value how you would perform. By having at least two funds, you would always buy the one lagging, helping lower your average cost.
last time i checked, you would have more money with voo but more dividends with vig. If you like dividends check out schd. I have some voo and vig and I’ll just let it sit there but almost all my money is going to schd these days.
beware that the reply comment with a WhatsApp number is a scam 🚨 I do not use WhatsApp
Do the 20/80 rule when Dollar cost averaging. Only dollar cost average with 20% of your income while 80% stays in 5% interest waiting for a market crash?
Correct me if I'm wrong but $5 a day won out in 2022 as the market dropped 20%. Run the same example over 2023 and I believe the latter will win as the market recovered, meaning the more shares you were able to buy faster will give you a lower average cost.
Problem is, we don't know what the market will do "next year".
Surely investing MORE when prices dip, and more again as prices continue to dip, is the best investment strategy?
If I wanna take out 100k for fun down the road can I? And just leave the rest to collect interest? Or do I need to cash out the whole amount.
On point!
is it a better option to do VOO or go with robo advisor?
video is on point. thks❤
This is not a good comparison.. what about the buying fees?
Oh, that ending of the video was on point!
The ending of that video was on point
I'm going to start this 5$ a day on my dividend funds. Genius!
simple explanation investing daily helps make peaks and valleys less severe. You lower your chances of making a bigger loss but also bigger win. Its playing it safe, while investing once a month is more risky but higher potential results. None is superior or inferior
That ending of the video was on point
Thank you!
This is a question of market timing vs all at once investing. In general , since the market on average goes up - the best result is if you invest as soon as you have the money.
Why not just extrapolate this out for a handful of stocks and etf's, for the life of those on the market and graph it out to compare as markets go up and down, to see which one prevails or is one better in general or as it goes down or up.
Can you do daily vs weekly please
Agreed just keeping diverse investment i turn 45 and just started a week ago and already built over 1253 net overall value
Can you do the same video but with a worst case scenario using 2008 as an example??
I really like this approach. I have a 401k through my work, but I haven’t invested much outside of it because it seemed overwhelming. Which brokerage, what stocks, how much etc etc. This video shows how simple and easy you can make investing. Thank you!
So, did you start investing already? It’s been 7 months already since your comment LOL
If the market seems to go up and up do once a month
If it seems to be going down and down do daily
Thank you! How about comparing these to a lump sum for the year?
Great idea!
Thank you for sharing! Your videos are very helpful! Question , is webull safe for long term use? Reason why I ask is what if I start investing but then the app shuts down ?
Wouldn't you get hit with a trade commission fee every time you invest?
on point
Thank you much!
Good job 👍🏻
I do weekly so my money doesn’t sit… when cash is not flowing your losing money whether it’s from the depreciating dollar or spending on unnecessary things.
Oh! That ending of tehhe video is on points 😅 im in my 20s so im just trying to figure out how and what to invest now. Appreciate thie video.
Awesome, thank you!
Ohhh that ending was on point..