Investing in the stock market is something we should we doing all the time but should we invest in the same stock and how many times should we buys the same stocks or different stocks? I do things different from other people and I feel like you should what you want to do but in the post lets go over some ways to invest in the stock market and before I begin please keep in mind that I am not a stock expert and I am not giving you any stock advice to follow. This is my opinion about this topic.
Do you invest in the same stock daily monthly or yearly?
This all depends on what you want to do in the stock market as far as making money and investing. We should try to pick different sectors and different stocks in the stock market and build out stock portfolio the best way we can. I invest in dividend paying stocks cause like want that passive income coming in without me having to work for it. My goal is to bring in $500 dollars per month in dividends as my first goal to hit.
With the $500 dollars coming in per month, that can pay our water, light and cell phone bill per month so the money we would have spent on those bills can go somewhere else. So I take 10 monthly paying stocks, I buy enough shares to reach $10 dollars per month then I find 10 more monthly paying stocks and get those to $10 dollars per stock which will be 4200 dollars per month or I can take the first set of stock and get them to $20 dollars per stock.
In invest on a daily basis based and how to market is going. If stocks prices are going up, then I may back off and wait to the market comes down a bit but if the market is going down, then I buy what I can. I buy stocks every 2 weeks after I get paid from my job. I invest year round so I don’t have a set time to invest.
You should invest when you are ready to. My biggest tip is to invest as soon as you can. The sooner you invest, the sooner you will see your return of your money so I say invest in different stocks and invest when you can. Please do your own research before buying any stock on the market. Take your time and have set goals for the stock market and how you want to make money in the stock market?
Please check out my YouTube channel where I talk about the stock market and I break down stocks that I like and why I buy them. Go to YouTube and type The dividend Stock King, into the search bar or use the link here: https://www.youtube.com/channel/UCKIXApIrXdvyajZvKV4VSHg and please like some of the videos and sub to the channel which helps me out with making those videos and writing these blog post.