One of the best things about investing is that you can do it from anywhere and you can invest right from your phone. Investing has gotten easier with smart phones and anyone can invest. So the question is it better to invest weekly or is it better to invest monthly? I invest into the stock maker using the robinhood app as my broker for buying stocks so I would use the stock market in the post about which is better. If you would like to join robinhood you can click here. The rule of thumb that I use is the sooner you invest, the sooner you will see your return on investment. I am not a stock expert or a money expert so please do your own research before buying any stocks or buying any investments.
The one thing that I learned about investing is that you must invest on a regular basis, you can take breaks and allow your money to work for you but investing is something that you must keep doing. Investing into the stock market is something if you can invest into weekly which I think it works better. I am a dividend investor, so I look for dividends coming in to me for passive income. There is a cut off on dividend paying stocks for example if a stocks pays monthly on the 15th of every month, their cut off to be paid for a dividend is the 2nd of the month to be paid that dividend in that month, then you will miss that dividend cause you waited to long.
I try to buy stocks every week. The stock price goes up and down and the best thing you can do is buy a stock when the price is low when you buy monthly. I know some people can’t invest every week. In fact I get paid every 2 weeks, so I buy stocks every 2 weeks but right now I drive for Uber on the weekends and Uber pays once per week so I use some of that money to buy stocks too. There is nothing wrong in buying any investment monthly. You can invest when you have the money so that’s all you can do but least you are investing into something. Some people don’t even do that so you are one of the smart people who wants their money to work for them.
It’s better to invest into something period, no matter the time line you do it in but I would say that weekly is better than monthly but investing in general is always a good thing to do. If you don’t know what to invest in, check out my YouTube channel called the dividend stock king. That channel is about investing into dividend paying stocks and how to build passive income.
We talk about how everyone needs more than one stream of income and paying dividend paying stocks is just one way in getting another passive income stream going. It’s better to invest weekly if you can but if you can only do monthly do that, there is nothing wrong with that and sometimes life happens and money is not always on hand to use but invest when you can and do your own homework and research before investing into anything.