Recently, I decided to try my hand in the stock market.
When the stock market plummeted due to COVID-19, I decided that it would be a great time to invest in the stock market. As a matter of fact, I guess I sort of saw it as not only an opportunity, but my patriotic duty as well. I had to do my part to save the stock market and keep it from crashing. And, I prayed I wasn't the only person who thought like I did.
My thinking was, if I invested, and if enough people like me invested, the stock market wouldn't crash. This was the perfect time to invest, also. The stock market had nowhere to go but up.
So, I started out with $25.00.
I work as a cook at a local diner, and sometimes I get tipped. So, I figured, since I didn't make enough to be able to afford much, my tips was free money, and free money should be invested, not spent on bills. So, I started investing my tip money.
I started during the second week of March. By the middle of April, I had over $500 invested, as I sold and re-invested my stocks, learning all I could, and gleaning all of the information I could about my new hobby.
That is where I am now. It is May 20 and I currently have $820 invested. I watch the stock market and take advantage of any opportunity on a daily basis to grow my account. I sell Avon. And, I work graveyard shift as a cook at a local diner. I also rent my two extra bedrooms to two guys who are disabled and get a monthly check. I also do affiliate marketing online. So, I have a lot of cushioning, as well as irons in the fire.
Yesterday, I was talking to a co-worker at the diner about my new adventures in the stock market and what I have learned. She suggested I watch the movie "The Wolf of Wall Street"; so, i did. The movie inspired me to do some research on Jordan Belfort: The Wolf of Wall Street. I found out he has now become a motivational financial speaker. And, I was delighted to find that he even has his own podcast!
When the stock market plummeted due to COVID-19, I decided that it would be a great time to invest in the stock market. As a matter of fact, I guess I sort of saw it as not only an opportunity, but my patriotic duty as well. I had to do my part to save the stock market and keep it from crashing. And, I prayed I wasn't the only person who thought like I did.
My thinking was, if I invested, and if enough people like me invested, the stock market wouldn't crash. This was the perfect time to invest, also. The stock market had nowhere to go but up.
So, I started out with $25.00.
I work as a cook at a local diner, and sometimes I get tipped. So, I figured, since I didn't make enough to be able to afford much, my tips was free money, and free money should be invested, not spent on bills. So, I started investing my tip money.
I started during the second week of March. By the middle of April, I had over $500 invested, as I sold and re-invested my stocks, learning all I could, and gleaning all of the information I could about my new hobby.
That is where I am now. It is May 20 and I currently have $820 invested. I watch the stock market and take advantage of any opportunity on a daily basis to grow my account. I sell Avon. And, I work graveyard shift as a cook at a local diner. I also rent my two extra bedrooms to two guys who are disabled and get a monthly check. I also do affiliate marketing online. So, I have a lot of cushioning, as well as irons in the fire.
Yesterday, I was talking to a co-worker at the diner about my new adventures in the stock market and what I have learned. She suggested I watch the movie "The Wolf of Wall Street"; so, i did. The movie inspired me to do some research on Jordan Belfort: The Wolf of Wall Street. I found out he has now become a motivational financial speaker. And, I was delighted to find that he even has his own podcast!
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