For Immediate Release
Chicago, IL – March 20, 2017 – Today, Zacks Investment Ideas feature highlights Features: McDonald’s (NYSE: (MCD - Free Report) – Free Report ), Coke (NYSE: (KO - Free Report) – Free Report ) and Etrade (NASDAQ: (ETFC - Free Report) – Free Report )
How to Invest in Stocks for Beginners
I’m BAAAAACK. Dave Bartosiak with Trending Stocks. People tell me all the time, “Dude, you’re in stocks. You must be rich.” Well, I do alright but I’m not rich. But I do know that over time, at this pace I will have a fat nest egg for my future ex-wife to take half of. You don’t have to be a billionaire, a baller or bald like me to invest. You just have to start. Like growing a beard. #BeardGameStrong.
Start small. Investing doesn’t have to happen a million dollars at a time or even a thousand dollars at a time. You can start by putting aside a hundred, or fifty, or half your bar tab. How about part of that tax return? Don’t do something stupid and put that money down on a Bentley.
Invest in what you know. If you eat a hamburger and drink a coke every day for lunch maybe you should buy stock in McDonald’s (NYSE: (MCD - Free Report) – Free Report ) or Coke (NYSE: (KO - Free Report) – Free Report ). Wear crocs with dress socks to weddings, you can buy Crocs. If you shop at Sears then, wait a minute, nobody shops at Sears but you get my point. You’ve got great investments all around you and you don’t even know it. You’ll be more interested in what you’re invested in and you’ll have more faith in the stock you bought.
Guys like Jim Cramer say you should invest your first $10,000 in index funds. Jack Bogle wants you to invest all your money in index funds. That’s all fine and dandy but where’s the fun in that? It doesn’t have to be that boring. If you feel confident in a company’s long-term prospects, it’s fine to invest in them. Since you’re only investing a little bit of money, you don’t have much to lose. You’re broke, remember?
You can start by opening up an account with Sharebuilder, orEtrade (NASDAQ: (ETFC - Free Report) – Free Report ), or Zacks Trade, or whoever you want. The important thing is just to start. You’ll be shocked how quickly it adds up. Compound interest baby. $100 a month at age 25, compounded at 6% a year for 20 years comes to $46,000. I know you go hard but I think most of us will make it to 45. At 55 it's $100k, at 65, over $200k.
Don’t be embarrassed if you haven’t started yet and you’re old. Anthony Bourdain recently revealed he didn’t have a savings account until he was 44. He spent a ton of money on luxury vacations and weed. The rest he wasted. Now look at him. He’s rich.
The real secret to riches in this game is to keep at it. Continue to save, invest and watch your money grow. Don’t be discouraged if your stock picks are horrible and you lose money. Our competitors will give you job. You need to get invested so you can learn how to manage your emotions when it comes to money.
Remember, it’s just money. You’ve been wasting it your whole life on thirty racks of Miller High Life and books on the Venetian arts. At least by investing you’re giving yourself a chance at future.
Chime in the comments section below and let me know how you got started investing. Subscribe to the YouTube channel, Twitter @bartosiastics and come back here for all the Trending Stocks with Zacks.com, I’m Dave Bartosiak.
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Brian Bolan is a Stock Strategist for Zacks.com.
He runs Stocks Under $10 Investor service where he looks for low priced stocks that are seeing positive earnings estimate revisions. This popular service has seen some strong early returns and offers a free trial via the Zacks Ultimate service.
Brian also runs the brand new Zacks Game Changers where he looks for stocks that are disrupting their industries and reaping big gains.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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