Robinhood investing/stock trading - Page 2

I dont plan on doing options trading until i make like $150 in dividend a month. I am making about $55 right now. I wont be adding anymore until there is another bear market like the one last christmas

I have the same as you do, Robinhood. I trade for fun while I get my bearings straight and learn more. I’m not near close to doing margins trading nor options. I’m not about losing money while I learn

I just give money away, its has the same result as me playing the stock market.

I am not a gambling dog.

after last year's crypto catastrophe i'm thinking of just playing it safe for a while with this.
got any advice?

I buy when there are large dips as well. Whether stocks or real estate, the same formula applies to making your money stretch and maximizing profit.

Buy Visa and MasterCard. Their growth will be stable even during recession - people are more likely to spend $$ with card because they don't have cash in the bank.

Buy some Microsoft in tech since it's cheap and has a long way to grow.

Buy mutual fund / ETF. Vanguard total stock (VTSAX / VTI).

Finally leave your emergency fund in high yield saving account like Marcus, then with an expense (maybe 5k - 10k) in your bank's checking account.

Currently I have 60$ invested

Dude high yielding savings for the win. Now that I'm out of a $20k+ mess of a debt, I've been putting those monthly payments towards my HYS...currently fly at 2% with my local credit union. I just need 3 million to live off the interest!

I have a high yield savings account 2.2% and a high risk yield investing account with robinhood.

I think I have a 8-9% interest on about 9K

I lost about 800$ with hmny (moviepass) last year and I am finally positive $40 but that excludes dividends. In dividends i'm probably up $400

Ill be waiting on another dip like Decembers to double my positions.

once I hit 25k and about $150 in monthly dividends ill be day trading.

Robinhood asks for permanent residence. How did you guys bypass this?

I never read anywhere that this is required and I have an open account. Literally asked for my name and ssn. That’s it. Never gave them anything (no ID, nothing).

Only thing they asked if I was a resident or non-resident alien (we are resident aliens under tax law).