I Invested $5 a Day for 27 Months. Here's What Happened.
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2 ай бұрынA long time ago, I decided to start investing $5 a Day into the Stock Market using an S&P 500 index fund. In this video, I reveal how I did this, my latest portfolio update, AND what how this $5 a Day challenge performed compared to common KZfaq Hype Stocks like AMC, TLRY, PLTR, and more!
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#financialeducation #financialindependence #5aday
In this video we are chatting about:
1. What Investing $5 a Day Looks Like after 27 Months.
2. My Robinhood Portfolio Update since January 2022
3. A Real Comparison between the KZfaq Hype Stocks and Index Fund.
*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
@BobSharpe 2 ай бұрын
What are some other great Hype Stocks talked about here on KZfaq that we should analyze in a future video? Get started on your $5 a Day Journey with Webull - they'll even give you some free stocks when you open an account ► averagetoamazing.com/go/webull/
@WinstonBernard-is9um 19 күн бұрын
Nvidia
@putjesusfirst9217 11 күн бұрын
Can you do one on crowdstrike?
@putjesusfirst9217 11 күн бұрын
You think magnificent seven is good to invest in
@link2187 Ай бұрын
My opinion of investing in index funds: if the fund tanks, it's because the index tanked, which means the economy is in shambles and the state of my portfolio is probably the least of my worries.
@BobSharpe 19 күн бұрын
SO true!
@NoVaRedacted 2 ай бұрын
My $5 a day quickly became $60 a day. I’m obsessed.
@destroyer5823 2 ай бұрын
How is it going ?
@david_gamer5165 2 ай бұрын
me too :)
@thisis4music 2 ай бұрын
This is the way.
@alpha9605 2 ай бұрын
@@thisis4musicthis is the way.
@DanTheStripe Ай бұрын
There certainly are worse things to be obsessed to than investing 😅
@joseaod15 2 ай бұрын
I started investing $20 back in 2016 because it’s all I could afford. Little by little I invested more and now have a six-figure portfolio
@HeyJaredHowYaDoin 2 ай бұрын
Damn, that's awesome!
@AFROVISIONSMEDIA 2 ай бұрын
Wow. $20/day in the S&P500?
@cartertaylor2702 Ай бұрын
@@AFROVISIONSMEDIAI also wanna know this
@StationaryJX_ 19 күн бұрын
@@AFROVISIONSMEDIA did u figure it out ?
@fruityfridays9620 16 күн бұрын
W
@elzaocean 2 ай бұрын
Immediate like for the consistency
@andrewsdelahoz5248 2 ай бұрын
I love this approach of investing, specially, for international folks like me where putting 20 dollars a day or a 100 a day is challenging. 5 dollars a day is not a lot but it gets you started and it builds the habit.
@drsonnysell4471 2 ай бұрын
I'm proud of you for being able to be consistent because that's the key to success is it consistent daily application of your idea...
@andrefl4641 2 ай бұрын
Thank you! This was super useful!
@gatorgreen4344 2 ай бұрын
I started 5 a day on July 12th 23 when I saw your video. I am up 8.13% right now. I am also doing 5 a day with BRK.B just to see what happens. Looking good so far. Thank you brother.
@angelreyes3235 2 ай бұрын
This is such a great video.
@TheModernTeachingsAndHealings 2 ай бұрын
Will you make a video comparing smart mix portfolio & personal portfolio . Not sure which I should do & would like more data on the comparison. Thanks
@patientpicker9629 2 ай бұрын
I picked 5 single stocks and invest $5 a day in order of worst performing on Monday to the best performing on Friday. I’m up 30 percent. Kraft, Exxon, apple, PNC and union pacific railroad. All on Webull and uninvested money is earning interest in the savings account. Enjoy your videos
@drsonnysell4471 2 ай бұрын
Thanks Big Bob
@rickwalker5203 2 ай бұрын
I started investing $12.50 a day starting April 1st, 2024.
@SeaTurtleToes 2 күн бұрын
how's it going now?
@danijelperkic5037 11 сағат бұрын
how its going now?
@Daniel-bv2ur 2 ай бұрын
Would appreciate your thoughts about tencent hld.
@MrDmoney1984 2 ай бұрын
My 5 dollars a day started back in November……. Small dollars add up and I’m excited about my future thanks bob for helping me get started
@salsabila786 20 күн бұрын
My £100 a month in 2013 whilst I was a student, which increased to £300 a month in 2016 and £500 a month in 2018 is now in 6 figures. I'm more than 200% up on total deposits, it's in an ISA so tax free in UK. Was 70% individual stocks until 2016 when I watched a Warren Buffet video, since it's been 95% Index/ETF. Earlier you invest in Index fund and stay consistent and patient, ideally not even look at the fund, have it automated and look back annually. I only invested what I didn't need for my living expenses and see it as detached from me, in 13 years I'm retiring at an age whilst my body is strong instead of 50s, 60s.
@Cyrisnyte 2 ай бұрын
I would really like to see your thoughts on HROW.
@coryjohnson9081 24 күн бұрын
I make $33 an hour currently do i figured i would invest 1 hour of my 12 hour shift since after 8 i mske that back up in the 4 hours of overtime daily. So if anyone struggling with how much to invest just do your hourly rate everyday or pick up a couple hours of ot and invest the overtime income judt an idea i hope this helps someone
@wescald 2 ай бұрын
My guy spitting! Literally
@tylersucher8653 2 ай бұрын
Even if you can’t do the $7.27/day, and just do $5 or $6 it still makes great gains. I love this. Even if it’s $1/day if you have to cut back for a little bit it still working! This is what I do with my Robinhood portfolios and I love it!
@donaldlyons17 Ай бұрын
What you talking about $1 is not even close to the same as $7.27, $5, or $6 the outcomes is numbers based not behavior based.... KZfaqrs don't tell the truth always that a high income or a very low spending rate or very low expenses is the key to having options.
@Red_Dead_Entertainment Ай бұрын
@@donaldlyons17 bro said $1 investing :DDD
@zzzcocopepe Ай бұрын
Phil town talks about investing in what you know. So it would make sense to invest in nvidia if you're familiar with that industry in that market. You would know when to get out and when to get in
@Yay1.0 2 ай бұрын
It would be interesting for me to hear your opinion on: A: Xiaomi B: Alimentation Couch-Tard C: Rolls Royce D: Crocs Thanks :)
@thekingofkingsrp 27 күн бұрын
I started doing the voo and eth yesterday. I also got some nvidia and sofi technologies.
@omaraziz6946 2 ай бұрын
This is absolutely great. I do between 20 and 40 a day. Grows pretty fast.
@lifeofagameranger6884 15 күн бұрын
Im going to be starting this extremely soon. I have a retirement plan, however it doesnt hurt to invest extra where i can. Thank you. I never thought of doing small increments consistently. I always thought that i would need anlarge lump sum to start with, but that is simply not true. Thank you for this
@Salty 11 күн бұрын
Please do a video on QBTS stock.
@barrettstreeter1850 2 ай бұрын
Waiting on these every month! I Enjoy the videos Bob🫨
@conv1cted752 Ай бұрын
Tried to use ur webull link, but it says the offer ended in 2023 and alit of misspelled words. Might want to check the link.
@rana_ny Ай бұрын
smart man.. thanks
@jboogie5992 15 күн бұрын
I love VOO I been looking at them as a nice ETF to get started so let’s say I put $50 into it should I continue adding $5 a week or day?
@WolvLucks3X3 2 күн бұрын
Do you invest 5$ to fractional share? Or u invest until u hit enough to purchase a stock?
@Ceez518 2 ай бұрын
Cool video. Analyze “MU” micron technology
@WCUPride 2 ай бұрын
Can you break down Sofi?… I’m not “all in” on it, but I do have a recurring investment in it. Me looking at it, it looks poised to grow. It’s turning a profit for the first time, and is continuing to reduce its debt, but it’s been kinda stagnant.
@masonnorth1 2 ай бұрын
i’ve read and done some research just wondering if all or most s&p 500 stocks offer about the same increase on a consistent basis or if one is better than the rest
@ZootScootBoogie 18 күн бұрын
Well, the idea of having an ETF is even if 100 of the stocks are sucking, we’re hoping 400 are doing well. Remember, you’re not a day trader. Trust the big guys.
@Stemanar 18 күн бұрын
Right now I'm doing the max match at my job into the typical index fund, and then another $100/week into schd in a Roth. Best strategy? Maybe not, but it's better than not investing at all!
@BrunoRibeiroComboios Ай бұрын
Unfortunately at the time I made a huge mistake and listened to Financial Education Jeremy and put a bit over 25% of my portfolio on TTCF, lost everything. And another 5% on CRSR, but that one might still have some chance to recover a bit, holding that one. Lesson learned the hard way.
@pmd5428 Ай бұрын
I listened again and still unsure, tell me; when on the daily purchase, does the app buy at the low of the day? Also, you spoke of purchasing daily, then you went to the application sheet to check the boxes and there was not box for daily. Just monthly, quarterly and yearly and you got excited saying it would be great if able to buy daily.
@jamescares9003 2 ай бұрын
when you set up auto payments does it come out of your buy power balance or does it withdraw from linked bank account every day?
@KeepStackin.999 Ай бұрын
You can set it to the back account or buying power.
@EscoladoWuant Ай бұрын
Man could u talk about fisker $fsr, was that a bankrupcy thing (i lost a lot of money)
@leefiutko6358 2 ай бұрын
Would it be easier to buy five dollars of crypto on Saturday s and Sundays? Keep it more even?
@brakmaster Ай бұрын
I made $10K profit in PLTR, trimmed the fat and no longer have skin in the game but still own a considerable amount of shares. I am very optimistic about PLTR's future but it's better when you hedge your position because everything could go south very fast.
@DanielGonzales-di6tq 2 ай бұрын
Awesome video.
@2WinorNt 2 ай бұрын
TSLA, NVDIA, and BABA
@Kmac23YT 2 ай бұрын
Is voo good enough or should I be in more? Like vgt or schd? Or should I focus on just one ETF?
@dominickgalinis3210 Ай бұрын
It’s really up to you. You can literally “VOO and chill.” But you can always do more if you want to get in the weeds of it.
@boyasaka Ай бұрын
Many etfs have got a huge overlap so if you do pick a few , make sure they isn’t a huge overlap
@blktauna 2 ай бұрын
I have a few single stocks for entertainment but the bulk of my money is in SCHD, SPYI, TLT, VTI, JEPI... boring crap because I don't have the constitution for chasing the 10x. I mean I will put 10$ in something for fun but that's it. I do 23$ a day and the growth has bee great.
@luciandumitru5145 21 күн бұрын
365 days, it’s open market?Wow! Non-stop!
@drsonnysell4471 2 ай бұрын
I agree with you. I'm a firm believer in the $5a/day philosophy...
@ArsenalFan-gf5ww 2 ай бұрын
However, if you invested £500 a month, rather than that £5 a day, you're in the market for a longer period of time, which means, historically, on average, you'll be up on those who invest daily
@levimanning2311 2 ай бұрын
@@ArsenalFan-gf5wwhe actually showed statistics and that is the opposite of what he found
@ArsenalFan-gf5ww 2 ай бұрын
@@levimanning2311 over a significant amount of time, lump summing compared to adding daily will return greater results, simply because of the sheer volume in the market compared to if you do it daily
@glitchrexouium4023 Ай бұрын
i dont even have enough for food every day
@allenlee9088 Ай бұрын
Hi Bob Sharpe, I will like to ask for investing $5 Daily is you buy the stocks everyday $5 or monthly buying the stocks like one shot buy $155?
@newyorkian1 Ай бұрын
everyday 5$
@islemisawesome6145 Ай бұрын
If you watch the video he mentions multiple times he buys 5 a day
@haroonshafqat117 2 ай бұрын
Can you help me about this ?
@udontknowm3722 Ай бұрын
The Thing is with "Big and most talked about Stocks" is , almost all Hypestocks went down cause of Growth Problems , like Cisco Systems . Stocks like Microsoft , Amazon and Nvidia and so on they got Growth Rates out of this World . My believe is they still be on Top in 10 Years , they are newcommers for sure but nothing like Microsoft or Amazon .
@sergesimons335 2 ай бұрын
How is your ethereum doing😏
@matthewfarrell317 2 ай бұрын
To be fair to the meme stocks, it wasn't about making people rich, it was literally about stopping short sellers etc from shorting the stock and walking away rich while collapsing companies. You can tell it was effective because lawmakers tried to change the rules to stop it. You only keep the stock for roughly as long as it's going up and drop it when it comes back down. It's a short term thing.
@mysticery 6 күн бұрын
Do you have pay any commission fee? Because I thought of doing it daily as well. Then realized the commission fee was ⅓ the investment 😭😭😭😭😭
@tylerfreeman6731 2 ай бұрын
Could anyone explain the “all” on Robinhood? Could you take that number and subtract from your balance and that’s how you figure out how much you’ve invested? Or how can you figure out how much you have invested?
@barrettstreeter1850 2 ай бұрын
Market value - total return = how much you’ve invested ;)
@skeletonbeats6483 2 ай бұрын
If you click on the very beginning of the graph when you select all it’ll say 0.00 growth and tell you how much you’ve invested in total for your stocks.
@SilentEagle2029 2 ай бұрын
Instead of doing 5*365, you could just do 5*365.25, so that every 4 years you make up the extra day for the leap year with that extra 0.25, instead of having to change your investment amount every 4th year.
@bigbuck695 2 ай бұрын
Dca would be awful tho
@vidainvestor 2 ай бұрын
The QQQM give better returns but VOO sp500 is better diversify
@bigtank6709 2 ай бұрын
Thanks bro 😎
@alexsherratt4638 Ай бұрын
how do you invest every day, when the invest managers need to allocate your money. doesnt it usually take a few days for them to get the money and then allocate it all?
@Stemanar 18 күн бұрын
I'm sure he just deposits a lump some into the account, and then it automatically just pulls from the balance
@ralphfilipowich7053 2 ай бұрын
Bitcoin?
@katherinekan9643 2 ай бұрын
I was investing in YHOO!
@oregondeb1971 2 ай бұрын
What happened to the Ethereum $5/day buy?
@BobSharpe 2 ай бұрын
That’s still rocking too. As of today up 98.65%!!
@Lulomo 2 ай бұрын
GE has made a big turn around though, don't sleep on them
@ptm007 2 ай бұрын
The Altman Z score for GE remains in the distress zone. The ROIC and ratios are also in the lows. There’s better options than GE in the market.
@bubblechaser5369 Ай бұрын
Currently 60$ plus per share for me ... when GE goes so does our infrastructure
@robertswift6101 2 ай бұрын
instead of everyday i only buy on red days and just roll the money over into that day on my ira schd and jepi
@akhere4279 2 ай бұрын
I am in Canada. Which ETF should I do like this $5 day in Canada?
@caliorbustarika3310 2 ай бұрын
XEQT or VEQT.
@cantgetright742 Ай бұрын
Just got done watching the after 1 year video. Had to go hunt this one down.
@bubblechaser5369 Ай бұрын
Same here ... only I'm 5 days behind ya
@Bryancm2792 2 ай бұрын
Williams Sonoma had a very good growth recently, which gave me positve results, what do you think?
@sakidickerson 14 күн бұрын
The index stocks are great for long-term but when people talk about the hype stocks going to the Moon they're not talking about over 5 or 10 years they're talking about within a year generally riding the wave until the Apex people need to understand those are short-term Investments
@BobSharpe 14 күн бұрын
Great point!
@johnhansen4550 Ай бұрын
I do financial planning seminars for churches and I am going to share your excellent example of dollar cost averaging
@vento4484 2 ай бұрын
Should I do this in a Roth IRA ? Or a normal brokerage account
@dillard715 2 ай бұрын
Most people try an max out their Roth and then the rest of year a normal brokerage or a traditional Ira. But I’m not a financial advisor
@marcusmcintyre3428 2 ай бұрын
What about trying that comparison on element79 or lithos (LITSF)
@oscar_vsyoutoube 2 ай бұрын
How about a growth ETF like SCHG?
@soulseeker42388 2 ай бұрын
VOO is a growth etf. Just has the S&p500stocks (which is currently tech heavy
@odedraz7685 19 күн бұрын
I have been buying 300$ of Microsoft shares and 300$ of VOO a month since 2018
@RealKered 22 күн бұрын
Would probably be more optimal in roth ira using a respectable brokerage like fidelity or vangaurd, great video though
@BobSharpe 22 күн бұрын
Absolutely agree! I already max out my Roth IRA each year, so that's why I put this in a taxable.
@johnniesohn-zm7bv Ай бұрын
What are your fees for only 5 dollar transfer? The fees add up to the point where it doesn't make sense?
@waellafer3039 Ай бұрын
that’s what i was thinking, mine is 10 dollars
@BobSharpe Ай бұрын
Great question! It’s $0 since we are using Webull and Robinhood. Are you located in the United States by chance ?
@johnniesohn-zm7bv Ай бұрын
@@BobSharpe yes I live in Pennsylvania
@dip.2271 2 ай бұрын
i'm trying to do the same thing with SCHB
@Dank-ev9dq 2 ай бұрын
I buy $5 of SPY every trading day
@SARKAZYMYT Ай бұрын
Abbvie makes more sense for cannabis since they do most medicine as a whole including cannabis
@wr3add 2 ай бұрын
Neato
@brandon7t 2 ай бұрын
I made it big on AMC
@brandoncrawford8358 2 ай бұрын
Hey Bob Sharpe, can you start a whole new challenge and do it with us and anyone willing to join? I think that would be fun, and we can all grow together!
@archerfire77 17 күн бұрын
Why does everyone say to cut out Starbucks, its one of the few things that makes people happy and get through the day.
@bestmoney17 2 ай бұрын
What is the commission for each $5 purchase?
@BobSharpe 2 ай бұрын
No trade commissions when you use Webull or Robinhood
@bestmoney17 2 ай бұрын
@@BobSharpe and what minimum commssion via etf vanguard
@HonestGuy-gh9yn 20 күн бұрын
Are there any other good ETF? Is there a website link.whicj shows all good ETF funds...
@mleet3125 14 күн бұрын
I suspect the answer is No, but is there a way to invest in an index fund without buying shares in specific companies?
@BobSharpe 13 күн бұрын
Hey! Certainly want to help but I don't believe I fully understand your questions. Index funds ultimately invest in those specific companies that comprise the index. Are you trying to avoid that all together?
@mleet3125 13 күн бұрын
@@BobSharpe There are some companies in these index funds that people may not like some aspect of how they do business. Is it possible too exclude those companies when investing in an index fund?
@navancognac3227 2 ай бұрын
I lost a lot on $TTCF ☹️
@akhere4279 2 ай бұрын
Is it really $5 which benefits or can it be more or less amount than that each day?
@matthewterry2166 2 ай бұрын
It can be any amount the point is just to invest as frequently as possible. Some people can only afford to do less and some people a lot more. The point is just to invest
@tonyk6154 2 ай бұрын
Hey bob, 55 yr old investor in canada..Invested in vfv and xeqt and qqc.f..would love to know your opinion of my stocks and or what i could do to invest at my age.
@JJ-rr5xk 11 күн бұрын
Did 100$ and still haven't made any money just keep breaking even ???
@dhaferbenmimoun7050 2 ай бұрын
How is keeping uninvested money and only buying x amount every day or week better than investing most of it at once and keeping your investment to a monthly recurrence where maybe time the market if its not going to be the bottom its going to be somewhere close to it.
@coreysagamer 2 ай бұрын
Don’t time the market, it’s TIME IN the market.
@kristjanlenart9461 2 ай бұрын
The tax report when selling this must be WILD. Reporting each 5 dollar investment sepperatley?
@levimanning2311 2 ай бұрын
Modern brokerages and turbo tax allow for a pretty seamless experience where you don’t have to do anything about the amount of trades
@SirMrDany 2 ай бұрын
I still think Apple is heavily overvalued and overhyped. They do too little to be worth that much. Laptops and phones. Thats it, with phones being only like 20% of the global market. That bubble will pop at some point.
@goals9535 2 ай бұрын
Yo real quick can you do wendys? 5 year
@kevinmagness6229 2 ай бұрын
Joby
@swolecole3776 2 ай бұрын
NIO, SOFI, and LCID are three examples of overhyped individual stocks. If the $5 a day challenge is followed regularly over a long period of time, prosperity can result. This video has some useful information.
@itznix6962 2 ай бұрын
Lucid is shooting soon though
@vg6940 2 ай бұрын
@@itznix6962I have 250 units in lucid…let us pray 🙏🏻
@stephenh2319 2 ай бұрын
Rip the tlry stock
@Tiger-sk1ii 23 күн бұрын
I wish I did 5 dollars a day back in 2019 with dogecoin… I looked at the site and it woulda been 100k+
@michaelvazquez9625 8 күн бұрын
All these investment youtube dudes hate starbucks
@pvlad209 Ай бұрын
How would investing 5$ a day be better then 155 a month? You you have gained 2.7% on a 155$ investment since that was the lowest point of the month. You just made a gain of like..1.5%? Sth like that, above de 155 put in by you.