Navigate Select ESC Close

How To Invest $10,000 Right Now

2022-04-25 Education
312.2k
13.1k
945
Andrei Jikh
Andrei Jikh
3.3m subscribers

Unlock all features

FREE: Get instant access to 10 AI summaries, chats, or transcripts per day.

Description

How to invest $10,000 right now: ► Where I Buy Bitcoin: https://gemini.sjv.io/1E3dz ► How I went from Zero To A Million: https://www.zerotoamillion.com ► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP ► MY DISCORD: https://discord.gg/9TVPxj73Bb ► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402 ► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646 ► Follow Me On Instagram: https://www.instagram.com/andreijikh/ ► How I Protect My Bitcoin: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0 My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 Here is how to invest $10,000 right now considering there is a strong likelihood the economy is headed toward a recession. WHAT'S HAPPENING TO MARKETS? The stock fear and greed index which measures people’s sentiment about the stock market is now at 40 and we are officially in fear mode. The crypto fear and greed index is at 24 which means extreme fear in the crypto markets and keep in mind we’re only in April. But Sell In May and go away means that May will most likely be even worse as usually May is not a good month for investors. WHAT IS THE MAGNIFICENT SEVEN LIST? This is a stock list put out by the CNBC - it's composed of 7 tech stocks: Netflix, Roku, Tesla, Peloton, square, PayPal, and Zoom. So far, those stocks are not doing well. WHAT'S BETTER THAN THAT LIST RIGHT NOW? Personally I'm buying the S&P500 as it is represented by one stock which of course is VOO. It represents the top 500 companies in the US, so far I’m down a little but no where near as bad as CNBC's recommendations. I’ve also been buying VTI which represents the entire US stock market and it’s made up of several thousand stocks. I’m dollar cost averaging into this stock every single day. I’ve also been reinvesting my money into VYM which is the Vanguard high Dividend yield etc, I’m up over 39% on this one which is huge because not only am I making money on my dollar, but I’m also earning a 2.6% yearly interest which is translating to a quarterly income of roughly $80 and that’s enough to pay some bills. My other Dividend ETF I’ve been reinvesting into is SPHD - I have a $10,000 position here and that stock pays me $30 a month. While all of these stocks have not made me crazy money - they are also nowhere near as volatile as buying individual tech stocks which are down multi digits. WHY ARE DIVIDENDS SO GOOD NOW? Dividends allow me to continue investing and sleep well at night knowing that even when the stock market becomes scary - I can continue investing for the long term because it is mathematically proven to be the best strategy anyone can do. Buy and hold, long term dollar cost average into broad market indexes. WHAT'S BETTER THAN DIVIDEND STOCKS? Bonds are potentially much better, watch the video to find out which ones and how they work! BEST SAVINGS ACCOUNTS RIGHT NOW: Watch the video to find out *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

Top Comments (10)

@Philip23243 2022-04-26

It's so hard to distinguish between real comments and spam on Andres's channel that I've just stopped reading them. Wish Youtube would do a better job fighting it.

85 4 replies
@ramhee98 2022-04-26

Invested 10k in many cryptos last year and now I'm at 7.5k but I will keep it long term.

33 2 replies
@beakfish7319 2022-04-26

I do want to mention that gold has held its value extremely well through all this, that was the ultimate safe haven, probably still is actually.

13 3 replies
@JoEmAmMaSoN 2022-04-25

Haha! I just asked for this video!! Thank you Andrei!!!

8
@annmannings1840 2022-11-24

Thank you😊 for this video, do you offer account management or have any recommendations?

7 7 replies
@FewAndSecret11 2022-04-25

THanks for the financial advice bro

1
@davidclark6749 2022-05-04

Brother, this gold. I love it. I am in IT and have very little knowledge of Markets, YOU filling the void.

1
@larbielo292 2022-04-25

Get well soon my friend!

0
@Danny-hq8ot 2022-04-26

Looks like you have a cold, Get well soon man.

0
@shonz1989 2022-04-26

Kudos to you bro! Even in sickness - really, who can stop this guy? ✨

0

Unlock the Data Inside
Turn Videos into Knowledge

  • Get FREE 10/day: transcripts, summaries, chats
  • Chat with videos, export text & PDF
  • $1 free API credit for RAG, chatbots & research

Free forever plan • All features unlocked

App screenshot