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Pokey's building your own paycheck thread

Discussion in 'Investing' started by Pokey, Feb 3, 2019.

  1. Pokey

    Pokey New Member

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    The goal is to slowly build up a nice collection of dividend paying stocks that will be held long-term while collecting dividends along the way. Buying at a discount will be important as capital appreciation is a major concern. This account will be long-term investing and not a trading account, options may be used for a hedge and/or income tool.

    It doesn't require a lot of money to invest in the market and you can get started with pocket change.

    For this account ROBINHOOD was chosen because of commission free trades, $200 is the opening balance with $25 being added per week.
    Over time we can watch what simple pocket change invested is capable of producing.
     
    T0rm3nted and TomB16 like this.
  2. Pokey

    Pokey New Member

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  3. Pokey

    Pokey New Member

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  4. T0rm3nted

    T0rm3nted Moderator
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    Welcome to the forum @Pokey, looking forward to following your progress!
     
  5. WXYZ

    WXYZ Active Member

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    Good for you. I too will follow your progress. Sounds like a reasonable plan and you are off to a good start with the savings from the commission free trades. I hope you post the names of the stocks or funds that you purchase.
     
    T0rm3nted likes this.
  6. ElectricSavant

    ElectricSavant Active Member

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