Stock Market is the bottom in?

[Mortenson]

Intel having a good day, up 12.5% at the moment. Hey my 13 yr old put $150 in an etrade account we opened as custodians. What should he invest it in? I want him to learn conservative investing, more of a buy and hold mentality. Stick to an index fund? He keeps looking at Ford and others that are familiar to him. Any solid blue chips right now?

 

[PatinPA]

Intel having a good day, up 12.5% at the moment. Hey my 13 yr old put $150 in an etrade account we opened as custodians. What should he invest it in? I want him to learn conservative investing, more of a buy and hold mentality. Stick to an index fund? He keeps looking at Ford and others that are familiar to him. Any solid blue chips right now?

I started a personal investing account less than a year ago and VOO and VTI are up 15% and 13% in that time. QQQ is up 12%. I put a little money out of every paycheck into it and I buy a little more every 2 weeks.

If you want him to make money quick, follow autotrader on instagram and just buy whatever the politicians buy. They haven't missed yet for me.

 

[jsasker007]

Intel having a good day, up 12.5% at the moment. Hey my 13 yr old put $150 in an etrade account we opened as custodians. What should he invest it in? I want him to learn conservative investing, more of a buy and hold mentality. Stick to an index fund? He keeps looking at Ford and others that are familiar to him. Any solid blue chips right now?

Ford has been trading sideways for years. I would stay away from that. Walmart is a good strong stock with a future and a dividend. jmo

 

[jsasker007]

GNK might be a good one too. $150 will only get you 1 share of walmart but it would get you 10 shares of GNK and they are at a good price to buy right and also have a decent dividend.

 

[jsasker007]

Any stocks with a dividend you can set up the DRIP so the dividends automatically reinvest and buy more shares of that same stock. Just putting that out there for anyone who maybe hasn't heard about the DRIP program. Dividend reinvestment program. Having only 1 share would take a while for it to grow into anything.

 

[Brian662]

For as long as he has to stay in the market, I'd go with an index fund - buy and hold.

 

[wooduck]

Any stocks with a dividend you can set up the DRIP so the dividends automatically reinvest and buy more shares of that same stock. Just putting that out there for anyone who maybe hasn't heard about the DRIP program. Dividend reinvestment program. Having only 1 share would take a while for it to grow into anything.

Cant go wrong with any of the major electric companies ,, they pay steady dividends and all have reinvest and with a long window will grow steady ,, very low risk but moderate gains

 

[wooduck]

Cant go wrong with any of the major electric companies ,, they pay steady dividends and all have reinvest and with a long window will grow steady ,, very low risk but moderate gains

hold for a lifetime you would be surprised what time and money does

 

[jsasker007]

To get some bang for your buck and have a few shares of different things I just checked these out at the prices at the exact time I looked at them. For $150.00 you could get 50 shares of SENS. 5O shares of NAK. 100 shares of CNSP and 21 shares of DSX. You could get all of them for $147.91 just a few minutes ago. Just throwing it out there if you're looking to experiment. These are riskier and not as safe but to me it seems like a good deal for the money. DSX actually has a dividend too. 221 shares total might be more exciting and just an example but the numbers are correct at the time I checked the prices.

 

[jsasker007]

Applaud you for getting him involved in investing. Earlier the better.

 

[Angus 1895]

Intel having a good day, up 12.5% at the moment. Hey my 13 yr old put $150 in an etrade account we opened as custodians. What should he invest it in? I want him to learn conservative investing, more of a buy and hold mentality. Stick to an index fund? He keeps looking at Ford and others that are familiar to him. Any solid blue chips right now?

ET is a good one for me.

Another one I like a lot is ZIM. These both are under $150 a share. They both have outstanding dividends so the actual share amount will grow if you re invest.

Lately I’ve been shuffling funds to IVV. It seems we as humans actually get in the way of profiting from the market. So experts are claiming just look for low fee ETF s

 

[Angus 1895]

To get some bang for your buck and have a few shares of different things I just checked these out at the prices at the exact time I looked at them. For $150.00 you could get 50 shares of SENS. 5O shares of NAK. 100 shares of CNSP and 21 shares of DSX. You could get all of them for $147.91 just a few minutes ago. Just throwing it out there if you're looking to experiment. These are riskier and not as safe but to me it seems like a good deal for the money. DSX actually has a dividend too. 221 shares total might be more exciting and just an example but the numbers are correct at the time I checked the prices.

NAK has been very very good 2 me.

 

[buckvelvet]

ET is a good one for me.

Another one I like a lot is ZIM. These both are under $150 a share. They both have outstanding dividends so the actual share amount will grow if you re invest.

Lately I’ve been shuffling funds to IVV. It seems we as humans actually get in the way of profiting from the market. So experts are claiming just look for low fee ETF s

I found Zim back this summer, they are my primary dividend stock, I really like it.

 

[Jerry-B-WI]

Intel having a good day, up 12.5% at the moment. Hey my 13 yr old put $150 in an etrade account we opened as custodians. What should he invest it in? I want him to learn conservative investing, more of a buy and hold mentality. Stick to an index fund? He keeps looking at Ford and others that are familiar to him. Any solid blue chips right now?

Teach him to look around his world everyday. Have him think of things you can't do without in life, water, gas, food etc. Find a water utility that pays a dividend, find a power company that pays a dividend etc. Some of the ones I did good with T,YORW, TEL, WEC,NVT,CHD,CAG,MAS,KMI. All stuff you see everyday. You could set up an account with Computershare dot com and buy direct from the companies, no fees either. And definitely teach your kids not to look for homeruns, you're better off with some solid players that will steadily pay you to own them every quarter without much risk. Teach them about the eighth wonder of the world.....compound interest and how you can own it...or it can own you.

 

[BuckSutherland]

Intel having a good day, up 12.5% at the moment. Hey my 13 yr old put $150 in an etrade account we opened as custodians. What should he invest it in? I want him to learn conservative investing, more of a buy and hold mentality. Stick to an index fund? He keeps looking at Ford and others that are familiar to him. Any solid blue chips right now?

If it were my son I'd probably double the investment for him and then split it in half. Keep it simple and go with a couple funds

-$150 into the S and P 500 (SPY).
-$150 into the Nasdaq so you have exposure to tech (QQQ). Tech is where the big gains are made.


If all he ever did was add to those 2 he is gonna kick some ass. If he wants to add buy on the dips. QQQ will dip harder than SPY, but when times are good it will rip twice as hard. I'd be inclined to stay away from ford.

 

[splitbrow]

If it were my son I'd probably double the investment for him and then split it in half. Keep it simple and go with a couple funds

-$150 into the S and P 500 (SPY).
-$150 into the Nasdaq so you have exposure to tech (QQQ). Tech is where the big gains are made.


If all he ever did was add to those 2 he is gonna kick some ass. If he wants to add buy on the dips. QQQ will dip harder than SPY, but when times are good it will rip twice as hard. I'd be inclined to stay away from ford.

Give SPLG a look, same as SPY just cheaper price per share and lower e.r.

 

[bwoods11]

Any other Garmin stockholders on here ?

 

[Angus 1895]

Yes, I bought it after reading this deal.

 

[jsasker007]

SMCI going up and up

 

[Turkish]

Any other Garmin stockholders on here ?

Present! Wish I had more.

I was reading earlier today about ‘a new Starlink integration that gives phones sat-phone capability. I was wondering how this may be problematic for Garmin, and, wouldn’t you know, they’re having a banner day.