Investment thread: get a M1 and commit to at least $50 a week thread

Loose

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128% return every year, very nice :ehh:

I always fear taxes with investments, ex. capital gains. And also the rules on when you can take out money and what percentage..

props on the thread btw, much better place to stash savings compared to typical bank account (0.02% annual growth, smh)
I don't sell out of my pies unless the industry gods to shyt, if you don't sell for a year your fine
 

Loose

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Explain I’m lost I get the app and just put 50 in it every week and and auto buys blue chip stock ? :jbhmm:
Correct you make your own pies, I shared one of mines specifically... however you should do the proper due diligence on one that you think will gather a great return in the future. I set mines up to be big on tech because I think technology is the future. You can breakdown your pies to whatever percentage you want and whatever company. It auto invest shares at a fraction by pie percentage
 

CrimsonTider

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128% return every year, very nice :ehh:

I always fear taxes with investments, ex. capital gains. And also the rules on when you can take out money and what percentage..

props on the thread btw, much better place to stash savings compared to typical bank account (0.02% annual growth, smh)
Why would you fear taxes?
 

cobra

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cant we just copy your 'pie' percentages? these are pretty well known stocks
what is so special about m1
 
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