Just starting out! $2000

Hey guys, 26, I have $2000 to start investing. I have $1500 in a Scottrade account and $500 in an Etrade account.

How I plan to use them. Scottrade – Bigger account, safer bets ETrade – Smaller account, more riskier bets (penny stocks, sub pennies etc).

Im in to Technology based stocks, that's really all I'm interested in. I like the idea of investing from a consumer standpoint, and I'm only into technology, so that's that.

I don't want to invest in bonds, as I don't feel I have enough capital to do so.

Strategy:
Invest, wait for it to move up, sell enough shares to gain my initial investment back.

Goals:
build towards real estate investing.

Things I struggle with:
I need to work on due diligence, how are you guys reading filings, how often do you read them? How do you know if you're getting a great deal?

Books I have read:
The Intelligent Investor, this book was a little confusing, will read again.
Warren Buffett and the Interpretation of Financial Statements.

Help me out guys! Thank you all in advance!

Submitted August 05, 2017 at 12:17PM by BrokeButDriven
via http://ift.tt/2uc2q2D

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One thought on “Just starting out! $2000

  1. Invest in what you know. Don’t speculate. Don’t let your emotions get in the way. The key concept to investing is ownership not money value. If you need any tips please don’t hesitate to reach out. Good luck investing.

    Like

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