HOW TO RETIRE WITH JUST 2-3 STOCKS
Heyyyyyyy darlings, HAPPY FRIDAYYYY and welcome back to my lovely blog, I am Priiincesss, blogger, photographer and new INVESTOR!!! Since I’ve been diving into the stock market I find it extremely OVERWHELMED and the more I learn, the more I invest, the more I crave for a way to make this investing thing as simple as possible.
I’ve came to the conclusion that I don’t want to trade, I want to invest in great companies, grow my #WealthSquad, help my ladies build generational wealth and focus on enjoying my life.
And while there are soooooo many great companies out there but most of us don’t have millions of dollars just sitting in our savings to invest. AND investing 2-10 shares in a bunch of companies is not exactly a solid plan. Meaning, it’s very important to select 2-3 blue-chip stocks and focus on building shares in those 2-3 companies.
So what I did is pretty much decide to select 2-3 stocks to focus on. My first 2 stocks are Apple and Tesla. My wealth plan for Apple is 1000 shares and my first goal with Tesla is 50 shares. And once I reached both my Tesla and Apple goal I will start over with 2-3 new companies.
And how do I pick those companies? Well, the first thing I did was look at my life and the number ONE company I’ve been using for over 10 years now is Apple. I have an iPhone, my very first iPhone was the iPhone 4, I’ve had almost every iPhone since my 1st iPhone, and I currently have the iPhone 11. I bought my first MacBook when I moved to Atlanta in 2009, then I got the MacBook Pro, I’m currently using the MacBook Air. I have their most recent iPad and I’m on year 3 with my Apple Watch.
I also drive an electric car and my next car will be the Tesla Model 3. So I decided to take full advantage of Tesla while it’s low and I’ll be able to buy my Tesla CASH with just 15 shares.
I also look into the company’s financial reports on Yahoo Finance, their plans for new products, their plans for the future, and EVERYTHING they have done within the last 5+ years. And watch them closely as they make headlines. My main goal is to invest in companies that will stand the test of time, not companies that will HAVE to file for bankruptcy after 3 months of dealing with a Pandemic, aka the Corona Virus.
So how to create a retire with 2-3 stocks?
- Turn off ALL the noises
- Make a list of 2-3 of your favorite companies
- Research each and every one of them
- Decide on how many shares you want in each
- And based on your income and goals only invest in those stocks for the next year or so.
- Buy as many shares as you can weekly or monthly.
- And once reached that goal start over with a new set of solid companies.
I truly hope you find this post informative and if you would to join my Wealth Builder Community be sure to check us out on Patreon.com/priiincesss.
And of course, thank youuu sooooo much for stopping by, don’t forget to check out my weekly penny stocks watchlist HERE and of course, if you are new to trading with Penny Stocks and don’t know where to start I have a step by step e-guide of how to get started with penny stocks, grab it, HERE.
And oh, keep up with me on the gram, HERE.