Robinhood Instant Review

Robinhood Instant Review

My Experience with Robinhood Instant thus far: Disclaimer – I deposited $3,000 to invest on Robinhood Instant. I have advocated in a previous post for investors with relatively low starting account balances investing and trading using a personal account on Robinhood. Robinhood pioneered the commission free broker market in late 2014/2015. Now in early 2016, the company has offered a new service, Robinhood Instant.   I got early access to the service by referring a few friends. I believe I got three friends to join, and I jumped to the…

How to Invest in Oil: A Comprehensive Guide

How to Invest in Oil: A Comprehensive Guide

Oil is hovering around $30 a barrel, down from over $140 in 2008. Some analysts are predicting oil dropping as low as $15 – $20 a barrel, but the larger consensus is that we are somewhere near the bottom. There’s increased supply from domestic fracking and OPEC’s inability to put a freeze on production. Combine this with a slowdown in demand from China, and prices have taken a dive over the past couple years. Oil isn’t going anywhere though, and it’s a great time to get in while it’s cheap….

Can Leveraged ETFs be used as Part of a Buy and Hold Strategy?

Can Leveraged ETFs be used as Part of a Buy and Hold Strategy?

Exchange Traded Funds are one of the most revolutionary investment vehicles to come around since they were adopted in the United States markets in 1993. ETFs allow individual investors to track indexes, such as the S&P 500, the DJIA or the Russell 2000, as well as track certain sectors of the market such as financials, telecom, healthcare, retail etc. ETFs can also track commodities like gold, and coffee and crude oil. With over 1500 ETFs available in the US, there is one for just about everyone and anyone. Unlike mutual funds,…

4 Ways to Dollar Cost Average on a Limited Budget

4 Ways to Dollar Cost Average on a Limited Budget

For those unfamiliar with dollar cost averaging, the investing strategy aims to reduce variance when buying (or less commonly selling) a security. It involves buying shares of a security in intervals over time rather than buying the full batch at once. EXAMPLE: You want to buy 50 shares of XYZ and the share price today (Day 1) is $10.00. If you were to execute this trade in full today, it would cost you $500.00. In this example, let’s assume on Day 5, the price of the stock falls to $9.00;…

How to Build an All Star Portfolio with $1000 or Less

How to Build an All Star Portfolio with $1000 or Less

Anyone interested in investing knows the merits of diversification. The goal of diversifying your portfolio is to maximize potential gains while limiting risk. The problem is, with a small amount of money, how do you diversify? Many advisors suggest indexing as a way to gain diversification. Buying an ETF such as SPY, which tracks the performance of the S&P 500 does indeed allow you to gain access to a breadth of stocks in different sectors without having to buying each one individually. While this isn’t bad advice, you can do…