I bought 2 shares of AMC. I am a newbie to the stock game. I...
I bought 2 shares of AMC. I am a newbie to the stock game. I am still learning. Looking for tips
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JG626 : if you have any questions don't hesitate to ask.
do you have a plan on which stocks to invest in? or you don't have a plan
You want to make passive income or looking into growth
Badass63OP : growth
JunDimayuga : it might be difficult for growth stocks with inflation and high interest rates coming up. I suggest u find a dividend stock for now and get growth later. I have 5 yr plan. LTC pays 6.4% dividend, $0.19 paid monthly. compounded dividend monthly grows big in 5 years. At 8 shares a month(about $280 a month), in 5 years comes out to about 66 million dollars with dividend reinvestment.
JunDimayuga : About $11,000 in 1 year and $100,000 in 2 years.
Badass63OP : Great advice. thanks