How To Make Money On Cash App Investing - YouTube

Channel: unknown

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- In this video, we're gonna talk about the one thing
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that everyone cares about.
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How do you make money using the Cash App investing platform?
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If you have any questions throughout this video at all,
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please leave them down in the comments below
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and I will answer every single question you have.
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Real quick, if you want free $5 from Cash App,
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all you have to do is use my link down in the description
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of this video to open up an account.
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Once you do that, when you send $5 to someone,
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Cash App will give you a free $5.
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You're more than welcome to send me $5
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and then I'll refund it to you,
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that way you can make an easy $5
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without having to send it to somebody else.
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So I have my cash tag down in the description of this video.
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First things first, go ahead and open up your Cash App app.
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If you don't actually own any stocks yet,
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you can follow along on my screen
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if you own some on your own, you can go and follow along
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in your own screen.
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So to get into the investing side of things,
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we're going to get go ahead
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and click the squiggly line right there to the right
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to get us into the Cash App investing side of things.
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And as you can see, I have $162.45 invested,
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that's what my portfolio is.
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So if we scroll down, we can look at what's actually
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in my portfolio starting out with Rocket Companies,
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Apple, NVIDIA, Home Depot, Spotify and so on.
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So we're gonna go ahead and actually look at some of these.
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Now there's two ways to make money investing
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in the stock market using Cash App investing.
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The first way is by buying low and selling high.
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And the second way I'll talk about in just a minute.
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So essentially you wanna buy stocks when they're low
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and sell when they're high,
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but you don't always know when they're gonna be low
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and whether they're gonna be high,
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you don't know how often that's gonna happen.
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So you kind of have to do your own research
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to really figure it out.
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But let me show you some examples of these stocks
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that I'm invested in just to give you an idea.
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So the first one we're gonna look at is,
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let's look at Spotify.
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So I'm gonna click on my Spotify stock
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and as you can see, if I scroll down a little bit,
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I've invested $10 and I've had gains of $5.37.
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So that looks like a small amount, right
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but it's all dependent on how much you've invested,
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you've got to expect if you invest a small amount,
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then you're of course gonna get a smaller return
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the larger amount that you invest,
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you're gonna get a larger return.
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So it's a matter of how much you want to risk with investing
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in the stock market.
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What's more important is what is the percentage return.
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That's essentially what really matters,
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not necessarily the dollar amount because like I said,
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it's all relative to how much you're actually investing.
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So to figure out the return based on a percentage,
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what I can do is I can click on those three dots
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and this shows me what my gains are at this point in time.
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So my unrealized gains are 53.7% which is really good,
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that is very, very good.
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Even though I've only made $5.37,
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those returns on a percentage basis are so good.
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Now, one thing to always remember
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is that you don't actually make money until you sell.
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You also don't actually lose money until you sell.
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I'm gonna show you a losing stock that they own
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in just a minute and go over that.
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So in this case, because I haven't sold this stock yet,
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my gains are unrealized,
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that's why it says unrealized gains.
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Now once I sell this stock,
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that's when it's gonna be realized gains.
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If that makes sense, if it doesn't, like I said,
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leave questions down in the comments below
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and I'll be more than happy to answer any questions for you.
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So I'm gonna go head back.
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So I'm gonna hit the X, I'm gonna show you
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a losing stock that I have.
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I'm gonna hit the back button again
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and then I'm gonna find one,
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actually I only have one loser at this point in time,
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believe it or not.
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JPMorgan Chase, we're gonna click on that
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and you can look up top, see I have my port
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or my stock is worth $2.96
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'cause you can buy partial shares.
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So we're gonna scroll down and I've invested $3
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and I've had a loss of $0.04.
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Now, if I wanna see it on a percentage basis,
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I'm gonna go ahead and click the three dots.
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And this shows you my unrealized gains
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but in this case I've had a loss,
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that's why you see the arrow going down.
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Now I am down 1.33% but once again,
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I am not actually I have not actually lost money yet,
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I don't actually lose money until I sell.
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Now, I'm personally a buy and hold investor.
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When I buy a stock, I expect to hold it for a long time,
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years and years, 10, 20, 30 years, a very long time.
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So I am holding onto this stock
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because I'm expecting it to go up,
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I'm expecting it to go back up.
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If you're getting some value from this video,
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please do me a huge favor and smash that thumbs up button.
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So because I'm expecting you to go back up,
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I am not selling the stock.
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It's one thing to keep in mind.
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Don't just sell stocks because they're down,
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hold onto them for as long as you can
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'cause they're most likely gonna go back up
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as long as the company doesn't go bankrupt,
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I mean not all the time but usually
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just as long as it's a nice, strong stable company
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that's been around for a long time,
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then you're usually gonna be okay.
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I don't wanna guarantee it because it's never a guarantee
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but try not to sell when a stock is down
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because once again, that is when you lose money.
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The second way to make money through Cash App investing
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is through an investing in a company we're buying stock
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in a company that pays dividends.
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So not all companies pay dividends.
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Dividends are usually paid out on a quarterly basis.
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One quarter is three months
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so there's four quarters within the year.
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There is some companies will pay a dividend once a month
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or it's usually for most of them,
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it's gonna be once a quarter.
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Now all a dividend is basically a company saying,
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hey, when you own any shares of our stock,
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we are gonna pay you a dividend.
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So for example, if you own Coca Cola,
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their dividend might be $0.30 per share.
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So if you own one share of Coca Cola,
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then they are gonna pay you $0.30 every quarter
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of the year to give you kind of a return.
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So that's another way that you can make money
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through investing in stocks through Cash App.
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Now, if you own a partial share.
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So for example, if you own half a share of Coca Cola
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and their dividend is $0.30,
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then you will actually get $0.15.
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So whatever fraction of that of that stock that you own,
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you'll get the same fraction of the dividend.
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So that's why you'll see a lot of people
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that will invest are essentially dividend investors.
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So they're basically just investing in companies
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that pay dividends.
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So one of the companies that I own
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that pays a dividend is Apple.
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So here is my shares worth $20.30 worth of Apple.
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So in this case I would get a dividend,
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I'm not sure what it is.
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I believe this payout is about 0.10, I think is what it is.
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If I go to my history.
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So if I click that clock right there,
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then it should list where my dividend was, there it is.
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There's the Apple dividend, it's not $0.10,
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I guess it's $0.3.
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So that's the amount of dividend that I got paid
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for the previous quarter.
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So that's kind of cool and that's another way to make money
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and you'll see a lot of people investing
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just for the dividends.
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Once again, not all companies are gonna pay dividends.
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So keep that in mind and I don't believe cash,
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the Cash App investing app actually shows you whether
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or not a company pays a dividend.
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So that might be something that you're gonna have
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to Google on your own, just to be sure
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if you wanna free stock through Robinhood,
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then use my link down in the description to open
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up a Robinhood account.
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Once you do that and you deposit money,
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you will get a free stock through Robinhood.
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If you wanna know how to find stocks
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using the Cash App investing app,
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then watch the top video next.
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If you wanna know how to sell stocks
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then watch the bottom video next.