馃敶 Only $1000 to invest In The Stock Market? You are a WINNER! Try these! - YouTube

Channel: David Das - The Number Guy

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If you have one thousand dollars, and you聽 want to get started in the stock market,聽聽
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this video will show you six investing ideas聽 that you can start using tomorrow. Welcome,聽聽
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I am David Das and I want to thank聽 you for watching this video today.聽聽
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Before we move on with the presentation, I would聽 like you to please take a moment to read the聽聽
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disclaimer. I am not a financial advisor and this聽 presentation is for educational purposes only.聽聽
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Please do your own research before investing your聽 own money. Thank you. In this video we will cover聽聽
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six investing strategies, these are couch potato聽 investing, low-cost index funds, fractional聽聽
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shares, Robo advisors, low-cost dow 30 ETFs and聽 stocks, low-cost TSX 60 ETFs and stocks. To save聽聽
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you time I have the presentation copy available聽 for free. Please see the description for details.
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If you are new to my channel, I want聽 to extend my warm welcome to you.聽聽
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If you want to be notified in the future when I聽 upload new videos, I will really appreciate it if聽聽
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you can kindly subscribe to my channel. Thank you.聽 The first strategy we're going to talk about today聽聽
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is called couch potato investing. It was聽 created by Scott Burns in 1991. It is a low-cost聽聽
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diversified portfolio to get the return of the聽 overall stock and bond markets. In the beginning,聽聽
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when it all got started in the USA, the idea聽 was to invest equally between bonds and stocks.聽聽
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Over time though, people have adjusted the聽 above ratios based on the risk tolerance levels聽聽
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as mentioned earlier. The couch potato portfolios聽 have been modified over the years and they can聽聽
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be broadly categorized into four main groups,聽 these are: aggressive, balanced, conservative,聽聽
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and conservative with income, with聽 different proportions of stocks and bonds.
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Few companies came up with an excellent聽 idea of creating model portfolios.聽聽
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One of them is by Vanguard. As you can see, they聽 have seven different risk categories. I have聽聽
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highlighted four of them, and basically, you buy聽 one ETF that will cover that entire risk profile.聽聽
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The second set of the model portfolio is the聽 iShares portfolio. They also have similar聽聽
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seven categories of risk and I聽 have highlighted four of them聽聽
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with the red boxes indicating the聽 ETF that covers that risk profile.聽聽
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The third model portfolio I'm going to talk聽 about today is the TD e-series funds. They聽聽
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have five different risk profiles, but in these聽 model portfolios there is not one particular ETF聽聽
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that covers the entire risk profile, so you have聽 to buy four different types of funds as indicated聽聽
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to have that proper ratio that will be聽 suitable for your risk level. The next category聽聽
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of investing strategy that we're going to聽 talk about today is the low-cost index funds.聽聽
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These are passively managed funds and they聽 seek to track the performance of the overall聽聽
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market indexes such as the S&P500 index in聽 the US, the TSX 60 index in Canada, etc.聽聽
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There are many types of index funds: they聽 can be tracking the overall market index,聽聽
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it can be bond index, it can be commodities聽 index such as oil, gold, silver, natural gas,聽聽
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it can be a country index, or it can be a sector聽 index and many more. We can choose between ETFs聽聽
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or index mutual funds. ETFs are聽 generally available at a lower cost聽聽
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but it needs a more disciplined approach,聽 whereas the index mutual funds are generally聽聽
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a bit expensive, but they can be set on autopilot.聽 This list shows you some of the low-cost ETFs聽聽
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to track the broader US and Canadian stock聽 markets. I hope that this will be useful for you聽聽
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to do further research. The next investing聽 strategy we are going to talk about today聽聽
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is fractional shares. If you have a聽 small account and you're dreaming of聽聽
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buying shares of big companies, this聽 method will help you achieve that goal
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Many brokers in the US offer the flexibility of聽 fractional shares while in Canada to my knowledge聽聽
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only Interactive Brokers offer this聽聽
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service. Jul 14, 2021, UPDATE: Wealthsimple now聽 offers fractional shares in Canada. This table聽聽
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gives you an example of investing thousand聽 dollars to buy five big-name stocks.
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If you're enjoying the presentation so far聽聽
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and you'd like to support my channel I'll聽 really appreciate it if you can like this video聽聽
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and I really want to thank you for聽 that. Let's move on to the next strategy
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The next investing strategy we are going聽 to discuss today is the Robo advisors. They聽聽
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are the low-cost digital wealth managers聽 and investing with them is like investing聽聽
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on autopilot. This investing strategy is good聽 for people who have no time, have no inclination聽聽
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to learn about investing, and they want to have聽 some financial advice at a lower cost. This table聽聽
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gives you an idea of some of the Robo聽 advisors in the US but I will highly recommend聽聽
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please do your own research before selecting聽 any. Robo advisors concept is fairly new in聽聽
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Canada. Here are some of the names that you can聽 do research on before investing your real money.
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The next investing strategy we are going to聽 cover today is the low-cost DOW 30 index ETFs聽聽
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and stocks. Dow Jones Industrial Average is聽 made up of 30 blue-chip US companies but some聽聽
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companies may be better and more suitable to you聽 than the others. This section will talk about how聽聽
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to participate in the DOW 30 index. We can do that聽 through an ETF called DIA or other ETFs like IYY聽聽
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or through low-cost DOW 30 stocks. On June聽 28, 2021, I did a screening of DOW 30 stocks聽聽
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which are below hundred dollars and i聽 got seven names which are shown here.
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The next investing strategy we will cover聽 today is the low-cost TSX 60 ETFs and stocks.聽聽
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TSX 60 index is a stock market index of 60 large聽 companies listed on the Toronto Stock Exchange.聽聽
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Some of these companies may be better and more聽 suitable to you than the others. In order to聽聽
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participate in the TSX 60, either you can buy聽 index ETFs such as XIU.TO or HXT.TO or you can buy聽聽
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low-cost large cap dividend-paying聽 TSX 60 stocks. On June 28, 2021,聽聽
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I did a quick search of large cap dividend聽 paying TSX 60 stocks which are below $100.
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Here are the screening results. Please do your own聽 research before you invest any money in any one of聽聽
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these stocks. Thank you. I hope you found this聽 video useful. I will be very grateful to you if聽聽
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you like the video as it will really support聽 my channel. Thank you for watching. Bye bye.
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you