I Invested $10,000: My First Stock Purchase Ever

[00:03] zero zero zero zero i'm shaking transfer zero i'm shaking transfer okay confirm

[00:21] yo yo can you see that i'm shaking going on okay so that's crazy

[00:35] legitimately doing that because i know people be faking stuff on the internet so that was legit i'm freaking shaking i can't afford it and i'm not saying that to like brag or anything

[00:49] but you see my videos i talk about how to make money online but something i i used to be a drug addict and super broke right i've talked about that a few times but i was down

[01:01] bad before right and through everything i've always been really don't talk about like to this day i hate spending money a single thing besides my taxes right i drive around in

[01:18] a 1500 car for free and i'm just not flashy i'm very simple

[01:31] my merch link down below but i'm just very simple and i like saving money and i hate spending money and you're probably like well why'd you just spend 10 grand and that's not spending

[01:45] like extra to just do such a crazy amount for your first for my literal first ever investment because like i said i'm very frugal i hate spending money so that also means

[01:59] that i have nothing invested right so that on youtube and i'm doing this to show you that not only can you make money but you can

[02:13] also save money so i want to have this channel where i teach you how to make second channel because i've wanted to do this for a long time a second like personal brand channel though not like a no face channel like

[02:25] one where i can talk about like my journey with investing so i went to youtube right here let me share my screen and i created a brand new channel that'll be linked down below if you want to follow along with my

[02:39] investing journey and learn how to save and invest money as well maybe this channel doesn't work out and maybe none of you are interested in saving or investing money you just want to make it

[02:51] but let me tell you this like making money is great but there's people of dollars and they're literally living paycheck to debt right when i was working at the casino making 60

[03:03] grand a year i was saving almost all of that because i lived with a friend and only paid 500 for rent i spent that 1500 on a car you i didn't have a car payment i didn't have any of this crazy stuff

[03:16] so i think that's very important just being frugal and i'm not saying you got to be like what i do i'm a little ridiculous with it to be let's be honest we all want to be rich you know and i've always wanted that

[03:29] but for a while i never thought i would get there you know i kind of just beat myself down internally externally every which way because that's what drug addicts do and it was rough for me for many years

[03:41] so um yeah that's a little deep but you it's just important if you want a real future for yourself you have to invest and that's what i'm going to be showing you like the legitimate way to do things

[03:54] not going to be one of those people telling you to go vet invest in um rich overnight like no this is a on this channel when i teach you how to make money online because

[04:07] strategy as well that's how i'm able to make this investment that's how i'm l able to support my daughter and do all this because the money from my business because i put in the work

[04:21] long term but i also want to show you how to save money and invest that money money invested i i've honestly never invested any money

[04:33] weeble you can get two free stocks valued up to eighteen hundred and fifty dollars the reason i chose weeble is because i like their mobile app it looks it's simple but also they have a great desktop app and that's what i'll be

[04:48] using more so that's why i chose it up to you totally but that's what i'm suggesting and you get some free money so link down below for that but now what i want to do is coinbase right we all know

[05:00] cryptocurrency is the future i may not be a fan of all these altcoins in like it was like 2016 2017. i sold all my stuff so it's not like i still have it pretty funny right but um the reason i'm

[05:14] mentioning crypto again is because coinbase just went public like coinbase just went public like two days ago and coinbase is at 333 that 10k all at once i was talking to my buddy last night we

[05:27] and i was telling him how i should just yolo it because he invested four thousand dollars he invested into tesla's like 55 000 now and with coinbase i kind of feel

[05:40] like it's the same way so i was like dude i should just yolo and coinbase tesla you'd be a millionaire right now you know what i mean just not the right way to invest so shout out to mike you're probably

[05:52] watching this video love you bro but uh so i'm gonna be investing this full ten thousand but that's not the right way to do it off going to gamble right that's literally

[06:04] gambling so i think i'm just gonna put a thousand right so coinbase is at 334 right now and when you're ready to purchase and don't feel like you need to spend ten thousand dollars right this is

[06:17] like five percent of my net worth or my cash put five percent of what you have if you have a thousand dollars what is that fifty bucks right so if you have two thousand dollars put

[06:30] a hundred bucks or whatever you're comfortable spending to invest right you got to have the the mindset short term this could go down stocks only go up stocks don't

[06:42] road it's almost guaranteed that they will go up like for example if we look at tesla and we go to max it was at three dollars but look it like right here you can see it just spikes and not

[06:57] everything's gonna be a tesla you know what i mean but it's absolutely crazy like i said my buddy invested i think it was 3 700 not even 4 grand and 55 000 okay and same with like amazon these crazy

[07:10] and i feel like coin base is gonna be the same because the more bitcoin the world coinbase is gonna do the same and that's

[07:22] that's my opinion that's not facts that's not investment advice but share my journey and my experience and teach you what i learned because i think and it's just good for our future and if you got kids i i just want my daughter

[07:36] do the things i did when i was younger or turn to drugs that's super important and and you will thank your younger self do invest even a small amount of money just 50 bucks a month or

[07:51] lot but over a long period of time it's gonna turn out to be a lot for real so that's enough a yap and i think you get the idea right so right here this is again it may look

[08:05] confusing it just takes watch a couple videos about how to use weibull or how to look at the desktop it's it's really none of this matters okay this is the price it's at right now

[08:17] price it's at right now 335 okay you can either put in a limit order and all that means is let's say wanted to buy it at 300 300 i got to delete this

[08:32] 320 right and you wanted to buy one one stock at 320 okay so the estimated amount would be 320 but it's at 335. so if it dropped all

[08:46] the way to 320 then it would it would fulfill that and then if you have it set today that means at the end of the trading day it gets deleted right so you wouldn't buy it and

[08:58] then gtc is good tell canceled that means that 320 limit price will stay there until you cancel it it's just it's a little extra right like i just

[09:12] want to do market and i want to buy three of them not 13. three of them so that's buying it at the market price and the estimated amount is right here a thousand and seven dollars

[09:24] so i'm gonna buy coin which is coinbase's ticker symbol c-o-i-n pretty sick and this is the first stock i've ever bought first stock i've ever bought let's get it buy coin buying power is

[09:36] insufficient oh that's lame we've credited your account 1000 instant buying power so i i have to buy a little less so this is at a thousand nine could go to limit and we could buy it at 333

[09:51] so that would be 999 so but it's going up like crazy you see what i mean so we either do that or we buy a little less right so that's kind of annoying so it says it takes five business days for all of that to be

[10:05] so i don't know if it'll actually take five business days but that's what it says so yeah this is like the only downfall shares so it's like either i do the limit at 333 and hope it

[10:19] of like it is or i just buy two right i wish i could do i guess i could put more money in and but that seems a little ridiculous all

[10:32] in the limit order it keeps going up but let's hope i don't regret this um i'll add in the extended hours that way it can trade if this happens and the extended hours after the close or whatever

[10:46] so we'll we'll see if it lets us do this so three limit 333 yes yes yes zero dollar commission suck so you see it's right there so buy

[10:58] three 333 so we can exit out of this if we change our mind so it's not a huge but i'm just gonna leave this for like 15 minutes come back and check on it but where i'm not just like making this decision on my own right so i obviously

[11:13] a ton of research before i do anything and let's go and let's go over here so kathy wood she's the ceo of arc invest okay she's the one who predicted tesla's

[11:25] 000 and all that stuff right so she's super good at predictions and all that and she actually bought 246 million worth of coinbase stock and actually sold a bunch of tesla stock

[11:38] to do it and then she adds more coinbase now 350 million but let's hope that coinbase doesn't go to the moon it back down five bucks you know it sucks that i only

[11:53] have a thousand in buying power but that's just how it works with your first so i definitely suggest opening your weeble account and getting your first this it's really simple just click that link

[12:05] you got to give them all this information just like you would with any account that has to do with money so super simple it's super safe and everything's super legit you know so

[12:17] i think this is a huge moment in my life that i'm gonna look back and i really hope you are as well so make sure you subscribe right here the new one thomas garrett's investing if you want to continue seeing

[12:32] content about me investing and teaching you how to save gonna stop right now and i'll come back in like 15 minutes and show you where it's at and yeah well as you can see it's at 3

[12:45] so i don't want to end this video by just not buying anything and waiting so let's just cancel this it is not guaranteed to succeed hopefully it works okay um do i have the money back okay it

[12:59] so let's just buy two shares all right so let's do so let's do market exit out two and that's going to be 6.78 okay so let's just buy it

[13:11] just buy it two 679 okay sure bye well that's the first stock i ever bought and i did it live so that was fun now i do want to mention i wanted to buy some more stocks but

[13:23] obviously i don't get all of the money you saw that i only got a thousand out 000 which kind of sucks but also it sucks because i can't buy fractional shares on weeble which is the one downfall i think it's the best platform

[13:35] at least for me but i'll link down below robin hood's probably the most known but m1 finance is probably the one use a second one it's gonna be m1 finance but robinhood

[13:47] is good too so i'll put links down below to all of those weeble m1 finance and robinhood and you can choose whichever you want subscribe to the new thomas garrett's investing channel

[13:59] investing channel i love you guys truly i i hope you wanna we're gonna make on this channel and if you have any questions at all leave a comment down below i'm happy to help so that's all i got see on the next

[14:11] so that's all i got see on the next video