GREG’S DIVE

simple investing

Explained like you are 19.

(If you are over 40 and playing catch up, you are also in the right place)

Invest today with 5 easy steps:

Faster than getting pizza delivered!!

Step 1)‍ ‍

Watch this 3-1/2 minute video to guide you through the process.

(Yes, its cheesy, but it’s still relevant today)

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Step 2)‍

Gather the items laid out in the checklist below.

*Personal Info: Name, Address, Date of Birth, Social Security Number and Employer Information, including address

*Bank Routing + Bank Account Number

*Cash to start ($50 works, but more is better)

*Emergency Contact Information

*Some institutions may ask you a couple questions related to your ‘Risk Tolerance’

Once you have the items listed above, click the Fidelity link below to set up a Roth IRA

Step 3)‍ ‍

Set up an Roth IRA account today!

**Disclaimer: I am not compensated by Fidelity , in any way.

Fidelity is what I use personally, because they are easy to use and have services for every phase of life.

Step 4)‍ ‍

When you finish setting up your first account, connect your checking account and deposit $50 or more into your Roth IRA.

It will probably take a couple days for the first deposit to clear, but then it is instant after that.

Step 5)

Buy these 2 ETFS for the rest of your life

SPYM

SCHD

70% of your money will buy SPYM and 30% of your money will buy SCHD.

If you are 20 years old today, invest $200 a month or $100 every paycheck and continue til you are 62, you will most likely have a portfolio worth more than a $1 Million by the time you hit 62.

Fidelity Investing

If you are the parent of a student about to enter college, or you are a student looking for FREE resources to start your journey and don’t know what to do or where to look, check out our resource page!  

(CLICK ANYWHERE ON THE PICTURE BELOW)