How to Invest Your First $1000
You are ready to invest and but now the question, how to invest your first $1000? Simple! Buy a bunch of random stocks. I am just kidding, do not do that. That is how you will lose your money. Investing is about research, patience and taking risks. Everything is a risk in life; you just need to navigate it based on what you are comfortable with. Are you the type to bet a little or bet a lot? Only you can answer that question.
I have picked a few stocks that will be good first picks for you if you are just starting out. Check back again as I will be starting a series with increased budgets.
DISCLAIMER – I am not a licensed broker, lawyer, advisor and everything in between. I am simply a person who loves to invest. The stocks below is my own opinion on what stocks you should choose. Please consult a financial advisor or stock broker for professional advice.
| Ticker | Stock | Percentage |
| JEPQ | JPMORG. NASDAQ EQUITY PREM. INCOME ETF | 15% |
| BEN | FRANKLIN RESOURCES INC | 20% |
| KO | COCA-COLA CO | 20% |
| O | REALTY INCOME CORP | 30% |
| T | AT&T INC | 15% |
The following stocks have a good history of paying dividends and are solid companies. This is a good starting point if you are looking to invest. These stocks also pay out dividends so they will pay you to own them.
COCA-COLA CO (KO)
- $55.48 per share
- 3.29% dividend yield
- $0.46 per quarter
- 1995 first div. payout.
FRANKLIN RESOURCES INC (BEN)
- $24.21 per share
- 4.88% dividend yield
- $0.30 per quarter
- 1995 first div. payout.
AT&T INC (T)
- $14.67 per share
- 7.39% dividend yield
- $0.2775 per quarter.
- 1887 first div. payout.
REALTY INCOME CORP (O)
- $48.99 per share
- 6.15% dividend yield
- $0.2560 per month
- 1995 first div. payout.
JPMORGAN NASDAQ EQUITY PREMIUM INCOME ETF (JEPQ)
- $46.84 per share
- 11.50% dividend yield
- $0.417190 per month
- 2022 first div. payout
No stock is safe, but these are good ones to start with. Let me know how your first trade went or tell me about some stocks I did not mention. Thanks for reading and stay tuned for the next article in the series.
