Looking for a way to get started investing? Why not try Robinhood?


I have been using Robinhood to manage my stocks since late 2019. As I am writing this it has been around a little under 9 months of using the app.

I began by joining and referring my brother and significant other. It was pretty seemless and they were also interested in the free stock that my referral provided.

My current goal is to try to acquire a large amount of dividend producing stocks to help provide a monthly income. The free stocks I was rewarded with were Fitbit and BlackBerry.

Of which, I sold both of these and began to purchase monthly dividend earning stocks.

I had been investing in MORL before the pandemic hit as it proved to provide a monthly dividend and was within the price I wanted to pay for a stock every now and then. During the initial stock crash, MORL crashed from around $13 to around $5.

Having just started out a few month prior, my novice heart dropped. However, EVERYONE and their mom gave the advice of when most pull out the bold go deeper. Well I purchased more of MORL, until the second part of the crash happened and I lost 100% of MORL as its price dropped so low it was delisted.

From there on, I focused my investments on blue chip companies such as Coca Cola (KO) and a few real estate investments. They have proven to be good choices for me thus far as they help provide the largest boost to my account value and I hope they continue to do so.


If you are looking for an easy way to get into the stock market (and I’m no investor but Id say free is the best way to start with anything), then why not give my link a click and obtain your free stock. While adding money will vary depending on your financial situation, everyone could do with a free stock to get them started.

You now have a claim to a stock like Apple, Ford, or Facebook. In order to keep this claim to your stock, sign up and join Robinhood using my link.

– Both you and I would get a free share of stock for you joining Robinhood

–  You can sell your reward stock after 3 trading days

– You have a 1 in 90 chance of getting Facebook, Apple, or Microsoft

– You have a 1 in 100 chance of getting Ford or Sprint

– You have a 100% chance of getting a free share of stock for each friend that you can get to join with your own referral code

The stock is not automatically deposited into your account. You will get a notification (or look in your history/past invites screen) and you have 60 days to claim the reward.


New to Stocks? We’ve got you covered!

As much as trading in stocks can earn you a lot of money, some of us can have a totally wrong idea about it. Trading in stocks is not to be viewed as a short term investment that will churn out a lot of revenue in no time. You can ask people who have experience. It is not that easy. The stock market is unique and a good grasp of the fundamentals is necessary for success. You would likely be concerned about how anybody would want to share a part of their company. Companies sell shares in order to raise money for their start-up or for expansion. This process of raising money is called equity financing. Let’s now take a brief look at some basic terms that you should have down if you will be dealing in the stock market.

Basic terms used in the stock market

  • Share

A share of a stock is simply defined as a fraction of the ownership of a given company. Each share unit is sold at a given price which is the worth of that share. Buying shares of a company makes you share in the ownership of some of their assets and earnings.

  • Dividends

This is your share of the earnings that the company of which you own a share makes. Only companies that have been around long enough pay yearly. The company makes these earnings from selling their products or offering services.

  • Broker

Somebody who buys and sells stock on your behalf is called a broker. They do this for a fee which is called a commission.

  • Stock Exchange

This is the place where buying and selling of stocks is done.

  • Initial Public Offering (IPO)

This is the term for the first time a company puts its shares up for sale. This follows a decision by the company to go public. This results in a transition from private ownership and few investors to public ownership.

  • Open

This is simply the time when the stock exchange opens for trading. It varies from one stock exchange to the other but the same thing happens – people can start to trade.

  • Portfolio

This is a document that contains your investments in a compiled form. You can have as few as one stock and as many as possible.

  • Quote

This is contained in the information about the current trading price of the stocks.

  • Volatility

This describes the stability of the price of a given stock. Highly volatile stocks experience wide price changes very rapidly. With expertise, one can make a lot from these.

  • Yield

This is the percentage of your investment that is returned to you as dividends. It is calculated by dividing the annual dividend you receive by the amount that was invested.

  • Volume

This is the total number of shares bought or sold within a given trading period. The commonly used volume is the daily trading volume. Volume can also refer to the number of shares you purchase of a single company.

Having learned a few of these terms, the next thing you probably want to know is if there are different types of stocks. Actually, there are two major types of stocks.

Types of Stocks

  • Common stocks

With common stocks, the shareholder receives dividends when the company d=pays them and they have a say in shareholder’s meetings.

  • Preferred stocks

With preferred stock the shareholder has priority should the company go bankrupt. However, they do not have voting rights like those with common stocks. They also receive dividends earlier than shareholders with common stocks.

Other types include;

  • Large-cap, mid-cap, and small-cap stocks

Market capitalization is the total worth of shares in a stock. Based on this, they can be classified as large-cap, mid-cap, and small-cap. Those with a large volume ($10 billion or more) are called the large-cap stocks, those with, market caps from $2 billion to $10 billion are called mid-cap stocks, and those below $2 billion are called small-cap stocks. Large-cap stocks are seen as safer by a lot of investors.

  • International and Domestic stocks

Stocks are classified as international or domestic-based on where the company headquarters is domiciled. If it is located in the United States, their stocks are referred to as domestic but if outside the country, international. It is possible to trade in both international and domestic stocks.

  • Growth and Value stocks

Growth shares riskier as their values can fall as sharply as they rise, if not more sharply. They are the shares of companies that are experiencing a rapid rise in sales. Value stocks are relatively less expensive than their peer or their past prices. They are usually mature stocks of companies that might not need to expand much further.

  • Cyclical and Noncyclical stocks

Cyclical stocks are those that are not flexible to economic cycles of recession and prosperity alike. Their demand usually surges when times are good. The noncyclical stocks do well regardless of the economic cycle.

  • Dividend and Nondividend stocks

Dividend stocks are of these companies that pay dividends to their shareholders from as low as $0.01. These dividends qualify as revenue for the shareholders. The nondividend shares are useful investments because they can earn the shareholder a considerable amount of money when their prices rise. At this point, they can be sold at a higher price than they were bought.

Are Stocks the same as Bonds?

No, they are not. Bonds are debts that the company agrees to pay back with interest while shares represent a part of the company sold to raise money. Bondholders can obtain their principal with interest if they wish and they have a higher priority than the shareholders should the company go abrupt. Bonds are not as risky as stocks but they do not have the long-term return potential that stocks have. Many investors are advised to invest in both shares and bonds to be safe.

Sectors in the stock market

Stocks are usually classified according to the type of business they are connected with. These categories include consumer staples, financials, communication services, industrial, healthcare, real estate, etc.