When Your $5 a Day Investing Goes NEGATIVE

I think I'm becoming the $5 a Day Investing Guy - and I love it! But...what happens when the stock market DROPS and you end up NEGATIVE. Was the $5 a Day Investing even worth it? Or a complete waste of time (and money)? I reveal my portfolio and more on this second week of April 2024, when the S&P 500 has it's worse losing streak since March of 2023.

STUFF I RECOMMEND!*
Personal Finance

Saving Money & Grabbing Deals

#financialeducation #financialindependence #5aday

*Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

[Godfather]

I dont see red in my portfolio……..I see discounts!

[lbarnhill]

They're called diamond hands for a reason. Take out the emotion and you eliminate fear.

[gatorgreen]

im doing 5 a day with Voo, SCHD, BRK.B, and ETH. Im doing good so far thank you Bob

[thrtbr]

Thanks for telling the truth and keeping it real. That's hard to come by in the modern era; it'll even get you dislikes/bans but bottom lines don't lie. It's all about the investor mentality; don't be emotional. Be a robot and not a damsel in distress.

[blinkblinkblink]

I’ve been doing the $5 a day challenge since July. And it’s probably the best thing I’ve done on a consistent basis. It might not seem like the gains are much but it has gotten me to start to focus more on investing and saving for my future. I’m super happy that I stubble on to your videos.

[GonzosTech_]

I’m going to keep my $5 a day going into VOO and now I can take advantage of the lows 😁. Thanks Bob!

[lifevest]

The market was hell bent on rate cuts and now the Fed said “nah.” Of course theres gonna be a pull back.

[PokePond]

The more you invest the more you appreciate downturns. Just lowers your average dollar cost. 👍

[mikecardwell]

Don’t view it as down, look at it as if the stock was on sale.

[leefiutko]

Excellent video and thank you so much for sharing...

[TrappedQue]

I started buying Bitcoin & Ethereum since 2018, not much just $50 a month alternating between BTC & ETH. My portfolio was in the negative for 5 years. However, my portfolio is up 73% as of today.

[thomaschew]

We are putting a lot into FXAIX and SCHD and a few others. The thing is we have no debt no mortgage and a decent emergency fund. If our investments went to zero we still will own our home and feed our faces. But still I think we all need to hear the old saying, invest what you can afford and buy low sell high.

[Quickslver]

Because of your video im investing $5 per day in a brokerage account and an ira. Yeah its not a lot of money right now but i plan on putting more in each month in a couple of years. Thanks for the push Bob.

[rolysax]

I started investing inspired by your 5 dollar challenge Bob. Thank you so much man

[LARRYLARRY]

We are lucky for gaining cheaper price spots. 😁🙏🏾

[Sylvan_dB]

During these long slides when I was just getting started, I made it a game to try and make sure with every monthly statement that my portfolio value did not reduce. In other words, if it dropped, I put in more money. Eventually the portfolio got large enough I couldn't win at the "don't let it drop" game. But that means I won at the investing long game.

[joseph]

I could not agree more its really about how many shares u have in VOO or any stock to see massive long term growth .And here is why lets just say u have 100k Just into VOO when the stock market does good those gains are going to be so massive in 1 day that u will thank yourself u still invested money into the stock market.because people might not think its possible but that 5, 000 u have now in just too 30 to 40 years from now for me it could be 1 million plus in reward.

[lanzcasio]

Longterm DCA: More dip, more share, more future return😊

[lbarnhill]

Can't have higher lows without an occasional leg down.

[DannyReacts_]

Thanks for your investment videos, in 2023 I was down, ever wondering if I could increase my wealth. It was depressing. until I opened my laptop went to YouTube and saw your video. your video saved my life and now I have hope for the future. Thank Bob and I hope to increase my shares and portfolio diversity as the years go by. 😄