Dividend Investing: ROBINHOOD CHALLENGE For Monthly Passive Income [week 32]

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Dividend Investing: ROBINHOOD CHALLENGE For Monthly Passive Income
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#RobinhoodChallenge #MonthlyDividend #DividendInvesting


Cherry Tung - Finance & Fashion says:

QoTD: How many income streams do you currently have and what are they?
▪ FREE Download Side Hustle Guide 👉https://bit.ly/IDprogramguide
▪ FREE 1:1 Money Game Plan 👉http://bit.ly/gfmschedule

Brian Johns says:

I totally agree, tools are neutral. You can use a hammer to build a house or break a window. Money is the same way.

Plus I like spending money on tools. So what if I haven't used one in a while. When you need that one tool it's priceless.

guess what says:

Such a beauty

Livcotube says:

Are you going to stop using robinhood?

Jake Curtis says:

Dang how old are you? Your ballin😂💸 At this rate you could retire by age 30 and travel the world. Thats my goal with real estate🐸

Walter Bedsole says:

Cherry I have gotten to where I can not wait to see your new posts here and instagram. I had to rewind at 18:00 when you said you have 13 streams of income. Yes that’s a lot but I ain’t mad. Your really inspiring me to try to break that! Stay safe and take care young lady.

Manuel Campbell says:

This is the information that triggered my decision to take action :

W. Buffet starting to sell his positions in Delta Airlines, Southwest (posted 2 hours ago)

Simple Finance says:

Loving how this robinhood challenge is progressing!!! Lol, I hope I can grow my portfolio to be as large as yours. Checkout my channel to see if I ever do.

Manuel Campbell says:

Hi Cherry,
I have done a lot of research over the last 2-3 weeks about the pandemic. And I don't think it's going to be a temporary situation.
In fact, if there is no appropriate action taken by governments, we are likely entering in a depression.
Here is a short definition : https://en.wikipedia.org/wiki/Depression_(economics)

Ontario just posted its scenarios of the pandemic today, planning for a 18-24 months time span with lockdown – open-up – relockdown
US Government plan leaked out in the Washington post 2 weeks ago (part of the coronavirus crash of 2020), also laying out a long time frame of 12-18 months epidemic.
This is all without vaccine. Vaccines could take 6 months to develop in the absolute best situation (aka if we were well prepared). Actual best predictions are between 9-12 months.
Very few businesses can survive a 12 months shutdown, even if it is on-and-off. So, I think after a first wave of bankruptcies coming soon (April) in restaurants, airlines, hotels and retail, we will have second wave later in summer or fall in autos, real estate, and banks.

I think a 12 month "average" lockdown will be devastating to the worldwide economy.
I've decided to start to unload my shares next week. I will start with those who have less chance of survival, and see after for the rest. Airbus, Delta, Tapestry, A&F and Macy's are obvious choices. But I have lot more to unload. I can keep you posted next week if you want.
I think the time has come to get serious about raising cash and limiting losses. This is a painful decision but a necessary one in these very difficult times.

I let you do your own research and decisions. Let me know if you have any question or want more information.
Also, I would like to have your thoughts if you have any.

Livcotube says:

Your always beautiful. Thx for having videos

ProfXavier G says:

Thanks 👍

Michael says:

Cherry you are the Best and im not even kidding. I mean it.
The virus thing, well its all about waiting for the vaccine.
Not the bottom!!! not even close.

Matthew Yu says:

Average cost down Etheruem?

Tim says:

awesome video keep up the great content

Tim says:

amazing content keep it up bro

Money Man Sam says:

Excellent ideas!! Thanks for posting!

John Jackson says:

Ayeeee. 1st time being 1st
I think I will move ahead with switching from M1 to Fidelity. Last straw was M1 being late as usual with new tickers. With RTN and UTX merging today my account was going to sell my shares since they didnt have the new RTX ticker. I called them this morning and they put a pause on my trading so they wouldnt sell. Said I could add the new ticker later. New ticker is still not there. I'll give them until Tuesday. Just sucks that every other broker adds new tickers asap.

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