In this episode, I go over how to invest in stocks with the Public investing app, which is one of my favorite apps! It’s great for beginners to start investing with as little as $1 because of fractional shares, and it also has an awesome social component to it. Check out my Public tutorial!
✅ Sign up for Public and get a FREE stock up to $50: http://pblc.co/digitalnomadquest
How to Invest in Stocks with Public Investing App – Public Tutorial 2022
Transcription
Below is a transcription of the podcast. This transcription was taken from Otter.ai so it might not be completely accurate:
Hey guys, it’s Sharon from digital nomad quest and today we’re gonna do a tutorial on how to invest in stocks with Publix. If you guys are new to the channel, welcome, I’m all about teaching you how to build passive income, become financially free and design your best life. So if you guys are interested in that, make sure to subscribe and hit the bell button to be notified of my latest videos, I want to talk about public because it is one of my favorite apps to investing in stocks right now I’ve been playing with it for many months now, it’s actually been really interesting to use. And there are a lot of things about it that really set it apart from the competition. It’s really one of a kind of my opinion, let me go over why. So first off, it’s a commission free stock trading app. So there are no commissions when you’re trading. Secondly, there are fractional shares, which means that you could buy like a slice of Google or Amazon, you know, Amazon price is over $3,000 Right now, but with fractional shares, you can basically invest with as little as $1. And you can own a slice of Amazon. So it’s really cool in that way. And the last thing that makes it really exciting is it combines social media with investing. Now what do I mean by that, it basically means that, you know, you can see how other people are investing. So there are a bunch of public figures on the app, actually, you know, there are top investors on the app, they’re celebrities on the app, so you can actually check out how they are trading, a lot of people actually put up their portfolio, they talk about what they’re investing in, they give their investing tips, because it’s actually really cool to follow different figures and see how they’re trading. The goal of public is to make investing accessible to anyone. And I think that’s a really great mission. And it’s on iPhone, it’s also on Android. And it just makes it so easy that you can invest with as little as $1. And learn from a bunch of these top investors as well. Now, if you guys are interested in trying out public, you can use my link below and you can get up to $10 in free stock, which is really exciting. You know, I love the signup bonuses. So I try to sign up with different brokerages that I think are really cool. And that can give you some free cash upon signing up. And the cool thing is upon signup, you can choose from a bunch of different top stocks to get your free stock. And it’ll tell you how much it’s worth when you get it. So it’s pretty fun to get started. And it’s really easy to sign up for public, it’s really seamless. I’m gonna go into the app right now and screenshare. So now I’m screen recording, as you guys can see, if you press the deposit button, you can actually transfer money really easily to your public account, you could even put $1 and then, you know continue with this. So if you continue this, this will be deposited into your account. And you can actually access your funds right away, which is really nice. You know, some brokerages, it takes a while for the money to deposit, but they basically allow you to use those funds right away once you deposit into your account as long as the markets are open. Alright, so just to show you guys, I’ll just put in 100 bucks into my public account right now.
So we’re going to continue, press Continue. And we’ve initiated so as you can see, it’s initiated, it’ll be in transit, and then it’ll be settled. But you can actually start using those funds. But you want to make sure that you maintain that balance of $100 into your bank account so that when that transfer happens, you’re going to avoid those issues, right. So as you can see, instant cash unlocked you have 100 bucks unlocked while your $100 deposit is being transferred, we’ve upgraded your buying power by $100. So you can invest right away. So that’s really nice that you can do that. So let me just do an example now. So as you can see, I had like 1100 bucks in this account. And now it’s at 1200. So now you have 200 bucks, you can trade right. So if you wanted to, you can go into the Explore feed, it’ll have different things you can look into, there’s people that I follow here, as well as some brands that I might follow, or actually have, you can see like Tony Hawks, they’re just pretty crazy. You can see the different companies that have had posted their earnings this week, which is exciting. There’s also some that are new to the market, there’s Duolingo, Robinhood, and all these different ones. So it’s actually really cool because it kind of informs you right away, and this explorer feed, it’ll also have meme stocks, even you can look through those, you know, those are more risky, obviously. And they will even give you a warning. If you go into here it says high risk, which is really nice. For example, if there’s low market cap on some of those stocks, it will give you that warning. I’ll give you an example here. So let’s put in this stock right here that I’ve showed you guys see it says low market cap, meaning it’s going to be a lot more risky. So they’re going to give you those warnings here, you can see what it means to if you tap it so micro cap stock. As per the SEC, investing in companies with small market caps can be risky, and you can even learn more, and they’ll give you more information as well. So these are the safety labels that they’re talking about. So basically Publix has like a repository of information that can teach you a lot as well if you’re just like going through the app, not just learning from the feed, but they have like a repository of information. I’ll link it down below if you guys are interested in learning more about stocks and stuff like that from Publix themselves. You can also see their different themes like if you’re interested in ETFs ETFs are like a basket of stocks a collection of securities that are traded like individual stocks and usually ETFs are a bit safer because it’s a little more diversified when you’re investing in those versus individual stocks. One that I like is QQ Q. So let’s look into this. For example right here. I could just show you guys how to invest the way I did it here. I went through the themes, but you can actually just explore it In search it up like I did earlier. And also over here, you can look up stocks, you can look at people tags, like they have it all really nicely categorized. And you can look that up. But let’s go into ETFs. Again, let’s go into QQ Q, basically QQ Q tracks the NASDAQ 100. It’s one that I like. So let’s like go into this. But as a warning investments come with risk, make sure you guys are doing your due diligence, I’m not a financial advisor. So go ahead and do your own research. So for example, if I wanted to invest in cuckoo right now, tap that invest button, you could literally buy $25 of it, you can even buy like $1 of it and then just tap invest. If you wanted to do a limit order, instead, you can tap that as well, you can go back. So that basically means that if it reaches that price, it will execute. But if you did a market order, it would basically execute at whatever the current price is. But right now, it’s not available because the stock market isn’t open right now. I’m filming this at night. So that’s why you can see it’s grayed out right now. And even when you go on the home button, you can see at the top, it has like a night time of the moon and stars up there. And it says the markets are closed. It’s kind of nice that it tells you when it’s closed and things like that. So as you can see, that’s basically how you invest. Another thing I want to add actually is that Publix does allow for dividend reinvestment, which is really cool. So if you go to the settings, the top settings icon and then you go down to dividend reinvestment, you can change it to auto reinvest my dividends, and it will automatically invest dividends into the company that paid them out. So for example, Apple does pay dividends. So instead of putting those dividends into your public account balance, you could just have it so that it’s automatically reinvested back into Apple. So it’s really nice that you can totally do this or you can put it back to save my dividends is up to you. And moving down the Explore feed you can see people to follow these are like verified people on the app, you can see featured profiles, you know, go into this even Ryan, Leslie here is on here, you can see the highlights. So all these people are posting different things, there’s actually a lot of engagement. If you look at the bottom, you can see people are actually posting here, which is really nice. They already have a lot of people on the platform. So there’s a lot to explore here and a lot to learn actually. And it’s just really easy. Like I mentioned, you can invest with like as little as $1, there’s no amount of money, you really need to just sign up be transferred back. It’s just so simple to use. Now with the social aspects is go to the home feed, right you can see people are talking even about crypto and things like that, you can make your own posts, you can tap the bottom right here and you can compose something, you can create a poll for everybody. If you want opinions on how people feel about certain stocks, you can create a poll, you can share insights. For example, if I put an et Cie here, it’ll show the chart and you can put some type of comment here about the chart, which is really cool as well, then you can add tags. So yeah, you can just explore the feed some of these posts say like invested in blank so you can see what they’ve invested in and you can even tip people with their posts. But if you decide you want to just lurk, you can totally do that as well, you can go to your own profile and you can actually change your settings. So if you go into your settings, you can actually make it so that here you can either go like this to show your public portfolio or you know, not do that. And right now I have it hidden but like sometimes when you invest you can show like if you want to make it public you can so here you can see your charts and portfolio. You can go down here you can look at your watch list and things you can add stuff to the watch list. You can also move you know different stocks and things like that into your long term portfolio. I use Publix, but I also use Merrill Edge as well. So this is kind of like my social investing app that I enjoy playing with with my Merrill Edge account. I do have more of my ETFs and stuff like that in there. So I think it’s totally fine to have multiple brokerages but if you want to play with different ones if you want to get the signup bonuses with different ones, that’s what I’ve realized now that like it’s totally okay to have multiple brokerages and do different things with them. So that’s kind of how I use this one I kind of use it to learn more things, see how other investors are investing what they’re different tips are what people are posting about. So it’s actually really fun to look into this public is a good place to kind of look up stuff but it shouldn’t be like your complete educational resource place you know this is like to learn what other people are doing but you should always do your own due diligence and your own research however you can really look so if you go into this stock at sea right you can go through the charts you can see how it’s doing over time and then you can see the about section you can see the company value. You can see so many statistics the rating even and if people are rating as a strong buy or strong sell the price target and you can see the target is $223 That’s what analysts think et Cie will be worth we can also see when the earnings data will be announced they also have all these different things you can see if they offer dividends, you can see their P E ratio they have all the information here you also see latest news which is cool like so any like news articles out about Etsy you can see it here and then you can see on the social like what people are doing with it or people selling it or people talking about it. This is really great to kind of get more knowledge as well. So public is is a great resource. It shouldn’t be your only resource to learning stuff about stocks. But it’s one great one to kind of see what other people are doing and see the data on individual stocks. There’s also the message component here. The third feed, if you want, you can DM people. Again, this is a social platform, which is really nice. You can look up people like I showed you guys earlier in the Explore feed, you can see like featured profiles. So if I wanted to follow this person, I can just tap follow, like I can see what they’re talking about, and see if I want to follow them. So you just tap that and you follow them. So very easy. And then also, if you want to refer other people you can so if you go tap to the front, you can tap free stock, you can invite friends, and earn free stock, like I mentioned, you know, if you guys use my referral link, I also get some free stuff. And you guys can also get up to $10, a free stock, which is really nice. It makes it easy to invite from contacts or copy the invite link, send it to other people so that if they sign up through your link, you make some money too. So go use their referral program. It’s pretty cool. But I just really liked this platform guys, I always feel like some of these apps are kind of messy, kind of hard to understand. But this I just love the mission of this, it just makes it so that it’s accessible to everyone. That’s their mission. And I really believe in that I think a lot of people need to understand that, you know, investing doesn’t have to be difficult. And you can start with just like $1. And even you can allocate a lot of your funds into safer investments like index funds, like Vanguard or ETFs, like spy and QQ and just kind of set it and put it into these long term investments and watch it grow just do dollar cost averaging and put in x amount per month
and just watch it grow. So you don’t have to always pick the hottest stock and in fact a lot of people say that just putting it into index funds and ETFs might actually be whatever you do with individual stocks, individual stocks will be a little bit more risky especially like the lower cap ones, the ones that they have those warnings for so I always like to kind of allocate into longer term investments. I also like to keep my portfolio more diversified I still you know, I invest in real estate obviously as you guys know, as well as crypto stocks all these different things and I try to keep my stock portfolio pretty diversified as well. So I hope you guys enjoyed this tutorial on how to use public actually really liked this app if they had stock I would probably invest in public stock because I love the mission. I love that it integrates social media with investing and it just makes it like more of a community thing when it’s social. You can see what other people are investing in we’re all sharing information and they put a lot of great data points so that you can reference it if you’re looking up different individual stocks and again like I mentioned, this is one resource but also make sure you are doing your analysis maybe through Yahoo Finance or other places that you can do more research on individual Stocks ETFs and things like that but I hope you guys enjoy this episode if you guys liked this episode make sure to comment below let me know what you guys think of public get up to $10 Free Stock upon sign up through my link smash the like button subscribe, hit the bell button to be notified on my latest videos and I’ll see you guys in the next one.
Transcribed by https://otter.ai
So we’re going to continue, press Continue. And we’ve initiated so as you can see, it’s initiated, it’ll be in transit, and then it’ll be settled. But you can actually start using those funds. But you want to make sure that you maintain that balance of $100 into your bank account so that when that transfer happens, you’re going to avoid those issues, right. So as you can see, instant cash unlocked you have 100 bucks unlocked while your $100 deposit is being transferred, we’ve upgraded your buying power by $100. So you can invest right away. So that’s really nice that you can do that. So let me just do an example now. So as you can see, I had like 1100 bucks in this account. And now it’s at 1200. So now you have 200 bucks, you can trade right. So if you wanted to, you can go into the Explore feed, it’ll have different things you can look into, there’s people that I follow here, as well as some brands that I might follow, or actually have, you can see like Tony Hawks, they’re just pretty crazy. You can see the different companies that have had posted their earnings this week, which is exciting. There’s also some that are new to the market, there’s Duolingo, Robinhood, and all these different ones. So it’s actually really cool because it kind of informs you right away, and this explorer feed, it’ll also have meme stocks, even you can look through those, you know, those are more risky, obviously. And they will even give you a warning. If you go into here it says high risk, which is really nice. For example, if there’s low market cap on some of those stocks, it will give you that warning. I’ll give you an example here. So let’s put in this stock right here that I’ve showed you guys see it says low market cap, meaning it’s going to be a lot more risky. So they’re going to give you those warnings here, you can see what it means to if you tap it so micro cap stock. As per the SEC, investing in companies with small market caps can be risky, and you can even learn more, and they’ll give you more information as well. So these are the safety labels that they’re talking about. So basically Publix has like a repository of information that can teach you a lot as well if you’re just like going through the app, not just learning from the feed, but they have like a repository of information. I’ll link it down below if you guys are interested in learning more about stocks and stuff like that from Publix themselves. You can also see their different themes like if you’re interested in ETFs ETFs are like a basket of stocks a collection of securities that are traded like individual stocks and usually ETFs are a bit safer because it’s a little more diversified when you’re investing in those versus individual stocks. One that I like is QQ Q. So let’s look into this. For example right here. I could just show you guys how to invest the way I did it here. I went through the themes, but you can actually just explore it In search it up like I did earlier. And also over here, you can look up stocks, you can look at people tags, like they have it all really nicely categorized. And you can look that up. But let’s go into ETFs. Again, let’s go into QQ Q, basically QQ Q tracks the NASDAQ 100. It’s one that I like. So let’s like go into this. But as a warning investments come with risk, make sure you guys are doing your due diligence, I’m not a financial advisor. So go ahead and do your own research. So for example, if I wanted to invest in cuckoo right now, tap that invest button, you could literally buy $25 of it, you can even buy like $1 of it and then just tap invest. If you wanted to do a limit order, instead, you can tap that as well, you can go back. So that basically means that if it reaches that price, it will execute. But if you did a market order, it would basically execute at whatever the current price is. But right now, it’s not available because the stock market isn’t open right now. I’m filming this at night. So that’s why you can see it’s grayed out right now. And even when you go on the home button, you can see at the top, it has like a night time of the moon and stars up there. And it says the markets are closed. It’s kind of nice that it tells you when it’s closed and things like that. So as you can see, that’s basically how you invest. Another thing I want to add actually is that Publix does allow for dividend reinvestment, which is really cool. So if you go to the settings, the top settings icon and then you go down to dividend reinvestment, you can change it to auto reinvest my dividends, and it will automatically invest dividends into the company that paid them out. So for example, Apple does pay dividends. So instead of putting those dividends into your public account balance, you could just have it so that it’s automatically reinvested back into Apple. So it’s really nice that you can totally do this or you can put it back to save my dividends is up to you. And moving down the Explore feed you can see people to follow these are like verified people on the app, you can see featured profiles, you know, go into this even Ryan, Leslie here is on here, you can see the highlights. So all these people are posting different things, there’s actually a lot of engagement. If you look at the bottom, you can see people are actually posting here, which is really nice. They already have a lot of people on the platform. So there’s a lot to explore here and a lot to learn actually. And it’s just really easy. Like I mentioned, you can invest with like as little as $1, there’s no amount of money, you really need to just sign up be transferred back. It’s just so simple to use. Now with the social aspects is go to the home feed, right you can see people are talking even about crypto and things like that, you can make your own posts, you can tap the bottom right here and you can compose something, you can create a poll for everybody. If you want opinions on how people feel about certain stocks, you can create a poll, you can share insights. For example, if I put an et Cie here, it’ll show the chart and you can put some type of comment here about the chart, which is really cool as well, then you can add tags. So yeah, you can just explore the feed some of these posts say like invested in blank so you can see what they’ve invested in and you can even tip people with their posts. But if you decide you want to just lurk, you can totally do that as well, you can go to your own profile and you can actually change your settings. So if you go into your settings, you can actually make it so that here you can either go like this to show your public portfolio or you know, not do that. And right now I have it hidden but like sometimes when you invest you can show like if you want to make it public you can so here you can see your charts and portfolio. You can go down here you can look at your watch list and things you can add stuff to the watch list. You can also move you know different stocks and things like that into your long term portfolio. I use Publix, but I also use Merrill Edge as well. So this is kind of like my social investing app that I enjoy playing with with my Merrill Edge account. I do have more of my ETFs and stuff like that in there. So I think it’s totally fine to have multiple brokerages but if you want to play with different ones if you want to get the signup bonuses with different ones, that’s what I’ve realized now that like it’s totally okay to have multiple brokerages and do different things with them. So that’s kind of how I use this one I kind of use it to learn more things, see how other investors are investing what they’re different tips are what people are posting about. So it’s actually really fun to look into this public is a good place to kind of look up stuff but it shouldn’t be like your complete educational resource place you know this is like to learn what other people are doing but you should always do your own due diligence and your own research however you can really look so if you go into this stock at sea right you can go through the charts you can see how it’s doing over time and then you can see the about section you can see the company value. You can see so many statistics the rating even and if people are rating as a strong buy or strong sell the price target and you can see the target is $223 That’s what analysts think et Cie will be worth we can also see when the earnings data will be announced they also have all these different things you can see if they offer dividends, you can see their P E ratio they have all the information here you also see latest news which is cool like so any like news articles out about Etsy you can see it here and then you can see on the social like what people are doing with it or people selling it or people talking about it. This is really great to kind of get more knowledge as well. So public is is a great resource. It shouldn’t be your only resource to learning stuff about stocks. But it’s one great one to kind of see what other people are doing and see the data on individual stocks. There’s also the message component here. The third feed, if you want, you can DM people. Again, this is a social platform, which is really nice. You can look up people like I showed you guys earlier in the Explore feed, you can see like featured profiles. So if I wanted to follow this person, I can just tap follow, like I can see what they’re talking about, and see if I want to follow them. So you just tap that and you follow them. So very easy. And then also, if you want to refer other people you can so if you go tap to the front, you can tap free stock, you can invite friends, and earn free stock, like I mentioned, you know, if you guys use my referral link, I also get some free stuff. And you guys can also get up to $10, a free stock, which is really nice. It makes it easy to invite from contacts or copy the invite link, send it to other people so that if they sign up through your link, you make some money too. So go use their referral program. It’s pretty cool. But I just really liked this platform guys, I always feel like some of these apps are kind of messy, kind of hard to understand. But this I just love the mission of this, it just makes it so that it’s accessible to everyone. That’s their mission. And I really believe in that I think a lot of people need to understand that, you know, investing doesn’t have to be difficult. And you can start with just like $1. And even you can allocate a lot of your funds into safer investments like index funds, like Vanguard or ETFs, like spy and QQ and just kind of set it and put it into these long term investments and watch it grow just do dollar cost averaging and put in x amount per month
and just watch it grow. So you don’t have to always pick the hottest stock and in fact a lot of people say that just putting it into index funds and ETFs might actually be whatever you do with individual stocks, individual stocks will be a little bit more risky especially like the lower cap ones, the ones that they have those warnings for so I always like to kind of allocate into longer term investments. I also like to keep my portfolio more diversified I still you know, I invest in real estate obviously as you guys know, as well as crypto stocks all these different things and I try to keep my stock portfolio pretty diversified as well. So I hope you guys enjoyed this tutorial on how to use public actually really liked this app if they had stock I would probably invest in public stock because I love the mission. I love that it integrates social media with investing and it just makes it like more of a community thing when it’s social. You can see what other people are investing in we’re all sharing information and they put a lot of great data points so that you can reference it if you’re looking up different individual stocks and again like I mentioned, this is one resource but also make sure you are doing your analysis maybe through Yahoo Finance or other places that you can do more research on individual Stocks ETFs and things like that but I hope you guys enjoy this episode if you guys liked this episode make sure to comment below let me know what you guys think of public get up to $10 Free Stock upon sign up through my link smash the like button subscribe, hit the bell button to be notified on my latest videos and I’ll see you guys in the next one.
Transcribed by https://otter.ai
