I’d like some advice about my planned positions.
For some financial background, I’m not from the US, I make a salary of 1.8k per month, and save 1.2k, also I have 20k in emergency savings.
I’m new to stock investment but still learning so bear with me here.
My goal is to achieve 100k in gains in the shortest time possible.
So far I’m considering the following:
– DCAing in INTC and MSFT and hold for a few years (I’ll probably DCA 500$/month untill I reach 3k$ worth of shares in each but am not sure yet)
– Buy 100 shares of ENVX then DCA to 300 shares
– DCA some shares in SOFI and RKLB (I still don’t know how much, but nothing serious)
– After the above, I’ll just DCA in SPY
It’s not enough at all to achieve my goal but I’m hoping it’s a start until I learn more.
I know ENVX, SOFI and RKLB are high risk investments, but I won’t invest heavily in them.
