I have been wanting to dabble in the stock market for awhile now. Not entirely sure how to go about it, I found a user friendly entry point with the website Motif.com. Motif allows you to build your own Exchange-Traded Funds (ETF). I invested a decent amount on a couple of Motif.com created ETF’s. But for my own ego, I need to see if I could pick and build my own ETF’s and invest in them. So I built “The Wolf Of Wall Street”. I picked companies that I know and care about. Weighted it how I felt it would perfomr best and dumped some money into. After a few months and some modest gains, I cashed out. I came out on top and that’s all that matters. Rule No. 1 : Never lose money. I took my gains and have reinvested in other Motifs. My tolerance of risk is rather high right now since I feel as I have some time to recover before I need the cash back. I have embedded the motif below for you to check out.
You can buy this ETF if you so desire, I even get a kickback if you do, but be careful… The first rule is a bit different if you listen to Mark Hanna, Matthew McConaughey’s Character in The Wolf Of Wall Street. “OK, first rule of Wall Street – Nobody – and I don’t care if you’re Warren Buffet or Jimmy Buffet – nobody knows if a stock’s going up, down or f-ing sideways, least of all stockbrokers. But we have to pretend we know.” Basically, past performance does not guarantee future success, invest at your own risk.