How to Invest Your First $5000
You are ready to invest and but now the question, how to invest your first $5000? If you have ready my other article located HERE, you would have a good base for your first $1,000. Now, let us figure out where to park that other $4,000 so where are in a good spot.
Picking stocks is not based off what looks good right now. You need to do your research and pick stocks that have a proven track record, good dividend history and good stability. For example, Coca-Cola or McDonalds, these stocks have a strong history and solid base. Picking dividend stocks like these would be a good idea for a beginner.
DISCLAIMER – I am not a licensed broker, lawyer, advisor and everything in between. I am simply a person who loves to invest.
| Ticker | Stock | Percentage |
| BEN | FRANKLIN RESOURCES INC | 10% |
| KO | COCA-COLA CO | 15% |
| O | REALTY INCOME CORP | 20% |
| T | AT&T INC | 10% |
| MCD | MCDONALDS CORP | 20% |
| MMM | 3M CO | 10% |
| MO | ALTRIA GROUP INC | 15% |
The following stocks have a good history of paying dividends and are solid companies. This is a good starting point if you are looking to invest. These stocks also pay out dividends so they will pay you to own them. If you need a brokerage firm, you can find a review of Ark7 here.
COCA-COLA CO (KO)
- $55.48 per share
- 3.29% dividend yield
- $0.46 per quarter
- 1995 first div. payout.
FRANKLIN RESOURCES INC (BEN)
- $24.21 per share
- 4.88% dividend yield
- $0.30 per quarter
- 1995 first div. payout.
AT&T INC (T)
- $14.67 per share
- 7.39% dividend yield
- $0.2775 per quarter.
- 1887 first div. payout.
REALTY INCOME CORP (O)
- $48.99 per share
- 6.15% dividend yield
- $0.2560 per month
- 1995 first div. payout.
MCDONALDS CORP (MCD)
- $257.75 per share
- 2.31% dividend yield
- $1.52 per quarter
- 1987 first div. payout
ALTRIA GROUP INC (MO)
- $41.58 per share
- 9.32% dividend yield
- $0.98 per quarter
- 1995 first div. payout
3M CO (MMM)
- $90.22 per share
- 6.41% dividend yield
- $1.50 per quarter
- 1995 first div. payout
No stock is safe, but these are good ones to start with. Let me know how your first trade went or tell me about some stocks I did not mention. Thanks for reading and stay tuned for the next article in the series.
