SGOC
SGOCO Group, Ltd (Cayman Islands)
stock NASDAQ

You have an excellent start. Trade school in robotics is a wonderful choice. I'm a retired 75 year old engineer. This is the same information I have given my 2 sons. You have time on your side with your early start. You need to continue do the following 1) continue saving; 2) additionally start educating yourself on investments.
Here are some suggestions. If you don't understand an investment, don't invest. Don't swing for the fences, just consistently save and invest, and use the magic of compound interest to your advantage.
DIY investment education - Here are some sources for your investment education. These should get you started with some basic foundation understanding. Also, check with your local community college for some basic investment classes. Spend 30 minutes a day on watching some investment video - take a break from the books, it helps your mind to rest. On the weekends, do an hour.
\* [https://www.fidelity.com/learning-center/smart-money/investing-101](https://www.fidelity.com/learning-center/smart-money/investing-101) \- Fidelity has an excellent series of videos to start you off.
\* [https://www.fidelity.com/learning-center/overview](https://www.fidelity.com/learning-center/overview)
\* [https://www.betterinvesting.org/learn-about-investing/free-videos](https://www.betterinvesting.org/learn-about-investing/free-videos)
While you are educating yourself - save. Saving in a bank is somewhat of a losing proposition since they pay such low interest rates. So, here is a suggestion. On line - open a Fidelity Brokerage account (fidelity.com ). Move at least $5k there using Fidelity's money transfer system from your bank. Fidelity automatically sweeps any cash funds into their US Gov money market fund which pays 3.3% (no market risk). Then buy $9k worth of SGOV which currently pays 4.13% or CSHI which pays 4.68%. Each of these invests only in 0 to 3 month US Treasury bills - which carries no real market risk. Fidelity has folks on the phone 24/7 to help you do anything. Fidelity charges no brokerage fees - if you enter the orders on line. The Fidelity folks will help you perform the trades, and will guide you while you are on line talking to them on the phone. If you have them execute (enter the orders) the trade, they will charge you $32. Also, have the Fidelity representative on the phone mark SGOC or CSHI for reinvestment - which means, when they pay the monthly dividends they are automagically reinvested back into SGOV or CSHI. That is called compounding the interest.
The market moves in phases rotating from one type of investment to another. When the market is going up like gangbusters, invest in Momentum ETFs as they outperform the S&P500 (VOO, VTI, SPY, etc.) or the NASDAQ100 (QQQ, QQQM, etc.). When the market goes sideways - like now - move from Momentum ETFs to Quality, Value and Dividend ETFs. When the market goes down (through the 100 day moving average) - move to cash (SGOV/CSHI, etc.). This investment plan can last you your entire lifetime.
Momentum ETFs - [https://finviz.com/screener?v=211&t=DWAS,MTUM,PIE,QTUM,JMOM,IGM,SEIM,VFMO,XSVM,AVUV,FDMO,AMOM,XMVM,SPMO,IMOM,QMOM](https://finviz.com/screener?v=211&t=DWAS,MTUM,PIE,QTUM,JMOM,IGM,SEIM,VFMO,XSVM,AVUV,FDMO,AMOM,XMVM,SPMO,IMOM,QMOM)
Quality, Value and Dividend ETFs - [https://finviz.com/screener?v=211&t=DGRO%2CUSMV%2CVIG%2CLVHI%2CVYMI%2CIVLU%2CCGDG%2CQUAL%2CDYNF%2COUSM%2CVAMO%2CSCHD%2CFPRO%2CSCHY%2CPPI%2CISVL%2CIDVO](https://finviz.com/screener?v=211&t=DGRO%2CUSMV%2CVIG%2CLVHI%2CVYMI%2CIVLU%2CCGDG%2CQUAL%2CDYNF%2COUSM%2CVAMO%2CSCHD%2CFPRO%2CSCHY%2CPPI%2CISVL%2CIDVO)
Use [FinViz.com](http://FinViz.com) \- it is free for the most part. It is an excellent tool. You can also use [https://stockanalysis.com/](https://stockanalysis.com/) as it has an excellent ETF comparison tool (for up to 11 items at a time). Here is a comparison between VOO (S&P500 SPY, the NASDAQ QQQM) and a couple of momentum etfs and quality, value, dividend etfs
[https://stockanalysis.com/etf/compare/voo-vs-dgro-vs-vig-vs-vymi-vs-spmo-vs-mtum-vs-jmom-vs-qqqm/](https://stockanalysis.com/etf/compare/voo-vs-dgro-vs-vig-vs-vymi-vs-spmo-vs-mtum-vs-jmom-vs-qqqm/)
Here are some youtube investment channels that offers some excellent information. They publish weekly so you are getting current information.
\* [https://www.youtube.com/@NolanGouveia](https://www.youtube.com/@NolanGouveia) \- This is a university finance professor, who teaches investing on line. Just start watching and you will start self learning.
\* [https://www.youtube.com/@RobbieMoney](https://www.youtube.com/@RobbieMoney) \- Robbie Money - follow along. You will not understand at first, but use google gemini ai bot to ask questions. Overtime you will pick things up and start understanding more
\* [https://www.investor.gov/introduction-investing](https://www.investor.gov/introduction-investing) \- good overview
\* [https://www.finra.org/investors/investing/investing-basics](https://www.finra.org/investors/investing/investing-basics) \- good overview
\* [https://www.youtube.com/watch?v=woJpau4V16E](https://www.youtube.com/watch?v=woJpau4V16E) \- good overview
\* [https://www.whitecoatinvestor.com/investing-101/](https://www.whitecoatinvestor.com/investing-101/) \- basic investing for doctors - they know medicine but nothing about investing.
\* [https://www.investopedia.com/articles/basics/11/3-s-simple-investing.asp](https://www.investopedia.com/articles/basics/11/3-s-simple-investing.asp) \- excellent information
There are a lot of beginning investing videos on youtube that you can watch. There are also youtube channels that go over daily economic and market activity. Note - Do I watch everything every day - NO, way too much to take in, but choose what appeals to you. You are learning, and to learn you need to practice. Listening to these are both learning and practicing together.
\* [https://www.youtube.com/@fxevolutionvideo/videos](https://www.youtube.com/@fxevolutionvideo/videos) \- this channel provides free daily overview videos (about 20 minutes) and also weekly - weekend recap videos.
\* [https://www.youtube.com/@AndreiJikh/videos](https://www.youtube.com/@AndreiJikh/videos) \- a good free youtube channel covering finance and economics
\* [https://www.youtube.com/@jesseLivermorestradingcode](https://www.youtube.com/@jesseLivermorestradingcode) \- another free youtube channel on investing. This uses Jessie Livermores (legendary investor during the 1929 crash/depression), lessons and techniques. An excellent overall review on the basics.
\* [https://www.youtube.com/@HeresyFinancial/videos](https://www.youtube.com/@HeresyFinancial/videos) \- a fantastic free channel on current economic and market trends and conditions.
\* [https://www.youtube.com/@themikejonesinvesting/videos](https://www.youtube.com/@themikejonesinvesting/videos) \- another free youtube investing channel - covers daily over all general market activity. Is humorous with his southern guy outlook. Both daily and weekend overviews.

Good Morning - You have $10K in the bank. Is that everything? Let's assume that is everything. What is the interest rate the bank is paying you? Probably substantially less than 1% - probably 0% You need a checking account for your primary living expenses - say $1K in the checking for monthly bills. That leaves $9k.
Do you have any emergency funds? Probably not. So, here is a suggestion. On line - open a Fidelity Brokerage account (fidelity.com ). Move the $9k there using Fidelity's money transfer system from your bank. Fidelity automatically sweeps any cash funds into their US Gov money market fund which pays 3.3% (no market risk). Then buy $9k worth of SGOV which currently pays 4.13% or CSHI which pays 4.68%. Each of these invests only in 0 to 3 month US Treasury bills - which carries no real market risk. Fidelity has folks on the phone 24/7 to help you do anything. Fidelity charges no brokerage fees - if you enter the orders on line. The Fidelity folks will help you perform the trades, and will guide you while you are on line talking to them on the phone. If you have them execute (enter the orders) the trade, they will charge you $32. Also, have the Fidelity representative on the phone mark SGOC or CSHI for reinvestment - which means, when they pay the monthly dividends they are automagically reinvested back into SGOV or CSHI. That is called compounding the interest.
OK - next does your employer offer a 401K with any matching? What do I mean by matching is - for every $1 you put in to they add anything ($1, or $0.25 or ?????). If so, make sure you sign up for that because that's free money for you. You can put up to $7,500 per year into a 401K, IRA or Roth IRA.
Alright, so how are you going to find an extra $7,500 - well, lets examine your spending? Do you buy breakfast and/or lunch every day? How about that cup of coffee? $5 for coffee, $8 for breakfast and $10 for lunch all adds up to around $25/day. That's $125/week or $500/month or $6k per year. Eat at home and brown bag the lunch, cut back on eating out for dinner.
Keep a log of everything you spend for a month. Then look at the spending for each item. Did you really need that or was it an impulse buy. Cut back on your spending. Look at your bills at home and possibly cut back. Look at your car payment - buy a used car.
Save what you don't spend. Move the funds every payday to your Fidelity account. Put the funds in SGOV/CSHI, until you decide on how/where to invest. Note - You always need your emergency funds - You need 6 months of living expenses there for just in case money. The economy may crash, the market may crash and you might be laid off. You will have 6 months of cash expenses to find a new job and get started again.
While you are doing all of this, start a do it yourself investment education - start watching basic investing videos on the internet. Fidelity has them on line. Do 30 minutes a day.
\* [https://www.youtube.com/fidelityinvestments](https://www.youtube.com/fidelityinvestments)
\* [https://www.fidelity.com/learning-center/trading-investing/trading/trading-made-simple-videos](https://www.fidelity.com/learning-center/trading-investing/trading/trading-made-simple-videos)
\* [https://www.youtube.com/watch?v=wqho\_Yz2PvI](https://www.youtube.com/watch?v=wqho_Yz2PvI)
I'm retired and 75. This is exactly the same information I have given to my 2 sons. Also, don't swing for the fences. Just be slow and steady - very consistent, with savings, spending, and educating yourself.

You have an excellent start. Trade school in robotics is a wonderful choice. I'm a retired 75 year old engineer. This is the same information I have given my 2 sons. You have time on your side with your early start. You need to continue do the following 1) continue saving; 2) additionally start educating yourself on investments.
Here are some suggestions. If you don't understand an investment, don't invest. Don't swing for the fences, just consistently save and invest, and use the magic of compound interest to your advantage.
DIY investment education - Here are some sources for your investment education. These should get you started with some basic foundation understanding. Also, check with your local community college for some basic investment classes. Spend 30 minutes a day on watching some investment video - take a break from the books, it helps your mind to rest. On the weekends, do an hour.
\* [https://www.fidelity.com/learning-center/smart-money/investing-101](https://www.fidelity.com/learning-center/smart-money/investing-101) \- Fidelity has an excellent series of videos to start you off.
\* [https://www.fidelity.com/learning-center/overview](https://www.fidelity.com/learning-center/overview)
\* [https://www.betterinvesting.org/learn-about-investing/free-videos](https://www.betterinvesting.org/learn-about-investing/free-videos)
While you are educating yourself - save. Saving in a bank is somewhat of a losing proposition since they pay such low interest rates. So, here is a suggestion. On line - open a Fidelity Brokerage account (fidelity.com ). Move at least $5k there using Fidelity's money transfer system from your bank. Fidelity automatically sweeps any cash funds into their US Gov money market fund which pays 3.3% (no market risk). Then buy $9k worth of SGOV which currently pays 4.13% or CSHI which pays 4.68%. Each of these invests only in 0 to 3 month US Treasury bills - which carries no real market risk. Fidelity has folks on the phone 24/7 to help you do anything. Fidelity charges no brokerage fees - if you enter the orders on line. The Fidelity folks will help you perform the trades, and will guide you while you are on line talking to them on the phone. If you have them execute (enter the orders) the trade, they will charge you $32. Also, have the Fidelity representative on the phone mark SGOC or CSHI for reinvestment - which means, when they pay the monthly dividends they are automagically reinvested back into SGOV or CSHI. That is called compounding the interest.
The market moves in phases rotating from one type of investment to another. When the market is going up like gangbusters, invest in Momentum ETFs as they outperform the S&P500 (VOO, VTI, SPY, etc.) or the NASDAQ100 (QQQ, QQQM, etc.). When the market goes sideways - like now - move from Momentum ETFs to Quality, Value and Dividend ETFs. When the market goes down (through the 100 day moving average) - move to cash (SGOV/CSHI, etc.). This investment plan can last you your entire lifetime.
Momentum ETFs - [https://finviz.com/screener?v=211&t=DWAS,MTUM,PIE,QTUM,JMOM,IGM,SEIM,VFMO,XSVM,AVUV,FDMO,AMOM,XMVM,SPMO,IMOM,QMOM](https://finviz.com/screener?v=211&t=DWAS,MTUM,PIE,QTUM,JMOM,IGM,SEIM,VFMO,XSVM,AVUV,FDMO,AMOM,XMVM,SPMO,IMOM,QMOM)
Quality, Value and Dividend ETFs - [https://finviz.com/screener?v=211&t=DGRO%2CUSMV%2CVIG%2CLVHI%2CVYMI%2CIVLU%2CCGDG%2CQUAL%2CDYNF%2COUSM%2CVAMO%2CSCHD%2CFPRO%2CSCHY%2CPPI%2CISVL%2CIDVO](https://finviz.com/screener?v=211&t=DGRO%2CUSMV%2CVIG%2CLVHI%2CVYMI%2CIVLU%2CCGDG%2CQUAL%2CDYNF%2COUSM%2CVAMO%2CSCHD%2CFPRO%2CSCHY%2CPPI%2CISVL%2CIDVO)
Use [FinViz.com](http://FinViz.com) \- it is free for the most part. It is an excellent tool. You can also use [https://stockanalysis.com/](https://stockanalysis.com/) as it has an excellent ETF comparison tool (for up to 11 items at a time). Here is a comparison between VOO (S&P500 SPY, the NASDAQ QQQM) and a couple of momentum etfs and quality, value, dividend etfs
[https://stockanalysis.com/etf/compare/voo-vs-dgro-vs-vig-vs-vymi-vs-spmo-vs-mtum-vs-jmom-vs-qqqm/](https://stockanalysis.com/etf/compare/voo-vs-dgro-vs-vig-vs-vymi-vs-spmo-vs-mtum-vs-jmom-vs-qqqm/)
Here are some youtube investment channels that offers some excellent information. They publish weekly so you are getting current information.
\* [https://www.youtube.com/@NolanGouveia](https://www.youtube.com/@NolanGouveia) \- This is a university finance professor, who teaches investing on line. Just start watching and you will start self learning.
\* [https://www.youtube.com/@RobbieMoney](https://www.youtube.com/@RobbieMoney) \- Robbie Money - follow along. You will not understand at first, but use google gemini ai bot to ask questions. Overtime you will pick things up and start understanding more
\* [https://www.investor.gov/introduction-investing](https://www.investor.gov/introduction-investing) \- good overview
\* [https://www.finra.org/investors/investing/investing-basics](https://www.finra.org/investors/investing/investing-basics) \- good overview
\* [https://www.youtube.com/watch?v=woJpau4V16E](https://www.youtube.com/watch?v=woJpau4V16E) \- good overview
\* [https://www.whitecoatinvestor.com/investing-101/](https://www.whitecoatinvestor.com/investing-101/) \- basic investing for doctors - they know medicine but nothing about investing.
\* [https://www.investopedia.com/articles/basics/11/3-s-simple-investing.asp](https://www.investopedia.com/articles/basics/11/3-s-simple-investing.asp) \- excellent information
There are a lot of beginning investing videos on youtube that you can watch. There are also youtube channels that go over daily economic and market activity. Note - Do I watch everything every day - NO, way too much to take in, but choose what appeals to you. You are learning, and to learn you need to practice. Listening to these are both learning and practicing together.
\* [https://www.youtube.com/@fxevolutionvideo/videos](https://www.youtube.com/@fxevolutionvideo/videos) \- this channel provides free daily overview videos (about 20 minutes) and also weekly - weekend recap videos.
\* [https://www.youtube.com/@AndreiJikh/videos](https://www.youtube.com/@AndreiJikh/videos) \- a good free youtube channel covering finance and economics
\* [https://www.youtube.com/@jesseLivermorestradingcode](https://www.youtube.com/@jesseLivermorestradingcode) \- another free youtube channel on investing. This uses Jessie Livermores (legendary investor during the 1929 crash/depression), lessons and techniques. An excellent overall review on the basics.
\* [https://www.youtube.com/@HeresyFinancial/videos](https://www.youtube.com/@HeresyFinancial/videos) \- a fantastic free channel on current economic and market trends and conditions.
\* [https://www.youtube.com/@themikejonesinvesting/videos](https://www.youtube.com/@themikejonesinvesting/videos) \- another free youtube investing channel - covers daily over all general market activity. Is humorous with his southern guy outlook. Both daily and weekend overviews.

Good Morning - You have $10K in the bank. Is that everything? Let's assume that is everything. What is the interest rate the bank is paying you? Probably substantially less than 1% - probably 0% You need a checking account for your primary living expenses - say $1K in the checking for monthly bills. That leaves $9k.
Do you have any emergency funds? Probably not. So, here is a suggestion. On line - open a Fidelity Brokerage account (fidelity.com ). Move the $9k there using Fidelity's money transfer system from your bank. Fidelity automatically sweeps any cash funds into their US Gov money market fund which pays 3.3% (no market risk). Then buy $9k worth of SGOV which currently pays 4.13% or CSHI which pays 4.68%. Each of these invests only in 0 to 3 month US Treasury bills - which carries no real market risk. Fidelity has folks on the phone 24/7 to help you do anything. Fidelity charges no brokerage fees - if you enter the orders on line. The Fidelity folks will help you perform the trades, and will guide you while you are on line talking to them on the phone. If you have them execute (enter the orders) the trade, they will charge you $32. Also, have the Fidelity representative on the phone mark SGOC or CSHI for reinvestment - which means, when they pay the monthly dividends they are automagically reinvested back into SGOV or CSHI. That is called compounding the interest.
OK - next does your employer offer a 401K with any matching? What do I mean by matching is - for every $1 you put in to they add anything ($1, or $0.25 or ?????). If so, make sure you sign up for that because that's free money for you. You can put up to $7,500 per year into a 401K, IRA or Roth IRA.
Alright, so how are you going to find an extra $7,500 - well, lets examine your spending? Do you buy breakfast and/or lunch every day? How about that cup of coffee? $5 for coffee, $8 for breakfast and $10 for lunch all adds up to around $25/day. That's $125/week or $500/month or $6k per year. Eat at home and brown bag the lunch, cut back on eating out for dinner.
Keep a log of everything you spend for a month. Then look at the spending for each item. Did you really need that or was it an impulse buy. Cut back on your spending. Look at your bills at home and possibly cut back. Look at your car payment - buy a used car.
Save what you don't spend. Move the funds every payday to your Fidelity account. Put the funds in SGOV/CSHI, until you decide on how/where to invest. Note - You always need your emergency funds - You need 6 months of living expenses there for just in case money. The economy may crash, the market may crash and you might be laid off. You will have 6 months of cash expenses to find a new job and get started again.
While you are doing all of this, start a do it yourself investment education - start watching basic investing videos on the internet. Fidelity has them on line. Do 30 minutes a day.
\* [https://www.youtube.com/fidelityinvestments](https://www.youtube.com/fidelityinvestments)
\* [https://www.fidelity.com/learning-center/trading-investing/trading/trading-made-simple-videos](https://www.fidelity.com/learning-center/trading-investing/trading/trading-made-simple-videos)
\* [https://www.youtube.com/watch?v=wqho\_Yz2PvI](https://www.youtube.com/watch?v=wqho_Yz2PvI)
I'm retired and 75. This is exactly the same information I have given to my 2 sons. Also, don't swing for the fences. Just be slow and steady - very consistent, with savings, spending, and educating yourself.