GET STARTED WITH
PRIME TIME PROFITS
NEXT STEPS and What You Need in Order to Succeed with Prime Time Profits
Keep in mind that I am no longer a money manager. With that being said, I cannot take your money and invest it for you…to do so would be illegal. However, I would be more than happy to provide an exclusive look over your shoulder to highlight where I believe the biggest gains can be made.
In order to benefit from Prime Time Profits, you need a few things…
1. Purpose
You must first determine your purpose for investing. You must establish goals and targets for your investment future. Once your purpose has been identified, it will make your investment experience more desirable. As a long-term investor my purpose is to leave Generational Wealth for my family and to strengthen and build our “Under-Served” communities. What is your purpose?
2. Money
There is a huge myth going around in the finance world which states a person needs to possess a lot of money in order to start investing. This idea is false! The number one question that I am asked is how much money should I put into my brokerage account to get started. My answer is for each person to put into your account those dollars that you will not need for 3-5 years. Your monthly contribution should be the maximum amount that your budget allows in order for you to meet your goals or your Purpose for investing. I started investing with as little as $50 a month over 30 years ago. By continuing to grow my initial $50 investment little by little over the years, I was able to maneuver into the position where I am today.
A good way to avoid wasting half of your capital is to deposit money into a brokerage account. Start with as much as you can, and watch it grow. Put a budget in place that allows you consistently add money into your bank and investment account, even if it is only once annually. Put in place a personal budget and seek the advice of your financial advisor and/or an accountant. Included below are some suggestions that you can use to add money to your brokerage account:
- Everyone should have discretionary money. This is money that is (typically) wasted throughout the month. These monies should be identified and then transferred into your brokerage account each month or daily so that you may invest in YOU.
- If you are able, take a portion of each pay raise, bonus, and tax return and add those amounts into your brokerage account. I encourage small business owners to add a portion of their profits into their brokerage account. It may prove beneficial to have a conversation with Marcus about establishing a “profit-taking to investment Plan”.
- Reduce excess debt and don’t generate other unnecessary or outstanding debts.
- Start a small business that generates positive profits for you to put into your brokerage account.
- Meet with your accountant or financial advisor to determine your financial and tax filing status. Then use their advice to find additional dollars in your everyday finances and add them to your personal or business brokerage account.
3. Establish your Brokerage/Crypto Account(s)
Company Name | Fee | Account Minimum | Brokerage Information? |
Robin Hood | No Fee | $0 |
Click on the link to get a free stock(s) from Robin Hood ? https://join.robinhood.com/marcusb-d0e6df
|
Webull | No Fee | $0 |
Click on the link to get a free stock(s) from Webull https://a.webull.com/iq6AjMUkPEcqr3b3ni
|
COINBASE | 0 | 0 |
|
TD Ameritrade | $6.95 | $0 | Most trading is free |
Charles Schwab | $4.95 trade | $0 | Free ETF trading, no fee for mutual funds trading |
E-Trade | $6.95 | $0 | No fee for mutual funds trading |
Fidelity | $4.95 | $0 |
No cost for ETFs, up to 500 free trades in the first two years for eligible accounts |
There are many providers out there. Charles Schwab, Fidelity, and E-Trade are among the biggest firms on the market.
Here is a quick comparison of the three. However, these are not the only options you have. Robin Hood is one of the most convenient firms to use for investment purposes. There are no minimum account requirements and no fees for any trades. It is easy to set up and use. All you need is your email and a bank account. As of December 2019, Robin Hood allows fractional share investing. That means if you wanted to invest $100 into a stock like Tesla, and the price of the stock is $500 at the time of your purchase, by investing $100, you’ll get one-fourth of a share. I would like to reiterate that we are not paid by any of these organizations. I just want you to know that you have options.
4. Portfolio Positions
Portfolio positions are still a buy unless noted otherwise. Each position in our portfolio is still a buy unless we specifically tell you otherwise. The moment it’s time to sell a stock, you will receive a trade alert advising you when to sell.
In the trade alerts, members are given a buy-zone, which indicates the range of prices believed to allow you to purchase the stock at a reasonably comfortable price. Stock prices fluctuate in the market often, so these buy zones are only valid for about a week after the alert has been sent. I believe the position is still a “buy”, even after the price rises above its recommended buy price. Whether or not you choose to pay the price at which the stock is trading, at the time you opt-in on the investment, is solely up to you. In regard to some of our earlier recommendations in the portfolio, a stock that was recommended six or twelve months ago may no longer be considered worth the investment today.
Oftentimes, it’s the stocks that have increased in price the most that will continue to rise even higher. Opting in late doesn’t mean you’ve missed an opportunity at profitable gains.
5. Pay Attention to Your Inbox
I cannot stress this enough. My team and I work countless hours researching market trends, monitoring our portfolios, and seeking out new opportunities for you to profit. We include all of this information in our weekly updates, notes, trade alerts and monthly newsletters – all of which you receive via email, Prime Time Profits and through our Patreon web portal. You must listen to the updates in order to know what is going on not only involving the stocks in our portfolio but with the overall stock market as well. You must read our notes to know what’s happening with individual stocks to learn about recent acquisitions, earnings results, or even why a stock is experiencing more volatility than normal.
Additionally, if you don’t read our trade alerts or monthly newsletters, you won’t be aware of what we’re buying or selling from the portfolio. If this happens, you can expect one of two things: You will either lose out on gains that could have been made or on losses that could have been prevented. The fact of the matter is; if you don’t read all of the emails, the program will not work for you because you will not be getting the information or following the recommended strategy.
It is my sincere desire for you to succeed, which is why I am giving you all the information you need in order to do so. But if you don’t read the emails or listen to updates, there is very little that can be done for you. So, help me, help you! Pay close attention to all of the information that is provided to you. Our goal is to make the use of this service a valuable and worthwhile experience for you.
With Prime Time Profits and stock momentum, you will be afforded opportunities to pursue the big gains that Wall Street doesn’t want you to know about, and the chance to make your life a little better. Let me guide you through the process. I promise you it’s never too late to get rich or to improve your lifestyle by investing in the stock market.
6. New Member Checklist (First 14 days)
1. Develop and identify your purpose for investing
2. Set up Brokerage and/or Crypto Account
3. Deposit your initial investment into your Brokerage account (set up immediately)
4. Start an automatic monthly investment from your checking/savings account into your brokerage account (at a minimum monthly)
5. Go to and review the Prime Time Profits Website/Portal
Review the Getting Started link and Read the Next Steps section
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- Study and understand “The Rules of Investing”
- Selected at least 3-5 stocks to equal weight (see the Top 5 Starter stocks for the Month)
- Read the section (Quantity of Stocks in Portfolio)
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6. Read the Prime Time Profits article on developing and setting up a Portfolio
7. Read at least four “News” postings on Prime Time Profits Patreon website (www.patreon.com/PrimeTimeProfits)
8. Attended or review at least two Prime Time Profits meetings
(LINK – COMING SOON)
9. Go to the Education and Training section; read or listen to 1-2 Wealth Building Books
Again, welcome to Prime Time Profits! Please know that if you ever have any questions, you can always reach me at: CLICK HERE TO EMAIL
I will work to address all questions during our weekly updates.
Regards,
Marcus Board
Chief Investment Strategist, Prime Time Profits
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