So I've finally entered the market and brought in 1500$ to start to play with and see how I do. I put 1000 into Tesla stock , and ended the day up 20. How screwed am I with Tesla? Looking at the market trends it almost seems like I can't make a bad choice since everything is so low. I plan on throwing the other 500 into Amazon or other big name industries.
I did have a specific question tho, using the Robinhood app will I only be able to move 1000 per day? I would have bought more stock but I got capped and I'm not sure if it's a new user thing or if the daily limit is 1000 which is weak. Oh and finally, can I move profits from stock to bonds to earn low interest over time safely or should I let stock and profit rise together with my current purchase?
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