Okay, here’s my personal journey on how I tried to invest in Netflix, written in a casual, blog-style format:
So, I got it into my head that I wanted a piece of the Netflix pie. I mean, who doesn’t binge-watch shows these days, right? I figured, if everyone’s hooked, the company’s gotta be raking it in. Time for me to get in on that action. I wanted to Start investing, So I started researching.
Figuring Out Where to Start
First things first, I needed to figure out how to even buy stocks. I’m no Wall Street wolf, so this was all new territory for me. I started Googling like crazy, “how to buy stocks,” “best online brokers,” that kind of stuff.
I quickly learned I needed a brokerage account. Think of it like a special account just for buying and selling stocks. There are tons of them out there, so I spent some time comparing fees and reading reviews. It was a bit overwhelming, honestly!
Opening My Brokerage Account
After a bit of digging, I ended up picking one that seemed pretty straightforward and had low fees. I signed up, which involved providing some personal info and linking my bank account. It felt a bit scary handing over all that data, but I figured it was all part of the process. It was similar to opening a regular bank account so I was less nervous.
Once my account was approved, I was so excited. I was thinking that it was all easy from this point. But I was a bit wrong.
Searching for Netflix
I logged into my new brokerage account, feeling like a total pro. Then I realized I had no idea how to actually find Netflix’s stock. I typed in “Netflix,” but nothing came up! Turns out, you need to know the company’s ticker symbol, which is like a short code. For Netflix, it’s NFLX. Who knew?
Placing the Order
I found NFLX, and there it was – the price, the charts, all that jazz. I took a deep breath and decided how many shares I wanted to buy. I didn’t want to go crazy, so I started small. I clicked “Buy,” confirmed the order, and…boom! I was officially a Netflix shareholder (well, a tiny, tiny part of one, anyway).
The Waiting Game
Now, the real fun begins – watching the stock price go up and down. It’s a bit of a rollercoaster, I’m not gonna lie. Some days I’m feeling like a genius, other days I’m wondering if I should’ve just bought more streaming subscriptions instead. But hey, that’s the stock market, right?
It is still a long way to be called a success, but at least I took my first step.
So, that’s my story of how I invested, or, more accurately, am starting to invest. It’s been a learning experience, for sure. I’m still figuring things out, but it’s kind of exciting to be a part of it all. And, I did all of that by myself. It’s easy!
