Thank you AAPL and NVDA
Touched a big milestone today thanks to these two giants. Invest your money folks!! #personal finance Age 34 Yoe 10 Tc 380k Hh tc 450k
What’s with the sharp drawdown?
The big spike up was just loan refinancing that was not synced. The fall was due to Covid market crash
Hey, did you know you have 9 accounts that need attention?
Those might be OPs mortgage and loan accounts which he isn’t accounting in NW calculations 😂
Nah they’re just old unused credit card accounts and old car loan accounts that are closed but credit karma is garbage. I have all my current loans and assets accounted for in this. Some old health savings accounts also refuse to login on credit karma so actually I’m missing about 20k in this net worth.
how much is your principal amount?
It’s over the years so I don’t even remember. But year in year my growth has been atleast 40%.
why is your returns so low?
Diversification. Sure returns could’ve been higher but I also value stability during market downturns especially because of immigration visa issues and layoffs
Advice for a 20 years old in 2024? My goal is millionaire before 30
Invest max tax free in 401k and hsa. 34% Tax saved is direct gains. Keep emergency savings in hysa for 6 months expenses or 9 months if market bad for employment. DCA and Invest rest in vti/index funds till you have 60% of your savings invested in index funds. Remaining 40% invest in VARIOUS individual stocks. Balance this out a little riskier at 40-60 if you’re young. As you grow older , you can rebalance to diversify. Get into a FAANG and become a core contributor in a team with actual products. This is the formula. Note this shit down. This is the lazy way to get rich and get lucky too.
JL Collins, "The Simple Path To Wealth" (free online at his site). Real estate can supercharge things up and down, but just investing early and often has historically been a pretty decent option.
Congratulations. It's motivational for me to see fellow worker bees building wealth.
This is crazy, it seems to be taking me forever for 1 mil
Good work op 👍
Thanks bruh
I did. I invested in AMD when the price was $180. Fuck me.
Same, I invested when it was $195
If it’s any consolation I’m with you guys on this one 😂