Posted March 07, 2018 07:22:04 When I was young and working full time, I didn’t even think about what my portfolio would look like.
Now that I’m an adult and have a family, I realize that I am a lot more involved in my investments.
I’ve found that investing in technology, social media, and digital assets like digital music and videos has helped me grow into a much more independent investor.
I am now able to build a much stronger portfolio that includes stocks, ETFs, and index funds.
For those of you who are wondering, here’s what my money is looking like in the first 10 years.
My net worth is $50,000 I have a net worth of $25,000.
I have saved more than $10,000 of my own money in my retirement account.
My annualized return is 3% I am currently earning 6% per year on my portfolio.
I’m saving more than the cost of living.
I make more money in a given year than I do today.
I earn less than my inflation-adjusted average.
I own a small amount of technology stocks like Spotify, Pinterest, and Airbnb.
I hold a large amount of mutual funds.
I can buy stocks and ETFs with the proceeds from my retirement portfolio.
I pay no taxes.
I don’t owe any money.
I do not plan on ever paying any taxes.
I live paycheck to paycheck.
My assets are diversified and stable.
I plan on getting married soon.
I will not be relying on my savings or retirement income.
My money is diversified.
I save for my kids’ education.
I invest my own capital.
I work from home.
I travel a lot.
I buy and sell stocks and bonds.
I enjoy going out and spending time with my family.
I am financially independent.
I understand my financial situation and I know I will be financially independent for the rest of my life.
I know that my portfolio will be better for my retirement and my kids will be able to attend college.
As I get older, I will no longer have to worry about whether or not I have enough money to pay the bills in my later years.