I retired at 53 now, 55. I have close to a six-figure portfolio, 70% income uk 🇬🇧 stocks, blue-chip companies, the rest in growth etfs sp500 nasdaq global technology, etc. I still like the growth aspect of investing but as my grandkids would inherit all this how best does all this get best managed for better returns?
My 401k went 100% in the S&P 500 when I started working in 1989. Left 100% alone till 2007 before it went to 666. Because of my 17 years in the 500, I was able to retire this year with $683k in the 401k (and a pension and rental income). There is no other way to retire before you are 70.
Yes, you can do that. Investing $80,000 in the S&P 500 at an 8% annual return will grow to about $805k in 30 years. fiduciary advisors can achieve 10-15% returns, so do your research and consider consulting one.
Absolutely! Wealth is made in growth investing . We aren’t in a bear market, but nibbling heavy red days has proven to be fruitful for me over 9 years of investing. I am at 2.25 mil. Biggest positions PLTR, TSLA, SCHD, NVDA, and now looking to build up DRGO alongside finding quality value/growth stocks to buy. I got $48k divs last year in taxable divs. Q3 taxable divs this year was $18,388 this year. Don't sell when the market is down. Having a skilled CFA that puts the time in to do in-depth research can be invaluable in strategizing your portfolio.
*Marissa Lynn Babula* is the advisr I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
He worked, man. Don't be jealous cos others have more drive and a better work ethic than you. His parents gave him knowledge and an education, and he was smart enough to utilise it well.
@carlday-jy7ct govt/pension funds can't take that sort of volatility as money/pensions are paid out every day. The majority of pension funds are in non risky bonds paying a risk-free rate.
Don’t take for granted the institution of money will continue to exist for an eternity fiat currencies are on borrowed time 秋津島日本真光共產黨❤Akitsushima Nippon True Light Communist Party 🎉 卍我為人人人人為我😊
I am wondering how an 11 year old has that kind of money in 1942.
same!
It's around $2,256.07 ... maybe gifts from parents?
He worked
When he was 6 he used to sell chewing gums, newspaper and coca cola
He worked for 5 years at that point
I retired at 53 now, 55. I have close to a six-figure portfolio, 70% income uk 🇬🇧 stocks, blue-chip companies, the rest in growth etfs sp500 nasdaq global technology, etc. I still like the growth aspect of investing but as my grandkids would inherit all this how best does all this get best managed for better returns?
My 401k went 100% in the S&P 500 when I started working in 1989. Left 100% alone till 2007 before it went to 666. Because of my 17 years in the 500, I was able to retire this year with $683k in the 401k (and a pension and rental income). There is no other way to retire before you are 70.
Yes, you can do that. Investing $80,000 in the S&P 500 at an 8% annual return will grow to about $805k in 30 years. fiduciary advisors can achieve 10-15% returns, so do your research and consider consulting one.
Absolutely! Wealth is made in growth investing . We aren’t in a bear market, but nibbling heavy red days has proven to be fruitful for me over 9 years of investing. I am at 2.25 mil. Biggest positions PLTR, TSLA, SCHD, NVDA, and now looking to build up DRGO alongside finding quality value/growth stocks to buy. I got $48k divs last year in taxable divs. Q3 taxable divs this year was $18,388 this year. Don't sell when the market is down. Having a skilled CFA that puts the time in to do in-depth research can be invaluable in strategizing your portfolio.
Well it seems like a lot of your interest is riding on your source, I could really get well accustomed to your viewpoint, get me involved.
*Marissa Lynn Babula* is the advisr I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
Now worth over 1 million in early oct 2024 😮
DCA BTC.
Warren Buffett Sir, i started working at 11 years old to buy my school clothes, i grew up in Connecticut 🌲🌲🌲🌲☃️☃️☃️
It is so through, thanks for your advise
❤❤❤
Love these boomer bootstrap stories and when you check, that’s over $2k today. To be rich you need to come from money in the finance world
He worked, man. Don't be jealous cos others have more drive and a better work ethic than you. His parents gave him knowledge and an education, and he was smart enough to utilise it well.
@@g.raequitas6693 yeah give 2k to a youngster he gonna spend it
150 billion dollars but says you should be happy with 400k 😂
You're putting words in his mouth, he didn't even say that. Just stop being jealous it's not gonna help you in any way
One question. Are you a genius? Just think if the government took my social security taxes and did the same thing.
@carlday-jy7ct govt/pension funds can't take that sort of volatility as money/pensions are paid out every day. The majority of pension funds are in non risky bonds paying a risk-free rate.
How much was the minimum wage in 1942? How is it possible that 11 years old boy had that money?
GLAD I FOUND THE INCREDIBLE RETURNS OF MULTIFAMILY WITH LITTLE CASH TO START.
I would prefer to hold that 114 dollar until 2010 and buy Bitcoin 😂
Don’t take for granted the institution of money will continue to exist for an eternity fiat currencies are on borrowed time 秋津島日本真光共產黨❤Akitsushima Nippon True Light Communist Party 🎉 卍我為人人人人為我😊