Running_Man
Thinks s/he gets paid by the post
- Joined
- Sep 25, 2006
- Messages
- 2,844
As is typical for most of these articles, the writer is quoting a blog operator that got famous and made millions on blog and a book.
His strategy is 70% VTI 20% individual stocks you like 5% Real Estate (reccomends multi apartment buildings) and 5% specialty like ART or Domain purchases. Instead of retiring early as his earlier works proclaimed was possible he now professes investing for a financial independence and continue earning money at what you love.
From his blog "Alright, that’s it. Pretty simple. Following this investing strategy and managing my investments myself were essential in helping me reach $1 million in five years. My investments also continue to grow and I’m still benefiting from the compounding of the money I started investing in 2010." He started with $5 and ended with a million and calls it easy.
Everyone can be a millionaire in 5 years easy peasy. He at least sold a lot of books and had visits to his blog by offering this. Now of course VTI is at exactly the same place in 2020 as it was in 2015 when he first offered this investing advice, so the five year rate of return on his portfolio must be close to about 2 percent.
His strategy is 70% VTI 20% individual stocks you like 5% Real Estate (reccomends multi apartment buildings) and 5% specialty like ART or Domain purchases. Instead of retiring early as his earlier works proclaimed was possible he now professes investing for a financial independence and continue earning money at what you love.
From his blog "Alright, that’s it. Pretty simple. Following this investing strategy and managing my investments myself were essential in helping me reach $1 million in five years. My investments also continue to grow and I’m still benefiting from the compounding of the money I started investing in 2010." He started with $5 and ended with a million and calls it easy.
Everyone can be a millionaire in 5 years easy peasy. He at least sold a lot of books and had visits to his blog by offering this. Now of course VTI is at exactly the same place in 2020 as it was in 2015 when he first offered this investing advice, so the five year rate of return on his portfolio must be close to about 2 percent.