Thursday, June 6, 2019

Portfolio broke through $700K today

When the market ended today, my total portfolio size crossed the 7th 100K threshold. On 6/6/2019 the value is $702,523 USD. Time to celebrate!

The market of course will move up and down and it likely will dip below this range. But in the long term, my sights are now on $800K. As the years go by, I am finding each $100K crossing less spectacular than the last. The first $100K was the hardest and most difficult, and very rewarding. As the portfolio grows more and more by itself, the $100K starts to accumulate on faster. In the future when the portfolio crosses $1M, $100K is only a 10% increase.


  1. Young Div -

    Another BIG Step. Pumped for you. $1M LET'S GET THERE.


  2. This a very big achievement. When you will be an old gentleman a $100k variance of $10M portfolio will be completely irrelevant that is the true irony of life when at one point a very large amount becomes irrelevant because you made proper and successful choices in life.
    Then, you went on and shared it with the world to encourage others. To me, you are a great motivator.
    Lastly, what is also cool about this blog is that I can go back and see when the amounts were much smaller to bring it to my level.

    I can’t wait to see you at $1M. I will virtually very happy for you.

  3. So you don't care at what price you buy shares at? For ex: you bought BA at close to ATH and now those shares are underwater. Price matters IMO, so long-term returns are going to be underwhelming, no matter how great a company is...

    1. I am okay with overpaying for high quality.

      One can identify my picks that are underwater, for example, BA, which after the crash did not fare well. In 40 years, nobody will remember the crash, and Boeing will continue to be a great American company making planes and military equipment for everyone around the world, by then BA will be a many-#N-bagger. I have been buying shares when they are high, flat, and low. My income constantly flows in. It must be spent to increase my income even more. One can identify the picks that did not do well, but all my other winners more than compensate for the losers. Just getting a handful of picks correct and keeping them forever will more than compensate for various failures in the immense long term of decades+.

      Income and protection of the income is everything, share price is secondary. I have no concern with holding underwater assets as long as I get paid.