Sharing my progress on investing $1,000 weekly since November 2023. My journey includes disciplined contributions and a tech-heavy portfolio. Starting balance was $44,403.12, and as of December 2024, it’s $131,615.84. Consistency is key, and I aim to inspire others to begin their own journeys.
Your journey is inspiring but feels unrealistic for most people due to the high weekly contributions and exceptional market conditions. A balanced approach and managing expectations are key for anyone starting now.
@Toby
You’re right that $1,000/week isn’t feasible for everyone. My goal is to emphasize consistency and long-term commitment, even starting with smaller amounts. I also understand the recent market performance is exceptional and won’t last forever. Thanks for your input!
This inspired me to start investing $500/week in the new year. I’m rebuilding my emergency fund but ready to focus on a brokerage account again. Thanks for sharing!
Joss said:
This inspired me to start investing $500/week in the new year. I’m rebuilding my emergency fund but ready to focus on a brokerage account again. Thanks for sharing!
That’s fantastic! $500/week is amazing, and you’ll see growth in no time. Great job rebuilding your emergency fund, too—it’s such an important safety net. Good luck on your journey!
With your contributions, your gains were around 12%, which is decent but not extraordinary given the bullish market. Have you considered comparing this to an ETF like SPY?
Dakota said:
With your contributions, your gains were around 12%, which is decent but not extraordinary given the bullish market. Have you considered comparing this to an ETF like SPY?
You’re right, my gains reflect the market’s bullishness. I like SPY and use it in my Roth IRA, but my brokerage account leans towards tech and growth plays. I’ll monitor performance and adjust if needed. Thanks for the suggestion!
I’m doing the same $1,000 weekly into VOO. It’s hard not to check the account daily, but I’m focused on building long-term wealth.
Zephyr said:
I’m doing the same $1,000 weekly into VOO. It’s hard not to check the account daily, but I’m focused on building long-term wealth.
VOO is a great choice for consistent growth. I know it’s tempting to check daily, but staying the course will pay off in the long run. Keep it up—you’re doing amazing!
Your portfolio is heavily weighted in tech. Have you thought about diversifying into other sectors to manage risk?
Marin said:
Your portfolio is heavily weighted in tech. Have you thought about diversifying into other sectors to manage risk?
Great point! My portfolio reflects my belief in tech’s long-term growth, but I’ll consider adding exposure to other sectors to balance volatility. Thanks for the advice!
How do you manage to invest $1,000 a week post-tax? Are you also contributing to retirement accounts? What’s your income source?
Jagger said:
How do you manage to invest $1,000 a week post-tax? Are you also contributing to retirement accounts? What’s your income source?
Great question! My wife and I both contribute to retirement accounts (Roth IRA, 403(b), and self-directed 401(k)) before focusing on the brokerage account. We both have stable incomes and a low cost of living, which helps fund this strategy.
Ignore the negativity. You’ve done well executing a disciplined plan in a favorable market. MSTR is a bold play, and I think it has big potential. Keep it up!
Teo said:
Ignore the negativity. You’ve done well executing a disciplined plan in a favorable market. MSTR is a bold play, and I think it has big potential. Keep it up!
Thanks for the support! MSTR is definitely a calculated risk, but I believe in its future. I appreciate the encouragement!