Hello everyone!
Another week has passed. This week, I was unfortunately down with a cold (these colds are really getting to me, haha), but I’m back and ready to give you an update. So, I’ve officially crossed the 100k mark! Last week, I had to withdraw 1.3k from the portfolio without adding anything new. This was a one-time action because I made an unwise trade and needed to cover the loss. Considering the profit buffer I’ve accumulated this year through active trading (which, of course, I don’t display in the portfolio—only the deposits), I’m not too upset.
As I mentioned in my last post, I plan to slow down my savings pace, at least temporarily, to give myself a break and maybe reassess a few things, not only in investing but in life in general. It’s funny how my two favorite hobbies — bodybuilding and investing — become more valuable with each passing year, building helpful habits and shaping my mindset. Sometimes, my excessive determination can get in the way, but discipline is by far the most important quality that helps in investing.
I genuinely believe that anyone can profit in a growing market, as long as they have the discipline to stick to a regular routine. That’s the real “secret” — there is no secret. It’s all very simple from a technical point of view (you don’t need a super strategy, 500% annual returns, or any of that nonsense, and you don’t even need to pick the one stock). Critics might point out that my portfolio has some random individual stocks and crypto — that only proves that you can take nearly any stock and make a profit if the US market and S&P 500 are rising, as they are fundamental to the entire US and global economy.
Next week, I plan to add a few thousand euros and buy more $FWRG (+0,16 %) on Interactive Brokers. I also need to finally start clearing out altcoins from my portfolio and maybe lock in some profits on Bitcoin, transferring it into ETFs. But I feel we’re heading for another quarter (or more) of strong growth ahead.
Wishing you all a great Friday and fin de semana, and I’ll see you on Monday with another update!