Cory2
2023-12-07
As a retail trader, I haven’t had the capital to invest in order to make my first 100K yet (I’m still learning). I think you’d want 15% on 1-3 million cash, in Australia (not including your superannuation or other assets). With the cost of living getting higher, I would want at least that & diversify some of it in at least a few strong long term ETF’s. I think most everyday investors are hoping a good percentage of their stocks make them a good return just to live comfortably and happily?
After your first 100k what did you do?
How did you achieve your first $100k? What did you do after you achieve $100k? Did you alter your investment approach after reaching $100k or $1M? Can an annual return of 6% from the S&P500 or 15% from the Nasdaq suffice for retirement with $1M or less?
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