爱喝水的小猫猫
2023-12-14

Similar to many of you, I can't really recall when I achieved my first 100k. It was probably through normal salary and savings. The challenging part is definitely the first #1MIL!!

When I say first 1 mil, it is definitely Investable cash and not including assets. Still working towards it and staying hopeful :)[Miser]  Am currently 75% vested, of which 1/4 in bonds and 3/4 in equities. Current annual return ~5%. main reason why it couldn't go higher was due to many underwater HK counters. Although these are companies doing very well, the overall market sentiments is just not so high in the HK market.

Lesson learned? Yeah, probably just go with the wave and vest more in US blue chips. S&P is definitely worth getting into for stable long term returns.

As we become more mature and experienced in the investment world, go for steady income flow and less risk instruments is what I am aiming to achieve! Will a 10% yearly return with 1Mil capital be achievable? With this amount, I guess I will be very comfortable to retire. Don't be afraid to dream big and work towards your goal!

Wishing for a good 2024 ahead![Grin] 


Note: some lucky counters!

 $Tesla Motors(TSLA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Advanced Micro Devices(AMD)$ $Birkenstock Holding plc(BIRK)$ 

Modified in.2023-12-14
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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