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by hknmtt
1375 days ago
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I would not consider years a short period. But anyway I have started with around 50-65k. Don't remember exactly. Around 50k was inheritance. I knew about investing since I was a teenager. I was interested in trading futures because that's what was popular back then during my high school years. But I realized day-trading is just another day job, so I never got into it. And stocks, back then, were expensive(broker fees) and you needed a lot of money(thousands instead of hundreds) which was simply out of the question for a teenager. When I inherited the money, I wanted to tuck it away and preserve it but then I said to myself "F. it", I always thought about investing in stocks one day and there won't be any better time. So I started.And I found out the fees and complication were no longer such an issue like in the past. On the contrary, it was very easy and cheap. Slowly, with couple of thousands to get my feet wet and couple of months later, I invested all of it and my own money on top of it, as I gained confidence. And it was the best decision in my life. Mostly because it inherently provided the best financial, economic and geopolitical education no school could ever give you. And as I have said, I have been living off of my investments already. Since last year(I could have sooner but I had a great job). Sure, not all people inherit money to start with but that can be equalized by time(ie. start sooner with less). Also, it is a waiting game. You need patience. It's not get rich quick type of thing. And you learn along the way. You make mistakes and you learn from them. If you have 1000$, there is nothing stopping you but your fear of letting the money go(not lose, just not have access to it). |
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Congrats btw, its good to hear a success story that does not have a course or affiliate/sales link attached!